Offer at a glance
- Maximum bonus amount: $100
- Availability: Hendersonville, TN Branch Only
- Direct deposit required: No
- Additional requirements: 10 debit card transactions
- Hard/soft pull: Hard
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: $3
- Early account termination fee: $15, 60 days
- Expiration date: December 31st, 2016
- Receive a bonus of up to $100 when you open a new Ascend Federal Credit Union checking account at their new Hendersonville branch. Bonus is broken down as follows:
- $50 for simply opening the account
- $50 for completing 10 debit card purchases
The Fine Print
- Ascend Federal Credit Union (Ascend) will award one (1) $50 deposit to any new member who opens a checking account and an additional one (1) $50 deposit after 10 debit card purchases have been completed, within the promotional period
- Offer rewards will be awarded within thirty (30) business days of the end of the promotion period via direct deposit into the eligible checking account
- Members who have opened and closed an Ascend checking account within the previous 12 months are not eligible for this offer.
- Prospective members must establish membership and open a checking account at Ascend’s Hendersonville financial center.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
There is a $15 early account termination fee if closed within 60 days of account opening. There is a $3 monthly fee that is waived if you meet any of the following requirements:
- Maintain an average monthly balance of at least $100 in a savings or checking account
- Have a Preferred checking account; have a Share certificate
- Bave an active non-delinquent loan (including credit cards)
- Gave a Money Market account with a balance of at least $2,500
- If you are 18 years of age or younger
It’s not clear if the checking account also has a monthly fee or not.
Update: Definitely not worth doing now that we know it’s a hard pull to open. You can view checking bonuses we do think are worth completing here.
Bonus requirements are pretty easy, but I find the fee schedule a little confusing to be honest. If you live close to the branch it’s probably worth going in and finding out if it’s a soft pull and what all the fees are, if you do that then please let the rest of us know in the comments as well.
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