[ID, WA & OR only] Gesa Credit Union 7% APY On Balances Up To $5,000 + $350 Bonus – Doctor Of Credit

Update 3/21/23: You can now get a $350 bonus as well. Bonus broken down as follows:

• Get $250 when you:
  • Open your new checking account
  • Sign up for Online Banking and eStatements
  • Complete 10 debit card purchases (excluding ATM transactions)
• $100 when the account has been open for one year

Update 1/7/23: Increased from 5% to 7%. There’s also a referral program whereby each party gets $100.

Offer at a glance

The Offer

Direct link to offer

• Gesa Credit Union is offering balances 5% APY on balances up to $5,000 when they following requirements are met:
  • Enroll in eStatements
  • Make a monthly direct deposit of over $200
  • Complete 15 debit card transactions
  • Provide and maintain a valid email address
  • Limit one account per member

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees.

Our Verdict

I’m guessing we will start seeing a lot more of these high yield savings accounts.