Free Money

Everyone likes free money, right? There is some jumping through hoops involved, but you can get $225 per person (more if you happen to have a Bank of America credit card). (The $150 from Key is only in certain markets, but all of Idaho is included.) Here's the link to see if your area works: Key Bank Promo

Here's how to do it: Key bank is running a promo where you can get $150 for opening an account. You do have to do two payments (pulls, like link it to a cc or ING, explained below) and a debit card purchase. You also can't have opened one in the last 12 months. I've done these many times in the past. It's not too hard. Minimum opening is $125. If you want to do the next part, put $250 in there.

I used an ING account for my pulls. If you want to open an ING savings, I can email you a link to get $25 free money there just for opening it. I'll get $20. That one is totally painless and easy. :) You do have to fund it with $250, but I don't think there are any requirements for having it sit there. If you open the Key Bank first, then the ING, you can pull $100 one day and $150 the next from Key (you can schedule them both at the same time). Leaving $0 in Key. You still have to keep the Key account open for 180 days, and get out your free money, but then close it because after a year, there will be a $20 annual fee (it's waived the first year). Plus, Key does this often and you can do it again 12 months after you close the account.

Once you have the $250 in ING, you can open an ING checking account, transfer the money there and do 3 debit card transactions to get a $50 bonus there. Then you can move the rest of the money back to regular accounts and close everything if you want (I like ING and use it for my savings account).

Total free money $225 per person (remember you can do it for you and your spouse, just do individual accounts, not joint).


Now if you happen to have a Bank of America CC, they are offering $75 if you open a checking account with them. Again, close this after the minimum times and you can do it again next year. Let me know if you have questions. ING and Bank of America should work anywhere, not just Idaho. $600 in free money for me today, Wahoo!!!