Archive for January, 2012

$150 Cash Bonus from Anchor Bank’s Checking Account

“Free money hugs”. This is the tagline from the latest checking account promotion Anchor Bank is giving away. Open a new checking account with them and a $150 cash bonus will be waiting for you.

How To Qualify

Once you open an account, you are required to meet the minimum deposit requirement of $100. By doing so, you are automatically qualified for a $50 cash bonus. Just make sure you comply this before April 15, 2012, when this amazing offer will expire.

To get the next $50 bonus, you must be able to have a direct deposit to your checking account. This deposit may include any of the following: pension, Social security, or payroll, as well as any other benefits from the government. This should be done within 60 upon initial enrollment of the checking account.

Lastly, you must complete debit card purchases of at least three within your first 60 days of having the new account. Once all these requirements are completed, your $150 bonus will be deposited directly into your account, in a span of 6 weeks at the least, and 8 weeks at the most.

Other qualifying requirements are: you must be able to keep the account open for at least 6 months. The offer is good for new accounts only, however, if you have an existing Anchor Bank account, you can switch types. As long as this is a first-time checking account (you can choose many types), you’re qualified. This must also be used as your primary account.

For switching problems, you can conveniently change your account type online at their website.

If you’re interested in learning more about the interest rates, here are the current APYs they have to offer for each checking type:

Admiral Checking – 0.05%
Commodore Checking – 0.10%
High Interest Checking – 0.10%

For their Business type checking accounts, the APY are as follows:

Lawyer’s Trust Account (Balance under $20,000) – 0.05%
Lawyer’s Trust Account (Balance over $20,000) – 0.20%
Real Estate Trust Account – 0.05%

To help you learn more about the offerings of their different checking accounts, you can log in to their website.

About Anchor Bank

Since 1919, Anchor bank has been well-credited for their reliable mortgage and real estate loan offerings. Branching out to banking proved to be lucrative as well. This latest checking account promotion is a sure example of that.

This “money hug” from Anchor Bank will do so much more than give you that warm, fuzzy feeling on the inside.

0% APR for up to 21 months with Citi Diamond Preferred Card

The ability to save a substantial amount of money is something we all crave for. And opening a credit card that offers the exclusive benefit of giving out a 0% APR for an extended period is just the answer.

The Citi Diamond Preferred card has been ranked among the best in credit card offers in this country. And why not? Take a look at the perks you’ll be having:

Longer Grace Period

Undoubtedly, what appeals most to clients is its introductory APR rate of 0%. With this, you can enjoy 21 months of purchases and bank transfers – for no extra charge or interest rates at all. If it sounds like borrowing money for free, then it’s sure to be a good thing.

However, once this grace period is over, you will be started on the standard APR rates. Although the low ongoing rate for credit cards these days are fixed at 11.45%, your credit history and worthiness will be evaluated. The better your credit background looks, the lesser your APR, and vice versa. Rates can go as low as 11.99%, 16.99%, or 21.99%. If you will incur cash advances, you will be assigned a 25.24% APR.

Nonetheless, the Citi Diamond card is better than most of its competitors who offer the same benefit – because most of them only limit the zero APR for up to 6 or 12 months only.

The card also comes with its anti-theft policy from their Citi Identity Theft solutions. You will hold no liability from any purchases that are unauthorized from you.

However, the following fees take effect after the 21-month period:

For late payments, you will be penalized a variable amount of up to 29.99%. Also, a 3.0% interest is issued for each purchase you make outside the country. Balance transfers fees will then be issued 3.00% or $5 for each transaction, depending on which is greater.

Other Benefits

If you think this is all there is to the Citi Diamond card, think again, Aside form using it like a regular credit card, you can also get special access to VIP packages like live entertainment or presale tickets with seating assignments of your choice. Affiliated brands can also provide you discounts, further adding up your savings.

Traveling also becomes a breeze with its 24-hour concierge service that assists you in travel bookings, flight, and hotel stays.

Having a credit card with a nice, long zero APR can be such a joy. Open a Citi Diamond Preferred card now.

