WTDirect Offering $150 Bonus to Open Savings Account

WTDirect is at it again, offering $150 to open a savings account. This is similar to a promotion they ran last year.

Deposit $50,000 into a WT Direct savings account by July 31, 2009, keep the money in their through October and the $150 will be added to your account balance. WT Direct is paying a lower bonus for smaller deposit amounts:

Bonus amounts start at $25 for the first $10,000 and increase by $25 for each additional $10 deposited, up to the $150.

WT Direct is currently offering 1.76% APY on its savings accounts for the first 60 days. If your balance falls below this amount after the 60 days, the rate falls to .15% APY. Compare WT Direct's rate to other savings and money market rates on the BestCashCow rate tables.