Are you a Priority Club member? If so, Priority Club and EverBank are running a promotion where you can get up to 10,000 points by opening accounts at EverBank. EverBank is probably one of the best banks out there because they have four stars from BankRate’s Safe & Sound ratings system, are FDIC insured, and offer a very good interest rate. The current interest rate offering is 3.51% 3-month Bonus Rate followed by a 2.73% 1st year APY up to balances of $50k – among the best of online banks. A great rate plus a 10,000 point bonus offer equals a solid promotion.
You can earn the maximum 10,000 points by opening all three accounts, here’s how it breaks down:
- Yield PledgeSM Money Market Account – 5,000 points
- FreeNet® Checking Account – 2,500 points
- Yield Pledge Certificate of Deposit – 2,500 points
Read the terms and conditions carefully because you need to meet some conditions before you get the points. With the Money Market Account, you need to open with a minimum of $1500 and then maintain an average monthly balance above $5,000 for at least one statement period during the first three statement periods after the account opening. The conditions are very straight forward and very easy to accomplish, just be sure to check them out.
Curious what 10,000 points can get you? It varies from locale but you can look it up on the Priority Club Redeem points page.
Thanks Matt, for clueing me onto this promotion in the first place!