I Just finished this deal yesterday. I made $440 (with potential to make $450 more in referrals, *see note) in one trip to the bank (I know of robbers who've made less) Here's How it works: 1. On way to bank stopped @ county clerk and got my DBA ($10, good for 5 years) 2. Stopped @ post office, grabbed mover's pack for $125 coupon (printed $200 one online from SD thread). 3. Opened Checking acct with referral code from other SD user ($125 coupon + $25 bonus + $25/50 per referral). $100 opening deposit, Direct Deposit required (will try paypal first, if not, I've got the form to set it up from my work... **NOTE*** Bank manager advised me that the $25 referral bonus is DOUBLING to $50 in the MIDWEST REGION ONLY (MI, IN, OH, ?) effective 3/1 That makes it $175 bonus for this acct. Plus an additional $50 for every referral you sign up in that period I got 5 for each of the two acts I opened, and will give them to the first to email me (don't pm) gabe [dot] mcg [at] gmail [dot] com I WILL ONLY GIVE YOU THE CODE IF YOU INTEND TO USE IT TO OPEN AN ACCT IN ONE OF THE THREE STATES LISTED ABOVE, and can prove it. 4. Opened a business checking acct with the DBA I just set up ($500 opening deposit), using the $200 coupon, and one of MY OWN referral codes, that gave me $50 bonus in the biz acct, and an additional $50 in the checking acct. I referred from. ($200+$50+$50=$300) 5. Opened a business savings acct to avoid minimum balance requirements and other fees for one year ($25 opening deposit) So: $125 - Personal checking + $25 (referral $50 if you are IN, OH, MI) ---------------------------------------- $150/$175 + $200 (Biz checking) + $50 (referral bonus + $50 (for referring myself) ----------------------------------- $450/475 - $10 (cost of DBA, free if you already have one) --------------------------------------------------------------------- $440/465 + $225/450 (9 referral codes worth $25/$50 each) ------------------------------------------------------ $665/$915 $925.00 = Theoretical MAX profit (assumes located in IN/OH/MI, already have DBA, and use ALL referrals) As a bonus, I set up a Citibank free checking acct. w/ DD for an additional $200 ($100 after 3 mo, the other $100 after 6 mo and last month I set up a Bank of America acct for another $100. This is a great way to make some extra bread if you've got the dough to spread into opening a few accts, and don't mind spending the time. I've only invested a couple hours total, and have made upwards of $700 so far. Please post your successes! UPDATE-
Not only is the $25 code now $50 in the midwest, Both the business, and personal check cards that come with these accts for free qualify for Chase's various DEBIT CARD rewards programs. The rewards/fees vary by card, If you travel a lot, or intend to spend a lot on your debit card, the annual fee may be worth it, however both the business and personal acct offer a free rewards program, with no annual fee, and 1:1 rewards points... Chase Visa Extras (personal acct) points redeemable after 2000 earned, 2500 bonus with first point redemption Chase Visa Extras (business) double points after $4000 annual spending All programs (and links to details) listed below [URL="http://www.chase.com/ccp/index.jsp?pg_name=ccpmapp/smallbusiness/business_banking/page/bb_debit_credit_card"]BUSINESS:[/URL]
Debit Card Overview Designed specifically for businesses, Chase Business Debit Cards combine traditional ATM access with the convenience, flexibility and spending power of a Visa® Check Card or MasterCard Banking Card. With a Chase Debit Card, you'll have 24-hour online or ATM access to your deposit accounts, including records of deposits and withdrawals. Enjoy these benefits with any of the Chase Business Debit Cards: * Zero Liability — Protects you from unauthorized card transactions when you notify us promptly* * Guaranteed Credit - Ensures you will be reimbursed for any unauthorized card transaction by the end of the next business day** * Convenience and Flexibility - Pay for business purchases in person, over the phone or online * Earn Rewards Product Description Features / Benefit Visa® Business Check Card with Chase Visa Extras Earn points and turn everyday purchases and bill payments into exciting rewards * Earn 1 point for every $1 in qualifying purchases1 * Earn double points after $4,000 in annual spend * Redeem points for cash, gift cards at retailers, dining and more * Use Automatic Bill Payment and watch your points add up Leisure RewardsSM Business Check Card Earn points and turn everyday purchases and bill payments into exciting rewards * Earn 4 points for every $1 in qualifying purchases2 * Earn 2,500 point enrollment bonus after first qualifying purchase2 * Redeem points for cash, gift cards at retailers, dining and more * Use Automatic Bill Payment and watch your points add up * Annual fee applies Continental Business Banking Card Earn OnePass Miles on everyday purchases, then redeem them for exciting