Open a free checking acct @ Key Bank get a free Nano

[Dasenergi]

https://www.key.com/html/H-1.1...dex_mc07045ipodpb2_img

taken from the discalimer

Free Checking only applies to a Key Express Free Checking Account. You must open a Key Express Free Checking (this is the basic banking account in NY) or a Key Advantage Checking Account between July 21, 2007 and August 24, 2007, and make a combination of two direct deposits and/or automated payments each of $100 or more by October 26, 2007 and you will receive your iPod® by December 15, 2007. Automated payments excludes Key Bill Pay and debit card automated payments. Offer available to individuals without an existing checking account at KeyBank as of July 20, 2007. Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer. Limit one free iPod nano per qualifying account. Limit one free iPod nano per individual. Offer valid while supplies last. The value of the iPod nano will be reported on Form 1099-INT. If you close your account within 180 days of account opening, you will be charged a $25 account early closure fee. Accounts overdrawn or closed as of October 26, 2007 are not eligible for this offer.

this will be my 3rd time opening an account with them and the other 2 nanos I got within 2 months.

 

[Dasenergi]

oh forgot the 2 previous nanos I recieved were the 2gb versions

 

[Slick5150]

Any idea if Paypal transfers count as deposits? For some banks they do, others they don't.

 

[starwars7]

good question. what exactly counts as a direct deposit? If I transfer money from ING does that count?

 

[McFlyinCA]

Do you have to live in NY to do this?

 

[Dasenergi]

I live in Utah ...I have no idea if paypal works.. I just had my work direct deposit $100 to the account twice, then stopped it .. cashed it out .... the good thing i theres no minimum balance so I kept it at $0 then cancelled it after the 180 days were up.

 

[jlee]

Am I missing something, or could you deposit $200, make two $100 online credit card payments & then be all set?

 

[Dasenergi]

Originally posted by: CadetLee
Am I missing something, or could you deposit $200, make two $100 online credit card payments & then be all set?

as long as there are 2 deposits = the $200

 

[jlee]

Originally posted by: Dasenergi

Originally posted by: CadetLee
Am I missing something, or could you deposit $200, make two $100 online credit card payments & then be all set?

as long as there are 2 deposits = the $200

make a combination of two direct deposits and/or automated payments each of $100

I'm not sure what counts as an automated payment, though. Hmm.

Edit: They require employment information for the last two years..? WTH?

 

[rip]

hmmph...CA no go

 

[QSnexus]

^ what he said. No go so cal.

 

[dabuddha]

No go for Virginia either :/

 

[mcuster505]

I got a ad in the mail yesterday. Key Bank was offering a similar deal for students. I live in the Denver, CO area

 

[KarmaPolice]

Is it bad to open so many accounts? I already have 2 checking accounts. What would happen if you open an account and never use it, is there really any risk?

 

[vortix]

Anyone know if Key will do a hard pull on our credit report for opening this account? If so, just be aware that it will lower your credit score temporarily by 5 or so points for up to 6 months. In my opinion, that is worth the benefit of getting a free $150 iPod, although not everyone will agree.

 

[dealmaster00]

Damn, not eligible.

 

[ajf3]

No good in PA... drat!

 

[starwars7]

Originally posted by: dabuddha
No go for Virginia either :/

Bummer

 

[mike3411]

anyone know what exactly qualifies as "automated payments"?

 

[oinky]

According to Andy L. at mymoneyblog.com, automatic payments are made by a company, such as bill payment. The transfer has to be set up through the account number, not the debit card number. The way I read it, I doubt paypal transfers or credit card payments will count. I signed up, there's nothing to loose.