Hundreds if not thousands of LRCers including myself have taken advantage of this deal.
Get $125 when you sign up for a FREE, NO FEE Capital One 360 (formerly ING Direct) Checking account and use your ATM card 5 times within 45 days.
for more info.
Capital One 360 is a great online bank. They NEVER charge you fees. They have a network of 38,000 free ATMs you can use around the US for free, plus you can use the ATMs at Capital One banks.
They pay you interest and if you ever overdraft they don't charge you a fee. They charge you 11.25% on the amount you overdraft. So overdraft $100 by accident for 10 days, you pay 31 cents instead of $30.
Online bill pay, free real checks, deposit checks through your phone. There is a reason a ton of you sign up every year for this offer.
More info here:
They also are offering $75 if you sign up for a free savings account and deposit $500.