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Guaranty Bank’s Guaranteed bonus!!!

By , August 8, 2007

Interesting bonus from Guaranty Bank : $25 bonus for personal checking account.

Here is the deal :

http://www.guarantybanking.com/payback.aspx

Terms from the bank website as of 8/8/07:

Savings PayBack program available to both new and existing customers. Personal accounts only. Minimum balance to open savings account is $25. Customer must make 11 consecutive monthly automatic transfers of at least $10 per month from a Guaranty Bank checking account to a Guaranty Bank Regular Savings account. In the 12th consecutive month, Guaranty Bank will match the average monthly transfer amount, up to $100. Bonus will be one per tax reporting TIN on the savings account. Bonus will be considered interest and will be reported on IRS form 1099-INT. Bonus will be deposited into the linked savings account. See branch for details.

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