Offer at a glance
- Maximum bonus amount: $200
- Availability: AZ only
- Direct deposit required: Yes, $250+ per month
- Additional requirements: Enroll in eStatements and perform at least 10 check card transactions
- Hard/soft pull: Hard pull (Equifax)
- Credit card funding: Unsure
- Monthly fees: $5-$15, waive able
- Early account termination fee: Bonus clawed back if closed within six months
- Expiration date: December 31st, 2017
Contents
The Offer
- Arizona Credit Union are offering $100 to both parties when you’re referred or refer somebody to the credit union. They person signing up must meeting the following requirements:
- Receive a direct deposit of at least $250/month
- Sign up and enroll in eStatements
- Perform at least ten signature based check card transactions
The Fine Print
- To qualify, the new member must present a referral coupon at account opening. The referring member’s name and phone number must be clearly printed on the coupon.
- The referred member must be a NEW member with no existing accounts at ACCU. Existing primary members and joint owners opening a new membership do not qualify.
- Former members qualify as a new member provided their previous account was closed at least twelve (12) months prior to the new open date.
- The $100 bonus will be deposited to both the referring member and the new member Share accounts within ten (10) business days after the following three (3) requirements have been met by the new member: 1. Have a monthly direct deposit of minimum $250. 2. Signed up and currently enrolled for eStatements, AND 3. Has performed at least ten (10) signature-based Check card transaction purchases within the first sixty (60) days of account opening.
- Bonus is considered interest and will be reported on IRS Form 1099-INT.
- Cannot be combined with any other offers.
- Offer valid for referred new accounts opened by 12/31/2017.
- Terms and conditions subject to change without notice. The above requirements must be met for 6 consecutive months.
- If the account is closed within 6 months, the $100 bonus amount will be deducted upon closing from the referred member’s account.
Avoiding Fees
Avoiding Fees
It’s necessary to maintain a balance of at least $25 at all times.
AzStyle Checking Account $5 Monthly
The $5 monthly fee is waived if you have 10 or more signature based transactions using your check card.
MyStyle Checking Account $10 Monthly
The monthly fee is waived if you are enrolled in eStatements and receive a direct deposit of $250 or more
There are also the HighStyle checking account that has a $15 monthly fee which is waived if you have a balance above $5,000 and teen checking or iStyle account for those between 13-23 which is free.
Early Account Closure Fee
If the account is closed within 6 months then you will forfeit the $100 bonus.
Our Verdict
Bonus is not worth considering due to the hard pull, would be much better off getting a credit card with a cash sign up bonus instead. There are also much better new checking account promos as well. In previous years the same credit union has offered a flat $200 bonus to the person signing up 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
