Citibank CitiGold $400 Checking Bonus

Open a CitiBank checking account before April 30, 2012 and enroll the new checking account into the Citi ThankYou Rewards. Then, after you have finished doing both of these requirements, you must make a direct deposit and complete a bill payment for two consecutive months. You will get 40,000 rewards points for doing so which is equivalent to $400 in gift cards.

 

For more information click here.

06. April 2012 by dave
Categories: Bank Accounts, Checking Accounts | Leave a comment

Bank of America KTC – $250 Cash Bonus and some more!

The Keep the Change program at Bank of America will let you have up to $250 of the change of all your debit transactions for the first three months! So lets say you get a hot chocolate at Tim Horton’s for $2.50, well instead of $2.50, the charge will show up as $3.00. The $0.50 from the addition (or round up) that the B of A puts in will be put into your savings account! How awesome is that? So now lets say you get a box of markers for $3.01, that’s right, you get $0.99 because it charges $4.00 instead of $3.00!

To get this deal:

  • Sign up using this $50 bonus money link for a checking account with Bank of America
  • Deposit $500 into your account
  • Now sign up for a savings account (necessary to participate in KTC) here. In order to make this account free, you’ll need to set up a $25 auto transfer from your checking to your savings.
  • Now that you have your checking account, debit card, and savings account, enroll in the KTC promotion here!

To maximize your deal with this, you can pump gas at $1.01 each time you pump gas late at night, or you can pay your utility bill or what-have-you at small portions. Be careful though, there may be some policies with the gas companies or the utility companies! Check out and stay legal! There are no policies about this at B of A.

According to the B of A policy, you can only have 5 checking/savings accounts. So therefore, you can participate in the KTC promotion up to 5 times! That’s up to $1,250 in cash! Make sure you screenshot and record all promotions from the Bank of America as they sometimes are hard on giving money out and promotions. They don’t always keep their word! (Don’t just screenshot this, screenshot the link signups above).

Happy Cha-Chinging!

04. April 2012 by dave
Categories: Bank Accounts, Checking Accounts, Savings Accounts | Leave a comment

Capital One Small Business Rewards $450!

When you sign up for your Small Business Rewards checking account, you will get $450 as long as you meet the following requirements with Capital One!

  • First 30,000 reward points: open Small Business Rewards Checking account, Spark business credit card and a Capital One personal checking account

The Spark business credit card gives you 2% unlimited cash back. There are no annual fees during the first year, but after that it’s $59 per year. In addition to the 30,000 reward points (total of $300 in worth), you have the chance to earn $150 bonus money!

This offer is good until June 30, 2012! So get in on it. Learn more about the terms and conditions here.

03. April 2012 by dave
Categories: Bank Accounts, Business, Checking Accounts, Credit Cards, Savings Accounts | Leave a comment

What Are The Factors That Do Not Affect Your Credit Score?

Everyone is working so hard to improve their credit score that they waste a lot of time worrying about things that do not even affect your credit score. Concentrate working on things that will improve your score. But to do that you must be able to separate the myths from facts. Given below are 3 factors that do not affect credit score negatively.

Factor 1

Paying off a credit card debt with another one having lower rate of interest affects your score.

This is not a correct fact. Rate of interest does not affect the credit score. However, if your credit score is low, you may have to pay a high rate of interest. Credit card companies and lenders et al do not report the interest that you pay to the three credit bureaus. Therefore, when your score is calculated, it is not considered. In fact, if you pay off a debt, even if it is with another credit card, you will be actually helping your score. One factor that is used to calculate your score is how you use your card. Moreover, when you are paying off a debt with a card having lower interest, you are doing yourself a favor

Factor 2

Your Score is affected when your credit card is cancelled.

This depends upon the number of cards that you have and your debt and credit limit. What this means is that your “debt to credit ratio” is calculated by totaling all your debts and dividing it by the total of your credit limits. But, if you have a single card with no utilization, then there is no chance of this factor affecting your credit score. Since you have not used the card, you have no balance and are not repaying any debt. However, there is one factor that may affect your score. If your card has been in use for a long time, then the length of credit history is cancelled along with the card.

Factor 3

Too Much Credit Will Affect Your Score Negatively.

This is also a factor that is a complete myth. Having balances on your credit cards is not advised, especially if the balance exceeds 30%. Use the card but keep repaying the debt. Being debt free affects score positively. You cannot have too much credit. You can have only too many debts. Also, some people wonder if it would be right to ask the credit card company to lower their credit limit. This is a factor that will surely harm your credit. Therefore, let your credit continue and do not ask the lender to lower the limits.

Work on other factors like paying your bill in time and paying off your debts. These will help to improve your score. Forget about things that do not affect the score negatively.

Samantha Lyttle is a finance expert and a freelance writer. She is a contributor for the site, FreeCreditReportsInstantly.Org

23. January 2012 by Sam
Categories: Uncategorized | Leave a comment

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