Washington Federal certainly knows how to up its promo offerings. Instead of the usual cash rewards, they are giving away free Kindle units to new checking accounts whose criteria meet the eligibility requirements. Here’s how you can get one for yourself:

How to Qualify

1. Go to the nearest Washington Federal Bank in your area and open a new checking account. This application must be done within March 1,2012 up to May 31, 2012.

2. A direct deposit must be established after account opening. This direct deposit must come from a Social Security Payment, payroll, pension, or other government benefits.

3. At least two automatic transfers must be made to the account from linked third parties.

4. The checking account holder must be at least 18 years old and a legal resident of the United States of America.

After meeting all these requirements, give at least 2-4 weeks for the verification process. Once your account is verified, the Kindle will be shipped to your account billing address within 24 hours. When package arrives, you can then enjoy and browse through books from your brand-new Kindle!

About the Checking Accounts

There are three different types of checking account being offered by Washington Federal.

The Simple checking account requires $250 for opening. While it lets you enjoy free online and telephone banking as well as debit card purchases, you will be paying bills for $4.95 a month.

For the Performance checking account, the minimum balance required is $500. As with the Simple checking account, online and telephone services are for free. Bill pays are also at the same price, but free for those accounts that maintain $5,000 in other related accounts from Washington Federal Bank. When you get to maintain a $1,000 minimum balance and a $5,000 deposit, you get to waive $8 in monthly fees.

The Stellar Checking account comes first class among Washington Federal Bank’s offerings, and this is because of the equally stellar benefits. These extra perks include free “house” checks, bank and traveler checks, domestic wires, notary, IRA trustee fee’s annual waiver, and a $500 discount on the closing cost on your next mortgage from Washington Federal. These are on top of the usual benefits one can get just by opening the regular checking accounts.

A minimum deposit of $10,000 is required for the Stellar account. A complete list of all terms and notices will be made available once you request it from their office.

Simple, Performance, or Stellar – whatever it is you choose, you’re sure to enjoy this amazing checking promotion.

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