August 18, 2005

Earn 13%

Want to earn 13% on $1500 over the next year? Open a Citibank checking account with $1500 and make two electronic bill payments a month with it, and they'll give you $50 every three months, up to $200. Best of all, those bill payments can actually use up that $1500 -- as long as you make two bill payments a month, there's no minimum balance to avoid account fees. Use that $1500 to pay bills you'd have to pay anyway, and you're all set. $200 of $1500 is over 13% return, which is far better than you'll do in any savings account.

Posted by kindall at August 18, 2005 08:50 AM