Offer at a glance
- Maximum bonus amount: $200
- Availability: Cobalt Credit Union is located in 15 counties across Nebraska and Iowa
- Direct deposit required: Yes, no minimum
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees:None
- Early account termination fee: None
- Household limit: None
- Expiration date: 12/31/23
The Offer
- Cobalt Credit Union is offering a $200 checking bonus when you open a new Cobalt Elite or Cobalt Blue checking account and complete the following requirements:
- Have at least one recurring direct deposit
- Enroll in e-statements
- Have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post
The Fine Print
- Offer available 11/14/23 – 12/31/23. In order to receive the $200 bonus, you must open a new Cobalt Elite or Cobalt Blue checking account and fulfill the following requirements: (1) have at least one recurring direct deposit in the form of payroll or government benefit deposited into a Cobalt account, (2) enroll in e-statements, and (3) for the Cobalt Elite checking account, have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post and clear within 90 days of account opening. All qualifications must be met within the first 90 days of account opening.
- The bonus will be deposited into your membership share account within 90 days of meeting all account requirements.
- The bonus is not available for existing Cobalt Blue or Cobalt Elite Checking members who have closed a Cobalt Blue or Cobalt Elite Checking account within the past 90 days.
- The bonus will be reported to the IRS as dividends earned.
- 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.
Early Account Termination Fee
I wasn’t able to find any fee schedule so unsure if there are any EATF.
Our Verdict
Nice deal just need to know if it’s a hard or soft pull.
Hat tip to reader Gadget
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