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LaSalle Bank which just tied a knot with BOA recently is now offering $100 for opening a new checking account.

I opened my new account just begining of October with $50 "Checkilicious Offer" and got the incentive posted last friday ....now they have $100 offer...damn!

But I guess its a time to share it with other FW members so they can get in who missed last time with even more bonus.

Click on this Link to go to LaSalle website with $100 offer

Important disclosure

The minimum balance to open a checking account to earn the $100 cash bonus is $250. To be eligible for the Bonus you are required to sign up for a LaSalle Money Card debit card and open a new Statement Savings Account with a $100 minimum opening deposit. You are also required to make a purchase with your Money Card within 60 days of account opening. Bonus will not be considered part of the new checking or savings minimum opening deposit. Bonus will be credited to the savings account within 120 days from the date of account opening provided the stated requirements have been met. Bonus is limited to one per household, may not be combined with any other offer, is not transferable, and may be considered income to you for tax purposes. Offer available for a limited time and is for new accounts only with funds not currently on deposit.

All accounts are subject to applicable terms and conditions, including but not limited to minimum balance requirements and monthly fees. Effective 10/12/07, the Annual Percentage Yields (APYs) for the Checking with Interest Account were .15% (balances of $0.01 to $2,499.99), .25% (balances of $2,500 to $24,999.99), .30% (balances of $25,000 and over). Effective 10/12/07, the APYs for the Select Services Checking Account were .20% (balances of $0.01 to $2,499.99), .35% (balances of $2,500 to $24,999.99), .40% (balances of $25,000 and over). As of 10/12/07, the annual percentage yield for a Statement Savings Account was 0.35%. The interest rates and APYs are variable and may change after the account is opened. Fees may reduce earnings. The monthly fee for falling below the minimum balance requirement on a Statement Savings Account will be waived for the first six months from the date of account opening.

Account access available at all ATMs owned and operated by LaSalle Bank and Bank of America. Access at Bank of America ATMs is limited to cash withdrawals.

MasterCard® is a registered trademark of MasterCard International Incorporated

Member Summary
Most Recent Posts
I haven't received 1099 from LaSalle yet. I received one from Bank of America, but that was for the bonus I received fro... (more)

shan11 (Feb. 17, 2009 @ 10:02p) |

As mentioned above, you will receive it from BOA and not LaSalle as there is no LaSalle no more...........

ShakuniMama (Feb. 18, 2009 @ 7:42a) |

I called bank of america and it seems that somehow the 1099 for lasalle account did not get sent...customer service repr... (more)

shan11 (Feb. 18, 2009 @ 8:03p) |

As per trp2525:

If you've been having the problem of not having $100 bonus post even though you have met all the requirements and would like to contact the office of Ken Lewis, CEO of Bank of America, the number is 1-704-386-5687. Be courteous but be sure to explain the entirety of your ordeal since you opened your accounts. If you have the names of who you have already contacted, even better.


LaSalle Bank NA ABA #071000505

Some helpful notes:

1. Must open the two accounts, Convenience Checking and Statement Savings, in two separate applications submissions, online. This can be done back-to-back. Behind the scenes they will be linked together according to your SSN. At the time of applying you can provide credit card for initial deposit. Up to $1000 can be charged to a credit card (MC, Visa, or Discover - no AMEX) per account. Many people report that their charges are showing as purchases. As always, with this type of a charge, there is some risk of being charged as a cash equivalent,

2. Within a few minutes of submitting online, you will receive e-mails acknowledging that the applications have been received. Within a couple of hours, you get will get e-mails telling you that your accounts have been approved,

3. Within about a week, you get the following in separate envelopes: (1) an online password, (2) debit card, (3) savings deposit slips, (3) pin, (4) a welcome envelope with signature card.

In order to enroll for online banking, you can use your SSN and the online password (4 digits, just like the pin, but it says password explicitly - so don't confuse with pin) to log-on. Once logged on, you should see both of your accounts (saving, checking). You can change both your userid and password after you have successfully logged on,

There are no checks issued by default, or so has been the experience of many posters here,

4. Within a couple of days of submitting the application, you will see the charges on your credit card,

There is a $5/month fee if the balance in either your checking account drops below $250. Same goes for the savings account, but the fee for the savings account is waived for the first 6 months.


