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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $50 bonus - First Bank : CollegeInvest Smart Choice College Savings Plan; Exp. - unknown
The bonus has expired!
LINK
Terms:
$50
bonus
offer
valid
for
CollegeInvest
529
Savings
Plan
Accounts
opened.
Limit
one
gift
per
beneficiary.
The
$50
award
is
considered
interest
and
is
subject
to
IRS
and
other
tax
reporting.
Limited
time
offer.
Please
consult
your
tax
advisor
regarding
tax
benefits.
The
interest
rates
are
effective
01/12/2011
through
01/18/2011.
Minimum
opening
deposit
of
$50
and
automatic
transfers
into
the
CollegeInvest
529
Savings
Plan
Account
are
required
to
receive
the
gift.
The
award
will
be
given
at
account
opening.
The
interest
rate
and
APY
may
change
every
Wednesday
and
on
the
first
business
day
of
each
month.
Fees
can
reduce
earnings
on
the
account.
A
maximum
of
six
telephone
or
Internet
transfers
and
certain
other
types
of
withdrawals
are
allowed
per
month.
These
rates
apply
only
to
Colorado
accounts.
Withdrawals
made
before
maturity
are
subject
to
an
early
withdrawal
penalty.
If
you
do
not
instruct
us
otherwise,
the
account
will
automatically
renew
at
maturity.
If
you
or
your
designated
beneficiary
is
a
resident
of
a
state
other
than
Colorado,
you
may
still
be
eligible
to
receive
tax
benefits.
You
will
have
a
10-day
grace
period
after
the
account
matures
to
withdraw
from
or
close
the
account
without
penalty.
A
reminder
notice
is
sent
ten
days
prior
to
maturity.
However,
you
should
check
with
your
home
state
to
see
if
it
offers
a
529
program.
That
program
may
offer
state
tax
or
other
benefits
to
residents
of
that
state
that
may
not
be
available
to
investors
in
programs
in
other
states.
.
|
End of quote.
Source: iBankDesign.com
This bonus has expired!
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Definitions:
1 'Local' bonuses are bonuses for deposit accounts that are not available nationwide, such as credit uninon's accounts, accounts for in-state residents or local residents.
Please keep in mind that some local bonuses may not be available to you if you live in an eligible state but not in an eligile city or county.
2 'Professional' bonuses are restricted to certain professional groups, such as military, union members and students
3 'Aged' bonuses are bonuses that were reported by our visitors or posted on bank websites long time ago. These bonuses need to be verified by contacting a bank representative.
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