WTDirect Promotion Code: Up to $250 Sign-On Bonus
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WTDirect, an online bank that I covered a couple of times in the past, is offering up to $250 sign-on bonus for new accounts. If you open a WTDirect Savings Account from now till September 5th, and keep your balance for at least 60 days, you will get a bonus from $100 to $250, depending one your balance:
- Deposit and balance of $10,000: $100 bonus
- Deposit and balance of $15,000: $150 bonus
- Deposit and balance of $20,000: $200 bonus
- Deposit and balance of $25,000 or more: $250 bonus
According to WTDirect, “Bonus will be credited to client’s WTDirect account during the first week of November, subject to the conditions noted above.”That’s a little longer than the 60-day period required for the bonus. So to be safe, it’s better to keep the account open until you receive the bonus if you decide to take this offer.
Currently, WTDirect has an interest rate of 3.31% APY with a minimum balance $10,000. The bonus offer is sweet, even though WTDirect doesn’t have the best rate for your money. For example, you can get a better rate from any of the following banks with lower balance requirements (complete list of bank interest rates):
- DollarSavingsDirect: 4.00% APY
- Ever Bank: 3.93% APY
- FNBO Direct: 3.25% APY
- HSBC Direct: 3.00% APY
- E-Trade Financial: 3.30% APY
Then again, if you can get the $250 bonus for keeping your money with the bank for 60 days, that’s a pretty good return.
If you want to take advantage of this promotion offer, use this kink to open account and use promotion code WTF3SOB.
Update: This offer has expired. Get the latest WTDirect Promotion Codes to open an account and enjoy 3.31% return. Also check out other available sign-up and referral bonuses up to $100 from banks and brokers.
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Wow, that is tempting. Not only because of the bonus, but because the interest rate is way better than my current bank.
Can one close the account after 60 days with no penalty?
John: The bonus will be credited in the first week of November. So it’s better to keep the account open until you receive the bonus.