Free IPOD Shuffle and a good rate to boot

[jmjj215]

I just finished opening up a money market account w/ Netbank, as part of this offer.

A few things to be aware of:

• Minimum deposit is $1000
• $25 fee for closing the account w/in 6 months
• $7.50 unavoidable fee for closing the account
• 3.36% rate only if you open a linked checking, 2~% if not
• $3 charge per paper statement - go electronic
• Value of Shuffle may be on your 1099, and taxed as ordinary income

I deposited $1,001, will close the account on my wife's birthday in July (easy to remember, plus I think I'll give her the shuffle for her birthday), calculated the difference in rates with that $7.50 charge, you still beat it w/ interest, although barely (after 6 months), opted for electronic delivery of statements.

[jeffrey]

Yes, it looks like ipod free give-aways are the big thing with banks these days:

<a href="http://www.savingadvice.com/forums/showthread.php?t=11770">Schwab Credit Card iPod</a>
<a href="http://www.savingadvice.com/forums/showthread.php?t=11769">OmniAmerican iPod Promotion</a>
<a href="http://www.savingadvice.com/forums/showthread.php?t=6304">CitiBank iPod Promotion</a>
<a href="http://www.savingadvice.com/forums/showthread.php?t=11708">NetBank iPod Promotion</a>

I'm sure there will be more to come...

[Armywife]

Hubby and I have done three promotions and are using the ipods as gifts this year Thanks Jeffrey & JMJ for the offer alerts!