Update 11/18/24: New $100 bonus available, doesn’t seem to be any requirements?
Update 1/16/23: There is a $200 bonus for those in AZ, ID, NM, or NV. Hat tip to reader Vista 9
Update 12/19/22: Bonus is back but has been reduced to $100.
Update 11/21/22: American First Credit Union is increasing the offer from $100 to $250 for Black Friday. Promotion runs 11/25 – 11/28. Hat tip to reader Bockrr. Eligiblity requirements are:
- Salt Lake, Utah, and Juab Counties, Utah
- Eligible areas of Cache, Davis, Iron, Rich, Washington, and Weber Counties, Utah
- Clark and Lincoln Counties, Nevada (except those living within a 25-mile radius of the Alamo, Nevada U.S. Post Office)
- Eligible areas of Churchill, Douglas, Esmeralda, Lyon, Mineral, Nye, Storey, Washoe, and Carson City Counties, Nevada
- Maricopa County, Arizona
- Eligible areas of Mohave and Pima Counties, Arizona
- Eligible areas in Page and St. Johns, Arizona
- Eligible areas of Ada, Bannock, Bear Lake, Bingham, Boise, Bonneville, Canyon, Caribou, Clark, Elmore, Franklin, Gem, Jefferson, Madison, Owyhee, and Power Counties, Idaho
- Eligible areas of Malheur County, Oregon
- Eligible areas of Bernalillo, Chaves, De Baca, Guadalupe, Harding, Mora, Quay, Sandoval, San Miguel, Santa Fe, Torrance, or Valencia Counties, New Mexico
Update 12/6/21: Can do the same deal, but only requires depositing $100 this time. Hat tip to reader DW
Offer at a glance
- Maximum bonus amount: $100
- Availability:Â
- Direct deposit required: Yes, no minimum specified
- Additional requirements: See below
- Hard/soft pull: HardÂ
- ChexSystems: UnknownÂ
- Credit card funding: UnknownÂ
- Monthly fees: None
- Early account termination fee: None
- Expiration date: None listed
The Offer
- Receive a sign up bonus of $100 when you become a new member of America’s First Credit Union and complete the following requirements:
- Open a savings account with a $1 deposit
- Add a free checking account and a free* Visa® debit card, on approved credit
- Sign up for free online statements
- Enroll in direct deposit
- Existing members can also get up to $100 for the following:
- America First Visa credit card – get one or increase your limit and we’ll pay $40 in transactions
- Direct deposit – enroll and you’ll get $30
- Online statements – sign up and we’ll give you $10
- America First mobile banking app – download, make a transfer and get $10
- Card Guard® – download the app and get $10
- Bill pay – enroll, make a payment, and we’ll give you $10
- Youth savings account – open them for your children and they’ll get a free Penny or Buck piggy bank
- Auto & RV loans – get a low-rate auto or RV loan and we’ll pay $50 toward your first tank of fuel
The Fine Print
- No monthly debit card fee.
- Offers valid for active and retired members of any branch of the U.S. military, as well as veterans.
- Eligibility & conditions apply.
- Current members benefits limited to $100, available in cases where the member does not utilize listed product or service.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
They offer a free checking account, so no fees to worry about there, I wasn’t able to find any early account termination fee in the fee schedule.
Our Verdict
Update: Not worth considering as it’s a hard pull to open account.
Too difficult to say whether this is a good or bad deal without knowing if it’s a soft pull and if you can fund with a credit card. If anybody knows the answers to these questions, please let us know in the comments below. You can view a list of the bonuses we do recommend here.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
