Bank of the West changes tune on iPod promotion
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It used to be that banks gave out toasters to attract new customers. Bank of the West brought that idea into the digital age with a recent offer of a free iPod Touch if you opened a checking account.
But, as Glassell Park resident Phyllis Chiu discovered, getting that iPod wasn’t always as easy as the bank would have had people believe.
“It seemed like a wonderful offer,” Chiu, 58, told me. “I had been interested in getting an iPod Touch. But it didn’t turn out as I expected.”
Bank of the West announced in July that it would give away a $200 iPod Touch — the one that looks like an iPhone but isn’t — to all new customers who opened checking accounts with a minimum deposit of $100.
To qualify, the customers would also have to either establish minimum $500 direct deposits each month, make at least 10 online bill payments or make 20 debit card transactions by Oct. 31.