It Takes Money to Make Money – 3 Special Bank Promotions

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Takes Money to Make Money

Everyone knows that banks are meant to protect the money that you already have, but have you ever looked at how banks might help you earn money? Many banks offer special bonuses, promotions, or discounts for using their services! Here are three examples of special promotions that could put some extra money into your pocket.

Double your Deposits

Double Your Deposits with Webster Bank

If you’ve never deposited a check using your phone, now is the time to learn! Webster Bank is currently having a “Double Your Deposit” Sweepstakes, where their online banking customers who use the Webster Bank mobile app to deposit checks have a chance to have their deposit doubled by as much as $2,000! And the more deposits you make, the better your chances of winning. Did you deposit $100? You could get an extra $100! If you deposit $500, you could get an extra $500! Either way, this is one way you can try to double your money without the usual gambling risk.

The sweepstakes lasts from September 5th until November 30th, so if you were considering joining Webster Bank, there’s never been a better time! One sweepstakes winner will be selected each month, which means there will be three winners in total.

Not sure how to get started? Webster Bank lists easy steps on their website for entering and making mobile deposits. First, you’ll need to enroll in online banking with Webster, if you haven’t done so already. Then you’ll need to download their mobile app on either a smartphone or a tablet. If you have an iPhone, you can find the app simply by searching “Webster Bank” in the app store. Once you’ve downloaded the app, it’s a five-step process to start making mobile deposits:

Step 1: Sign in and click “Deposits”

Step 2: Review and accept the terms and conditions.

Step 3: Allow camera access for the app.

Step 4: Sign your check and take a picture of both sides.

Step 5: Enter the check amount and hit “Submit.”

It’s that easy! If you’re going to a deposit a check anyway, why not get the chance to earn twice as much? So hurry and start depositing!

Refer a Friend

Refer a Friend to OneWest Bank, and You’ll Both get $50

Do you know someone who is currently looking for a new bank? Or do you know someone who is unhappy with their bank and might be happier going to a different one? If so, check to see if your bank has any sort of referral program. For example, OneWest Bank, a division of CIT Bank, N.A., currently is offering $50 to its customers for referring a friend. And what’s even better? The friend who has been referred gets $50 as well! That’s an extra $50 for both of you (talk about being a good friend!). If you’re interested in OneWest Bank’s referral program, simply stop by your local branch and ask. This way, everyone’s happy – you have $50, your friend has $50, and the bank has a new customer! OneWest Bank currently only has branches in California, but lots of banks have referral programs, and almost everyone needs a bank, so be sure to take advantage of any benefits that a referral might get you.

200 Dollar Bonus

Get a $200 bonus when you Switch to BMO Harris

Not happy with your current bank? It might be time to switch. Lots of banks, including BMO Harris, have special offers to welcome new customers. At BMO Harris, you can get a $200 bonus by switching to them and opening a checking account. And BMO Harris makes it easy – you can either apply at your local branch, or apply online! There are some restrictions, of course. In order to open an account and receive the bonus, you must live in a state where BMO Harris operates. Those states currently include Arizona, Florida, Illinois, Indiana, Kansas, Missouri, Minnesota and Wisconsin. If you live in one of those states and want a new bank, then BMO Harris could be right for you! But hurry; the offer says it only applies to accounts opened between July 1 and September 30.

If you’re interested in a checking account with BMO Harris, you have three options: a Smart Money™ Account, a Smart Advantage™ Account, or a Premier™ Account. They have different benefits, depending on what you’re looking for. A Smart Money™ Account is described as “a low monthly fee checking account with no overdraft or NSF fees,” while a Smart Advantage™ Account is described as “a checking account with no minimum balance and no monthly fees with eStatements,” and a Premier™ Account is described as “a premium checking account that rewards you with special customer benefits.” Despite their different benefits, all three checking accounts are eligible to receive the $200 bonus. BMO Harris also has mobile banking to allow you to access your new bank account with ease anywhere you go! As this promotion shows, switching banks can be beneficial for two main reasons. First of all, you don’t have to deal with a bank you don’t like anymore. And secondly, your new bank may have some great perks!

Putting money in a bank account is a smart and responsible thing to do, but why not make a little extra money while you’re at it? Whether you decide to go on a shopping spree with your newfound funds or save it for a rainy day, extra cash is always welcome. Banks are always looking to get new customers and to reward loyal ones, so keep an eye out for sweepstakes, referral bonuses, or new member offers. Check to see if your bank has any special offers or promotions by going on its website or reading your bank’s newsletter, and be sure to stop by your local branch and ask about any offers. You can also use to compare banks, look up interest rates, and learn about special offers! Just head on over to the “Find Your Bank” page to get started.

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