Banking Deals of the Week: Feb. 10

Despite a burst of lousy economic news in the past week (more lost jobs, more Americans behind on their mortgage payments and more debt incurred by the federal government in the form of a proposed new $80 billion stimulus bill), there are surprisingly good deals out there in the bank deposit market.

So while the clouds part, let’s make hay as the sun shines and look at the best banking deals of the week.

Bank Checking Accounts

Chase’s (Stock Quote: JPM) $100 business banking account offer is getting to be like a popular Broadway revival that, back by popular demand, returns again and again. Think Cats with a checkbook.

Chase announced the re-opening of the $100 free coupon if you open a Chase Business Classic checking account (you also get the deal if you open a Chase Advanced Business Checking, Chase Commercial Checking or Chase BusinessPlus Extra checking account).

You’ll need to deposit at least $500 to open the account and the offer expires on March 15.

First, visit the Chase Web site.

  • Print out the coupon;
  • Bring it to a local Chase branch;
  • Open a new checking account.

Within 30 days, if you still maintain the $500 minimum, you’ll get $100 deposited into your checking account. As we said, this deal comes and goes, and Chase even has boilerplate language in the deal’s fine print that it reserves the right to “withdraw this offer at any time.”

So act fast before Chase pulls the plug again.

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