Personal Checking

NewAlliance Bank, which serves Connecticut and Massachusetts, is offering up to $250 in checking account bonuses. Here's how it works:

1. Open NewAlliance Free Checking Account (minimum $50 opening deposit).
2. Next, open NewAlliance Free Savings Account (minimum $50 opening deposit).
3. Enroll in Direct Deposit with checking account (each deposit must be worth $250 or more).

With each Direct Deposit you receive between opening the account and December 15, 2009, you will receive a $25 bonus. Allow those bonuses to add up for a max of $250. You must open the accounts by November 15, 2009 to qualify for this special. The bonuses will be credited to your account on January 31, 2010.

This checking account deal is available to new and existing customers and is limit to one account per household.

>> Competitive Checking Account Specials

Other Terms and Conditions may apply to this offer - please contact the financial institution to review.

Reward checking accounts typically pays a rate of return or offers some type of perk to those who have money on deposit in that system. Usually for a reward checking account to be in good standing, a depositor must meet monthly minimum requirements including (but not limited to):

• Direct Deposit
• Online Bill Payment
• Regular debt card activity
• Opt in to receive electronic statements (no paper)

If minimum requirements are something that can be easily followable for you, you may want to apply for a reward checking account - after all it's nice to get something back in return. Some basic tips for locating a reward checking accounts are:

• Investigate your options and the fees associated with them as they may be higher then traditional checking account fees
• Check out the interest rate that the checking account can earn and make sure to double check the history to help mitigate the chance of a rate fluctuation
• Check the banks' websites to see if they are FDIC insured
• Call or visit a banking representative and ask them to take the time to clearly discuss all the features (both positive and negative) associated with the reward checking account you are interested in
• Check the bank rating of the financial institution you are considering depositing money with

If everything matches up to your needs, then chances are you've found a great reward checking account.

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