Got this letter in the mail yesterday. Just open with $1 to get $25 Bonus!!

Isn't that a great return on a $1 investment?

$25 Bonus Here!

IMPORTANT DISCLOSURES BELOW

1 Annual Percentage Yield is effective 2/18/2007 and is subject to change. A $1 minimum deposit is required to open a new account. Withdrawal limits apply. Online statements required.

2 $25 will be credited to your Complete Savings Account within 30 days of the account being funded with a minimum deposit of $1. Payments will be reported as interest income. Accounts must be opened by February 28, 2007 to quality for the $25 offer. Must be a new account opened with new funds. Offer applies to one new account per customer. Not good with any other offer. This offer is not valid for E*TRADE FINANCIAL employees.

3 For details and important information about Quick Transfer, please click here for a listing of the limitations, restrictions and time deadlines associated with this service.

4 The Annual Percentage Yield (APY) of the Complete Savings Account as of 12/20/06 is more than 6 times the national average APY for savings accounts with balances of $25,000. Source: Informa Research Services, Inc., Calabasas, CA. www.informars.com. Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed.

5 National average published on 12/20/06 by Informa Research Services, Inc., Calabasas, CA. Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed. Competitive information obtained from www.ingdirect.com, www.bankofamerica.com and www.wellsfargo.com using New York savings account rates as of 12/20/06. Rates assume balance of $1000+.

**a little update**
You will receive your account number on the screen immediately after it's approved. Make sure you send in the signature card within 15 days or they will void your account.

sounds like a solid deal

I've had an etrade savings account for a while now
site is probably one of the best ones I've seen for managing and moving money around
customer support is very helpful over the phone and you know the bank is legit

good find
I wonder if I can open a new savings account to get this bonus

nice thank you......quick and easy...........never knew my doller could go so far

gatzdon said:Withdrawal limits apply.

Also, find out the fees associated with

1. Closing the account.
2. Getting your $26 out.

So what are the fees?

gatzdon said:Withdrawal limits apply.

Also, find out the fees associated with

1. Closing the account.
2. Getting your $26 out.
I'm not sure what you are trying to imply, but:
The withdrawal limits are the usual 6 per month.
There is no fee to close the account (unlike the money market account), but given there is no minimum balance, what's the hurry anyway?
The "quicktransfer" ACH both in and out is free.

Thats great, thanks.

Then I got nervous that this would make for a great id theft scam. Oh well, tough lesson to learn for $1.

(Still did it though)

frootmall said:gatzdon said:Withdrawal limits apply.

Also, find out the fees associated with

1. Closing the account.
2. Getting your $26 out.
I'm not sure what you are trying to imply, but:
The withdrawal limits are the usual 6 per month.
There is no fee to close the account (unlike the money market account), but given there is no minimum balance, what's the hurry anyway?
The "quicktransfer" ACH both in and out is free.

Thanks,

sorry for being paranoid, but never had an e-trade account. I know what the norm is, but there is nothing that requires a company to disclose up front when they deviate from the norm, hence my inquiry.

Looks like I'll be making an easy $25 too.

Thanks again.

hard inquiry or not?

Complete Savings Account
--------------------------------------------------------------------------------
Rate information: Your interest rate and annual percentage yield may change at any time. Please see the "Current Yields" disclosure for information regarding this account's current interest rates and corresponding annual percentage yields.

Compounding and crediting frequency: Interest is compounded daily. Interest will compound from the date of deposit to the last full day before the date of withdrawal. Interest will be credited to your account on a monthly basis. If you close your account before interest is credited, you will receive the accrued interest through the last full day prior to the account closure.

Minimum opening deposit: A minimum deposit of $1 is required to open this account. There is no minimum daily balance requirement.

Online statements: Complete Savings Account requires that all account statements for this and any other E*TRADE Bank account (as applicable) be delivered electronically. Account statements will be delivered online instead of via mail.

Transaction limitations: Withdrawal limits apply. Under Federal regulations related to these types of accounts, account holders are allowed up to six withdrawals or transfers (for example, using Quick Transfer) from their account in any calendar month. Inbound Quick Transfers are not subject to any limits. If transaction limitations are exceeded, we may close the account, or convert it to an Independent Checking account, or remove the account's transfer and draft capacity. Funds may be transferred to another Bank account by written request signed by the account holder(s), by telephone request through Bank personnel, or by Bank's 24 hour voice-activated system. See your Account Agreement for additional details.

Fees:
$15 will be assessed per each Bank check request. One Bank check request may be requested per month.
See "Additional Fees Applicable To All Accounts" for other fees that may apply

got denied

first time that's ever happened with a checking/savings/cc...hmm?