I guess you could say that. Anyway, it looks like First Bank SD is trying to make a run at Paypal by rolling out their new Paypal-like service, Revolution. The difference is that First Bank SD is a *real* bank, and thus is insured by the FDIC. It also means they’re unlikely to pull some of Paypal’s shenanigans. (I haven’t gotten hit by them, but I’ve heard horror stories…)
Of course the best part is that if you sign up before today is over (that is, the 15th of May), they’ll give you $25 for starting an account. And as a bonus, if you click via the little icon below, I get $10 for referring you.
The catch? You have to be a resident of the United States or be able to fake it. (They ask for a mailing address and an SSN.) And Cheryl Morgan (who was the person who informed me about it) notes that one person got asked to fax a copy of their driver’s license and utility bill, so be forewarned.
But as far as I can tell, there’s no other obligations. Anyway, the button follows: