MOAR Money – Bank Opening
MOAR Money – Bank Opening
From time to time, I will share a trick to reduce cost or to make MOAR (more and roar) gay money! Normally with these techniques your millage may vary and sometimes geographical differences may occur with related store policies/management. It is always advised to start small with a trial run before scaling.
I love money and hate banks. If you love money, hate banks, an have a little free time, you can liberate bank money making it gay money. My husband and I make about a grand each year off of bank promotions. We could make more if we tried harder.
Making this cash is very easy!
1) Find a bank opening offer. Just Google “bank opening bonus”.
2) Read the eligibility requirements. Normal restricts to watch for are state requirements and “new customer” requirements. Each bank defines what a “new customer” is. Normally a new customer is someone who has not had an account within the last 6 months.
3) Understand hoops to get the bonus. Normal hoops are auto deposit, paperless statements, and debit card purchase requirements.
4) Apply and fund the account.
5) Do the hoops within the time period required, typically 30-90 days. Make sure you get the bonus. Sometimes you have to call (Key Bank).
6) Close the account as soon as there is no early closing fee, typically 6 months. The sooner you close the account the sooner you are a “new customer” again!
Some banks which typically offer bonuses: Chase, Huntington, Key Bank, Niagara Bank, Nationwide Bank, Consumers Bank, Sun Trust, PNC Bank, BMO Bank, and Charter One Bank.
This process can get pretty complicated fairly fast, but if you make a simple spreadsheet with the needed information in one place the process becomes very easy. Go forth and liberate your gay money from the greedy banks.
How many accounts can you juggle? Don’t think it is worth the effort? Tell me about it.
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