To all:

I have been using this internet bank for a few years now, and they just came out with an excellent deal, and I thought that I would share it with you.

Just open up an Internet Interest Checking account and use your Visa/MC wich earns Freq. Flyer miles (like Chase's Continental, or Citibank's American, or Nation's Bank USAirways, etc) to make your initial deposit. They allow up to $500 to be charged, and it is NOT charged as a cash advance - just as a regular purchase. So, I earned 500 miles. (They also have their own miles program with their own credit card, see below)

In addition, the account has the following features:

High interest checking with no minimum balance and no monthly fee.
- 6% annual percentage yield!
- 35 electronic bill payments free each month!
- Online images of your cleared checks!
- Free checks and unlimited check-writing!
- Toll-free telephone banking available!
- And access from any web browser!

For more info see: http://www.sfnb.com/infodesk/interest_checking_info.html

They are FDIC insured as well: http://www.sfnb.com/infodesk/bankinfo_fdic.html

For information on their SecureMiles program with their credit card (which is seperate from the above) see:
http://www.sfnb.com/infodesk/miles_info.html

p.s. - I am not affiliated with this bank - just a long time, very satisified customer of the "World's First Internet Bank". You would think that there is a catch - there isn't! They even sent me pre-stamped deposit envelopes to send in any deposits that aren't direct deposits. It literally is free.

[This message has been edited by steve100 (edited 04-27-99).]