My main credit card is through them, so I get offers periodically.
This one is deposit $50k and they give you $500. The interest rate is 1.4% as well, whereas my local bank is .15% on regular savings. I've seen offers like this before, but they required switching your direct deposit, which is a hassle. This one is just a deposit. The account is FDIC insured.
We keep about that much in cash, so I'm trying to see the downside on this one. If I don't like it, I can always pull the cash out in a few months and keep the $500.
Anyone take one of these offers and want to let me in on how it went?