Banks have always used rewards for marketing. Like giving away toasters for opening accounts. Now banks are using rewards like ipods and gift cards to sway people to open accounts and/or switch financial institutions. What reward/gift would make you open an account?
2007-01-20 05:03:10 · 4 answers · asked by leslirules 1 in Business & Finance ➔ Personal Finance
A lot of banks around here are giving $100 to start a checking account, but you have to have money automatically deposited into a savings account and you have to stay there for so many months or they take the $100 back.
I would open an account for pro basketball or hockey tickets.
2007-01-20 05:07:17 · answer #1 · answered by Dana Katherine 4 · 0⤊ 0⤋
I can buy what they pretty much offer as a reward, what I like to see is higher interest rate for new saving accounts or maybe something for checking. Maybe put a time on the higher rate is paid out.
Another idea I like is what Bank of America has offered, its a nice program that transfer your change from your ATM use to your savings account. They match it for the first few months.
2007-01-20 06:37:36 · answer #2 · answered by Grandpa Shark 7 · 0⤊ 0⤋
It would be very difficult to take me away from Washington Mutual.
I get 3% cash back on my debit card purchases at the end of the year.
Free checks for life.
Free ATM withdrawals (no fee from them, only the other bank).
Free warranties on my purchases.
One free overdraft per year.
And a bunch of other stuff.
When I signed up for a free checking account at another bank years ago, I got a tool kit. It was pretty nice, but they taxed me at the end of the year.
2007-01-20 05:18:34 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I like cash.
2007-01-20 06:16:11 · answer #4 · answered by Nelson_DeVon 7 · 0⤊ 0⤋