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NOTE:  This deal is only available to certain states.

For a limited time, you can earn up to $150 with Compass Bank.

Earn up to $75 when you use online bill pay

• Open up a Compass checking account and sign up for online bill pay by 2/28/09.
• Pay as least 5 bills every 30 days for the first three months.
• For each month you pay the 5 bills, you get a $25 reward (up to $75)

Sign up for payroll direct deposit - Get $75

• Sign up for payroll direct deposit.  Keep in mind that this payroll direct deposit offer can’t be combined with the online bill pay offer. 
• Minimum $100 opening deposit required. 
• Must be opened by 2/28/09.

Start a savings plan - Get $75

• Open up a new checking account by Feb 28, 2009.
• Set up automatic transfers of at least $50/month from your checking to a savings or money market account.
• After you transfer three times, you get $75.

For all the fine print or more information, visit CompassBank.com or call 1-800-COMPASS.

It’s Tuesday and that means it’s yet another update day.  This week, Umbrella Bank is dominating the Top Ten with #1 results.  As of 1/20/09, Umbrella Bank holds the number 1 spot for a 3 month CD, 18 month CD, 1 year and 2 year CD.  All of Umbrella Bank’s CDs require a $1,000 minimum deposit.

Here are the rates (APY) as of 1/20/09 –

• 30 day:  2.30%
• 60 day:  2.50%
• 3 month:  2.50%
• 6 month:  2.75%
• 9 month:  2.75%
• 12 month:  3.50%
• 18 month:  3.25%
• 24 month:  3.50%
• 30 month: 3.20%
• 3 year:  3.20%
• 4 year:  3.25%
• 5 year:  3.25%

Umbrella Bank is FDIC insured.  For more information, visit UmbrellaBank.com.

Thanks to bankdeals.blogspot.com for finding this deal!

Open up a Premier or Interest account along with a Sovereign CheckCard and $10 deposit by February 27th and you can get a $100 cash bonus.

Here are some more details on the bonus –

• The first step is to do what I mentioned above.  You will need to be a new customer that opens up either of those accounts.  Make sure you deposit at least $10 and get a CheckCard
• Next, you’ll need to make at least 6 transactions on your CheckCard within 60 days of opening your account.
• After the 60 day opening period, you’ll see the $100 credit show up in your account within 15 days.

There are two types of accounts you can open.  The Premier Checking account which earns interest but requires a higher balance and the Interest Checking account which requires direct deposit but no minimum balance.

If this sounds like a deal to you, check out SovereignBank.com .

Below, I’ve compiled a list of the top five money market accounts on the market for the month of January 2009 that only require a minimum deposit of $500 or less.  Surprisingly, there are a lot of them out there if you don’t have a lot of money to invest right off the bat.

Bank of Internet — 3.45% APY — $1 min.
3 star / 5 star Bankrate.com rating

Venture Bank Direct — 3.30% APY — $1 min.
1 star / 5 star Bankrate.com rating

GMAC Bank — 3.25% APY — $1 min.
4 star / 5 star Bankrate.com rating

iGObanking.com — 3.08% APY — $1 min.
4 star / 5 star Bankrate.com rating

E*Trade — 3.01% APY — $1 min.
2 star / 5 star Bankrate.com rating

As you can see, many of them have lower ratings.  If you’re concerned with Bankrate.com ratings, I would consider GMAC and iGObanking.  Both of these banks have had consistent rates of the past 6 - 12 month.  Then again, as long as you keep less than $250,000 in your accounts, you have nothing to worry about since all accounts are FDIC insured.

I got a quick word yesterday that First Command Bank put up a 3.45% APY CD with a minimum deposit of $1,000.  Below is the rate structure regarding the CD –

• $1,000 - $9,999:  3.45% APY
• $10,000 - $99,999.99:  3.75% APY
• $100,000+:  3.75% APY

First Command Bank also have some other competitive rates but not as good as this one.  If you’re interested in another length, they offer a 30 day, 90 day, 182 day, 1 year, 18 month, 2 year and  3 year.  The bank is FDIC insured.

This bank deal is open to all and has a very solid 4/5 Bankrate.com star rating.  I would act fast because these rates don’t tend to stick around.

If you’re interested in opening an account or you want more information, visit FirstCommandBank.com.