[AZ only] OneAZ Credit Union $500 Checking Bonus
Update 3/6/20: Deal is back and valid until 6/30/20
Update 12/5/19: Bonus is back and $500 again. Being sponsored won’t work anymore as terms now state Offer available only to new OneAZ Credit Union members who are permanent residents residing in Arizona. Also this term is new: “Qualifying monthly direct deposits must continue in account for a minimum of 6 months.
Update 11/28/19: Bonus reduced to $300 again
Update 11/25/19: Now confirmed to be a soft pull. In addition there is a link for a $500 bonus instead of $300. Hat tip to Arizonapv
Offer at a glance
- Maximum bonus amount: $300
- Availability: Must be a resident or work in Arizona (or attend school, worship or volunteer)
- Direct deposit required: Yes, $1,000+, must be continued for six months
- Additional requirements: None
- Hard/soft pull:Soft pull
- ChexSystems: Unknown
- Credit card funding: Up to $500
- Monthly fees: $7, avoidable
- Early account termination fee: Bonus forfeit, six months
- Household limit: None listed
- Expiration date: December 30th, 2019
Contents
The Offer
- OneAZ Credit Union is offering a bonus of $500 when you open a new checking account and complete the following requirements:
- Have monthly direct deposit totaling $1,000 or more made to this account within 60 days of account opening
The Fine Print
- To receive the $300 bonus, you must 1) Open a NEW checking account AND 2) Have monthly direct deposit totaling $500 or more made to this account within 60 days of account opening.
- Important Information: Your direct deposit must be an electronic deposit of your paycheck, investment account, pension or government benefits (such as Social Security) from your employer or government agency.
- After all the above requirements have been met, we will deposit the $300 bonus in your new checking account within 14 business days.
- Bonuses are considered dividends and will be reported on IRS form 1099-INT (or Form 1042-S, if applicable).
- Offer is not available to existing OneAZ Credit Union members.
- This offer is not transferable and cannot be combined with any other promotions.
Avoiding Fees
Monthly Fees
Arizona checking account is the easiest to keep fee free (outside of the student account). The $7 monthly fee is waived if you do any of the following:
- One or more direct deposit transaction(s) each month OR
- ten or more debit card purchases a month OR
- minimum $2,000 aggregate average daily balance in checking, savings and/or money market deposits OR
- minimum $10,000 aggregate month-end loan balances
Early Account Termination Fee
Account must be kept open for six months otherwise you will forfeit the bonus
Our Verdict
This has now been confirmed to be a soft pull (even says so in the disclosures during sign up), I’d still opt out of overdraft protection but overall this bonus is well worth doing and we will add it to our list of the best checking bonuses.
Hat tip to reader LeSpare1
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
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Looks like anyone can join if you get a current member to sponsor you. I would like to be sponsored. https://www.oneazcu.com/about/about-us/membership/
Would love to be sponsored as well!
I also would like to be sponsored
Would love to be sponsored as well, my email is wangshen2014@gmail.com
I would as well. Much appreciate it!
jon at berkeley dot ‘edu please
Me too! 🙂 please email me girlfromhi at yahoo. Much appreciated.
I’m already a member, so I’ll have to figure out how to sponsor.
Can you sponsor me too? rmccallumucm at gmail. Appreciate it!
I’m willing to give it a shot. Can you email me and ill provide that info 🙂
Do you mind trying to sponsor me? gerde989 at gmail. Thanks!
Can you please sponsor me too? harshakanagala at gmail. Thank you !!
Please sponsor me too, i’ll make sure to return the favor urosorlovic@gmail.com
I spoke to the CS rep about the $500 offer. He claims that $1K/mo DD for 6 months must be made in order to keep the bonus. Is that info correct?
Love to be sponsored! Egads, too bad I was just in AZ yesterday. haikuhikes (AT) gmail or contact me thru my webpage. Thanks
Gadget - Bank Bonus Geek 🕵️ woo
I tracked down a DoC frequenter & AZ One customer to sponsor me… however, I did not lie and put on my application they were a family friend. I got nothing but crickets – no e-mail, no rejection letter, nothing. I didn’t bother to push the issue and let it go.
Someone on Reddit recommended saying the sponsor was a brother/sister in law, and that most places will not verify. I am just not that much of a liar, and I didn’t want to put the referrer in the position to have to lie either. Good luck if you try!
I would love to be sponsored as well 🙂
Thanks for posting this offer, it looks to be one of the easiest bonuses ever! Just placed my app-in, and will be contacted by a One-AZ rep shortly (possibly tomorrow). Love that this bonus also includes the potential to fund it with $500 via credit card, making this even sweeter! I used a Citi DC card during the application, will let you all know if there is a hard pull and whether the Citi DC card coded as a purchase once my account is open.
