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IBD note: You can exchange 20K TY points for $200 in gift cards (see here)
You net bonus after subtracting $75 annual fee will be $125. It was reported elsewhere on the Internet that one may avoid the annual fee by switching to a regular non-Elite PremierPass credit card within 45 days. I do not know how valid such reports are.

Terms:

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Terms:

To get the $50 bonus, open an account with a $25 minimum deposit and keep the account active for three straight months. We’ll deposit $50 into your account within 15 business days of the end of the third month.

Offer expires 12/31/2009. A month is defined as 30 days. This offer is valid for first-time PerkStreet Financial checking account customers only. You may be permitted to have more than one PerkStreet Financial account; however you are only eligible to earn one bonus.

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Terms:

Offer is valid for one new Individual or Joint optionsXpress account opened and funded with at least $500 by US residents on or before December 31, 2011 at 11:59 CST, and having executed 3 trades within twelve months of account opening. To receive $100 bonus, account must be funded with at least $500 cash or securities transferred from a brokerage firm other than optionsXpress. The $100 bonus will be deposited into the new optionsXpress account within one month after meeting the terms and conditions of this offer. optionsXpress may charge the account for the cost of the $100 bonus should account fail to remain open with minimum funding (excluding trading losses) 6 months from the account open date. IRAs, other tax-exempt, linked, or shared accounts are not eligible to receive the $100 bonus offer. Offer is not transferable, is not valid for internal transfers, current optionsXpress accounts or with any other optionsXpress offers. All taxes related to this $100 bonus offer are the responsibility of the account owner. Limit one offer per person meeting the terms of this offer and opening a new optionsXpress account online at http://www.optionsxpress.com/new_account.a…9&promo=207. We reserve the right at our sole discretion to terminate, modify or suspend this offer at any time without notice. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business