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Default $125 from Meadows CU (anybody can join, expires 03/31/04) - 02-15-2004, 10:36 AM

Get $75 for opening Meadows CU e-checking account and paying two bills online + $50 for opening an Investor or Premium Money Market and designating it as your overdraft protection (see more info below)


Several comments about this deal:

1) Everybody with a valid email address can join this CU for free. Read more about this HERE and HERE.

2) You will have to sign-up for e-statements to avoid one $5 monthly fee and set-up direct deposit to your checking account to avoid the other $5 monthly fee. Read CU's schedule of fee HERE ( You will need Adobe Acrobat Reader).

3) The CU seems to automatically open a savings account for every new member. I do not know if you can reject this account. You have to keep only $5 in the savings account to avoid a fee if you have another account with this CU. Read more about this HERE

4) Investor MM account requires $1000 balance to avoid $20 fee.
Premium Money Market requires $10000 balance to avoid $25 fee.

5) Accounts in this CU are insured by NCUA. Read more about this HERE, also see NCUA web sire.

6) The CU does offer ATM rebates but only if you keep there > $5000.
The larger your account balance, the bigger your ATM rebates. You can get up-to $50 of monthly ATM rebates. Read more about this HERE

7) Meadows CU offers free bill payment, free incoming ACH transfers, and one or two free outgoing ACH transfers. I have not tried these transfers yet so I do not know details.

************************************************** **********
Bonus rules:

"Open a Meadows eChecking account and pay 2 bills online, and you’ll earn $75. We’ll throw in another $50 when you open an Investor or Premium Money Market and designate it as your overdraft protection account. That’s total of $125 and for getting a checking that is FREE checking, and protecting yourself from bounced checks and fees. "

*eChecking must be open and 2 bills paid online by March 31, 2004. The Money Market account must be opened and designated as an Overdraft Protection Account by March 31, 2003. The $75 and $50 rewards will be deposited into your eChecking account. Please allow 4-6 weeks for the deposit to occur.

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