SunTrust Bank is offering a free roundtrip ticket on AirTran (16 bonus A+ Rewards credits) for depositing $10,000 of new money into a Premium Money Market Performance Account by March 9, 2007. You must keep it there for 90 days, and the account currently pays 2.25% APY. Doing some rough math, the interest rate difference from an online savings account paying 5% APY for this period would be about $75. That seems like a good price for those that could use it.
You must also reside in AL, AR, DC, FL, GA, MD, MS, NC, SC, TN, VA, or WV. Here’s the rest of the fine print:
Deposit $10,000 or more of new money into a Premium Money Market Performance Account by March 9, 2007. You must be an AirTran Airways A+ Rewards member. Complete redemption certificate by March 31, 2007. Duplicate or incomplete redemption certificates will not be processed. 16 A+ Rewards credits ? which qualify you for a free round-trip flight ? will be credited to your A+ Rewards account 10 ? 12 weeks after your redemption certificate is received and validated. Premium Money Market Performance Account clients must maintain a minimum incremental balance of at least $10,000 for 90 days from the date of deposit. To open a Premium Money Market Performance Account, you must open or already have an existing Smart Solution Plus or Signature Advantage checking account. Premiums on money market accounts may be reported as interest income to the IRS and the account holder will be responsible for applicable taxes. Limit one ticket per household. Account holders must be U.S. residents and 18 years of age or older. Offer good while supplies last. Offer subject to withdrawal without notice and may not be combined with any other offers. SunTrust checking is available to residents in the following states: AL, AR, DC, FL, GA, MD, MS, NC, SC, TN, VA, and WV. Void where prohibited by law.
* Reward seats are subject to availability and blackout dates. Taxes and fees are extra ? the September 11th security fee of up to $2.50 per segment is not included. A segment is defined as one takeoff and one landing.
There may also be an $25 early closure fee for accounts closed within 6 months based on your local fee schedule. Thanks to Phil for the tip.
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