[Expired] [Amherst, NY only] Sweet Home Federal Credit Union $100 Checking Bonus

This deal has expired, view the best offers here or follow us on Twitter so you don’t miss any deals.

Offer at a glance

• Maximum bonus amount: $100
• Availability: Seems to be in branch only. Only branch is on Sweet Home Road in Amherst, NY
• Direct deposit required: Yes, two direct deposits with no minimum mentioned
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown 
• Monthly fees: None
• Early account termination fee: $5/$20, 90 days
• Household limit: None mentioned
• Expiration date: None mentioned

The Offer

Direct link to offer

• Open a new Sweet Home Federal Credit Union and receive a bonus of up to $100, broken down as follows:
  1. Earn $25 by opening a NEW Checking Account with Direct Deposit (bonus posts after 2nd direct deposit has been post to your draft account).
  2. Earn an additional $25 when you sign up for Home Banking & E-Statement*
  3. Earn an additional $25 when you sign up for VISA® Debit Card (and complete 3 visa debit card transactions)
  4. Earn an additional $25 when you sign up for Online Bill Pay (and complete a minimum of three bill pays)

It’s important to note that you need to complete the first task to be eligible for the second bonus and so on.

The Fine Print

• Qualifying direct deposits include, but are not limited to, electronic deposits such as payroll or Social Security and do not include electronic money transfers or credits such as account-to-account transfers or those made through internet payment services
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

There is an early account termination of $5 (savings) & $20 (checking) if the account is closed within 90 days of account opening. There is no monthly fee on the checking account.

Our Verdict

Another bonus that is difficult to judge because we don’t know enough about the bank. Personally I think the requirements are way too high for a bonus that is only $100, so I’d be staying well clear of this bonus even if I lived in the area. If anybody signs up then please share your data points in the comments below.

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
• Banks That Allow/Don’t Allow Out Of State Checking Applications