First National Bank of Pawnee Ups its APY Rates

Sometimes, small-town banks have it better. Take for example the First National Bank of Pawnee. Catering specifically to the needs of residents in its state of Oklahoma, the bank is able to offer much higher APR and APY rates. On the National Average, banks are only able to offer an APY of 0.65% – 0.99%. Any other bank that’s able to provide much higher rates is a sure winner, and in this case, it’s the FNB of Pawnee. Just take a look at their offerings:

Certificate of Deposit – APY

91 day single maturity CD – 0.50%
182 day single maturity CD – 1.000%
182 day auto-renewable CD – 1.000%
1 year single maturity CD – 1.21%
1 year auto-renewable CD – 1.21%
18 month single maturity CD – 1.31%
2 year single maturity CD – 1.51%
2 year auto-renewable CD – 1.51%
3 year single maturity CD – 2.02%
3 year auto-renewable CD – 2.02%
4 year single maturity CD – 2.17%
4 year auto-renewable CD – 2.17%

They offer flexibility in terms of managing how long you want to keep an account for. You can have it for as short as 91 days or for as long as 4 years. And because you can choose an account that’s auto-renewable, you can just leave your money to keep growing and growing for the many years to come.

One of the most important requirements for you to be able to open an account is that you have to be a resident of the state. Since they do not accept any form of out-of-state money, this can either be an advantage to you if you’re from the small county, or a disadvantage if you’re not.

They also require $1,000 minimum initial deposit if you’re applying for the 1-4 year CDs. However, if you’re only going for the 91 or 182 day CDs, you must meet the minimum requirement of $2,500.

How do you get the interest? The FNB can either issue you a check, or directly deposit it in your checking or savings account. Of course, you can just add it up to the CD so you can get more of it when it reaches maturity.

However, as with other CD accounts, there are penalty fees for early withdrawal. It might be prudent to carefully think over the type of CD plan you intend to go for so as to prevent unnecessary payments that will prove to be a big loss on an otherwise fruitful gain.

About FNB of Pawnee

Serving the small county of Pawnee in Oklahoma since 1893, the First National Bank of Pawnee has since evolved from a small bank into a full financial institution it is today. Even with its small staff of 25, and catering to a small number of people, it boasts of at least $50 million in assets. Since its foundation, the bank has experienced depressions, wars, and drought. But despite all these, its financial integrity remained strong, and that is why it has become one of the most trusted names in banking in the state of Oklahoma.

3.811% APR for 30-Year Fixed Mortgage from Crestline Funding

Most people don’t really know the difference between credit unions and banks, when in reality, even the smallest credit unions can give the banks a run for their money. This is because credit unions tend not to focus on profit, but rather on service. This is also the reason why rates at credit unions can be lower than conventional banks when it comes to mortgage.

This is exactly the principle that Crestline Funding, like most credit unions, adhere to. According to the Credit Union Mortgage Association, today’s 30-year fixed mortgage rate is fixed at an average of 4.143%. But Crestline Funding offers even lower rates than that standard. At 3.811% APR, you can significantly save hundreds of dollars in the long run. Any deal is a great deal when you get to save, so if you’re thinking of doing repairs in your home early this year, or even buying a new one at that, you might as well grab the opportunity now.

Rates Comparison

Here is a list of how competitive Crestline Funding’s APR rates are in terms of the standard given by the Credit Union Mortgage association:

Credit Union Mortgage Association

30-year fixed – 4.143%
15 year fixed – 3.750%

Crestline Funding

30-year fixed – 3.811%
15 year fixed – 3.358%

As can be seen, you can get more value for your money because of the very low APRs. Plus, Crestline Funding offers 96.5% financing, so you won’t have to worry about shouldering more than you can pay for. These low-rates are possible all because they are a direct lending group. Unlike banks or other real estate agencies, Crestline Funding eliminates third parties, so you won’t have to pay for the middle men.

In order to apply for a loan, you can ask for a free quote on all you mortgage needs on their site. An application form is also given where they can assess your needs, depending on which type of loan you prefer, and on your credit history. If you’re not satisfied with that, they offer live assistance from their online agents where you can openly talk to them regarding your concerns. Doing the deal online provides an avenue for a more convenient and hassle-free way of negotiation.

