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Get A $200 Savings Bond From Wainwright

Wainwright Personal Value Checking

If you’re thinking about a new checking account, there are two perks to pursue:

  • A high interest rate with a high-yield checking account — if you’re willing to put up with all the rules.
  • Or a cash bonus for signing up.

Wainwright Bank, with 11 branches in the Boston area, is the latest to make such an offer.

When you open a new Personal Value Checking Account online with direct deposit (there’s always a catch) you’ll receive a $200 U.S. Savings Bond in the mail.

The offer is available nationwide and your debit card can be used without charge at over 2,800 ATMs in the SUM network. There’s also free online banking and bill payment.

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Comments (3)
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3 Existing Comments
  1. said:
    on June 3rd at 07:04 am

    I wasn’t aware that this bonus offer is still strong. I guess for a $500 balance to maintain in order to avoid the $6 monthly fee, that’s a 40% return on investment. Not bad at all.

  2. d rob said:
    on June 10th at 08:30 am

    Has anyone tried using paypal or ing direct to substitute for the Direct deposit? Some banks are catching on with this (such as Chase) but I wonder if a smaller bank such as this one would be aware. The promotion requires an active direct deposit when the bond is shipped out after 90 days. I feel that most people can’t easily switch their payroll around to different banks. Please let me know what has been successful

  3. Sree said:
    on June 19th at 03:41 pm

    What is the maturity of $200 US bond? Is it 1 year? or can we choose?