I’m awaiting your results before I apply. Thanks for offering to report back.
I have 2 savings accounts with OneAZ because you can have up to 6 and fund each w/$500 CC funding. Funded 1 w/BBVA CC & 1 w/CapOne QS, both posted as a purchase. Also it’s a SP on Experian, not sure about Chex
Thanks for the info. I applied today.
Good info. Any way you’d be willing to sponsor me for eligibility? jjbattoe@gmail.com
Would love to be sponsored as well, my email is wangshen2014 at gmail.com
Update: Unfortunately, my online app did not process properly and I had to go in-branch. Definitely a soft pull, they do not seem to be Chex sensitive as I had opened more than 6 bank accounts within the last 6 months, three of them being in November. Their in-branch brochure mentioned them pulling Chexsystems, but I have yet to see if they actually did.
If you could sponsor me that would be amazeballs haikuhikes (at) gmail
Love OneAz. They’re my main bank (or credit union). Might be able to convince my wife to move from WF to this now.
Can you provide a referral? my email is rmccallumucm at gmail. Thanks 🙂
love to get a sponsor
Accountant69 I’m haikuhikes (at) gmail
In the disclosures they specifically state its a soft inquiry which won’t affect your credit score.
Rats! I have 2 savings accounts w/OneAZ. I’d go to a branch & close them, no language about how long not a member, but offer expires 11/29.
Regarding the account termination fee, I found this at the bottom of the link page:
Account Closure: If the checking account is closed by the member or by OneAZ Credit Union within six months after opening, we will deduct the bonus amount from that account at closing.
Account Closure: If the checking account is closed by the member or by OneAZ Credit Union within six months after opening, we will deduct the bonus amount from that account at closing.
Could use a little bit of help so if I fund my account with a credit card for the minimum $500 to meet the requirement I will get the bonus even though it is not a direct deposit ? I’m a little confuse. thanks for the advice and thanks DoC for continuing to post these bank bonuses.
No, Read the requirements: “Your direct deposit must be an electronic deposit of your paycheck, investment account, pension or government benefits from your employer or government agency”. Your initial funding, whether by credit card, cash or check is NOT a direct deposit..
ok thanks for the reply just that I read here in the thread that someone funded their account with their cc must be for other reasons.
Funding a bank account opening deposit with a credit card is popular because it usually posts as a purchase, so with a rewards card you earn cashback or points, or with a new card with a SUB (bonus) it counts as part of the spend requirement to earn the SUB/bonus. But an opening deposit never counts as any direct deposit requirement no matter how you fund the deposit.
Schedule of fees: https://www.oneazcu.com/media/1593/consumer-fee-schedule.pdf#page=1
Just applied. They will contact me soon. Tried to use AmEx to fund, but wouldn’t work, so used BMO bank MC card. There was no option to open an Arizona chkg account, had to open Premium account – $12 monthly fee. Will have to look up min bal requirement after DDs stop.
oh – a bit of a bummer. to keep Preminum chkg fee free:
*You can avoid monthly service fees if you have:
Average daily checking account balance of $5,000 or more
OR minimum $15,000 aggregate average daily balance in checking, savings and/or money market deposits
OR minimum $20,000 aggregate month-end loan balances
Nothing about DD avoiding maint fee. will have to call them about this.
OK: called and was able to get them to change the premium chkg to az chkg. I didn’t see an option to choose the az acct during app process, but they will change it for me now, so will be easier to avoid fees.
Looks like a better $500 bonus is available as well:
https://www.oneazcu.com/500-checking-az
Wow, wish I’d known about this before applying today. Going to see if they can cancel my initial application so I can reapply with this $500 promotion.
It’s frustrating. Apply too early, miss opportunities like this where new links are found and bonuses are increased. Apply too late, and the promotion gets pulled early.
Soft pull confirmed. Says in the disclosure before you join.
any chance you can refer me? my email is lalwat@live.com
Same here. I’d love to also, but I’m in CA.
Forgot my email clocpw2@yahoo.com
Hello, any way you can refer me please??? fbohra2@gmail.com. thanks a lot.
Would you be able to sponsor me please? pf3nnig.fuchser (at) gmail
Literally signed up about 1hr before the $500 link posted. Anyway to get the $500?
Ask if they will match
please add this credit union to list of top bonus they are offering 250 and 500 https://www.bmifcu.org/newsraf.html … anyone who are interested can use my name as referral “babu ravi teja nallamothu”
Was interested until I see that it is limited to:
“BMI Federal Credit Union is available to anyone who lives, works, worships, or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County” Those are in Ohio”
I did the same so annoying 🙁
would love to be sponsored. my email is daiyuda@gmail.