Offer at a glance
- Maximum bonus amount: $250
- Availability: CT only
- Direct deposit required: Yes, $350+ per month for the first 4 months
- Additional requirements: 5 debit card transactions per month for 5 statement cycles
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Bonus forfeit if closed within 9 months
- Household limit: None listed
- Expiration date: January 1, 2023
The Offer
- CrossPoint Federal Credit Union is offering a $250 checking bonus when you open a new checking account and complete the following requirements:
- 5 debit transactions a month for first 5 statement cycles
- $350 dollar monthly average direct deposit into a checking account within first 4 statement cycles
The Fine Print
- Offer can be withdrawn at any time.
- 5 debit transactions a month for first 5 statement cycles and $350 dollar monthly average direct deposit into a checking account within first 4 statement cycles.
- Account must be open and in good standing for 6 statement cycles for award to be credited; award will be taken back if closed within 9 statement cycles.
- One award per checking account owner.
- Offer valid through January 1, 2023.
- 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
Account needs to be kept open for 9 months otherwise the bonus is forfeit.
Our Verdict
Annoying that the requirements have to be done for so many months, probably makes it not worth doing for most people. If anybody signs up let us know if it’s a soft pull or hard pull in the comments.
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