Comments on: OptionsXpress $100 Bonus Offer Extended

By: andrew

andrew — Sun, 22 Jun 2008 05:14:32 +0000

I have this a/c (with Metropolitan Bank) and i did indeed receive the $200. HOWEVER, they do insist that you channel direct deposit of your FULL PAY CHECK for six months (and that pay check needs to be a minimum of $500/month).

I thought that i could get away with just doing an ACH transfer and have it classed as “direct deposit” (which is obviously accepted by most banks in order to meet the d/d stipulation)…but not so – they asked me to fax a copy of my payslip before they sanctioned the $200 bonus.

Several months later, i had my wife open this a/c and again they required the payslip to verify that the amount of the direct deposit corresponded with the FULL SALARY.

Having said that…it was a free $400 for us (total) and i have no problem banking with them. Heck, they even reimburse all ATM fees (including those charged by other banks/institutions).

By: Larry

Larry — Thu, 19 Jun 2008 20:25:35 +0000

Check out this $200 bonus to open a checking account!

By: Andy/Admin

Andy/Admin — Wed, 11 Jun 2008 14:47:20 +0000

DGI- If there are any fees on this account they are well hidden because I haven’t found them. What you describe is what I plan to do as well.

By: Dividend Growth Investor

Dividend Growth Investor — Wed, 11 Jun 2008 13:44:20 +0000

Are there any inactivity fees or other hidden fees for this account?
So basically all I have to do is invest $500 in optionsxpress, make one trade, and close the acocunt after 6 months. And the bonus ( minus commisions) is mine to keep?
I would keep my account open if the trades weren’t that expensive .