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Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â CA only
- Direct deposit required: Yes
- Additional requirements: Use promo code
- Hard/soft pull: Soft pull
- ChexSystems: No
- Credit card funding: Up to $500 (Visa & Mastercard
- Monthly fees:Â None
- Early account termination fee:Â Six months, bonus forfeit
- Household limit:Â None listed
- Expiration date:Â December 31, 2020
Contents
The Offer
- LBS Financial Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements:
- Use promo code Marina2020
- Set up a direct deposit within 60 days of account opening
The Fine Print
- New Membership requires $1 one-time fee and $5 deposit into a Share Savings account.
- Checking account requires $20 minimum deposit.
- Member must not have had a checking account relationship with LBS Financial within the last 30 days.
- Account must remain open and be in good standing.
- Minimum $100 monthly direct deposit must reflect on account within 60 days of opening. Incentive will be deposited into your Share Savings account within 30 days of the first direct deposit.
- If the checking account is closed by the Member within six months after opening, we will deduct the bonus amount at closing.
- Must be opened only at the Marina branch in person or online using Promo Code Marina2020.
- One incentive per account and household. Member responsible for all taxes on account.
- Offer good through December 31, 2020.
- Can be combined with our current loan programs but not good with any other incentive offers.
- Must be 18 or older to qualify for promotional offer.
- Promotional offer may be rescinded anytime at the discretion of LBS Financial Credit Union.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Free checking account has no monthly fees to worry about.
Early Account Termination Fee
Account needs to be kept open for six months otherwise bonus is forfeit
Our Verdict
Relatively small bonus but given it’s a soft pull still worth doing for those that have already done bigger bonuses.
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- Introduction To ChexSystems
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