Offer at a glance
- Maximum bonus amount: $100
- Availability: who lives or works in Jasper, Boone, Story, Marshall, Tama, Benton, Polk, Poweshiek, Iowa, Warren, Marion, Mahaska, Keokuk, Lucas, Monroe, Wapello, Wayne, Appanoose and Davis.
- Direct deposit required: Yes, two $500+
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None listed
The Offer
- Advantage Credit Union is offering a $100 bonus when you receive two direct deposits greater than $500 within 60 days of account opening
The Fine Print
- Flip the Switch rewards will be paid to member no sooner than 60 days after account is opened.
- Member will earn $100 if the account receives two direct deposits greater than $500 within 60 days of account opening.
- Member will earn $50 if the account receives two direct deposits greater than $500 in a 60 day period, regardless of account opening date.
- 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 or not.
Our Verdict
Not sure if an account can actually be opened online or not and it’s a small bonus requiring a direct deposit but might be worth doing some readers if they live near a branch.
Useful posts regarding bank bonuses:
William Charles
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