are there any banks out there that offer a %age bonus for you to deposite your money there?
May 18th, 2010 | by admin |i have $115,000 that im going to be using for a home purchase sometime this year. i put othere money into an anuity and they gave me 6% return right off the bat just for using them. i want to know if there is anything similar for a savings acct that i will be able to draw from in a few months
As far as your annuities bonus. Read the fine print. That 6% bonus isnt really free. The insurance company just charges a higher expense for a certain number of years to recoup that "bonus" money. In some cases it makes sense but is usually just something extra to get you interested. Nothing is ever free.
2 Responses to “are there any banks out there that offer a %age bonus for you to deposite your money there?”
By sheeranmj on May 19, 2010 | Reply
As far as your annuities bonus. Read the fine print. That 6% bonus isnt really free. The insurance company just charges a higher expense for a certain number of years to recoup that "bonus" money. In some cases it makes sense but is usually just something extra to get you interested. Nothing is ever free.
References :
By daxit on May 19, 2010 | Reply
HSBCDirect.com is currently offering 4.8% if you open an online account before April. That’s the best I’ve seen and I use it myself. Your annuity probably has alot of conditions. The HSBC account is a basic money market account with no restrictions.
References :
hsbcdirect.com – 4.8% money market account. enter "START" for the promo code.