jdopple said:Should I ask them to bump up my 5% to the 6%. Dang.Why not...can't hurt.

Did you get the letter, or did you get in via the phone number?

Hi, I am new here but I'll tell you my experience. I am very interested in the 6% rate on completely liquid money up to $250,000.00 for 3 months at Dime Bank. I do not live in NY (that's where all their branches are) and I did not receive a mailing with a code so I called the number "--------------------------------------------------------------------------------
Don't have a Promotional code? Please call 800.321.3463

--------------------------------------------------------------------------------" Well the girl that answered wasn't much help, wouldn't give me a code and told me to go to dimedirect.com and sign up for promotions and the next time they have a promotion they will mail you something in the snail mail. I told her I didn't want to wait until next time and I have over 200,000.00 that I need to move immediately, is there any way that she could make an exception. No dice. I was probably talking to someone too low on the totem pole anyway. I asked her if it mattered if I lived in another state, but I do make frequent trips to NY. She said that would be okay, just bring in the flyer to a branch on your next trip. I think she's full of it. If the bank needs customers money, then they need money. Why make a big deal about promo codes and risk losing money which obviously just happenned? If anyone has the golden promo code please post it so I and others can sign up for this account online.

Forsi said:I told her I didn't want to wait until next time and I have over 200,000.00 that I need to move immediately

I've signed up for their promotional email list as well and never received a promo code. Perhaps you could sign up for First Mariojm Direct Bank, they will gladly accept your 200 grand immediately. PM me for promo code.

Forsi said:I told her I didn't want to wait until next time and I have over 200,000.00 that I need to move immediately, is there any way that she could make an exception. No dice.
No Dime, it sounds like but it's their loss! Can we spell I.D.J.U.T.?

Bank with someone who won't (oh, I just have to) Nickel and Dime you Forsi. If they're stupid enough to blow off $200k, you're probably better off parking your money with professionals.

Tytie

I find it only in this offer page. All it says is 6% for the Reward MMA. I can't find "Reward MMA" elsewhere on their webpage. General MMA info says $2500 min and 1% rate. Apparently, the bankdeals guy got the 3 month intro info from a phone call with them.

Just updated the OP. I have about one more month left on the promo rate.

No fee to close, when I opened the account (in branch) a few other people there said they were going to close after 3 months, no problem.

I am tempted to open but in the end probably wont. First I am a little troubled with the leave Promo box code empty, Could they take your money and then you find out your not getting the 6% and when you call they tell you that you did not have a Promo code, Why is that Promo code box even there? Why would they care if they piss off a bunch of rate chasers who don't plan on staying with them anyway's? I don't mind opening short term CDs promos but don't like opening a new MM with a bank that I know I would leave right after the promo because their rates are so bad. Might just be better for me at least to open some more 1 year CDs at over 6%.

TYTBUDGET said:scott1961 said:I am tempted to open but in the end probably wont. First I am a little troubled with the leave Promo box code empty, Could they take your money and then you find out your not getting the 6% and when you call they tell you that you did not have a Promo code, Why is that Promo code box even there?

This is my concern exactly: The amateurish PROMO box. If I had something in writing — from DIME, and not just someone's Blog — stating categorically that this rate will be honored with or without the stupid PROMO code, I'd move on it. And as I said before, a voice confirmation is worthless. Either DIME puts this in print somewhere or it looks shaky. I doubt many people would move $100k of their money on basis of someone's blog . . .

Tytie


Plus, there is no ACH transfer out. So you would lose many days of interest when you close the acct if they have to send you a check.

stfs said:I started here:
promotions
My zip code qualifies so that argues against it being available only at a branch according to someone who posted earlier. The links leading to the application page seem to negate the promotion code requirement. I suspect that the promotion code box was there because it was the same web page that was used when a promotion code was required to earn a special rate. Anyway, w/ 100K for 3 months, the difference between 5% and 6% is $250. Maybe troublesome for people who don't have accounts w/ ACH capability such as CapOne or HSBC where you can establish links without checks but if you have one of these accounts then it really is pretty painless to fund it and pull all of it out after 3 months and chase the next one.

Followed your link and entered my zip and went to the same application page with the promo code requirement. Maybe it means my zip doesnt qualify?

statom said:Followed your link and entered my zip and went to the same application page with the promo code requirement.

You know what I think is probably bothering most of us, it isn't the PROMO Code box per se but the line that states Call us if you don't have a promotion code at 800-xxxxxx. (inferring that you must have one tsk)

They need to state (on the application page for chrissakes ) that No Promotion Code is Needed for this 6% Introductory Rate. Want to bet there are 10 people out there who aren't going to pull the trigger on moving $100k of their money until Dime categorically guarantees this rate for 3 months — in writing — with or without a promo code? For every ten who hold back, that's one million in deposits pissed away. If I were them I'd correct their applications page promo~ er, PRONTO because at the pace rates are going up, in another week what was a ¾% lead will likely close to ½%. And close again. And close still again. The longer they delay, the greater the odds that the next bank to challenge this rate will be one with
— ACH
— a published Disclosure of Fees and Terms, in PDF
— a bonus incentive for signing up

I'll sit tytie.
Er, tight.

Tytie