Edit

Forums
Finance

Sites that offer automatic $1 charges to qualify for rewards offers, meet high yield checking requirements, etc. in: Subjects › Deposits

  • filter:
  • Tell A Friend
  • tweet this
  • Post to Facebook
  • Text Only
  • Search this Topic »
  • Classic
  • Go to Page :
  • 1 2
alert mods    
rated:

ellentk said:Americans for Nonsmokers' Rights no longer accepts $1.00 monthly donations.
That's OK. They weren't tax deductible anyway. You might as well benefit from contributing to a 501c3 organization, even if the amount would be minimal -- assuming, of course, that you itemize.


alert mods    
rated:

That's the best way to kill a deal. Nice proposition...


alert mods    
rated:

Cheapoking said:That's the best way to kill a deal. Nice proposition...
The decline of yields for Reward Checking accounts (RCA) has many reasons besides people making $1 transactions. It's been discussed thoroughly in the appropriate thread, but *all* rates, not just RCA rates, have been in decline for some time. An FI can close an individual's account at any time or even give them a preliminary warning if the FI doesn't like how the person is using the account. Some FIs already do this.


alert mods    
rated:

Banks offering RCA's are dead on looking for two things from the customers:

1. How many transactions are they making during the cycle.

2. What type of transactions and how much are they actually spending.

Making 10-12 transactions (usually the bear minimum), and each of those for $1.00, leaves no room for any bank to sustain the rates at which they offered the RCA. It has been clearly posted/documented here, of where certain banks will close your accounts, by monitoring 1, and 2 above.

At the least, and to fly under the radar, I suggest to stay away from the usual suspects; $1.00 transactions, will kill the deal.


alert mods    
rated:

Cheapoking,there is nothing wrong with setting the autopilot, just to make sure you meet the requirements, and using the card, on occasion, for those accounts you want to make sure stay opened.


alert mods    
rated:

How about a list of sites that offer automatic <$1 charges to qualify for rewards offers?

Message edited by: swandown on 2009-07-20 12:55:17 CDT
alert mods    
rated:

http://www.ecotrust.org/

$1/mo accepted. 4 Stars from Charity Navigator. Researches sustainable living/farming methods and creates demonstration projects.

Environmental Working Group

$1/mo accepted. 4 Stars from Charity Navigator. Researches and lobbies for drug/chemical standards.

Message edited by: Rayout on 2009-08-22 18:22:01 CDT
alert mods    
rated:

Bump in case they're still archiving Finance threads. Anyone know what the decision was? I now have 3 cards and want to keep this an active thread (yes, I know some of you have many more cards....)


alert mods    
rated:

There is a site that offers lots of cheap, even under $1, stuff from China with free shipping. Don't know how they do it. Don't think these folks are pioneering quality control in China, but there is a lot for the stocking stuffer.
www.DealExtreme.com.


 Close

Sign Me In
Nickname: 
Password: 
Remember My Login Information:

Forget your login information?

Not Already A Member?
Sign Up Now!

  • Quick Reply:  Have something quick to contribute? Just reply below and you're done! hide Quick Reply
     
     
    Click here for full-featured reply.


Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.


While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2009