travel rewards * Earn 1 mile for every $1 in qualifying purchases3 * Earn 2,500 mile enrollment bonus after first qualifying purchase 3 * Earn double miles on Continental Airlines ticket purchases * Annual fee applies United Mileage Plus Business Check Card Earn Mileage Plus Miles on everyday purchases and bill payments, then redeem them for exciting travel rewards * Earn 1 mile for every $1 in qualifying purchases4 * Earn 2,500 mile enrollment bonus after first qualifying purchase4 * Earn double miles on United Airlines ticket purchases * Use Automatic Bill Payment and watch your miles add up * Annual fee applies PERSONAL: [URL="http://www.chase.com/index.jsp?pg_name=ccpmapp/individuals/debit_cards/page/united_miles_plus"]*Mileage Plus Check Card*[/URL] With the United Mileage Plus Check Card, you can get: * 2,500 bonus miles with first qualifying purchase1 * 1 mile for every $2 in qualifying purchases2 * $50 in United Discount Travel Certificates3 * Earn bonus miles from exclusive Mileage Plus partners. You can earn up to 10 miles for every qualifying dollar spent at participating Mileage Plus DiningClick to view third party site disclosure restaurants4, by shopping at the Mileage Plus MallClick to view third party site disclosure, and purchasing groceries with Mileage Plus GroceryMilesClick to view third party site disclosure. * Become a member of the United Mileage Plus program. Voted the best frequent flyer program for the past ten years by readers of Business Traveler. If you're already a member of Mileage Plus, you can link your Mileage Plus number to your new United Mileage Plus Check Card. Special redemption opportunities as a cardholder: * As a cardholder and member of Mileage Plus, you can redeem miles for award travelClick to view third party site disclosure on United, United Express, TedSM and Star Alliance member airlines. Don't wait! Enjoy these great benefits for an annual fee of only $25. Note: The annual fee will be charged to your Chase primary checking account. No additional fee will be charged for cards issued to valid joint owners on the same checking account. Learn how to earn miles even faster with the United Mileage Plus Preferred Check Card. [URL="http://www.chase.com/ccp/index.jsp?pg_name=ccpmapp/individuals/debit_cards/page/continental_airlines"]Chase Continental Airlines Banking Card[/URL] Choose your card: 1 mile for every $1 in qualifying purchases1 with the Chase Continental Airlines Preferred Banking Card for a $65 annual fee per checking account or 1 mile for every $2 in qualifying purchases1 with the Chase Continental Airlines Banking Card for a $25 annual fee per checking account Both cards earn: 2,500 bonus miles2 after you make your first qualifying purchase Double miles on Continental Airlines ticket purchases when you use your card to make the purchase Additional miles through Continental Airlines Hotel, Airline, Car Rental, Online Retail, and other partnersWeblinking Practices footnote Additional bonus miles when you add up to 3 cards for free for others on your joint checking account, with each new cardholder getting 2,500 bonus miles after their first qualifying purchase Redeem: For reward travel for you or a family member on Continental Airlines or any of its SkyTeam® Alliance PartnersWeblinking Practices footnote For merchandise or magazinesWeblinking Practices footnote Miles to donate to charityWeblinking Practices footnote For upgrades on Continental AirlinesWeblinking Practices footnote For Online Auction items Weblinking Practices footnote Plus, enjoy these benefits: Zero Liability Protection3 Miles that do not expire Automatic enrollment in the OnePass frequent flyer program—if you are not already enrolled [URL="https://www.visaextras.com/index.cfm?uid=11810511001&web=VEX&dt1=&fuseaction=VisaApp.ProgramInfo#Program-Details"]Chase Leisure Rewards Check Card[/URL] (links to program details) [URL="https://www.visaextras.com/?bank_cd=ChaseVE"]Chase Visa Check Card with Visa Extras[/URL] About the Program Earn Points with your Chase Visa Check Card Get points for something you already do! Enroll your Chase Visa Check Card in Chase Visa Extras today, and be rewarded by paying for purchases with the money from your checking account. Get rewards even faster! Use your enrolled Chase Visa Check Card to pay for purchases and earn points from qualifying purchases at millions of locations worldwide: * Daily purchases instead of using cash or checks — purchases authorized with your PIN (Personal Identification Number) do not earn points * Internet shopping * Phone, Catalog or mail order purchases * Automated bill payments * Fast food restaurants There’s no fee to enroll, participate or redeem your points! Program details Earning points begins as soon as your card is enrolled. * Earn 1 point for every $1 in qualifying purchases Please refer to the Chase Visa Extras Program Terms and Conditions for details about earning points and qualifying purchases. |