Update 7/16/23: Deal is back and valid until December 31, 2023.
Update 1/31/23: Deal is back and valid until March 31, 2023
Update 8/6/22: Deal is back and valid until 10/31/22.
Update 1/15/22: Deal is back and valid until 3/31/22.
Update 8/2/21: Deal is back and at $200 this time, but direct deposit is required this time. Hat tip to Richard Hart
Offer at a glance
The Offer
- TTCU is offering a bonus of $200 when you open a new checking account and complete one of the following requirements within 60 business days:
- Receive a recurring direct deposit of $200+
The Fine Print
- A 1099-INT or applicable tax form for the value of the promotional account credit will be issued to account holder.
- Cash bonus will be automatically deposited into the new account within 60 business days following second qualified direct deposit posting or second consecutive month of twenty (20) debit card transactions.
- Second direct deposit or 20 debit card transactions must be confirmed by 12/31/2019.
- Full disclosures available online. ** Wireless carrier charges may apply.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
They offer a free checking account.
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if they charge an early account termination fee or not.
Our Verdict
They offered a $100 bonus in the past, this is basically the same requirements but a slightly bigger payout. Most people won’t be eligible due to the restricted membership unfortunately so we won’t be adding this to our best bank account bonus page.
Hat tip to reader John C
Useful posts regarding bank bonuses: