[Expired] [Brentwood TN Branch only] Ascend Federal Credit Union $200

This bonus has expired, click here to view the best checking account bonuses.

Offer at a glance

• Maximum bonus amount: $200
• Availability: Must open at Brentwood branch
• Direct deposit required: No
• Additional requirements: 25 debit card transactions
• Hard/soft pull: Hard 
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $3, avoidable
• Early account termination fee: $15, 60 days
• Household limit: None listed
• Expiration date: April 27th, 2018

The Offer

Direct link to offer

• Ascend Federal Credit Union is offering a bonus of $200 when you open a new checking account at their new Brentwood branch. Bonus is broken down as follows:
  • $100 for opening the account
  • $100 after you complete 25 debit card transactions [Read: How To Meet Minimum Debit & Credit Transaction Requirements]

The Fine Print

• Restrictions apply. Limit one offer per account.
• Prospective members must establish membership and open a checking account at Ascend’s Brentwood financial center.
• Members who have closed an Ascend checking account within the previous 12 months are not eligible for this offer.
• The membership drive offer is only open to prospective members of Ascend who are 18 years or older. Ascend employees, their immediate family members, Ascend volunteers, existing members, and Board members are not eligible for this offer.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

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

Our Verdict

Sadly it’s a hard pull otherwise it would definitely be worth doing as there is no direct deposit requirement and should be quite easy for most people to meet the debit card transaction requirement. Because it’s a hard pull I don’t think it’s worth doing so won’t be adding this to our list of the best checking bonuses.

Big thanks to reader, Matt B 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