[AR] Telcoe Federal Credit Union $200 Checking Bonus + 4.75%

Offer at a glance

• Maximum bonus amount: $200
• Availability: Membership is open if you live, work, attend school or worship in the state of Arkansas. You must have an Arkansas driver’s license or state-issued ID.
  • We also serve Select Employee Groups. Click below to see if your organization is eligible for membership. We are adding new employer partners every month. 
  • Related(immediate family) to or reside with a Telcoe member. 
  • Membership with a community partner (Pulaski County Humane Society, Arkansas Learning Alliance, or Child Protection Center) You can join these organizations through Telcoe by making a small donation $5-$25 at the time of your Telcoe account opening
• Direct deposit required: Yes, $1,000+
• Additional requirements: Unknown 
• Hard/soft pull: Unknown 
• ChexSystems: Unknown
• Credit card funding: Unknown 
• Monthly fees: None
• Early account termination fee: Unsure
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Telcoe Federal Credit Union is offering the following offers:
  • $200 bonus when you open a new Premier Checking Account
    • Complete 15 or more debit card purchases per month, each of $10.00 or greater within the first 90
      days. Transactions made through person-to-person (P2P) payment services (e.g., Cash App, Venmo,
      Zelle) do not count toward the 15 transactions.
    • Receive a minimum of $1,000 in qualifying direct deposits each month for the first 90 days
  • 4.75% APY on a 5-month certificate of deposit on a balance up to $10,000

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

Neither account has any monthly fees to worry about.

Early Account Termination Fee

Unsure if there is any EATF. 

Our Verdict

Bit annoying that it needs the debit card purchases and a direct deposit. 

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