ReportWire

Tag: ca bank bonuses

  • [CA only] Sacramento Credit Union $200 Checking Bonus – Doctor Of Credit

    [CA only] Sacramento Credit Union $200 Checking Bonus – Doctor Of Credit

    Update 10/12/24: Bonus is back at $200.

    Update 11/29/22: Bonus now $200.

    Update 7/24/21: Available again, no end date listed. Hat tip to reader Pang.

    Update 8/16/20: Deal is back through August 27th with promo code SAVE.

    Offer at a glance

    • Maximum bonus amount: $150 $200
    • Availability: Any and all persons who live or regularly work in El Dorado, Placer, Sacramento, Solano, Sutter, Yolo and Yuba Counties, California, as well as any and all businesses, corporations, and/or other legal entities in the aforementioned counties
    • Direct deposit required: Yes, no minimum specified
    • Additional requirements: None
    • Hard/soft pull:  Soft, report of hard pull
    • ChexSystems: Unknown
    • Credit card funding: Yes, up to $500
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: August 24th, 2018 August 27, 2020 December 31, 2024

    The Offer

    Direct link to offer

    • Open a new Sacramento Credit Union free checking account and receive a bonus of $200 when you receive a direct deposit within 60 days of account opening.

     

    The Fine Print

    • Existing Sacramento Credit Union checking account holders are ineligible for the $200 bonus. Direct Deposit (electronic transfer for payroll, pension or government benefits) must post to new checking account by day 60 after account opening.
    • A $200 bonus will be deposited into the new free checking account on the first business day after 60 days of the account opening.
    • Bonus is considered interest and will be reported on IRS form 1099-INT.
    • Offer valid through December 31, 2024.

    Avoiding Fees

    You need to pay a $5 fee to join.

    Monthly Fees

    The free checking account required 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.

    Our Verdict

    Not a huge bonus, but better than the previous $100 deal they have had. The small amount of credit card funding and the fact that there is no monthly fees to worry about is nice. I’ll be adding this to our list of the best checking account bonuses.

    Big thanks to reader, EW who let us know. Learn how to find bonuses and contribute to the site here.

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [Ridgecrest, CA In Branch] AltaOne Federal Credit Union ($650 Business Checking & $250 Personal Checking) – Doctor Of Credit

    [Ridgecrest, CA In Branch] AltaOne Federal Credit Union ($650 Business Checking & $250 Personal Checking) – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $650 business checking, $250 personal checking
    • Availability:
      • Ridgecrest – Corporate Branch, 701 S. China Lake Blvd, Ridgecrest CA 93555
      • Ridgecrest – North Branch, 1450 N. Norma St, Ridgecrest CA 93555
      • China Lake – Base Branch, 1115 King Ave, Ridgecrest CA 93555
    • Direct deposit required: Yes, $250+
    • Additional requirements: Five debit card purchases
    • Hard/soft pull: Unknown 
    • ChexSystems: Unknown
    • Credit card funding: Unknown 
    • Monthly fees: Unknown
    • Early account termination fee: Unknown
    • Household limit: None
    • Expiration date: 10/31/2024

    The Offer

    Direct link to offer

    • AltaOne Federal Credit Union is offering both a personal and business checking account.
      • Open a Personal Checking Account and get $250
        • maintain the account in good standing for three consecutive monthly statement periods
        • fulfill minimum activity requirements each month during the maintenance period, which include
          • receiving a minimum of $250 in direct deposits credited to the account and using the associated debit card for at least five PIN or signature-based transactions
      • Open a Business Checking Account and get up to $650
        • $250 Business Checking;
        • $300 Business Checking Plus;
        • $400 Business Analysis Checking;
        • $650 MSB Analysis Checking

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    I couldn’t tell what the monthly fees on the accounts were.

    Early Account Termination Fee

    I wasn’t able to find a fee schedule so unsure if there is an early account termination fee.

