Comments on: WT Direct $500 Promotion: Earn 5% APY For 3 Months http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html Personal Finance and Investing Blog Sun, 12 Feb 2012 01:43:13 +0000 hourly 1 By: ameridan http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-171661 ameridan Sat, 08 Jan 2011 14:00:04 +0000 http://www.mymoneyblog.com/?p=7770#comment-171661 The glasses aren't cheap - they are Riedel Riesling 13 ounce tumbler glasses, (although i thought wine was usually poured into stemware). Regifted them to my daughter as she got engaged during the holidays. I agree Mario, the rate is close to or better than 5-year CD rates at most banks, and the gesture was great, so I'm leaving my $ there at least until CD rates improve. The glasses aren’t cheap – they are Riedel Riesling 13 ounce tumbler glasses, (although i thought wine was usually poured into stemware). Regifted them to my daughter as she got engaged during the holidays.

I agree Mario, the rate is close to or better than 5-year CD rates at most banks, and the gesture was great, so I’m leaving my $ there at least until CD rates improve.

]]> By: Jonathan http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-171651 Jonathan Sat, 08 Jan 2011 06:53:51 +0000 http://www.mymoneyblog.com/?p=7770#comment-171651 @Mario - The question is.. .how much money do you have sitting at WT Direct? :) @Mario – The question is.. .how much money do you have sitting at WT Direct? :)

]]> By: Mario http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-171648 Mario Sat, 08 Jan 2011 06:29:43 +0000 http://www.mymoneyblog.com/?p=7770#comment-171648 This bank is awesome. On top of raising my interest rate, they decided to send me a Christmas gift too. While the Crystal Glasses they sent me may be cheap (I haven't seen them) the gesture alone means a whole lot to me. What other bank would go to such trouble? Not USAA and I've been a member for 9.5 years, not Capital One been a member for 2 years. This bank is awesome. On top of raising my interest rate, they decided to send me a Christmas gift too. While the Crystal Glasses they sent me may be cheap (I haven’t seen them) the gesture alone means a whole lot to me. What other bank would go to such trouble? Not USAA and I’ve been a member for 9.5 years, not Capital One been a member for 2 years.

]]> By: Nancy http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-168835 Nancy Mon, 04 Oct 2010 13:48:16 +0000 http://www.mymoneyblog.com/?p=7770#comment-168835 In case anyone happens to check this: I was about to pull my money back out of WTDirect after the 3 months and decided to call them first. For people who took advantage of the promotion, they are raising the interest rate to 1.40% from October 15, 2010 thru April 15, 2011. They are doing this automatically; it does not have to be requested. So now there's no rush to transfer the money back to my Ally account. In case anyone happens to check this:
I was about to pull my money back out of WTDirect after the 3 months and decided to call them first.

For people who took advantage of the promotion, they are raising the interest rate to 1.40% from October 15, 2010 thru April 15, 2011. They are doing this automatically; it does not have to be requested.

So now there’s no rush to transfer the money back to my Ally account.

]]> By: MM http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160760 MM Wed, 26 May 2010 16:40:40 +0000 http://www.mymoneyblog.com/?p=7770#comment-160760 I opened the account on 5/21. I was able to log in but it kept saying wait for 1-2 business days for the account to be setup. I called the bank. A friendly rep immediatedly activated it. I verified the trial deposits and today the money was withdrawn from the source account. The bank CSR confirmed that the promo code is on my account. Let see what happens in 3 months :) I opened the account on 5/21. I was able to log in but it kept saying wait for 1-2 business days for the account to be setup. I called the bank. A friendly rep immediatedly activated it. I verified the trial deposits and today the money was withdrawn from the source account. The bank CSR confirmed that the promo code is on my account. Let see what happens in 3 months :)

]]> By: Monica http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160460 Monica Tue, 25 May 2010 17:30:15 +0000 http://www.mymoneyblog.com/?p=7770#comment-160460 I tried application on 5/23 again and it is pending approval. Just called WT direct to confirm my application with promotion. CSR says as long as I submitted application before 5/24, and application is approved, I will get the bonus. I tried application on 5/23 again and it is pending approval.
Just called WT direct to confirm my application with promotion. CSR says as long as I submitted application before 5/24, and application is approved, I will get the bonus.

]]> By: Kevin H http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160376 Kevin H Tue, 25 May 2010 05:09:11 +0000 http://www.mymoneyblog.com/?p=7770#comment-160376 What about those who opened their accounts over the weekend, but are pending approval? What about those who opened their accounts over the weekend, but are pending approval?

]]> By: Jonathan http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160357 Jonathan Tue, 25 May 2010 01:32:40 +0000 http://www.mymoneyblog.com/?p=7770#comment-160357 Ouch... that was quick! Ouch… that was quick!

