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WTDirect $500 Bank Sign Up Bonus

The WTDirect [1] bonus is back, and this time it’s better than ever. A $500 sign up bonus is waiting for you for Free Money [2] Friday.

This one is a no brainer, since they increased the bonus by $350 from the last time they offered it!

How to Get Your Sign up Bonus

  1. Open a new WTDirect [1] online savings account.
  2. Verify that you see a promo code starting with the letters dxxxc01 on the application.
  3. Fund your account by June 15, 2010.
  4. Keep the money in the account until September 15, 2010.
  5. Get your bonus two weeks after that.

Amount of the Bonus

The amount you earn will be based on the lowest daily balance during the promotional period. Here is the WTDirect [1] bonus schedule:

Balance Bonus
$10,000 $100
$20,000 $200
$30,000 $300
$40,000 $400
$50,000 $500


Here is more information about WTDirect [1] and the bonus offer:

  • FDIC Insured.
  • No fees or minimum deposits.
  • This offer is available to new WTDirect clients only.
  • Primary account holder must not have held a WTDirect account in the past 12 months.

Over 5% Interest Rate

The WTDirect [1] 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!

Double Dip

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 [3] 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 [1] 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!