Page 1
Page 1
Started By
Message

Capital One Checking/Savings setup bonus?

Posted on 7/19/14 at 9:36 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80774 posts
Posted on 7/19/14 at 9:36 am
My wife and I are going to be setting up our bank accounts, and was wondering if there are any promotions going on right now. I haven't seen any in the mail or online.

I got something from Chase that is a $200 bonus for setting up checking and $200 for opening a savings with $15,000 for new customers. We have been with Capital one since our parents opened accounts for us over 10 years ago. Are banks able to "match" promotions like the one Chase is offering? I have no problem switching to Chase for $400, but all my stuff is currently with Cap One and I'd rather keep it there.
Posted by Lsut81
Member since Jun 2005
80151 posts
Posted on 7/19/14 at 9:44 am to
quote:

I got something from Chase that is a $200 bonus for setting up checking and $200 for opening a savings with $15,000 for new customers.


I've got 2 $500 vouchers for Chase.... I've heard people are selling them

I may use one and sell one

I don't know of anything with Cap One and I doubt they'd match an offer...
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 7/19/14 at 9:49 am to
I will say this...

Chase is a real bank.

Capital One is a credit card company that is trying to be a bank
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80774 posts
Posted on 7/19/14 at 9:57 am to
So what needs to happen to transfer money from Cap One to a new Chase account? Do I need to do anything other than walking into the Chase branch and having them do everything?
Posted by Lsut81
Member since Jun 2005
80151 posts
Posted on 7/19/14 at 10:00 am to
quote:

Chase is a real bank.

Capital One is a credit card company that is trying to be a bank


I've currently got a Whitney and Cap One account... Considering closing the Whitney to open a Chase and get the $500 incentive.
Posted by GFaceKillah
Welcome to the Third World
Member since Nov 2005
5935 posts
Posted on 7/19/14 at 10:58 am to
quote:

I will say this... Chase is a real bank. Capital One is a credit card company that is trying to be a bank


This is an ignorant statement. Are you saying that one of the ten largest banks in the U.S. by assets and deposits isn't a real bank?

Regarding the OP, I doubt that capital one would match any offer by chase.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 7/19/14 at 8:13 pm to
quote:

got a Whitney and Cap One account... Considering closing the Whitney to open a Chase and get the $500 incentive

In actually thinking about doing this myself. What's this incentive...? They really just handing out 500$? Im assuming there's a catch
Posted by Lsut81
Member since Jun 2005
80151 posts
Posted on 7/19/14 at 8:45 pm to
quote:

They really just handing out 500$? Im assuming there's a catch


You have to be invited and have the code they provide... For some reason, they have sent me two of them with two different codes. Apparently people are selling them

Have to open with 15k balance and initiate direct deposit within 90 days. I think there is a $15/mo service fee and you have to keep the account for 6 months to retain the $500. But then you can just downgrade to a normal acct.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 7/20/14 at 6:25 pm to
2013 list

quote:

Are you saying that one of the ten largest banks in the U.S. by assets and deposits isn't a real bank? 


You really think those are comparable institutions on assets? Didnt think so.....
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 7/20/14 at 7:28 pm to
I really dislike capital one.....


.....the customer service is parallel to comcast.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/20/14 at 8:25 pm to
That doesn't make your assertion any less ridiculous.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 7/20/14 at 9:11 pm to
Posted by GFaceKillah
Welcome to the Third World
Member since Nov 2005
5935 posts
Posted on 7/20/14 at 9:53 pm to
So smaller regional banks aren't actually banks either?

You said capital one isn't a real bank. What makes a real bank?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/20/14 at 10:51 pm to
I don't know, but by his definition, BONY is more of a real bank than capital one. Have fun opening that personal checking account.
Posted by GeauxColonels
Tottenham Fan | LSU Fan
Member since Oct 2009
25604 posts
Posted on 7/21/14 at 11:22 am to
quote:

I will say this...

Chase is a real bank.

Capital One is a credit card company that is trying to be a bank

first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram