For residents of Michigan, Georgia and Indiana, FlagStar Bank has relaunched their S.M.A.R.T. checking account promotional bonus.  

The "bad news" part of the interest rate story is that CD rates are falling. What helps when you want a mortgage, hurts when you want to earn money on your savings. But fears of inflation and the need for banks to attract money could cause rates to go up later. Some banks have been offering their best rates on medium term CDs, so you don’t absolutely have to lock in for the longest term to get the best rates.

Do you like cash back and free gifts? Check out these offers running now across the banks. Qualify for gift cards, free iPods, or just plain cash for opening accounts with these banks. Get the Chase Freedom Visa Card today, and earn 5,000 points automatically that you can spend like cash. Additionally, get $50 back with your first purchase. To apply, click here You’ll receive up to a $125 value when you sign up for a Free Checking Account with Commerce Bank. To open an account, go to Commerce Bank. Flagstar Bank will put $100 in your account, when you open a checking account with them. Click here for the promotion.