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Checks to use when playing the checking account sign up offer game

206 113 September 30, 2019 at 06:25 PM
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It's fairly easy for me to change my direct deposit preferences so I have been playing the checking account sign up bonus and earning anywhere from $200 to $750 each bank just by having my money go into a new account until I transfer it out. As soon as the bonus is fully earned and criteria for the promotion satisfied I close that account.

I've been using online transfers to move the money from the new accounts into my primary bank accounts but every now and then I run up against either the time it takes to complete the transfer or the maximum transfer transaction limit.

Does anyone else who plays this game have a suggestion for the best place to get an extremely limited amount of checks for these accounts. Realistically I would be using a maximum of 10 so I am really not interested in BOGO deals or 4 boxes for etc. I would not even use 1 book let alone 1 box.

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Quote from rslaback
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It's fairly easy for me to change my direct deposit preferences so I have been playing the checking account sign up bonus and earning anywhere from $200 to $750 each bank just by having my money go into a new account until I transfer it out. As soon as the bonus is fully earned and criteria for the promotion satisfied I close that account.

I've been using online transfers to move the money from the new accounts into my primary bank accounts but every now and then I run up against either the time it takes to complete the transfer or the maximum transfer transaction limit.

Does anyone else who plays this game have a suggestion for the best place to get an extremely limited amount of checks for these accounts. Realistically I would be using a maximum of 10 so I am really not interested in BOGO deals or 4 boxes for etc. I would not even use 1 book let alone 1 box.
Most banks will give you a starter set of checks (anywhere from 3 to 10) when you open an account. If you have an existing account in a B&M bank, you can usually go to the teller and ask for a a few temp checks for your account by claiming you ran out.

As for printed checks, best you are likely to find is a small box of 150 single checks from someone like Walmart checks for like 7.50 dollars plus usually about $6-7 in shipping. You might find something cheaper if you play the coupon game online with one of the other check printers, but not by much imo. No one is going to print up 10 checks and mail them to you with tracking as there is no money in that.
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#3
Wouldn't it be easier to write checks from your primary?
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Quote from uniquename
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Wouldn't it be easier to write checks from your primary?
Using checks to move the money between accounts is the fastest way I have found to do it, particularly when moving amounts over a couple thousand. If I use my primary checks that would move the money to the new accounts. If I were to do that I would need to routinely change all of my automatic withdrawals as well as add new banks into each of my credit card payment options. Moving it from the new to the primary seems easier. Especially since at times I have multiple secondaries set up as many of them require the account to be open for X months before receiving the bonus.
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Quote from rslaback
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Using checks to move the money between accounts is the fastest way I have found to do it, particularly when moving amounts over a couple thousand. If I use my primary checks that would move the money to the new accounts. If I were to do that I would need to routinely change all of my automatic withdrawals as well as add new banks into each of my credit card payment options. Moving it from the new to the primary seems easier. Especially since at times I have multiple secondaries set up as many of them require the account to be open for X months before receiving the bonus.
I missed that nuance. Apologies. I was thinking of just "writing checks", not moving between accounts.
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Quote from rslaback
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Using checks to move the money between accounts is the fastest way I have found to do it, particularly when moving amounts over a couple thousand. If I use my primary checks that would move the money to the new accounts. If I were to do that I would need to routinely change all of my automatic withdrawals as well as add new banks into each of my credit card payment options. Moving it from the new to the primary seems easier. Especially since at times I have multiple secondaries set up as many of them require the account to be open for X months before receiving the bonus.

Not seeing why this is a problem if you have sufficient money to cover your bills in your primary anyway? If you do not and need to play a shell game, you are probably over-doing it imo and even with checks you would run the risk of the check getting lost or taking longer than expected to clear depending on the amount and the bank.

And with Bill Pay, you pull money out of your account and setting that up in a secondary bank account takes all of 2 minutes. Personally, I usually do not like to allow companies like CC companies to pull money from my bank account on a debit. I prefer to push it out via Bill Pay which I have total control of, but that is me. Auto debit is like using a debit card instead of a credit card, it is just a bad idea as it gives a thrird party direct access to your bank account imo, but to each his own.
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Quote from YanksIn2009
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Not seeing why this is a problem if you have sufficient money to cover your bills in your primary anyway? If you do not and need to play a shell game, you are probably over-doing it imo and even with checks you would run the risk of the check getting lost or taking longer than expected to clear depending on the amount and the bank.

And with Bill Pay, you pull money out of your account and setting that up in a secondary bank account takes all of 2 minutes. Personally, I usually do not like to allow companies like CC companies to pull money from my bank account on a debit. I prefer to push it out via Bill Pay which I have total control of, but that is me. Auto debit is like using a debit card instead of a credit card, it is just a bad idea as it gives a thrird party direct access to your bank account imo, but to each his own.

