Fascinating Finance

I’ve been poor and I’ve been rich….being rich in life is easier

Free Money: E*Trade Online Savings Acct Sign-up

Posted by jenwae on December 13, 2007

etrade1.gifGo grab this free $25 bonus when you sign up for the online savings account from E-trade. It’s free money literally credited within 30 days of opening your new account. The features:

APY = 5.05%
Minimum in account (to avoid fees) = $1
Maximum 6 outbound transfers in a calendar month
Must be new account funded with new money
Interest earned credited every month end
Online-statement only
Promotion ends 31 Dec 2007

It takes just a couple of minutes to fill in the form online, and create a username and password. Typical personal information required. Choose the account type (Complete Savings). You can fund your new account via electronic transfer (ACH) from your external banking accounts, or wire transfer or a check. It is best to do the ACH for convenience. The last step is to specify your funding amount of $1 or more!

It’s that easy, no frills and $25 for…hmmm…10 minutes clicking and typing. Although E*Trade has been hard hit by the credit crunch crisis, your money is safe and FDIC-insured up to $100,000.

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