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Banks which let you charge your initial deposit to a credit card.....
Started by ichaelm, Apr 07 2007 12:08 AM
2 replies to this topic
#1
ichaelm
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Posted 07 April 2007 - 12:08 AM
The only one which I'm aware of is LaSalle Bank.The maximum opening deposit which you can charge is $1000 and you MUST charge the deposit at the time you apply for the account.
#2
curtis
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Posted 16 April 2007 - 04:40 PM
QUOTE(ichaelm @ Apr 7 2007, 12:08 AM) 
The only one which I'm aware of is LaSalle Bank.The maximum opening deposit which you can charge is $1000 and you MUST charge the deposit at the time you apply for the account.
Is this the gift card offer? I don't see mention of funding by use of a credit card being considered anything but a cash advance in their online literature.
#3
bobk2000
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Posted 20 May 2007 - 02:40 AM
QUOTE(ichaelm @ Apr 6 2007, 08:08 PM)
The only one which I'm aware of is LaSalle Bank.The maximum opening deposit which you can charge is $1000 and you MUST charge the deposit at the time you apply for the account.
Gloucester County Federal Savings Bank (NJ),
http://www.gcfbank.com/locations.asp
pays over 5%
http://www.gcfbank.com/rates.asp#cyber
for the first 90 days on their "cybersaver" account. I opened 2 accounts there in February, charged $5000 on a visa card for each, it was treated as a purchase.
Bank of America lets you charge an opening deposit for an account on a credit card as a purchase, but the limit is lower ($100? $999?); and its hard to avoid monthly fees at Bank of America
