Offer at a glance
- Maximum bonus amount: $100
- Availability: Must live, work, worship or attens school in Spartanburg County, South Carolina
- Direct deposit required: $500+ required per month for twelve months
- Additional requirements: None
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Bonus subtracted if closed within twelve months
- Expiration date: December 31st, 2015
The Offer
- Receive a bonus of $100 when you open a new Spartan Checking account and complete the following requirements:
- Set up a recurring direct deposit of at least $500 (Note: this direct deposit must stay active for at least 12 months otherwise you will forfeit the bonus). d
The Fine Print
- The checking account must remain open for 12 months and have direct deposit or the $100 bonus will be debited (subtracted) from the account balance at closing
- This offer is available on individual accounts only. This offer is limited to one per account number. Members that already have a checking account at Spartan Federal Credit Union, 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
You will forfeit the bonus of $100 if your direct deposit is stopped before the first twelve months are up. They offer a free checking account, so there shouldn’t be any monthly minimums for that.
Our Verdict
This bonus sucks, you need to apply in branch so it’s unlikely you can fund with a credit card and you need to keep a direct deposit for a full year so you’re bonus isn’t taken away. Stop what you’re doing and read our recommended bonuses instead, this one is a waste of time.
In saying that we’ve still added it to our complete listing of bank account bonuses and if you have any experiences wit this bank or bonus please share them below.