    Our Verdict

    Highly location restricted, but might be worth doing if you live in the area.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA & TX only] Premier America Credit Union $100 Checking Bonus – Doctor Of Credit

    [CA & TX only] Premier America Credit Union $100 Checking Bonus – Doctor Of Credit

    Update 9/28/24: Now requires a Premier Plus checking account. This has no monthly fee. Hat tip to reader snailrock

    Offer at a glance

    • Maximum bonus amount: $100 for both parties
    • Availability: Locations in California & Texas [Branch locator]. In branch only (maybe not)
    • Direct deposit required: Yes, $200+
    • Additional requirements: See below
    • Hard/soft pull: Soft (make sure you opt out of overdraft protection)
    • ChexSystems: Unknown
    • Credit card funding: Yes, varies by product (at least $500)
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit:  None mentioned
    • Expiration date: December 31, 2021

    The Offer

    Direct link to offer

    • Premier America Credit Union is currently offering a $100 checking bonus when you open a new checking account and receive a direct deposit of $200 or more

    The Fine Print

    • $100 Head Start Savings Bonus is a promotional offer available 09/07/21 – 12/31/21.
    • Monthly ACH Direct Deposit (minimum $200) must be added to account in first 45-days from account opening to qualify. Offer subject to change or end without notice.
    • A deposit of $5 into a Smart Savings account is required to join Premier America Credit Union.
    • For businesses, a deposit of $250 into a Business Savings account is required to join Premier America Credit Union. Federally Insured by NCUA.
    • 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 an early account termination fee in their fee schedule.

    Our Verdict

    Previously they offered a $100 referral bonus for both parties, but that didn’t require a direct deposit. That was a great offer, but hasn’t been back since 2018. Because of that I think if you’re interested in this offer I think it’s worth doing. We will add this to our list of the best bank account bonuses.

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA] Frontwave Credit Union $200 Checking Bonus – Doctor Of Credit

    [CA] Frontwave Credit Union $200 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount:$200
    • Availability:Must  Live, work or worship in either San Diego, Riverside or San Bernardino counties
    • Direct deposit required: Yes, $250+ within 60 days
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: None/cash advance in branch
    • Monthly fees: None
    • Early account termination fee: Six months, bonus forfeit
    • Household limit: None
    • Expiration date: 9/30/24

    The Offer

    Direct link to offer

    • Frontwave Credit Union is offering a $200 bonus when you open a new checking account and complete the following requirements:
      • Use promo code NEW200
      • Deposit a minimum of $100 into Checking and deposit a minimum of $5 into Savings at account opening
      • Sign up for eStatements within the first 60 days of account opening
      • Conduct a minimum of 30 VISA debit card transactions within the first 60 days of account opening
      • Have one or more direct deposit(s)/ACH(s) or other deposits totaling a minimum of $1,000 must be made into new Savings or Checking account within 60 days of account opening

    The Fine Print

    • To receive $200 checking bonus, members must meet the following requirements: 1) Open a new Frontwave Primary Checking account with a VISA debit card and Savings account; 2) Deposit a minimum of $100 into Checking and deposit a minimum of $5 into Savings at account opening; 3) Sign up for eStatements within the first 60 days of account opening; 4) Conduct a minimum of 30 VISA debit card transactions within the first 60 days of account opening; and 5) Have one or more direct deposit(s)/ACH(s) or other deposits totaling a minimum of $1,000 must be made into new Savings or Checking account within 60 days of account opening. After all requirements are met, the $200 checking bonus will be deposited into the Savings account as a dividend adjustment within 120 days of account opening.
    • To receive a $50 loan bonus, members must meet all requirements above and fund an auto or a credit card loan within 60 days of the Checking and Savings account opening.
    • After funding, the $50 loan bonus will be deposited into the Savings account as a dividend within 120 days of account opening
    • . All bonuses are subject to tax reporting.
    • Limit one $200 checking bonus and one $50 loan bonus per unique Social Security Number per 12-month period. Refer a Friend To receive the $100 referral reward, the referring member must have an existing Frontwave account in good standing.
    • The referral reward will be deposited into the referrer’s account once the new member opens a Checking and Savings account on the same day.
    • Rewards subject to tax reporting.
    • Offers valid for new deposit accounts, loans, and referral accounts opened between 7/1/24 and 9/30/24.
    • Reward not available to Frontwave employees.
    • Limited time offer: program subject to change without notice.
    • Membership and credit subject to credit approval. Other restrictions may apply, see the website for more details.
    • 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

    If the account is closed within six months the bonus is forfeit

    Our Verdict

    Previous best bonus was $100. You can open online now as well which is nice.

    Hat tip to John C

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA only] Credit Union of Southern California $150 Checking Bonus – Doctor Of Credit

    [CA only] Credit Union of Southern California $150 Checking Bonus – Doctor Of Credit

    Update 9/7/24: Deal is back and is now $150. Requires 24 debit card transactions. Hat tip to reader Davis

    Offer at a glance

    • Maximum bonus amount: $150
    • Availability: CA. Orange, Los Angeles, Riverside, or San Bernardino Counties
    • Direct deposit required: Yes, $750+
    • Additional requirements: None
    • Hard/soft pull: Unknown
    • ChexSystems: Yes, sensitive
    • Credit card funding: Unknown
    • Monthly fees: $5
    • Early account termination fee: Unknown
    • Household limit: None
    • Expiration date: June 30, 2024

    The Offer

    Direct link to offer

    • Credit Union of Southern California is offering a checking bonus of $150 when you complete the following requirements:
      • Receive a direct deposit of $750+
      • Within 90 days, use your Visa® Debit Card for 24 qualified purchases

    The Fine Print

    • Offer valid May 1 through June 30, 2024, and is subject to change without notice. Valid only with new Members.
    • New Members are defined as a person 18 and older who has never been an owner of an account at CU SoCal.
    • All new accounts will be verified by ChexSystems® and are subject to approval and Membership eligibility.
    • To qualify for the $100 cash bonus, the new Member must open a Rewards Checking Account and receive a minimum monthly direct deposit of $750 within 60 days from establishing Membership.
    • Cash bonus will be credited to Members’ CU SoCal deposit account within 90 days from the date the new Member established their Membership. Cash bonus may be subject to tax reporting.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Rewards checking account has a $5 monthly fee, doesn’t seem to be avoidable.

    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 really worth it as it’s a small bonus and there is also a monthly fee to consider.

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA only] SAFE Credit Union $500 Checking Bonus – Doctor Of Credit

    [CA only] SAFE Credit Union $500 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: If you live or work in our geographic reach, we want YOU with us. Geographic Reach: Sacramento, Placer, El Dorado, Yolo, San Joaquin, Contra Costa, Solano, Yuba, Sutter, Butte, Nevada, Alameda, and Amador Counties.
    • Direct deposit required: Yes, $1,000+
    • Additional requirements: See below
    • Hard/soft pull: Hard pull (report of soft pull)
    • ChexSystems: Unknown, sensitive
    • Credit card funding: Up to $250
    • Monthly fees: $5, avoidable
    • Early account termination fee: None
    • Household limit: None listed
    • Expiration date: None

    The Offer

    Direct link to offer

    • Safe Credit Union is offering a bonus of $500 when you open a new Perfect Cents Checking and complete the following requirements within 60 days:
      • enroll in eStatements
      • receive $1,000+ in direct deposits
      • complete 30 debit card purchase transactions.
    • Open a Level Up Money Market account and earn $50. Within 30 days of account opening, have a minimum of $5,000 in your account.

    The Fine Print

    • You can’t have a current or recently closed (past 12 months) SAFE checking account.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    To avoid the $5 monthly service fee, you must be enrolled in eStatements and you must have a minimum of 10 or more debit (and/or credit) card purchase transactions post each month or direct deposits totaling $500 or more per month.

    Early Account Termination Fee

    I wasn’t able to find any early account termination fee in the fee schedule.

    Our Verdict

    Better than the $400 bonus that was previously offered. Hopefully it’s a soft pull now but even if it’s a hard pull I think it’s worth doing and will add it to the best bank bonuses.

    Hat tip to reader Ryan H

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [AZ, CA, FL, IN, MI, NJ, NY, OH, WI] Flagstar Bank $250-$350 Checking Bonus – Doctor Of Credit

    [AZ, CA, FL, IN, MI, NJ, NY, OH, WI] Flagstar Bank $250-$350 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $350
    • Availability: Arizona, California, Florida, Indiana, Michigan, New Jersey, New York, Ohio, and Wisconsin
    • Direct deposit required: Yes, $500+
    • Additional requirements: $500 average balance
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: $0-$15
    • Early account termination fee: 180 days, bonus forfeit
    • Household limit: One
    • Expiration date: April 30, 2024

    The Offer

    Direct link to offer

    • Flagstar Bank is offering a checking bonus of up to $350.
      • $250 when you open a Flagstar Ready Checking and complete the following requirements:
        • Maintain an average daily balance of $500+
        • Have one or more direct deposits totaling $500 or more
      • $350 when you open a Flagstar Elite Checking and complete the following requirements:
        • Maintain an average daily balance of $500+
        • Have one or more direct deposits totaling $500 or more

    The Fine Print

    • You must be a new personal checking customer of Flagstar Bank.
    • You must open a Flagstar Ready Checking or Flagstar Elite Checking account.
    • Minimum $50 deposit to open checking account.
    • You will receive a $250 credit for Flagstar Ready Checking or a $350 credit for Flagstar Elite Checking into this account as a bonus 91-104 days after an initial deposit is made to the new account (account funding) opened, subject to the following conditions:
    • Within the first 90 days of the account funding (bonus period) you must maintain an average daily Balance of $500 or more and have one or more direct deposits (ACH credits) totaling $500 or more.
    • Additionally, (i) this offer is limited to one checking bonus per household, (ii)Flagstar Ready Checking account must be funded within 90 days of the account opening date, Flagstar Elite Checking account must be funded within 60 days of the account opening date, (iii) early account closure fee and reclamation of bonus may be imposed for accounts closed within 180 days, and (iv) Flagstar Bank employees are not eligible for the offer.
    • If you have been paid a checking cash bonus previously, you are ineligible to receive this offer.
    • For tax purposes, you will receive an IRS form from Flagstar Bank.
    • Offer subject to change or cancellation at any time without notice. Receiving this offer does not guarantee your eligibility. A
    • ll account applications are subject to our normal approval process. Area restrictions may apply.
    • Offer expires April 30, 2024.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Flagstar ready checking account has no monthly fee when you opt into eStatements
    • Flagstar Elite Checking has a $15 monthly service charge, waived when you maintain a $25,000 combined monthly average balance in your Flagstar personal deposit accounts

    Early Account Termination Fee

    Bonus is forfeit if account is closed within 180 days

    Our Verdict

    Previously there was a $250 bonus that didn’t require a direct deposit. Seems to be available in more states now. The $350 checking bonus isn’t worth considering due to the $25,000 deposit requirement to keep the account fee free (remember account needs to be kept open for 180 days to avoid the closure fee). If you put those funds into a high yield account earning 5% you’d earn $625. We will add this bonus to our best bank account bonuses.

    Hat tip to reader Jason S

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA Only] Redwood Credit Union $250 Checking Bonus – Doctor Of Credit

    [CA Only] Redwood Credit Union $250 Checking Bonus – Doctor Of Credit


    Offer at a glance

    • Maximum bonus amount: $250
    • Availability: If you currently live or work in Sonoma, Lake, Marin, Napa, Mendocino, San Francisco, Solano, or Contra Costa counties
    • Direct deposit required: Yes, $500+
    • Additional requirements: Use promo code
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up to $500
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None
    • Expiration date: 2/29/24

    The Offer

    Direct link to offer

    • Redwood Credit Union is offering a $250 bonus when you open a new checking account and complete the following requirements:
      • Use promo code 250FORME
      • Have at least $500 in qualifying direct deposits within 90 days of account opening

    The Fine Print

    • Offer valid until 02/29/2024.
    • Promotion is offered to new RCU Members.
    • Employees of RCU and/or RCUSG, volunteer Officials, their family members and roommates are not eligible. Promotion is subject to change and certain restrictions may apply.
    • To receive the $250 bonus, you must open a qualifying new checking account with Redwood Credit Union with a qualifying direct deposit. Qualifying checking accounts are limited to General Membership, open for a minimum of 60 days.
    • Youth, business, health savings (HSA), custodial, trusts, and other specialized accounts are excluded from this offer.
    • Direct deposit must be an ACH deposit of $500 or more with an effective deposit date within 90 days of account opening.
    • Direct deposit is restricted to regular income deposits, government benefits, and monthly retirement income.
    • Person-to-person payments such as Venmo™, PayPal, or Zelle®, and external transfers from linked accounts are excluded.
    • One $250 bonus is available per qualifying individual.
    • New Members must qualify for membership and are required to establish a membership account.
    • Membership is open to anyone living or working in one of the eight North Bay counties RCU serves, some restrictions may apply. For new membership accounts, you must deposit $5 in a regular savings account to open a checking account. The promo code expires on 02/29/2024. $250 bonus is considered interest and will be reported on IRS Form 1099-INT. Participant is responsible for all applicable taxes. Bonus will be awarded by a credit to the newly established checking account within 30 days of meeting checking account and direct deposit requirements.
    • 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

    Unsure if there is any EATF.

    Our Verdict

    Requirements seem easy to meet, as always if anybody goes for it then please share your experiences in the comments below. We will add this to the best bank account bonuses.

    Hat tip to Travel With Grant.

    Useful posts regarding bank bonuses:



    William Charles

    Source link

  • [CA] Valley First Credit Union $500 Business Checking Bonus – Doctor Of Credit

    [CA] Valley First Credit Union $500 Business Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: Calaveras, Fresno, Kern, Kings, Madera, Mariposa, Merced, Sacramento, San Joaquin, Stanislaus, Tulare, and Tuolumne Counties.  in CA
    • Direct deposit required: None
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: $12, avoidable
    • Early account termination fee: None
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Valley First Credit Union is offering a $500 business checking bonus when you following requirements are met:
      • Account must be open for 100 days
      • Receives average deposits of at least $1200 per month during that period

    The Fine Print

    • Offer available on Small Business Checking, Business Checking, Interest Business Checking, and Impact Business Checking.
    • Offer does not apply if you have an existing Valley First Credit Union business checking account or have closed a Valley First business checking account within the last 12 months, including joint account ownership. Cannot be combined with other offers.
    • Business must meet Valley First membership eligibility requirements including payment of a $5 one-time membership fee and deposit of $25 to a Business Share Savings Account
    • $500 bonus will be posted to the business checking account after it is open for 100 days and receives average deposits of at least $1200 per month during that period.
    • These fees are waived on the business checking account: monthly maintenance, deposit transaction, cash deposit, and cash order.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Business checking has a $12 monthly fee. Waived with a $1,500+ average daily checking balance OR $4,000+ average daily combined balance).

    Early Account Termination Fee

    None but account does need to be open for 100 days at least.

    Our Verdict

    There is also a $200 personal checking bonus. This is an awesome bonus as it’s easy to keep the account fee free and trigger the bonus. We will add this to the best bank bonuses even though we don’t know if it’s a hard or soft pull.

    Hat tip to reader prunecity

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA] Valley First Credit Union $200 Checking Bonus – Doctor Of Credit

    [CA] Valley First Credit Union $200 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: Calaveras, Fresno, Kern, Kings, Madera, Mariposa, Merced, Sacramento, San Joaquin, Stanislaus, Tulare, and Tuolumne Counties.  in CA
    • Direct deposit required: Yes, $750+
    • 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 listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Valley First Credit Union is offering a $200 checking bonus when you following requirements are met:
      • Have an established direct deposit of $750/month or more
      • are enrolled in Online Banking and are enrolled in eStatements

    The Fine Print

    • Offer effective November 14, 2022 and subject to change or cancel with out notice. Offer does not apply if you have an existing Valley First Credit Union checking account or have closed a Valley First checking account within the last 12 months, including joint account ownership.
    • $200 bonus will be credited to your new Purple Checking account 100 calendar days after account opening providing the following conditions have been met: Have an established direct deposit of $750/month or more, are enrolled in Online Banking and are enrolled in eStatements. Account must be open and in good standing to receive Bonus. Bonus Dividend will be reported as interest (dividends) assumed on IRS Form 1099-INT. Recipient is responsible for any applicable taxes. Offer cannot be combined with any other offer. New accounts subject to ChexSystems. Membership eligibility requirements apply. Membership requires a Primary Share Account opened with an initial $25 deposit plus a $5 one-time membership fee, for a total of $30.
    • 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

    None

    Our Verdict

    Don’t know much about this bank so please share your experiences below.

    Hat tip to Gadget

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [Santa Clara County, CA only] Commonwealth Central Credit Union $100 Referral Checking Bonus – Doctor Of Credit

    [Santa Clara County, CA only] Commonwealth Central Credit Union $100 Referral Checking Bonus – Doctor Of Credit

    Update 1/14/23: Deal is back, this time a $100 referral for both sides. Feel free to share your referrals in the comments below.

    Update 9/11/22: Deal is back. Hat tip to alopez14

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: Santa Clara County CA only
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Hard pull
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Commonwealth Central Credit Union is offering a $100 bonus to both sides when using a referral when you open a new checking account and complete the following requirements:
    • Account also earns 2% APY on balances up to $20,000 when you meet the following requirements:
      • Make 15+ transactions with your debit card and/or Visa credit card
      • Have direct deposit or ACH deposit transactions totaling at least $300
      • Receive eStatements

    The Fine Print

    • Membership in CommonWealth is required.
    • Offer applies to new checking accounts only.
    • Subject to $100 fee for closing checking account within 6 months.
    • All new accounts will be verified by Chex Systems.
    • Cash or non-cash gifts in excess of $10 are subject to IRS reporting on form 1099-INT.
    • Offer is subject to cancellation without notice and cannot be combined with any other offer. Promotion code: SUMMER
    • 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 as long as you opt out of paper statements.

    Early Account Termination Fee

    Wasn’t able to find a fee schedule so unsure is there an early account termination fee or not.

    Our Verdict

    Not the most attractive bonus as it’s a hard pull, but given there are no requirements this is worth doing for some people. The 1.5% APY rate isn’t that attractive given the requirements.

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA only] First Entertainment Credit Union $300 Bonus, No Direct Deposit Required – Doctor Of Credit

    [CA only] First Entertainment Credit Union $300 Bonus, No Direct Deposit Required – Doctor Of Credit

    Update: Comments say you might need to be member of local 695.

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Who live, regularly work, currently attend school, or currently worship in Los Angeles County, California, as well as eligible businesses and/or other legal entities in Los Angeles County, California
    • Direct deposit required: No
    • Additional requirements: See below
    • Direct deposit required: None
    • Additional requirements: None
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Up to $500
    • Monthly fees: None
    • Early account termination fee: None listed
    • Household limit: None
    • Expiration date: December 31, 2023

    The Offer

    Direct link to offer

    • First Entertainment Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements:
      • Use promo code NEWMEMBER2023
      • Make $1,000 in debit card purchases
      • Enroll in eStatements

    The Fine Print

    • Eligibility requirements apply, and all must be met by the 90th day of account opening to qualify for up to $600 bonus.
    • Offer available to new members joining First Entertainment Credit Union between January 3, 2023 and December 31, 2023, using promo code NEWMEMBER. A new member is defined as having no previous relationship with First Entertainment Credit Union.
    • Limited to a maximum $600 total bonus per member.
    • Accounts must be open for at least 90 days, active, and in good standing to receive bonus payout(s) (not in default, closed, inactive, or otherwise “not in good standing”).
    • Bonus(es) will be distributed within 30 days following the program requirements and the 90 days qualification period.
    • Bonus(es) will be considered dividends and may be reported on IRS form 1099-INT.
    • First Entertainment Credit Union employees and business accounts are not eligible for this offer.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    First500 savings  & value checking account has no monthly fee to worry about

    Early Account Termination Fee

    I didn’t see any mention of an early account termination fee in the fee schedule.

    Our Verdict

    Previous best was $100. This is a much better deal and still no direct deposit required.

    Hat tip to Looney Tunes

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA only] Patelco Credit Union $100 Referral Bonus – Doctor Of Credit

    [CA only] Patelco Credit Union $100 Referral Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: CA only
    • Direct deposit required: No
    • Additional requirements:
    • Hard/soft pull: Soft without overdraft protection
    • ChexSystems: Unknown, sensitive
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None
    • Expiration date: None

    The Offer

    Direct link to offer

    • Patelco Credit Union is offering a referral bonus of up to $100 to the person being referred. Bonus is as follows:
      • Earn $50 by becoming a member and opening a checking account (with a $100 minimum deposit).
      • Earn an additional $50 bonus when they open a Money Market Plus or Money Market Select account
    • Person referring receives a $50 bonus when the new member opens the checking account, up to a maximum of $500.

    The Fine Print

    • 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 to worry about.

    Early Account Termination Fee

    I wasn’t able to find a fee schedule so unsure if there is any EATF.

    Our Verdict

    Feel free to share your referral information in the comments below. Looks easy to meet the requirements as you just need to open the accounts.

    Hat tip to reader Dr Churn

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CA only] BluPeak (Formerly USE Credit Union) $300 Checking Bonus – Doctor Of Credit

    [CA only] BluPeak (Formerly USE Credit Union) $300 Checking Bonus – Doctor Of Credit

    Update 10/23/23: New $300 bonus:

    • $100 after opening
    • another $200 after one direct deposit
    • New promo code is Purpose

    Should also be nationwide if you donate $5.00 to KPBS.

    Hat tip to SA

    Update 12/28/22: Now called BluPeak.

    Update 3/30/22: There is now a landing page for this offer, should be available to all rather than specific addresses now. Hat tip to redvwmicrobus

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: CA only. Everyone who lives, works, or worships in the California counties of Alameda, Sacramento, San Diego, Santa Clara, or Yolo.
    • Direct deposit required: Yes, $250+
    • Additional requirements: eStatements
    • Hard/soft pull: Soft pull (report of hard pull). Might be soft pull in branch and hard online
    • ChexSystems: Yes
    • Credit card funding: Up to $500
    • Monthly fees: None
    • Early account termination fee: $15, 90 days
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • USE Credit Union is offering a $300 checking bonus when you use the promo code NewMover. Bonus is broken down as follows:
      • $50 for opening a new checking account
      • $50 for setting up direct deposit of $250+ per month within 90 days of account opening
      • $100 for keeping account open six months (direct deposit must continue monthly)
      • $100 for keeping your account open one year (direct deposit must continue monthly)

     

    The Fine Print

    • Must be 18 years of age
    • Member must use code NewMover at account opening to receive this offer.
    • Bonus payments subject to tax
    • Must be a new USE Credit Union member and meet membership eligibility and account opening criteria
    • 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

    $15 fee if closed within 90 days of account opening according to the fee schedule.

    Our Verdict

    Previously the best bonus was a $100 referral bonus. Obviously this $300 bonus is much better but we don’t know if this is somehow targeted to specific addresses and mixed datapoints of hard/soft pull. Because of that we won’t be adding this to the best checking bonuses for now.

    Hat tip to Angela L

    Useful posts regarding bank bonuses:

    William Charles

    Source link