I am a College student, and new to banking and handling money in general. There is a promotion for a checking account with Fifth and Third bank, giving a $200 bonus if I set up a direct deposit by a certain due date.
I already have a student checking account with no minimum requirement, and no monthly fee, with Suntrust. And I also recently started working a part time job and successfully set up a direct deposit to that account.
I know there is a lot more info I need to know to make my decision. For example they may not waive the monthly fee, or maybe the direct deposit doesn't become active on time for the bonus (these would be deal breakers and a waste of time). I will call the bank on monday to learn more about it.
For now my main question is, is it worth it? Assuming it all can be done and it works well, is there anything else I need to have in mind about these types of deals? Downsides to opening several checking accounts?
Please also tell me what to ask when I call so that I don't miss important info.
Submitted August 26, 2017 at 10:58PM by LewisLegna http://ift.tt/2izOYUI
