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Old 09-06-2006, 02:26 PM
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greedy4chips greedy4chips is offline
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Default Re: Do you chase bonuses from online savings accounts?

I am in the process of chasing every bonus I can find...so far that is only a couple online savings accts, a couple $100 gift card offers from CCs, and a couple local bank $50 new acct offers.

I would be interested in chasing every last one of them I could find. Perhaps someone knows of a list or I can try to put one together.

b4freedom,
Did you lose or gain interest on the $5000 to receive the $50 bonus? 4.25% is lower than several savings/money market acct rates so your cost of doing the transaction may have been a loss on the interest rate, but a gain on the bonus side. If this is true what is the smallest amount you would be willing to earn to move the $5000 around from acct to acct to gain bonuses?

I myself would have no problem moving it for $10 profit, when considering the interest rate difference plus whatever bonus they are offering. $10 for a few minutes of typing is worth it for me!
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