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dev
dev (@guest_294658)
September 13, 2016 19:31

It doesn’t appear this offer is available online. The terms state “Promotional offer available in Arizona area banking centers only”, which I interpret to mean “in Arizona area branches only.” This bank refers to their branches as “banking centers” (see the locator page at https://www.midfirst.com/locations). The terms also state “Offer must be mentioned at account opening to qualify”, which would suggest an in-person requirement as there is no promotion code listed. Furthermore, the “open an account” button doesn’t appear to pass on any promotion identifier to the application page, though there is some Google Analytics tracking that could be used (unlikely).

If my above suspicions are correct, the placement of the “open an account” button (which leads to the checking products page, which then leads to an online application) immediately below the offer details is extremely deceptive. For those who have already opened accounts online without realizing this, if the bank refuses to honor the offer, a CFPB complaint would be appropriate because, regardless of the written terms, this is a clear UDAAP. Specifically, the “D” in “UDAAP” means “deceptive” — this is a deceptive marketing practice.

zeta
zeta (@guest_294366)
September 13, 2016 01:40

“Complete 30 debit card purchases (multiple swipe for the same purchase do not qualify, ATM transactions are not eligible)”

Would 30 cash.me payments work? Not sure if I understand the “same purchase” concept

thedimt
thedimt (@guest_294286)
September 12, 2016 21:30

Per online application, no CC funding available.

“We will transfer your initial deposit from your account at a different bank as soon as your account is open. Your funding bank account:

Must be at a financial institution in the U.S.
Cannot be a credit card, brokerage, or investment account.”