American Express announced today a series of enhancements to its online bank, Membership B@nking, including:
Free Quicken TurboTax Deluxe software for new customers who open qualifying accounts by March 8, 2000. This offer is part of a new marketing agreement with Intuit in which both companies will promote Membership B@nking and TurboTax Deluxe to their respective customer bases through co-branded online advertising, direct mail and other marketing initiatives;
5.65% annual percentage yield on Money Market Accounts-up from 5.00 percent APY – making it one of the most competitive rates in the country and more than double the national average; and
No-fee interest checking account, earning a 2.00% APY and offering free unlimited electronic bill payment and ATM surcharge rebates. No-fee interest checking is available only to customers who are taking advantage of the TurboTax offer.
American Express Membership B@nking will mail new customers free TurboTax Deluxe software when they open a Money Market and/or No-Fee Interest Checking account with an initial deposit of $500 or more by March 8, 2000. New customers who open an account with $1,000 or more will receive a $50 bonus deposited into their account in addition to the free copy of TurboTax software.Details