It’s no secret that we’re a big fan of bank account incentives that financial institutions throw out there from time to time. This article provides the top 3 reasons why you should take advantage of these bonus programs.
1. Extra Money (more than you think)
Well, that was an obvious one. By completing these offers, you’re able to collect some additional cash. Whether you want to go out for dinner more often, save up for a vacation, or just add a little to the slush fund, these offers generally will pay a couple hundred bucks and more.
2. It’s Easy
We think the biggest drawback for most people in completing these programs is that it sounds like a lot of work. The truth is, it generally only takes a few minutes to set up and fund the account. The most time-consuming part of the process is going to be adjusting the direct deposit (if that’s even a requirement)- but many times this isn’t necessary. We’ll make sure to let you know if it is.
3. It Adds Up
Say you’re able to claim $300 from opening up a new checking account. This, by itself, may not seem like a lot of money, but think about it over the long-term. If you can replicate this strategy every 3 months, you’ve got $1200 extra at the end of the year. Over 10 years, that’s…. well, you know what we’re getting at.
The bonus money is clearly the #1 reason to take advantage of these bonuses, but a lot of people don’t realize how easy it is and how much it adds up to long-term. We hope you found these interesting. Let us know if you have additional reasons you pursue bank account incentives. Also, fill out the information below to receive our free step-by-step guide to completing bank account incentives!