Here’s an updated snapshot of the two most popular bank bonus deals on Outlaw over the past 72 hours, as ranked by pageview traffic.
1. ING DIRECT $50 Bonus — When you sign up for a new, no-fee ING checking account through that link, your account will be credited with a $50 bonus from the bank. You can earn up to an additional $500 by referring friends through their referral system; each friend you refer who ends up opening an account receives a $25 bonus. Remember, this is taxable income, and will be batched as part of your year-end interest earned for the checking account.
2. Chase Freedom $150 Bonus — This is for a limited time only and could end at any time; the usual bonus is $100 after spending $500 on your new Freedom VISA credit card, but through this link you’ll get $150 after spending that initial $500. This is a great bank bonus all-around, since there’s no annual fee and the card includes 0% intro APR for qualified applicants. You also earn 1% cash back on purchases using Freedom, and 5% cash back in rotating quarterly categories.
Potential total bonuses: $150 + $50 = $200. (Or $700, I suppose, if you refer the maximum number of friends to ING DIRECT… that would take some work, though!)
So, if you’re in the market for a new checking account or card, you might as well get a sweet bonus while you’re at it. I do not, however, condone signing up for an account purely to grab the bonus — I used to do this, and it’s simply not worth the hassle. Having too many accounts all over the place becomes cumbersome and annoying to keep track of, unless you use a personal finance service like Mint.com or keep very good records.
Disclosures: I used to review credit cards for a living. Also, my web site has financial relationships with numerous banks and card issuers, including Chase, ING and Barclays Bank.
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