CLOSING AN ACCOUNT—
You may close your Account at any time.
If you close your savings Account before interest is credited, you
will receive the accrued interest subject to any fees described in this
Account Agreement. If you close an interest bearing checking Account
or money market Account before interest is credited, you will not
receive the accrued interest. The Bank will charge you a fee if you close
a retirement Account and transfer it to any third party. The Bank will
also charge you a fee if you close your Account by sight draft. These
fees are stated in the Service Charge Schedule.
The Bank may close your Account at any time. An Account may be automatically
closed if any withdrawal reduces the balance in the Account
to zero. If the Bank closes your Account, we will send you notice at the
last address listed on our records and a check for any remaining balance
in your Account after deducting all applicable charges. You agree to
pay any fees for closing your Account in accordance with the Service
Charge Schedule and you are liable for any overdrawn amounts. Your
line of credit privileges, if any, will terminate when a related checking
Account is closed. The Bank may advise consumer reporting agencies
and other third parties of an Account that is closed for misuse.
Any checks presented for payment on your Account after it is closed
will be returned unpaid. The Bank is not liable for any check, withdrawal
or other item presented after an Account is closed.
If you violate the terms of your Account or this Account Agreement, the
Bank may close your Account or transfer your funds to another type of
Account with fewer restrictions. The Bank will notify you of any transfer
under these circumstances.


Service Charge Schedule
TELLER SERVICES FEES :
Canadian Check Deposit $5.00
Charge Card Cash Advance N o charge
Collection Domestic
Incoming $25.00
Outgoing $25.00
Collection Foreign
Incoming $50.00
Outgoing $50.00
Gift Check $2.50 each
Money Order $3.00 each*
Official Check $5.00 each*
Temporary Check $1.00 each
Third Party Mail Deposit $2.00 each
Travelers Checks 1.5% of face value*
Travelers Checks for Two 2% of face value*
CUSTOMER ASSISTANCE FEES :
Account Reconcilement/Research $35.00 per hour
Copy
(Check, Deposit, Deposit Ticket, Statement) $5.00
Cut-Off Statement $5.00
Extra Statement $5.00
Immigration Letter $5.00
Overdraft/NSF Item Service Charge
Paid $33.00 per transaction
Returned $33.00 per transaction
Daily Overdraft/NSF Service Charge $5.00 per Business Day
($6.00 per Business Day,
effective August 6, 2007)
starting on the 5 the
consecutive Business Day
with a balance less than
$0.00
Passbook Replacement $5.00
Sight Draft (to close account) $25.00
Stop Payment
Order $33.00 each
Renewal $33.00 each
Release/Cancellation $33.00 each
Stop Payment/Official Check $10.00 each
Telephone Transfer N o charge
Uncollected Funds
Paid $33.00 per item
Returned $33.00 per item
Verification Letter $5.00

OTHER FEES :
ATM /Money Card Replacement $5.00
Rush ATM /Money Card Replacement $25.00
Automatic MM A/Savings Overdraft Transfer $5.00 each*
Check Order Varies†
Endorsement Stamp Varies
Excess MM A/Savings Transaction $5.00
Inactive Account Fee $5.00 per month
Legal Process
Citation $100.00
Garnishment $100.00
Levy $100.00
Friend of the Court/Child Support Lien or Levy $ 50.00
Medallion Signature Guarantee N o charge
Notary Service N o charge
Retirement Account Close and Transfer $25.00
Returned Deposited Item (Chargeback) $5.00
Wire Transfer
Incoming Domestic $10.00 each
Incoming Foreign $10.00 each
Outgoing Domestic $20.00 each
Outgoing Foreign $35.00 each
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You have to open two accounts, but otherwise should be easy to manage. It looks like opening the Convenience checking with $250 minimum balance to avoid fees and the Statement Savings also with minimum average daily balance of $250 to avoid feed is the easiest way to go. Last promotion they accepted CC's as funding, and it counted as a purchase. YMMV

Thanks, OP. Did you fund that other offer with CC? If so, was it classified as a purchase? And did you get a hard pull as a result of applying?

Porqin: You only need $25(corrected: $100) in the Statement Savings account (to open it) - minimum balance fee is waived for 6 months.
The monthly fee for falling below the minimum balance requirement on a Statement Savings Account will be waived for the first six months from the date of account opening.
More details (charge schedule, etc.) are here (pdf).

Okay, I guess I erred on the side of caution. I didn't get a hard pull last time I opened an account, but it has been like 6 months.

