Offer at a glance
- Maximum bonus amount: $750
- Availability: live, work, worship, or attend school in the communities we serve in NY
- Direct deposit required: Yes, $150+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee:$15 fee for account closed within 0-3 month
- Household limit: None
- Expiration date: October 31, 2023
The Offer
- Broadview Federal Credit Union is offering a checking bonus of up to $750. Bonus is broken down as follows:
- Create a new recurring direct deposit of at least $150 and earn $150
- Earn a bonus of up to $600 when deposit $15,000 – $100,000+ and maintain it for 60 days. Tiers are as follows:
- $15,000 – $49,999.99: $150 bonus
- $50,000 – $99,999.99: $300 bonus
- $100,000+: $600 bonus
- Above also applies to share certificates but with different tiers (also needs ot be maintained for 60 days)
- $100,000 – $249,999.99: $150 bonus
- $250,000 – $499,999.99: $300 bonus
- $500,000+: $600 bonus
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Checking account has no monthly fees to worry about.
Early Account Termination Fee
$15 fee for account closed within 0-3 month
Our Verdict
Savings rates are 0.15%. In terms of the savings bonus you’re better off putting the funds into a high yield savings account earning 5%+ instead (e.g if you put the $100,000 required for a $600 bonus in a 5% account you’d earn $800+). 3 month share certificate is 3.92%, again you’re better off putting the funds into a high yield savings account ($1250 in a 5% account and $1130 total in the share certificate on the lowest tier and gets worse as you go up). The $150 direct deposit bonus is worth considering for some.
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