Last month I created a Marcus Savings account through Goldmansachs and just saw this morning that Capital One's Money Market account is offering a $500.00 cash bonus for any savings accounts opened with $50K deposits and remain open for 90 days. I use USAA for my primary checking and savings account at the moment, and Capital One for my credit card. Is there a reason why I shouldn't take $50K from my USAA savings account and deposit it into the money market promotion Capital One is offering to make a quick $500? After the 90 days I would most likely close the account or transfer $49K back to my Marcus account since it has a higher APY. Has anyone ever done this or something similar before?
Submitted May 14, 2019 at 08:47AM by OnlyIfItsWicked http://bit.ly/2W6qbKm
