Update 1/10/24: Deal is back, this time a $400 bonus.
Offer at a glance
- Maximum bonus amount: $400
- Availability: 400 Center Drive | Superior, CO 80027
- Direct deposit required: Yes, $500+ within 90 days
- Additional requirements: See below
- Hard/soft pull: Soft
- ChexSystems: Yes. They are also sensitive
- Credit card funding: Up to $3,000+
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: Offer valid in-branch at Superior Marketplace location 1/20/23 – 3/21/23 only
Contents
The Offer
- Blue Federal Credit Union is offering a $300 bonus when you open a new checking account at their Superior Marketplace location and complete the following requirements:
- Direct Deposit of $500 per month must be applied within 90 days of opening for reward to be issued
- Enroll in eStatements
The Fine Print
- $300 new membership benefit eligible to members who have not held a Blue membership within the previous 12 months.
- Minimum $500 aggregate direct deposit per month must be credited to a checking account in the first 90 days of membership and accounts must be maintained in good standing through the qualifying period for benefit eligibility.
- Qualifying membership accounts will receive the $300 benefit in the calendar month following the 90th day of membership.
- Must be enrolled in e-statements.
- Member is responsible for any tax liability. Subject to change.
- Offers may not be combined with other, same product offers.
- Limit one bonus per social security number.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Basic checking account has no monthly fees.
They have a high interest accounts that qualify for this bonus as well:
Early Account Termination Fee
Unsure if there are any early account termination fees.
Our Verdict
Obviously very location restricted and a similar $300 bonus was available in all of CO & WY recently. I doubt you can do the online credit card funding so maybe just wait for the online offer to return at $300.
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
