Offer at a glance
- Maximum bonus amount: $105
- Availability: Requires membership, you can join through the American Consumer Council ($5, or free using the promo code “Consumer”).
- Direct deposit required: Yes, $500 per month for the first three months
- Additional requirements: 2 bill pays, estatements and use your debit card once a month
- Hard/soft pull: HARD
- Credit card funding: ?
- Monthly fees: Not listed
- Early account termination fee: Not Listed
- Expiration date: None specified
The Offer
- Receive $105 when you set up a new checking account with Toby Hanna FCU and complete or sign up for:
- Direct deposit
- Debit card
- Online banking
- Bill Pay
- eStatements
The Fine Print
- Must conduct at least one transaction per month for the first three months
- Must be a new checking customer, those with an existing checking account or those that have closed one within the last 12 months are not eligible
- Minimum direct deposit of $500 per month for the first three months is required. First direct deposit must be within 60 days of account opening
- Must pay at least two bills using Bill Pay within 60 days of account opening
- Must sign up for eStatements within 30 days of account opening
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There are no fees evident on any public pages, they state you need to contact them to get these. We’ve contacted them and will update this page once we received the relevant information.
Our Verdict
You can also earn $25 per person you refer to Toby Hanna using their referral program. Feel free to share your information in the comments (we recommend only putting your e-mail address and even then we’d advise caution as the person signing up will need your full name). You also go into the draw to have a bill up to $100 refunded if you register.
Because this is a hard credit pull to open, I won’t be bothering with this account. This is way to many other bank accounts that are a soft pull to open with better bonuses. Because of this we haven’t added it to our best bank bonus list, which is found here.
