Update: Comments say you might need to be member of local 695.
Offer at a glance
- Maximum bonus amount: $300
- Availability: Who live, regularly work, currently attend school, or currently worship in Los Angeles County, California, as well as eligible businesses and/or other legal entities in Los Angeles County, California
- Direct deposit required: No
- Additional requirements: See below
- Direct deposit required: None
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Up to $500
- Monthly fees: None
- Early account termination fee: None listed
- Household limit: None
- Expiration date: December 31, 2023
The Offer
- First Entertainment Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements:
- Use promo code NEWMEMBER2023
- Make $1,000 in debit card purchases
- Enroll in eStatements
The Fine Print
- Eligibility requirements apply, and all must be met by the 90th day of account opening to qualify for up to $600 bonus.
- Offer available to new members joining First Entertainment Credit Union between January 3, 2023 and December 31, 2023, using promo code NEWMEMBER. A new member is defined as having no previous relationship with First Entertainment Credit Union.
- Limited to a maximum $600 total bonus per member.
- Accounts must be open for at least 90 days, active, and in good standing to receive bonus payout(s) (not in default, closed, inactive, or otherwise “not in good standing”).
- Bonus(es) will be distributed within 30 days following the program requirements and the 90 days qualification period.
- Bonus(es) will be considered dividends and may be reported on IRS form 1099-INT.
- First Entertainment Credit Union employees and business accounts are not eligible for this offer.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
First500 savings & value checking account has no monthly fee to worry about
Early Account Termination Fee
I didn’t see any mention of an early account termination fee in the fee schedule.
Our Verdict
Previous best was $100. This is a much better deal and still no direct deposit required.
Hat tip to Looney Tunes
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