The Crestline Funding group offers no cost loans upon closing a deal, nor do they assign points for each loan you make. They only offer interest loans, making sure you have no extra surcharges in end.

Aside from fixed loans, they also offer refinance loans, purchase loans, reverse mortgages, home equity loans, jumbo loans, VA and FHA loans.

As with other credit unions, you know your money is safe as you are insured very much like banks do.

With these low rates and great service offers, you wouldn’t have to think twice about buying that new house again.

Starwood Preferred Credit Card from American Express Lets You Enjoy Traveling Rewards

Spending money has never been this rewarding. American Express has come up with the Starwood Preferred credit card that makes the most of your luxurious lifestyle by letting you earn rewards with every hotel stay and use you make.

The Rewards

Your string of bonus points starts when you apply and open an account for Starwood Preferred credit card. Initially, you get at least 10,000 star points when you make a purchase at any of their affiliated companies. You can also get the chance to earn even up to 25,00 bonus points when, in the period of the first 6 months of application, you can spend $5,000.

What to do with your Bonus points

Once you’ve accumulated the bonus points, you can use these to avail free flights to destinations of affiliated hotels. Booking those flights prove to be no problem as well because of the no-blackout days especially catered just for you. As for hotel privileges, you use can use these accumulated points to get some R and R at some of the biggest and luxurious names in hotels, located all across the globe. Think W Hotels, Sheraton, or even St. Regis.

If all these aren’t fancy enough for you, then try booking a 5-night stay at any participating resort in the French Polynesia or Hawaii. Your fifth night is for free, with a resort credit of up to $100.

The more you spend on the facilities of these resorts and hotels, the more you earn points. And with more points come greater rewards – truly an amazing way for you to keep enjoying the uptown life.

Other exclusive benefits include a late check-out time of 4 p.m. and upgrades to rooms. You are also automatically enrolled in the SPG, or Starwood Preferred Guest Program that allows you to enjoy even more benefits. This includes deals on entertainment, shopping, and Broadway shows – all with just one card.

The Starwood Preferred credit card does not require an annual fee for your first year of application. After this grace period, a yearly fee of $65 is a must. Its APR rate may prove to be higher in comparison to the minimum APR of 13.0% these days, but its figures are variable, depending on the market economy. As of this writing, the APR is fixed at 15.24% to 19.25%.

If you open an Starwood preferred card now, you can enjoy the high-life with just a swipes of your card.

About American Express

American Express is known to cater people with different financial backgrounds for decades. Today, it is a widely trusted name in card issuer, making it able to build strong loyalty with its customers.

Doral Bank does well with 1.15% Annual CD Rate

Stop for a moment and think about you goals in life. Do you want to buy a new car next year? Or perhaps you want to start saving for your kids’ college fund? Oh wait, there’s still that old farmhouse in the country you’ve been eyeing to have for your retirement. Whether your goals are for long-term or short-term, we all know that getting the money we need is the vehicle by which we can reach these dreams.

Doral Bank understands this need, and that’s why they’ve set a very high APR of up to 1.15% for a 1-year CD. And since other banks or lending groups are trailing far behind at 1.080% or 0.990% rates, Doral Bank’s offer is quite a lucrative deal to sign up for indeed.

Here are the rates as follows:

6 month certificate – 0.75%
9 month certificate – 0.75%
12 month certificate – 1.15%
18 month certificate – 1.15%
24 month certificate – 1.15%
36 month certificate – 1.50%
48 month certificate – 1.50%
60 month certificate – 1.50%

With these rates, you can customize you CD plan and choose a time period suitable for you and your needs.

How to Open An Account

It is fairly easy to start a CD account with Doral Bank. At a minimum, you must first have at least $1,000 deposit. You must also make sure that you have a daily balance of the same amount as well. This makes you eligible to avail the above APYs.

All interests undergo daily compounding, ensuring best and higher returns for you money. When it reaches full maturity, automatic renewal is in place. If however, you wish to change a term or not opt for renewal, you will be given ten days to settle the account.

