Capital One has released a new checking account offer of $300, and you must hurry as the offer ends 12/31/2009. Their $150 offer was rather popular, but apparently it was not popular enough so they doubled it. This is a rewards checking account, and you will also receive 5,000 bonus miles!

The account carries no monthly maintenance fee and no minimum monthly balance requirements.

To qualify, you must open your account by 12/31/2009 and make two direct deposits of at least $250. You must use the promo code RCT and open the account at your local Capital One branch. There is a $50 minimum opening deposit required.

Additional Features:

• Earn 10 miles for non-pin transactions
• Earn 5 miles for debit purchases
• 5 miles for checks or cash withdrawls
• 10 bonus miles for paying a bill online
• 1,000 miles for opening your account
• 4,000 miles for signing up for direct deposit
• 1,000 miles on your first account anniversary
• Get cash back starting at 10,000 miles
• Redeem points for airline tickets with as little as 15,000 miles
• Merchandise starting at 10,000 miles

I’m actually going to open one of these accounts Monday as I already have a Capital One credit card that I need to pay off, so I can simply make (2) direct deposits and pay off my card!

Promo Code: RCT

Expires: 12/31/2009

Link: Must be opened at a banking center

The British Airways Visa from Chase is currently offering a total of 100,000 bonus miles to new applicants. This is a good card for those who travel by BA frequently, it should be noted that the card carries a $75 annual fee. The card does boast some very impressive benefits for frequent flyers, including:

• 2.5 British Airline Miles for each dollar spent, 1.25 miles for every other dollar spent
• Every year that you spend over $30,000 you receive a redemption voucher for a companion airline ticket that is valid for 2 years
• $50 off every round trip transatlantic flight

The bonus 100,000 airline miles are issued as follows:

• By making your first purchase you will receive 50,000 miles
• After spending $2,000 in the first 3 months, you earn an additional 50,000 bonus miles for a total of 100,000 bonus miles – enough or two transatlantic rewards flights.

For complete terms and conditions please visit the offer page below.

Expires: Unknown

Link: Chase Offer Page

Updated: 11/16/2009 – offer code has changed, and expiration changed to 1/30/2009

Bank of America has another $100 checking account incentive available. This bonus also requires a minimum $500 opening deposit. To receive the bonus, you must be a new Bank of America customer, keep the account open for at least 30 days, and make 1 transaction with your debit card.

You MUST use the offer code AOU261109.

The offer page says that if you open the account online, it’s 100% free and there is no listing of requirements to keep it free. From personal experience, the account is free as long as you have a monthly direct deposit. I will try and confirm with them regarding this offer.

Link: Offer Page

Expires: 1/31/2010

Chase Bank is offering $100 to new business checking customers who open a free business checking account with an initial deposit over $500.

You can ensure there is no monthly service fee by:

• Making over 5 debit card purchases a month
• Linking the account to a Chase Business Credit Card that is in good standing
• Linking the checking account to a Chase Premier Checking or Chase Premier Platinum Checking account
• Maintain a monthly average balance of $4,000-$7,000 depending upon region

Unfortunately you can not just have a monthly direct deposit, but most should not have a problem utilizing their debit card at least 5 times a month

Personally, I’m going to take advantage of this offer today. I currently have business checking at BOA but have been looking for an excuse to switch. I recently talked to my local Chase branch about switching and they were very helpful and personable.

Link: Offer Page

Expires:10/17/2009

The Discover More Card (from… Discover) has a 0% intro APR for 6 months, and $50 cash back promotion (after you spend $600 in the first 3 months). The card has no annual fee and you can earn up to 5% cash back on category purchases.

The APR after the 6 month promotional APR will be between 11.9% to 18.99% variable.

Link: Offer Page

Expires: Unknown