Is this offer also open to existing customers/depositors or only new customers/depositors???

Porqin said: You have to open two accounts, but otherwise should be easy to manage. It looks like opening the Convenience checking with $250 minimum balance to avoid fees and the Statement Savings also with minimum average daily balance of $250 to avoid feed is the easiest way to go. Last promotion they accepted CC's as funding, and it counted as a purchase. YMMV

can anyone confirm that funding with CC still counts as a purchase? and which bank was the credit card from?

Last year, I used Chase and it was a purchase.

cashmonkey said: Porqin: You only need $25 in the Statement Savings account (to open it) - minimum balance fee is waived for 6 months.Actually, you need to open the Savings acct with $100 (along with $250 for the checking), per the *Important disclosure tab on the offer page.

Using a cc on these is alway YMWV esp. chase (there have been multiple FW posts on problems from them)....the worst case is that they recharacherize these as cash advances...

Dose anyone know what the cost to close this account? How long do you need to keep it open? Thanks

Hard or soft pull?

Is DD required? thanks!

It is indeed a soft pull and you can use any credit card to fund the account, will be counted as PURCHASE. Its an easy way to make another $10 by funding the account with $1000 with a credit card which has 1% ca$hBack

Since 2 accounts have to be openeed, can you fund $1000 to both accounts?

(Citi CashRewards!)

pueywei said: Since 2 accounts have to be openeed, can you fund $1000 to both accounts?

(Citi CashRewards!)


That's what I'm doing. Two apps submitted today.

You can fund checking account and savings account with credit card up to $1000 and considered as purchase. That's $20 bonus for a 1% CashBack CC.

Checking account: Two types of checking account. Convenience checking account requires $250 minimum balance (daily) to avoid $5 fee, but no DD required. Direct Plus Checking requires ANY amount of direct deposit to avoid $5 fee. You can switch between these one account to another by calling them.

Does anyone know if Paypal ACH push considered as DD?

Only Visa/MC are allowed for funding?

I think small banks usually check DD carefully. So paypal or ing might not work.

I think small banks usually check DD carefully. So paypal or ing might not work.

Called. Need to open separately (2 apps) with new money.

figogo said: I think small banks usually check DD carefully. So paypal or ing might not work.

You do realize LaSalle bank is owned by BOA?

jlgrandam said: Only Visa/MC are allowed for funding?

Credit card (don't know what types, but my MC worked) or you can send a check. I'm not sure if you can ACH from another bank, I din't ask.

stsarvet said: jlgrandam said: Only Visa/MC are allowed for funding?

Credit card (don't know what types, but my MC worked) or you can send a check. I'm not sure if you can ACH from another bank, I din't ask.

did you confirm your MC worked as "purchase"?

AugustFour said: stsarvet said: jlgrandam said: Only Visa/MC are allowed for funding?

Credit card (don't know what types, but my MC worked) or you can send a check. I'm not sure if you can ACH from another bank, I din't ask.

did you confirm your MC worked as "purchase"?


Don't know. I called Chase. I was told that it would be posted after midnight today.

stsarvet said: AugustFour said:
did you confirm your MC worked as "purchase"?


Don't know. I called Chase. I was told that it would be posted after midnight today.


Ask them for your maximum cash advance limit, and the avaliable cash advance limit. If these two are the same, then bingo! You can ask them for your maximum credit line and avaliable credit line too, just to make sure that the transaction has actually been processed.

Edit: To remove excessive quotes.

Okay guys.

They take: Mastercard / Visa / Discover.

NO AMEX!


It is A PURCHASE. . not a Cash advance(ALWAYS - DOES NOT DEPEND ON BANK!). . and if you really want to be evil .. just open every single type of account they offer w/ 1000 and then close all but the ones you need. Reap all the benefits from the 1k x 1% x # of accounts + up t 60 days float time(depending on card) of interest in your HYS.

I wonder if I can do this LaSalle Bank promotion and this $100 BofA promotion too. Combined with my Citi Cash Returns card, that's $400. hmmm....

I just signed up for an account. Hope the bonus shows up even though I am already a BofA customer. Also, how did you guys sign up for an account? I first created a convenience checking account and after I filled that out, I proceeded a new application and created a statement savings account.

I hope it goes through.

2tiger said: Dose anyone know what the cost to close this account? How long do you need to keep it open? Thanks
No costs to close. After 6 months.

I opened just checking for now. No instant approval. I got the following at the end...is your experience the same???

