Daily Deals & Coupons at Scrapbook.com. Click Here!
Login • Sign Up • Customer Service • My Account • Shopping Bag  
Username Post: Beware of the free money offers to change banks...
WorkingMommy 
SJ Diva
Posts: 6925
WorkingMommy
Loc: Arizona
Reg: 04-15-07
01-14-13 10:22 PM - Post#4039822    

I had been considering changing banks for awhile because our bank's branches were all inconveniently located. I got an offer in the mail from Chase, for $200 free if I opened an account there. We changed, and did get the $200. And in the mail today, the 1099-INT

I'm sure it said in the fine print somewhere that it was considered a dividend. I just assumed it was a "gift." Not so much, LOL! I'm guessing that $200 'gift' will cost us $40 in income taxes...
NOTE: You are viewing an individual Post. View the Entire Topic


Scrapjazz.com on Twitter  Scrapjazz.com on Facebook   
   © 2014 Scrapjazz.com
Execution time: 0.148 seconds.   Total Queries: 11   Zlib Compression is on.
All times are (GMT -0600) Central. Current time is 07:57 AM
Top