Digital Camera Checking Account Bonus at KeyBank
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KeyBank just came out with a new checking account promotion. They're offering a free digital camera (Canon Powershot A460) for opening a new personal checking account and either: 1) Set up Direct Deposit and/or automated payments and complete two transactions of $150 or more by June 1, 2007, OR 2) use your new checking account to make 20 transactions (including ATM withdrawals, online banking, writing checks) and be approved for a new Key credit card by June 1, 2007. The checking account must be opened by March 30, 2007.
Setting up two automated payments of $150 seems like a painless way of qualifying. KeyBank's iPod nano offer last summer didn't give this option.
Some important details from the small print include: You will receive your camera by July 31, 2007. Offer available only to individuals without an existing checking account at KeyBank as of February 16, 2007. The value of the camera will be reported on Form 1099-INT.
The Canon Powershot A460 has 5 megapixels, 4X optical zoom and a 2-inch LCD screen. The current lowest price on Froogle is $128.55.
Some features of the Key Free Checking include:
Some fees to be aware of include:
According to the customer service rep, they don't do a hard credit inquiry. They only use ChexSystem in the application approval process.
This KeyBank offer is not available in all states. I believe it's only available where KeyBank has branches which includes Alaska, Colorado, Idaho, Indiana, Kentucky, Maine, Michigan, New York, Ohio, Oregon, Utah, Vermont and Washington State.
KeyBank has been FDIC insured since 1956.
Setting up two automated payments of $150 seems like a painless way of qualifying. KeyBank's iPod nano offer last summer didn't give this option.
Some important details from the small print include: You will receive your camera by July 31, 2007. Offer available only to individuals without an existing checking account at KeyBank as of February 16, 2007. The value of the camera will be reported on Form 1099-INT.
The Canon Powershot A460 has 5 megapixels, 4X optical zoom and a 2-inch LCD screen. The current lowest price on Froogle is $128.55.
Some features of the Key Free Checking include:
- $50 minimum opening deposit
- No monthly fees
- No minimum balance requirements
- ACH transfer capability
Some fees to be aware of include:
- $2 fee for using non-KeyBank ATMs
- $25 early closing fee if closed before 180 days
According to the customer service rep, they don't do a hard credit inquiry. They only use ChexSystem in the application approval process.
This KeyBank offer is not available in all states. I believe it's only available where KeyBank has branches which includes Alaska, Colorado, Idaho, Indiana, Kentucky, Maine, Michigan, New York, Ohio, Oregon, Utah, Vermont and Washington State.
KeyBank has been FDIC insured since 1956.
Labels: banks, bonuses, checking accounts, KeyBank
posted by Banking Guy at
2/20/2007 12:11:00 PM
5 Comments: Post a Comment
comment policy end of commentsThe Powershot A460 is just a mediocre digital camera per CNet:
http://reviews.cnet.com/Canon_PowerShot_A460/4505-6501_7-32314544.html?tag=pdtl-list
Why go through the trouble?
By
Anonymous, at 6:25 PM, February 20, 2007
I wonder if I could exchange the free digital camera ($149) for an iPod ($149) at CompUSA. :)
By
DJosephDesign, at 2:39 PM, February 21, 2007
I am wondering what is an automated payment? Does Ach counts?
By
Anonymous, at 6:44 PM, March 14, 2007
I'm not familar with KeyBank's online account system but banks like ING Direct allow you to set up an automated ACH transfer that can done on a regular basis.
By
Banking Guy, at 5:21 AM, March 15, 2007
Hello fellow bloggers, here is an excerpt from an article I found to be quite interesting:
In January 2007 Olympus released a new model, the SP-55OUZ, which seems to be the prodigy of this line, being a lot more performing than the previous model, the SP-51OUZ. The main characteristics of this camera are the image stabilization, 7MP resolution, and the 18x optical zoom range. The Zoom market became quite competitive and the model in discussion competes with other high quality models, such as Sony H5 or Panasonic FZ8.
This new Olympus camera is supported with Olympus Master software and AA batteries, has internal memory and xD picture card slot, over 20 scene modes, 25 language options, RAW and exposure modes, super macro mode, and 7.1 Megapixels. The SP-55OUZ model is not a small camera so some may not prefer it because of this, but taking into consideration its qualities, the size is not at all an inconvenient. It is similar in many ways to the Canon EOS 1Ds digital camera
Another great digital camera is the new FinePix S4700 from Fujifilm. This model is the optimized version of the FinePix S4600 model, which was voted last year as the European Zoom camera of 2006 by the most important European association of electronics consumers. The new model is compact and lightweight, has 10x optical zoom lens, Fujifilm Intelligent Flash system, having several scene selections. Its menu system is highly improved and it is ideal to carry with you anywhere, since it can be easily operated with one hand.
The most significant changes FinePix S4700 has over its predecessor are the ergonomic design, reduced proportions, improved ISO sensitivity up to 1600, new flash modes and a 7.1 Megapixel CCD sensor.
Sony Cyber-shot DSC-g1 is another great digital camera recently released on the electronics market. The G1 model, in particular, is Sony's first wireless digital camera, which has 2.0GB of internal memory, 6 megapixel and a 3.5 inch LCD with a 921,000 pixels resolution screen – similar stats to the Canon PowerShot S50. This model has the ability of sending photos wireless to other digital enabled devices such as laptops, palms, PCs or cameras. Reviewers say that Sony G1 model is the perfect take away digital camera, since its internal memory is pretty generous.
Hope you found this to be a good read,
Michael
By
W2E, at 6:43 AM, April 11, 2007
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