If you should decide to close the account earlier than you should, or before the money reaches maturity, you will not be penalized save for a $10 fee.

About Doral Bank

Doral Bank has three main centers – one in Florida, one in New York, and another in Puerto Rico. They bank mainly on through their online services, making people’s money more accessible than it ever could. And since Doral Bank is a member of the Federal Insurance Deposit Corporation, or FDIC, you are insured of at least $250,000. Their emphasis on security has placed them among the ranks of well-trusted banking services in the country.

Flying High with Delta SkyMiles Card

Credit cards have a lot to offer. From rewards to bonus points, from cashback to special privileges, each bank has its own way of making their services desirable to consumers. For the traveling businessman or adventure buff however, a credit card with premium flight rewards is the ultimate cherry on top of their ice cream.

One of the best credit cards that offer great travelling bonuses is the Delta Skymiles program. Powered by American Express, one of the leaders in banking service here in the country, it helps you earn more miles with every dollar you spend.

What You Get

When you open Sky miles credit card account, you automatically get a three-month grace period to accumulate at least 30,000 bonus miles. You can earn this by spending $500 worth of purchases within these first three months. And just in case you don’t know how great this promotion is, here’s a tip. With the 30,000 bonus, you get more than enough points to purchase a round-trip ticket in the economy class. Now that’s real savings.

Another great benefit of this credit card is that they offer at least one free baggage checking for each of your companions, given you’re in a group of less than 9 people. That’s another $50 worth of savings – all with one card.

With the Delta Skymiles program, you can expect assistance with all your travel bookings, as you will be provided with a travel specialist if you wish to. No matter where you go, you can leave transportation worries behind because American Express also includes a Car Rental Loss and Damage Insurance – when you use your card, of course. This way, you can enjoy your vacation, take in new sights, or rush off to meeting after meeting with ease of mind over your protection and safety.

And because the more you spend, the more miles you earn, it’s like giving yourself a reward just for shopping! And just in case you unknowingly end up with a thousand pairs of shoes billed to your credit card, American Express does and will not hold you responsible for financial charges in cases of fraud.

For the first year upon opening your credit card account, you can enjoy zero annual fees. After this period, you are only expected to pay $95 on the second year, and every year thereafter. The APR for each purchase you make may vary, although at this day, it is fixed at ranges between 19.24%, 17.24%, and 15.24%.

Travel isn’t the only thing that’s big on the Delta Skymiles as well. You also get super savings from the American Express ticketing center. Now you can watch all your favorite Broadway shows –even if you have to travel 10,000 miles for it.

So for all these perks and more, open a credit card account under the Delta Skymiles program of American Express now.

Free Kindle, GPS, or iPod Touch from First Bank Checking Account

The holidays are over, yet First Bank is still feeling very generous. It seems that they still don’t want to shake off the Christmas spirit of giving, or they want to start your year right with a little reward. And what better way to do that than to give freebies, right?

The Promotion

If you open a checking account with First Bank now, you may get the chance to win one of these three amazing gadgets: an Amazon Kindle, a Garmin GPS, or an iPod Touch. Now we know anyone would jump at the chance of getting a free gift. For those who are interested, here’s what you should do:

First of all, you should open a new checking account with First Bank. One can do so by registering an application online, as the bank requires an enrollment for online banking in order for the subscriber to qualify for the free gift. One must also make sure to comply all other requirements stated in their terms of service. This includes at least a single direct deposit with a sum amounting to or more than $300. Multiple deposits that add up to the given amount do not count.

The next requirement is for one to use the checking account to pay bills to three separate companies. The payments must be in accordance with the Billpay Service of First bank.

All these things must be complied within a period of 60 days form the time the account is opened. The account also needs to be unblemished with poor or bad credit history. Upon final perusal after the 60-day period, you can stand a chance to get one gift. This offer is for a limited time only, so might as well open that new checking account today.

Aside from these perks, the First bank checking account also has several desirable features. You are not required to maintain any minimum balance, and transactions prove to be a breeze due to their zero service charges. And because you will be required to sign up for online banking, you get less of the hassle, quickly update your information, or view transactions effortlessly. Since everything will be online, you can access your account whenever, wherever. You can also get free alerts with any new promotions First bank has yet to offer.