Application Submitted
Thank you!
Your application has been submitted and will be processed. If additional information is needed in order to process
your application, an account opening specialist will contact you. Once your application is approved, you will receive
an account opening packet in the mail in 5 - 7 days. Once you receive this packet, your account has been opened
and deposits can be accepted.
If you have chosen to mail in your initial deposit, please make the check payable to yourself or yourself and the
joint account holder and send it to the following address:
LaSalle Bank
P.O. Box 4907
Chicago, IL 60603
ATTN: Internal Services

Yes, I have the same experience

AugustFour said: I opened just checking for now. No instant approval. I got the following at the end...is your experience the same???

Application Submitted
Thank you!
Your application has been submitted and will be processed. If additional information is needed in order to process
your application, an account opening specialist will contact you. Once your application is approved, you will receive
an account opening packet in the mail in 5 - 7 days. Once you receive this packet, your account has been opened
and deposits can be accepted.
If you have chosen to mail in your initial deposit, please make the check payable to yourself or yourself and the
joint account holder and send it to the following address:
LaSalle Bank
P.O. Box 4907
Chicago, IL 60603
ATTN: Internal Services

Porqin said: figogo said: I think small banks usually check DD carefully. So paypal or ing might not work.

You do realize LaSalle bank is owned by BOA?

And BofA counts a Paypal push as a DD.

2tiger said: Dose anyone know what the cost to close this account? How long do you need to keep it open? Thanks

It appears you can close your account any time without fee as long as you don't request a sight draft.

"CLOSING AN ACCOUNT—You may close your Account at any time.
If you close your savings Account before interest is credited, you
will receive the accrued interest subject to any fees described in this
Account Agreement. If you close an interest bearing checking Account
or money market Account before interest is credited, you will not
receive the accrued interest. The Bank will charge you a fee if you close
a retirement Account and transfer it to any third party. The Bank will
also charge you a fee if you close your Account by sight draft.
These
fees are stated in the Service Charge Schedule"

I opened checking accounts with LaSalle back in 2/07 for the wife and I for $100 bonus for each. So they didn't hold the one per household line then. Also, closed them both without incident well before 6 mos. The $100 bonus was credited very quickly....probably a week or 10 days after opening. Not sure if things will change now that BOA is involved...notoriously slow payers. Oh and I funded both accounts with a Citi CC which showed as a purchase.

Applied for my wife yesterday on this one, thinking about one for me too, although I've done 2 or 3 other checking accounts in the last couple days...my Chex account is probably ready to explode.

AugustFour said:
Ask them for your maximum cash advance limit, and the avaliable cash advance limit. If these two are the same, then bingo! You can ask them for your maximum credit line and avaliable credit line too, just to make sure that the transaction has actually been processed.

Edit: To remove excessive quotes.


I checked online today. My cash advance limit stays at the maximum. My available balance, however, decreases a lot. I didn't make any big purchase, so I'm assuming that it was $2000 from Lasalle.

I opened checking and charged $250 to my Citi CC. I am waiting for it to clear and confirm "purchase." I then plan to open the Savings and charge $1,000. It may be a few days apart. Do these accounts need to be opened at the same time, or it doesn't matter?

Had anyone have any luck in getting the banks to lower the cash advance limit, or to remove it altogether? I really don't want this "feature". I usually tell banks to NOT set up a pin for my cards, too.

I applied for both accounts yesterday (10-30-07) and funded each with $1000 from Schwab card. Schwab shows a transaction date of 10-31-07 and the merchant as ABN AMRO NORTH AMERICA - CHICAGO as a purchase.

I also got the previously mentioned email and then a 2nd one a little later for both checking and savings stating:

Dear 4myfamily,

Welcome to LaSalle Bank. Your online application for a Statement
Savings account has been approved and opened. Your Welcome Kit will arrive
in the mail within 3-5 business days. Upon receipt, please sign the
enclosed signature card(s) and return it to us at your earliest
convenience.

Thank you for choosing LaSalle Bank. We look forward to serving all
of your banking needs.


LaSalle Bank N.A., LaSalle Bank Midwest N.A., Members FDIC

Just applied for the Convenience Checking w/ Money Card and Statement Savings separately online - charged $1000 each on my Citi card

Skipping 427 Messages...
I called bank of america and it seems that somehow the 1099 for lasalle account did not get sent...customer service representative put in a request to send a duplicate.



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