Offer at a glance
- Maximum bonus amount: $200
- Availability: Membership is open if you live, work, attend school or worship in the state of Arkansas. You must have an Arkansas driver’s license or state-issued ID.
- We also serve Select Employee Groups. Click below to see if your organization is eligible for membership. We are adding new employer partners every month.
- Related(immediate family) to or reside with a Telcoe member.
- Membership with a community partner (Pulaski County Humane Society, Arkansas Learning Alliance, or Child Protection Center) You can join these organizations through Telcoe by making a small donation $5-$25 at the time of your Telcoe account opening
- Direct deposit required: Yes, $1,000+
- Additional requirements: Unknown
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unsure
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- Telcoe Federal Credit Union is offering the following offers:
- $200 bonus when you open a new Premier Checking Account
- Complete 15 or more debit card purchases per month, each of $10.00 or greater within the first 90
days. Transactions made through person-to-person (P2P) payment services (e.g., Cash App, Venmo,
Zelle) do not count toward the 15 transactions. - Receive a minimum of $1,000 in qualifying direct deposits each month for the first 90 days
- Complete 15 or more debit card purchases per month, each of $10.00 or greater within the first 90
- 4.75% APY on a 5-month certificate of deposit on a balance up to $10,000
- $200 bonus when you open a new Premier Checking Account
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Neither account has any monthly fees to worry about.
Early Account Termination Fee
Unsure if there is any EATF.
Our Verdict
Bit annoying that it needs the debit card purchases and a direct deposit.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