The automatic debit is my mortgage with my primary bank. Pretty sure they already have access.
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Quote from rslaback
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The automatic debit is my mortgage with my primary bank. Pretty sure they already have access.

If that is the case, then why not put that type of money in a money market account with your primary bank that earns 1-2% interest before they take the monthly payment out as opposed to a checking account that earns nothing or next to nothing? Your bank should be able to withdraw the money from a money market account just as easily as a checking account.
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Quote from rslaback
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It's fairly easy for me to change my direct deposit preferences so I have been playing the checking account sign up bonus and earning anywhere from $200 to $750 each bank just by having my money go into a new account until I transfer it out. As soon as the bonus is fully earned and criteria for the promotion satisfied I close that account.

I've been using online transfers to move the money from the new accounts into my primary bank accounts but every now and then I run up against either the time it takes to complete the transfer or the maximum transfer transaction limit.

Does anyone else who plays this game have a suggestion for the best place to get an extremely limited amount of checks for these accounts. Realistically I would be using a maximum of 10 so I am really not interested in BOGO deals or 4 boxes for etc. I would not even use 1 book let alone 1 box.

I'm a little confused as to the problem here.

If a checking acct, they always give you starter checks. It may not be many, but at least some. And checking accts have no transfer limit.

If a savings acct, then obviously you can't write checks on it in the first place (at least usually) ... so then just ach it out. There is that 6 transaction/month thing with savings accts to be aware of.

For bank bonuses, usually I just ach the money out, close the acct (or leave a token amount in if I think I may use them in the future). I'm not sure of a situation where one would need to be in such a hurry to move it, where a check's speed would differ from ach really.
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Quote from Namelessme
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I'm a little confused as to the problem here.

If a checking acct, they always give you starter checks. It may not be many, but at least some. And checking accts have no transfer limit.

If a savings acct, then obviously you can't write checks on it in the first place (at least usually) ... so then just ach it out. There is that 6 transaction/month thing with savings accts to be aware of.

For bank bonuses, usually I just ach the money out, close the acct (or leave a token amount in if I think I may use them in the future). I'm not sure of a situation where one would need to be in such a hurry to move it, where a check's speed would differ from ach really.
Only 1 of the banks I have played the sign up bonus game with offered me free checks of any kind. These accounts are exclusively opened online, maybe things are different with local banks but the best bonuses I have found are all online accounts.

The reason why I feel checks are better is detailed here: https://ptmoney.com/why-do-online...akin-long/

Basically the banks intentionally slow roll the transaction to avoid fraud.

If I have a check, I can transfer the money simply, in any amount, without any fee (screw you HSBC) and quickly. My primary bank allows me to deposit up to $2000 per transaction via mobile deposit. That money is instantly credited but does have to wait a day or so to clear. However, as long as the money clears they behave as if it cleared immediately after deposit. If a credit card or something would potentially overdraw the account between the deposit and the clearing, an NSF would not be charged.

If I use an ACH transfer, most banks (Wells Fargo is the outlier so far) will take at least 3 days before it even shows up as pending in the receiving account.
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Quote from rslaback
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Only 1 of the banks I have played the sign up bonus game with offered me free checks of any kind. These accounts are exclusively opened online, maybe things are different with local banks but the best bonuses I have found are all online accounts.

The reason why I feel checks are better is detailed here: https://ptmoney.com/why-do-online...akin-long/

Basically the banks intentionally slow roll the transaction to avoid fraud.

If I have a check, I can transfer the money simply, in any amount, without any fee (screw you HSBC) and quickly. My primary bank allows me to deposit up to $2000 per transaction via mobile deposit. That money is instantly credited but does have to wait a day or so to clear. However, as long as the money clears they behave as if it cleared immediately after deposit. If a credit card or something would potentially overdraw the account between the deposit and the clearing, an NSF would not be charged.

If I use an ACH transfer, most banks (Wells Fargo is the outlier so far) will take at least 3 days before it even shows up as pending in the receiving account.

I've done at least a half a dozen or so bank bonuses, and you are right, many online tend to be the best. But usually the online checking bonuses are tied to brick & mortar banks, so usually they will mail you checks. You can always ask them, see what they say. Usually they send me checks + debit card automatically, whether I want them or not.

I'm not aware of any checking accounts, online or otherwise, that don't provide checks... I mean, checking acct kind of implies it'd require checks at some point.

For other places, let's say Marcus or Ally, or places like that, they aren't checking accts, so checks won't matter there.

Anyway, I'd recommend first asking those banks for some starter checks. It's weird to me that you didn't get them as well as a debit card right from the start.
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