BankOn has a money market with a 2.05% annual percentage yield (APY), plus a $50 cash bonus. Money market accounts are available only to residents of Nebraska, Colorado, Kansas, Missouri, and Wyoming.

• Money market accounts only available online
• Automatic transfers from BankOn checking accounts
• No minimum balance after opening
• No checks
• Online statements only
• Mobile banking and telebank
• Use U.S. checking account, credit card, or debit card to fund money market

You must open both a BankOn money market and checking account to receive the $50 bonus. The $50 bonus is paid within 10 days of opening the account. Each household is limited to one bonus offer.

BankOn checking account requires a $100 minimum opening deposit and allows you to have an unlimited number of transactions. The checking account also must be opened online with the money market account. Other checking account features include free Visa check card with cash back rewards, Visa credit cards subject to credit approval, and free bill pay.

You must be a U.S. citizen or U.S. resident alien to open an account. Resident aliens need two forms of ID to open an account.

BankOn accounts are insured by the Federal Deposit Insurance Corp. The bank is part of Pinnacle Bank.

Thanks goes to a reader who pointed this out via e-mail.

NOTE:  Open to WA area residents only.

I usually don’t post that many local deals but this one was too good to pass up, especially those that are in the Washington area.

From now until 8/31/09, open up a Money Market with at least $11,000 and you’ll get a guaranteed rate of 3.83% APY.  If you’re a non-customer, you must deposit your first $1,000 in a standard Navigator account.

• No monthly fees.
• No penalty to access your funds (the number of withdrawals are limited like any other money market)
• FDIC insured.

To get more information on this great deal, visit AnchorNetBank.com and also visit this location page for more details on where you can find a branch near you.

NOTE:  This is open to certain residents.  You have to open the account in person.

Open any checking account with MidFirst Bank with direct deposit and you’ll receive a $50 MidFirst Bank Visa(r) Gift Card.  In addition to that, you can refer someone and get an additional $50 on a Visa(r) Gift Card as well. You can refer up to 3 friends per 12 months.

With MidFirst’s checking account, you’ll get –

• Free Internet Banking
• Mobile Banking
• Free Visa(r) Check Card
• Preferred customer loan discount

Limit one gift card per household.  You must open up a checking account with at least $100.  Must open with direct deposit and make one initial deposit by 4/30/09. 

This offer expires 3/31/09.

For more information on this offer, visit MidFirst.com or visit a local branch near you for more details.

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.