Convenience and freebies? Now this is one hangover we wouldn’t mind dealing with.

Conventional Home Loans Outshined by FHA Loans

The mortgage industry has been getting a few setbacks for the past few weeks. Mortgage rates has been getting higher and higher, with many rate discrepancies between lenders. This makes it hard for people to start planning their future, especially for those with a history of bad credit.

How FHA Loans differ

The Federal Housing Administration (FHA), offers one of the best mortgage rates and financial loans in the market today. This organization has aimed to cater to all the needs of potential buyers, by giving more lenient rules, as opposed to more traditional lending groups. The FHA will allow loans to be handed out to those with poor credit history, or those who have none at all.

Traditional financing looks into a person’s credit scoring, which looks into your credit background. Once you are deemed to be below their required credit score, you are automatically disqualified. But with FHA loans, none of this matters. They will only require you to write a reasonable explanation for the circumstances that led to your poor credit history. For cases of past bankruptcy, special cases are considered after their perusal.

Comparing Rates

Today, the lowest APR you can get for a 30-year fixed mortgage is around 3.250%. Many lending groups, such as Amerisave and Quicken Loans have and APR of 3.891% and 4.174% respectively. These are still relatively high interest rates.

The FHA only offers 3.75% APR. And because this is the interest rate for a fixed-price mortgage loan, you can be assured of some stability, no matter how unstable the real estate market becomes. For those who are seeking more liquidity, the AMR offers even lower interest rates. With this, you are only expected to give interest pays. This can significantly lower your monthly bills.

Once you get approved for a loan, you are expected to pay about 10% initial deposit of the sum amount. You must also ensure that the monthly cost of your housing will not go beyond 41% of your monthly income. This is a really great offer from the FHA since many other banks provide to be stricter with regards to these rules.

About FHA

Established in 1934, the FHA has been aiming to provide affordable housing loans to those who are underqualified from many conventional lending groups. Now, many people are realizing their dreams of purchasing their own houses. The FHA is the perfect solution in cases when a particular home buyer is unable to continue with the loan. In such cases, the FHA frees the lender from paying the insurance fund. So if you’re just starting out and thinking about buying your first house, you’ll never have to think twice again. Choose IHL Direct FHA Loans.

The Perfect Credit Card for Less Than Perfect Credit from Capital One

Building a good credit record isn’t always easy. But as it has been said, nobody can go back and start a new beginning, but anyone can make a different ending. And ending up with a good credit record in spite of a previously bad one is the reason why Capital One banks offers its exclusive Secured Mastercard Credit Card.

How It Works

To be eligible, you need to have a poor credit quality and history. Once your application is approved, you are required to make a security deposit, which is refundable. You have the option of paying everything at once or adding the amount as you go along. As long as you are able to pay off the full amount within 80 days, you’re good to go.

Once you have deposited the minimum amount, you are then given $200 minimum worth of credit line. You can use this to make your purchases, or in times when you really need some cash. By adding more money to your initial deposit, you can increase your card’s credit line.

There are three credit bureaus in which your card status will be reported to automatically. These bureaus can determine if you may qualify for a future credit line increase, based on your credit history and credit payment.

This security deposit is important because it acts as your collateral. If you should ever decide to close your account after having paid the your security deposit in full, you can still get the full refund on this amount.

Because Capital One reports to the credit bureaus all payment history of your card, you can have the chance to build up a new and good credit history once again. By making sure to pay on time monthly, you can get a fresh start with Capital One’s Secured Mastercard.

What About Rates?

For purchases and account transfers, you can enjoy a 22.9% APR. As for those Cash advances, they get to have 24.9% APR as well. Annual fees are fixed at $29, while there are no transaction fees for transfers. You will be issued penalty fees for returned or late payment, at $35 and $19 respectively. There are no penalty fees for over-the-credit-limit as well.

Known as one of America’s most widely recognized banks, Capital One offers one of the best banking services and secure accounts there is. Because it has been proven to be a trusted and reliable name in banking, your credit future can still have hope to recover.

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