Posted byon May 21, 2010
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This one is a no brainer, since they increased the bonus by $350 from the last time they offered it!
The amount you earn will be based on the lowest daily balance during the promotional period. Here is the WTDirect bonus schedule:
Here is more information about WTDirect and the bonus offer:
The WTDirect account earns 1.16% APY for the first 60 days no matter what the balance is. It will stay at 1.16% APY after that as long as you have $10,000 on deposit.
Once you add the interest together with the sign up bonus, it’s clearly one of the best deals around right now, since you can clear 5% for the three months (ignoring the ACH transfer time) that your money is tied up!
Here’s a great opportunity to double dip on free money deals right now. This could be a great place to stash the cash from the Citi 0% 18 month balance transfer offer a couple weeks ago, cover the fees, and still have access to 0% money for another year.
Scott and I already opened accounts last time WTDirect did their bonus, so I’m going to have to live vicariously through all of you lucky readers who get to take advantage of this one!