Page with info about the $50 bonus
Everbank FreeNet checking account currently offers 2.51% APY for the first three months as of 7/9/09.
$50 promo info from the bank website as of 7/9/09:
Try the FreeNet Checking Account for three months. If you're not completely satisfied, we'll send you a check for $50 to show how much we appreciate you for giving us a try. To qualify for the $50 satisfaction guarantee, you must have used our Online Bill Pay feature at least three times and your account must have been closed within 30 days of your three-month anniversary.
Customer must notify EverBank of reason for dissatisfaction within 30 days of 3-month anniversary. Limit one per household. New EverBank customers only. Not valid with any other EverBank offer. Minimum of 3 online bill payments over the 3-month period required. Then, if for any reason whatsoever you are not completely convinced that our FreeNet Checking Account is the best bank account in the nation, tell us about your experience. If you close your account within 30 days of your 3-month anniversary, We'll send you a check for $50.00 after we hear from you, as our way of saying "Thank You!" for giving us a try.
Promo rate terms:
Rates and Annual Percentage Yields (APYs) shown are current as of 9/4/2009 12:00:00 AM. Minimum opening deposit of $1,500 is required. This is a tiered variable rate account and any of the tiers or rates may change at any time without notice. This bonus rate offer and New Account First-Year APYs are available to first-time EverBank account holders only and are limited to one account per household. The bonus rate will apply to the first $99,999.99 on deposit for the first three months after account opening (the "Bonus Period") and may change at any time prior to account opening. The APY for the 12 month period after the account is opened is the "New Account First-Year APY" or "First Year APY." New Account First-Year APY for Balances of $100,000 or more: During the Bonus Period balances of $100,000 or more will earn an interest rate of 2.51% for the first $99,999.99 and will earn the ongoing rate or Current Rate for balances of $100,000 or more. The Current Rate is 1.50% and is subject to change without notice at any time, including during the bonus period. Assuming the highest balance in the account is $10,000,000 the range of APYs available for this highest tier based on the bonus rate the ongoing rate and the average collected daily balance on your account for the 12 month period after the account is opened is 1.77%-1.51% APY. Without Bonus Rate: Without this bonus offer the current tiers and APYs as of 9/4/2009 12:00:00 AM are: $100,000 and higher 1.51%; $50K-$99,999.99 1.45%; $25K-$49,999.99 0.90%; $10K-$24,999.99 0.80%; and under $10K 0.76%. Higher balances are accepted.