Deal has ended, view more bank account bonuses by clicking here.
Update 6/14/20: Deal is back, but now requires a Premium Rewards Checking account that is harder to keep fee free. Hat tip to reader Robert
Offer at a glance
- Maximum bonus amount: $200
- Availability: Must live, work or worship in Pima, Pinal, Cochise, or Maricopa Counties, Gila River Indian Community Reservation, Arizona’s “Copper Basin” Area
- Direct deposit required: Yes, $500+
- Additional requirements: One debit card transaction
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: $2,000
- Monthly fees: $12, avoidable
- Early account termination fee: Six months, bonus forfeit
- Household limit: None listed
- Expiration date:
June 30th, 2018September 30th, 2018December 31st, 2020
Contents
The Offer
- VantageWest Credit Union is offering a bonus of 20,000 points (worth $200 when you open a new Premium Rewards checking account and complete the following requirements:
- Open account with at least $750
- Setup Direct Deposit on your account (minimum $500).
- Have at least one debit transaction within 60 days
The Fine Print
- The account must be opened between 03/01/2018 – 06/30/2018 and remain open for at least six months.
- If it is closed within 6 months of the open date you may be responsible for reimbursement of any bonus awarded.
- Offer valid for new Rewards and Rewards Plus checking accounts only.
- Members with an existing Rewards or Rewards Plus checking account are not eligible for the bonus.
- Direct deposit must be from source other than income tax return.
- Minimum opening deposit of $20.00 for Rewards checking and $100.00 for Rewards Plus Checking.
- The 20,000 points will be credited to your account within 30 days of the date the last requirement is met.
- See Vantage West Rewards Terms and Conditions for details and restrictions of the program
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Early Account Termination Fee
Account must be kept open for six months, otherwise bonus will be deducted.
Premium Rewards Checking
This account has a $12 monthly fee. This is waived if you do any of the following:
- minimum daily balance of $3,000, or
- combined average daily balance in all deposit accounts of $10,000 or
- monthly net direct deposit of $750
Rewards Checking
This is the easiest account to keep fee free. It has a $5 monthly fee. This is waived if you do any of the following:
Have an average daily balance of $1000 or moreComplete 10 or more credit and/or debit card transactions in a monthIf you have a first mortgage loan with Vantage West
Our Verdict
You might be familiar with this credit union as they also offer a credit card with 5% categories. Overall this is worth doing as it’s a soft pull and there is a nice $2,000 in credit card funding. We will add this to the best bank account bonuses.
Big thanks to reader, Spartan24 who let us know. Learn how to find bonuses and contribute to the site here.
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
