[CA] Travis Credit Union $250 Checking Bonus – Doctor Of Credit

Offer at a glance

• Maximum bonus amount:
• Availability: Everyone who lives, works, worships or attends school Solano, Yolo, Contra Costa, Merced, Napa, Alameda, Colusa, Placer, Sacramento, San Joaquin, Sonoma and Stanislaus counties; Military and civilian personnel of Travis Air Force Base; Immediate family members of current members.
• Direct deposit required: Fine print says any electronic deposits
• Additional requirements: 
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: None
• Household limit: None
• Expiration date: None

The Offer

Direct link to offer

• Travis Credit Union is offering a $250 bonus when you open a new checking account and complete the following requirements:
  • Use promo code FreeChecking23
  • A total of $500 of external electronic deposits have been made within the 90-day period

The Fine Print

• $250 offer applies to new and existing Travis Credit Union (TCU) members who open their first TCU Free Checking account and meet the deposit requirements.
• To qualify for the $250 reward, a new membership and/or a new TCU Free Checking account must opened using the promo code.
• The $250 reward will be payable into the checking account after 90 days if a total of $500 of external electronic deposits have been made within the 90-day period. Person to person payments such as Zelle® and other cash apps are not eligible for this offer.
• Only new money qualifies and no cash deposits (cash allowed for the initial deposits).
• New money is defined as funds not currently on deposit with TCU.
• Offer only applies to ages 18 years and over.
• Excludes Travis Credit Union employees.
• Only one offer per member allowed.
• Membership eligibility and other restrictions may apply.
• Membership requires a one-time non-refundable $5 fee plus a $5.00 minimum deposit.
• Only the Free Checking account qualifies for this offer and requires a $50.00 minimum deposit.
• The $250 reward is considered interest and will be reported on IRS form 1099-INT.
• See disclosure for details at traviscu.org. This offer is subject to change or cancellation at any time. Insured by NCUA.
• 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 to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Looks to be a relatively easy bonus, doesn’t seem to be any terms that state it has to be payroll specific. Hopefully it’s not Chexsystems sensitive.

Hat tip to reader calvin

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