Update 6/1/24: Deal is back until December 31, 2024. Hat tip to reader Bockrr
Offer at a glance
- Maximum bonus amount: $100
- Availability: Ohio, Cincinnati area only
- Direct deposit required: Yes, $100+
- Additional requirements: eStatements
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date:
October 31st, 2019December 31, 2024
The Offer
- River Valley Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements:
- eStatements
- Complete a direct deposit of $100+ within 60 days of account opening
The Fine Print
- $100 deposit will be made into your new River Valley checking account within 30 days of the first direct deposit of $100 or more being made.
- Direct deposit must be made within 60 days of River Valley checking account opening.
- Must provide proof of bank account closing or complete River Valley switch form.
- Current checking account holders do not qualify.
- $100 promotion may be modified or cancelled at any time without notice.
- Offer expires 10/31/19.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Simple checking account has no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not
Our Verdict
Still need to know if this is a hard or soft pull to open. As always if you decide to sign up for this account and bonus please share your experiences and datapoints in the comments below.
Hat tip to reader Joe F
Useful posts regarding bank bonuses: