Offer at a glance
- Maximum bonus amount: $200
- Availability:
- Anyone who lives, works, worships, or attends school in Travis County.
- Anyone who lives, works, worships, or attends school in Williamson County.
- Anyone who lives, works, worships, or attends school in Bastrop County.
- Anyone who lives, works, worships, or attends school in Hays County.
- Anyone who lives, works, worships, or attends school within a 10-mile radius of any of our Central Texas branches.
- Anyone who lives, works, worships, or attends school within a 10-mile radius of 4215 Eastex Freeway, Beaumont Texas.
- Direct deposit required: No
- Additional requirements: Yes, see below
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: $50, 12 months
- Household limit: None listed
- Expiration date: None listed
The Offer
Direct link to offer [not possible to link directly, but the offer shows on the home page]
- Receive up to a $200 sign up bonus with PECU. Requirements are as follows:
- Open any PECU checking account and make ONE deposit of $50 or more within 60 days of account opening.
- Complete FIVE signature-based debit card transactions of at least $10 each within 60 days of account opening.
The Fine Print
- ECU membership required (must be at least 18 years old)
- Must register for PECU online banking Visit PECU website – www.pecutx.org and click register
- Must open a PECU savings account with a minimum of $10 ($5 membership shares, plus $5 membership fee)
- Must open any PECU checking account and complete (5) signature-based debit card transactions of at least $10 each within 60 days of account opening
- Promotional deposit will be deducted if checking account is closed less than 180 days after opening account
- Promotion not valid for existing PECU members (existing PECU members can refer a friend, but not be the person that is referred)
- New accounts screened through ChexSystems
- Program, terms & conditions subject to change at any time at PECU’s sole discretion
- Promotional cash incentive will be deposited within 60 days of successfully completing requirements. Please note, it will be reported as income to the IRS.
Avoiding Fees
Monthly Fees
They offer a free checking account with no monthly minimums.
Early Account Termination Fee
According to their fee schedule there is an early account termination fee of $10 if the account is closed within six months, you also need to keep the account open for twelve months with a direct deposit otherwise you’ll pay another $50 fee.
Our Verdict
Previously this was $200 and required a direct deposit and had to be opened in branch, so deal is significantly better now. Will add to our best bank bonus page.
Hat tip to reader cush
Useful posts regarding bank bonuses:
William Charles
Source link