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Old 09-10-2000, 10:06 PM   #1
jclark
Lieutenant Junior Grade
 
Join Date: Feb 2000
Posts: 129
Cool

Open an investment account for as little as $5.00 and get cash-back rebates from a whole bunch of merchants, such as:

Buy.com - 1%
800.com - 3.5%
Outpost.com - 2%
OfficeMax - 2.5%
The Sharper Image - 7%
B&N - 3.5%
CD Universe - 4.5%
CDNow - 4.5%
CD World - 7%

and about 70 other places.

http://www.savedaily.com/default.asp...@epriority.com

And, of course, they've got a referral program.

The rebates aren't quite as good as say freeride, but they're really secondary. There's not many places where you can open a mutual fund account with only $5. If you can't afford to put $1000 into an etrade account, but want to earn more than the 2-3% a passbook account will earn you, this is what you're looking for. I opened an account with $5 and set up an automatic $5 monthly deposit into it. I look at it this way - its $5, which is next to nothing. I spend more than that on TP every month. If I lose it all, it's not going to hurt me. If it stays the same, or earns money, then bonus, there's a couple Christmas presents taken care of. More than likely, I'll forget about for a few months, then come back to find money I didn't even know I had (like the Citif/i account I found yesterday when I got the notice they were closing it.)
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