Wachovia Bank is offering a $50 sign-up bonus for opening one of their Free Checking accounts. The account looks pretty good, with no monthly service fee, no minimum balance, and no direct deposit requirement. However you will get a hard credit pull and you need to open with at least $100. You also have to be a little patient:
Account must be opened in good faith and remain in good standing through 04/30/2007 in order to be eligible for the offer. Account must be funded with a minimum opening deposit of $100. Offer expires on 04/01/2007. [...] The $50 bonus will appear in the form of a credit to the account within 60 days of the offer expiration date.
Overall, it looks good if you have a lot of Wachovia’s around and need a low-maintenance local bank account. The interest rates on their savings accounts are awful, so link it up to an online savings account paying 5% APY. Thanks to JP for the tip.