Friday, January 24, 2014

Cha-ching!

I am $200 richer - just for putting some money into a Capitol One savings and checking account for 50 days. That was a sweet deal that I am so happy I was in a position to take advantage of. Now, I need to decide what to do with it and the $500 in the savings. Should I just keep it all there or transfer it all back into my regular savings? It is a much better interest rate, but still only pennies, really....34 cents on the $500 compared to like .01 on my regular bank savings. I think for now I'll leave the accounts open and transfer the $125 checking bonus money to the savings account. I wasn't planning on spending it anyway.

9 comments:

  1. This comment has been removed by the author.

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  2. Sorry had a mistake in my comment. What I was going to say was that you got a good deal. I did the same the beginning of last year by opening an account at Chase Bank and received $200 in the form of a deposit into the account. It was a nice welcome to the bank. http://toomanydietstocount.blogspot.com/

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    1. I have banked with Chase for years. That's a nice new customer bonus!

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  3. I did the Cap One deal when it was ING, and got $150. Not a bad payday!

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    1. especially when it was only 50 days and no hoops to jump through

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  4. I don't even remember. I did open one when it was ING and got some amount back. If it's Capital One 360, I love the ease to create multiple savings accounts. I have 2 and it helps separate the money a lot better than throwing it all into the same bucket.

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  5. I would leave it in Capital One as a backup savings plan.

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    1. That's what I'm going to do for now. Hopefully after awhile I'll "kind of" forget about it and it'll be an extra layer of EF money to have access to

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