[AL, TN] Redstone Federal Credit Union $600 Checking Bonus, Direct Deposit Not Required

Update 6/8/25: Deal is back until July 31st 2025. Must not have had an RFCU account within the past 1826 days (5 years). Hat tip to reader Craig M

Offer at a glance

• Maximum bonus amount: $600
• Availability: Tennessee: Bedford, Cannon, Rutherford, or Williamson County
  Individuals who are joint on another account and opening their first primary
• Direct deposit required: No
• Additional requirements: 5 debit card purchases & online banking
• Hard/soft pull: Soft pull
• ChexSystems: Yes, not sensitive
• Credit card funding: Up to $530
• Monthly fees: $5, avoidable
• Early account termination fee: None
• Household limit: None mentioned
• Expiration date: 12/23/2023

The Offer

Direct link to offer

• Redstone Federal Credit Union is offering a bonus of up to $600 and complete the following requirements:
  • Use promo code SRP600
  • Access online banking and enroll in eStatements.
  • Make 10 debit or credit card purchases.

The Fine Print

• Promotion valid 10/11/2023 – 12/23/2023.
• Membership eligibility required. Must open a share savings account to join RFCU®. Minimum balance of $5.00 is required to open and must be maintained in share savings account. Bonus will be deposited into the member’s primary checking account within 150 days of account opening, but no later than May 21, 2024.
• Bonus will not be paid if all promotion eligibility requirements are not met.
• The promotion code must be presented at the time of account opening to qualify for the promotion and may not be used more than two times per household.
• Age and other promotional 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

Easy checking account is the easiest account to keep fee free. This has a $5 monthly fee that is waived with a direct deposit or 4 debit card transactions.

Early Account Termination Fee

I wasn’t able to find any mention of an early account termination fee in their fee schedule.

Our Verdict

This is an absolutely amazing offer as the requirements are very easy to meet. Unfortunately it’s very location restricted but if you live in that area an amazing deal and we will add it to the best bank bonus page.

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