{"id":1343,"date":"2009-02-15T01:04:50","date_gmt":"2009-02-15T09:04:50","guid":{"rendered":"http:\/\/www.oeconomist.com\/blogs\/daniel\/?p=1343"},"modified":"2009-09-27T22:03:59","modified_gmt":"2009-09-28T06:03:59","slug":"premia-discounts","status":"publish","type":"post","link":"https:\/\/www.oeconomist.com\/blogs\/daniel\/?p=1343","title":{"rendered":"Premia &amp; Discounts"},"content":{"rendered":"<p>A while back, I got an offer from <a href=\"http:\/\/www.wamu.com\/\">Washington Mutual Savings Bank<\/a>; if I started a <q>free<\/q> checking account with them, with a deposit of $100 or more, then after a few weeks they would add $75 to that.  I decided to take advantage of that offer, and deposited exactly $100.  I have kept my prior checking account, and left the <a href=\"https:\/\/www.wamu.com\/personal\/default.asp\"><abbr title=\"Washington Mutual\" style=\"font-size: normal ;\">WaMu<\/abbr><\/a> account dormant.<\/p> <p>Perhaps I should have waited.  Yester-day (after the original offer expired), I received a similar offer from them, only now the supplement would be $100.  Having taken advantage of the old offer, I'm blocked from exploiting the new offer.<\/p> <p>As <a href=\"http:\/\/mocketymock.com\/\">the Woman of Interest<\/a> notes, this increase to $100 is suggestive of desperation. <hr width=\"50%\" align=\"center\" \/> Last night, in <a href=\"http:\/\/www.cvs.com\/\"><abbr title=\"Consumer Value Stores\">CVS<\/abbr>\/pharmacy<\/a>, I saw multi-packs of sparkling water on sale &mdash; regularly $3.9<em>9<\/em>, now $3.9<em>7<\/em>.  That's a discount of just barely more than &#189;%.<\/p>","protected":false},"excerpt":{"rendered":"A while back, I got an offer from Washington Mutual Savings Bank; if I started a free checking account with them, with a deposit of $100 or more, then after a few weeks they would add $75 to that. I decided to take advantage of that offer, and deposited exactly $100. I have kept my [&hellip;]","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[36,5,4],"tags":[520,525,334,521,523,524,522],"class_list":["post-1343","post","type-post","status-publish","format-standard","hentry","category-economics","category-personal","category-public","tag-banking","tag-discounts","tag-everyday-absurdity","tag-financial-intermediation","tag-jpmorgan-chase","tag-premia","tag-washington-mutual"],"_links":{"self":[{"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=\/wp\/v2\/posts\/1343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1343"}],"version-history":[{"count":0,"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=\/wp\/v2\/posts\/1343\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oeconomist.com\/blogs\/daniel\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}