Posted by William Charles on April 9, 2019
Bank Account Bonuses

Published on April 9th, 2019 | by William Charles

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[Expired] [Select CA only] Desert Community Bank $250 Checking Bonus – Direct Deposit Optional

Deal has expired, view the best current checking bonuses by clicking here.

Offer at a glance

  • Maximum bonus amount: $250
  • Availability: In branch only, all branches are in CA [Branch locator]
  • Direct deposit required: Optional
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $5, avoidable
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: April 14th, 2019

The Offer

Direct link to offer

  • Desert Community Bank is offering a bonus of $250 when you complete the following requirements:
    • Visit a branch and open a DCB Value Checking account with $50 or more
    • Maintain a positive end-of-day balance for the first 90 days (no minimum balance required)
    • Set up a recurring direct deposit OR schedule three or more recurring electronic payments within 60 days of account opening

The Fine Print

  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

DCB Value checking has a $5 monthly fee, this is waived with an average daily collected balance of $1,500+

Early Account Termination Fee

According to the fee schedule there is an early account termination fee of $15 if closed within 180 days of account opening.

Our Verdict

Always good to see bonuses with no direct deposit requirements, we still need to know if it’s a hard or soft pull to open. If anybody goes for this bonus then please share your experiences in the comments below.

Useful posts regarding bank bonuses:



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artgriego
artgriego

to save a lot of excited people a click, all branches are in san bernardino county north of the mountains.

Colin
Colin

No kidding. I thought there might be something near San Bernardino but nope, all Victorville area

Matt
Matt

I always assume whenever doc posts a (CA only) link it’s going to be outside of my geographic area. People should probably know by now that this is what happens 99% of the time lol. Not that I blame him, but I think something like (Select CA only) would be a good warning. Just a suggestion though 🙂

Lord Rupert Everton
Lord Rupert Everton

Well, if you’re driving to vegas from socal it might be worth the stop

Looney Tunes
Looney Tunes

Found their fee schedule here: https://dcbk.org/content/dam/dcb/customer-support/home/pdfs/DisclosureGuide.pdf

They do have a $15 early account termination fee if account is closed within 180 days of opening.

MoreSun
MoreSun

Barstow?! Dang do they live up to their name!

Looney Tunes
Looney Tunes

Called to get some further info from the bank since they are about an hour away from me.

1) This promotion goes until April 30
2) You have to bring the ad in when opening the account, a copy of the ad is sufficient
3) They only do a hard pull if you authorize it when opening the account
4) They do pull Chexsystems, didn’t know how to ask if they are Chex sensitive so that’s unknown
5) They do not allow using a credit card for the initial funding, cash or check only
6) The direct deposit can be an ACH transfer from another bank in any amount, she read that to me

I might give it a try before the end of the month, just worried about their Chex sensitivity since there aren’t any DP’s on this bank and I have quite a few accounts this past year. They are a division of Flagstar Bank and the DP’s for them are mixed so not sure if that helps.

Doesn’t sound too bad if you are near one of their branches or passing through the area to give it a try.

Closertothesun
Closertothesun

3) They only do a hard pull if you authorize it when opening the account

Is this a overdraft protection vs no overdraft protection type of thing? It sounds like it’s purely elective, like “do you want a hard pull?”

Thanks for checking, btw.

Mimi
Mimi

Regarding HP and ODP enrollment:

A lot of FIs may not do HP if one opts out of overdraft protection; it is best to clarify with the banker regarding this matter. I consider ODP in favor of the bank since I get charged penalty fee PLUS whatever amount I didn’t have that they paid for me for transactions to go through. Whereas without ODP, transaction is declined if I don’t have sufficient funds and no penalties for me.

Closertothesun
Closertothesun

Yes, I think along these lines as well. Just wondering if that’s the context of “only hard pull if authorized.” I will probably try for it this weekend myself, or next, depending. But if someone already can verify HP can be avoided…

Looney Tunes
Looney Tunes

@Closertothesun the person I spoke with said they ask for your permission to run a credit check so they can target you for a credit card or loan, things along that line; and yes, it sounded as easy as “do you want a hard pull”. She didn’t mention overdraft and I didn’t think to ask that question.

Might go to that branch tomorrow so will update once that’s done.

Closertothesun
Closertothesun

Thanks for clarifying. Also planning on going tomorrow.

The person I spoke with said the ad as linked by DoC would work, as well.

Looney Tunes
Looney Tunes

Opened account at the Phelan branch without any problems. They can’t be too chex sensitive since I opened 5 accounts in the last 4 months and close to 15 in the past year.

She did ask if I would allow a “soft” credit check in order to offer me information on credit cards and loans but I refused without any problem, didn’t mention a “hard” pull

Was able to opt out of overdraft and something they call Bounce Protection.

Confirmed that the bonus is available until April 30.

She also said that once the bonus is received and since I’m over 55 years old, that I can upgrade the account to the DCB Diamond Club Checking that doesn’t have any maintenance fees or minimum balances. Since the account has to remain open for 180 days or she said the bonus would be taken back, would make sense to do the upgrade to avoid the fees for the last three months.

She said that the bonus should be paid within 10 days after the 90 day requirement is reached.

She also said that even if you live out of state you can open the account if you are in the area.

Did have trouble getting the online banking to work and the chat agent said it was because the branch didn’t complete the process for registering the account so suggest setting that up at the branch to get it working correctly. I had to spend some time with the chat agent to get it corrected but finally did.

They are a division of Flagstar Bank and their websites are strangely aligned together so think they have some work to do on that. In fact, when you logon from the DCG.org website, you first see Flagstar before it gets to the DCB site and then when you log off from the DCB account, it takes you to the Flagstar login screen where you can also logon from, I just find it annoying.

One final thing, their site is browser sensitive. I couldn’t get Firefox, Avast or Chrome to let me login though Opera and Microsoft Edge does work.

Looney Tunes
Looney Tunes

One other thing I forgot. The first month’s fee is not waived automatically but was told if the fee is received that I could call her and she would manually waive it.

All Rise
All Rise

Are there any other bank bonuses in the Riverside/Ontario I-15 area along the way that accepts in branch applications from out of town churners? I’m considering driving up there, a multi-stop drive would make it more worthwhile.

Chris
Chris

Has anyone received their bonus yet? I opened my account April 13th, and set up $25 DD through my employer starting 4/26…

Looney Tunes
Looney Tunes

Just received the $250 bonus today showing as a “Descriptive Deposit Promotional Credit”.

Account opened on 4/12, $100 transferred from Chase on 5/15 (also on 6/15 and 7/15 to show a recurring deposit) and did three bill pays each month (to show recurring bill pays) and kept $1500 for 90 days to avoid fees and meet the final requirement on 7/12.

Will call and PC to Diamond Club Checking for those over 55 to avoid fees for the next 3 months before closing account.

Chris
Chris

Thanks – my bonus came in yesterday!

Looney Tunes
Looney Tunes

Cool

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