Last fall, my wife and I went into our nearest bank branch to set up a new savings account for a trust that we’re managing. While we were there, the “Personal Banker” told us about a promo that they were running that would give us a higher than typical interest rate.
I can’t remember the details, but it was something like 2%, when the prevailing savings account interest rates (especially at brick and mortar banks) were much lower. Not only that, but he said he could apply it to our existing personal savings account, as well.
When we got up to leave, he said that the promo rate would end in a few months, but that they’re always introducing new ones. Thus, if we’d just call back and ask, he’d go ahead and apply the code for the new promo rate to our accounts.
I recently called him back and he gave us the new promo rate. I forget the details, but it was significantly higher than their “standard” savings account interest rate. All we had to do was ask.
Oh, and just in case you’re thinking that we must have been dealing with some local bank, and that there’s no hope of getting this treatment from the behemoth bank that you’re dealing with… We do all of our “local” banking with Bank of America.