FlyerTalk Forums - E*TRADE $175 Checking Account Offer

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E*TRADE $175 Checking Account Offer

This one is taken from Foolprice.com:
- Open and fund an E*TRADE Bank checking account with $1,000 or more
- Enroll in the free bill pay service and pay two bills at etrade.com within 60 days.
- Establish a direct deposit of at least $1,000 per month (Individual direct deposits in the amount of $200 or more will count toward the $1000 monthly total).

And get $175 from E*TRADE

I haven't tried it myself yet, but I'm going to. I'll keep you guys updated!

If you're going to do this, make sure to notice the fine print:

Quote:

The Complete Checking minimum balance requirement of $5,000 and the Value Checking minimum balance requirement of $2,000 are waived for the first six statement cycles. Afterwards, a monthly service fee of $15 for Complete Checking and $10 for Value Checking will be charged for accounts that do not meet these minimum balance requirements.

Exceed the minimum or close the account. Also, the bonus is credited as Interest Income, so it may be taxable on your IRS forms depending on your situation.