[CA] Safe 1 Credit Union $200 Checking Bonus, No Direct Deposit Required

Offer at a glance

• Maximum bonus amount: $200
• Availability: CA, Might be nationwide via ACC
• Direct deposit required: No
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Can fund up to $500m with a credit card, Visa or Mastercard only
• Monthly fees: None
• Early account termination fee: $5, 90 days
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Safe 1 Credit Union is offering a $200 bonus when you open a new checking account and complete the following requirements:
  • Use promo code SAFE1!
  • Open a regular share savings account with a deposit of at least $5
  • open a new checking account with recurring direct deposit of $500 or more per month OR at least 10 debit card transactions within 60 days of account opening, and enroll in eDocuments

The Fine Print

• To qualify, you must have or open a regular share savings account with a minimum initial deposit of $5.00, be eligible to open a Safe 1 checking account, open a new checking account with recurring direct deposit of $500 or more per month OR at least 10 debit card transactions within 60 days of account opening, and enroll in eDocuments.
• Qualified members will have $200 deposited to their share savings account within sixty (60) days after account opening.
• Deposit will be posted as a dividend and will be reported to the IRS on a 1099 form.
• Federal, state, and local taxes may apply and are the sole responsibility of the bonus recipient. Fees apply for non-sufficient funds.
• Dividends paid using average daily balance method which applies a periodic rate to the average daily balance in the account for the period. Other restrictions apply.
• 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

 $5.00 if closed within 90 days

Our Verdict

Worth doing as it’s a soft pull and no direct deposit requirement. Added to best bank bonus page.

Hat tip to ShawntheShawn

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