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The following bonus info was reported in this iBankDesign.com post.


Quote:


Title: $100 bonus - Commerce Bank : transfers to myRewards Checking to myRewards Savings ; Exp. - unknown



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LINK

Terms:


* Open up to 5 different special purpose savings accounts and watch your savings grow toward each of your goals.
* Nickname each account in Online Banking according to your goal — car, house down payment, college, travel, holiday gifts — whatever!
* Make monthly savings deposits for 11 months in a row, and Commerce will reward you by making your 12th month’s deposit up to $50 per account free, up to a maximum of $100 per household for all eligible accounts.* The bonus reward is calculated as an average of your deposits made to each myRewards Savings account during the previous 11 consecutive months.
* There is no minimum balance or monthly service charge.
* To help you keep on track, withdrawals are limited to 4 per year.



To qualify for the annual matching deposit Reward, you must maintain a myRewards Checking account and make 11 consecutive monthly deposits and 4 or fewer withdrawals per year, per myRewards Savings account. Total matching Reward determined by adding the average monthly deposit during the previous 11 months for each myRewards Savings account, per household, per year, on up to 5 myRewards Savings accounts. Maximum matching Reward $50 per account, maximum total matching Reward $100 per year. Reward credited annually in the 12th month after the first deposit. Annual Percentage Yield is currently 0.15%. Incentive of $10 or greater reported as interest to the IRS.


End of quote.

Source: iBankDesign.com

 

 


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Definitions:
1 'Local' bonuses are bonuses for deposit accounts that are not available nationwide, such as credit uninon's accounts, accounts for in-state residents or local residents. Please keep in mind that some local bonuses may not be available to you if you live in an eligible state but not in an eligile city or county.
2 'Professional' bonuses are restricted to certain professional groups, such as military, union members and students
3 'Aged' bonuses are bonuses that were reported by our visitors or posted on bank websites long time ago. These bonuses need to be verified by contacting a bank representative.

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