]]> By: Xavier http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160351 Xavier Mon, 24 May 2010 23:52:46 +0000 http://www.mymoneyblog.com/?p=7770#comment-160351 Unfortunately the offer has expired :-( Unfortunately the offer has expired :-(

]]> By: Richard http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160301 Richard Mon, 24 May 2010 13:43:56 +0000 http://www.mymoneyblog.com/?p=7770#comment-160301 I now get "This offer has expired..." I now get “This offer has expired…”

]]> By: h http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160244 h Sun, 23 May 2010 18:02:02 +0000 http://www.mymoneyblog.com/?p=7770#comment-160244 Thanks for the tip.. just made 500$ + around 28$ per month more based on your ultimate interest rate chaser calc. :-) Thanks for the tip.. just made 500$ + around 28$ per month more based on your ultimate interest rate chaser calc. :-)

]]> By: Monica http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160216 Monica Sun, 23 May 2010 05:27:30 +0000 http://www.mymoneyblog.com/?p=7770#comment-160216 I tried to open. But their website with this promotion must be REALLY busy. They say Processing Error We apologize, but there was a communication error in our systems while processing your application. Your application has not been submitted. Or they don't want to give me $500!?%&(&&%$$!!! I tried to open. But their website with this promotion must be REALLY busy.
They say

Processing Error

We apologize, but there was a communication error in our systems while processing your application. Your application has not been submitted.

Or they don’t want to give me $500!?%&(&&%$$!!!

]]> By: ameridan http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160157 ameridan Sat, 22 May 2010 15:13:34 +0000 http://www.mymoneyblog.com/?p=7770#comment-160157 Thx for the post - I too opened an account. Those questions Mario refers to are probably intentionally that way to keep someone from just guessing. They aren't really incorrect though, since there is a "None of the above" option. I wish WT had the OFX download option, but there usually isn't too much activity with a Savings account anyways. Thx for the post – I too opened an account.

Those questions Mario refers to are probably intentionally that way to keep someone from just guessing. They aren’t really incorrect though, since there is a “None of the above” option.

I wish WT had the OFX download option, but there usually isn’t too much activity with a Savings account anyways.

]]> By: Mario http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160096 Mario Sat, 22 May 2010 05:28:43 +0000 http://www.mymoneyblog.com/?p=7770#comment-160096 Just tried opening up an account. During the "credit check" portion, were the questions that everyone else got incorrect? It seems like only 1 of the questions I verified was spot on. Anyway, I'm currently waiting on an email from them. I hope it all goes well. P.S. Thanks for the suggestion Jonathan! Just tried opening up an account. During the “credit check” portion, were the questions that everyone else got incorrect? It seems like only 1 of the questions I verified was spot on. Anyway, I’m currently waiting on an email from them. I hope it all goes well.

P.S. Thanks for the suggestion Jonathan!

]]> By: Jonathan http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160070 Jonathan Sat, 22 May 2010 01:41:18 +0000 http://www.mymoneyblog.com/?p=7770#comment-160070 @Technically - Yes, but you can just open with $1 for now if you wanted, as you don't need to transfer in the $10,000+ until 6/15. You'll still be eligible for the promotion as long as you're signed up under it. Or for simplicity you could just move it all over now and get a slightly lower overall APY, depending on what APY you were earning otherwise. @Technically – Yes, but you can just open with $1 for now if you wanted, as you don’t need to transfer in the $10,000+ until 6/15. You’ll still be eligible for the promotion as long as you’re signed up under it.

Or for simplicity you could just move it all over now and get a slightly lower overall APY, depending on what APY you were earning otherwise.

]]> By: Tehcnically http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160067 Tehcnically Sat, 22 May 2010 01:19:26 +0000 http://www.mymoneyblog.com/?p=7770#comment-160067 IF they pull this early, the account will technically need to be open from now, 5/24/10 (business day) through 9/15/10; and begins 6/15/10. IF they pull this early, the account will technically need to be open from now, 5/24/10 (business day) through 9/15/10; and begins 6/15/10.

]]> By: debbie http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-160035 debbie Fri, 21 May 2010 22:57:07 +0000 http://www.mymoneyblog.com/?p=7770#comment-160035 Hi! I just opened an account, and it says that the name on the transferring & receiving account have to match. Hi! I just opened an account, and it says that the name on the transferring & receiving account have to match.

]]> By: Jonathan http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-159972 Jonathan Fri, 21 May 2010 19:48:09 +0000 http://www.mymoneyblog.com/?p=7770#comment-159972 @john - I don't know, but I would probably avoid it, because that probably means that the name on your account and her account don't match (although it'll probably go through) and if the check later on, it might disallow your bonus. I'm pretty sure they're going for "new" money, but if you don't mind that possibility, you could try. @john – I don’t know, but I would probably avoid it, because that probably means that the name on your account and her account don’t match (although it’ll probably go through) and if the check later on, it might disallow your bonus. I’m pretty sure they’re going for “new” money, but if you don’t mind that possibility, you could try.

]]> By: john http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-159735 john Fri, 21 May 2010 13:59:45 +0000 http://www.mymoneyblog.com/?p=7770#comment-159735 Can my wife open an account (since she never had an account with WTDirect) and fund it via electronic (ACH) transfer from my WTDirect savings account which I opened last year. Funding from another WTDirect account is allowed? Can my wife open an account (since she never had an account with WTDirect) and fund it via electronic (ACH) transfer from my WTDirect savings account which I opened last year. Funding from another WTDirect account is allowed?

]]> By: mike http://www.mymoneyblog.com/wt-direct-500-promotion-earn-5-apy-for-3-months.html#comment-159635 mike Fri, 21 May 2010 10:33:48 +0000 http://www.mymoneyblog.com/?p=7770#comment-159635 thanks for the tip. glad I didnt dump my money into ally 5 year CD. even their 1.16 rate beats my current 1.10 at hsbc. thanks for the tip. glad I didnt dump my money into ally 5 year CD. even their 1.16 rate beats my current 1.10 at hsbc.

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