Offer at a glance
- Maximum bonus amount: $200
- Availability:
- You qualify for membership at AFFCU if you are an active duty member, reservist, veteran, retiree, or a dependent of a member of the U.S. Armed Forces or National Guard residing or working in Texas, Oklahoma, Arkansas, Louisiana, or Mississippi.
- Can also join a foundation
- Direct deposit required: Yes, $500+
- Additional requirements: Use promo code and digital banking
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Up to $1,500
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: None listed
The Offer
- AFFCU is offering a $200 bonus when you open a new checking account and complete the following requirements:
- Use promo code BONUSCASH
- Set up direct deposit of $500+ within 60 days of account opening
- Enroll in digital banking
The Fine Print
- This $200 Checking Bonus is not available to existing AFFCU checking members, or members who are not in good standing, or closed their account or checking account within the last 12 months, or closed with a negative balance at any time.
- To receive the $200 Checking Bonus, open a new Value Checking or Rewards Checking account, which is subject to approval, and within 60 days of opening the account complete these activities: 1) Make a direct deposit through the Automated Clearing House (ACH) totaling $500 or more. Your direct deposit ACH must be a settled deposit of your paycheck, salary, other income, pension, or government benefits (such as social security) from your employer or government. Deposits made through the mail, financial center, mobile deposit or ATM, micro-deposits, transfers from one account to another, Person to Person (P2P) payments including those made through providers such as Zelle, Venmo, PayPal through ACH, or other non-payroll ACH electronic deposits will not be considered as direct deposits; –AND–
- 2) Enroll in AFFCU Digital Banking (web browser or mobile app). After meeting these requirements, the $200 Checking Bonus will be added to your checking account within 30 days. If the account has a negative balance, resulted in a loss to AFFCU, or is closed prior to AFFCU’s attempt to deposit the Checking Bonus, the bonus will not be awarded. Limit of one offer per U.S. Taxpayer Identification Number. Primary account holders must be at least 18 years old to be eligible. Accounts subject to backup withholding, AFFCU employees and volunteers, and accounts qualified under eligibility through the Defense Language Institute English Language Schools are ineligible to participate in this offer
- $200 Checking Bonus is considered interest, and will be reported on IRS Form 1099-INT, and the recipient is responsible for all applicable taxes. Offer is for a limited time, subject to discontinuation or change without notice, and is subject to verification, eligibility and qualification review. Certain restrictions apply.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
If anybody applies by pledging $10 to Airmen Foundation and gets their account set up let us know in the comments.
Hat tip to reader Bockrr
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