[CA & TX only] Premier America Credit Union $100 Checking Bonus

Offer at a glance

• Maximum bonus amount: $100 for both parties
• Availability: Locations in California & Texas [Branch locator]. In branch only (maybe not)
• Direct deposit required: Yes, $200+
• Additional requirements: See below
• Hard/soft pull: Soft (make sure you opt out of overdraft protection)
• ChexSystems: Unknown
• Credit card funding: Yes, varies by product (at least $500)
• Monthly fees: None
• Early account termination fee: None
• Household limit:  None mentioned
• Expiration date: December 31, 2021

The Offer

Direct link to offer

• Premier America Credit Union is currently offering a $100 checking bonus when you open a new checking account and receive a direct deposit of $200 or more

The Fine Print

• $100 Head Start Savings Bonus is a promotional offer available 09/07/21 – 12/31/21.
• Monthly ACH Direct Deposit (minimum $200) must be added to account in first 45-days from account opening to qualify. Offer subject to change or end without notice.
• A deposit of $5 into a Smart Savings account is required to join Premier America Credit Union.
• For businesses, a deposit of $250 into a Business Savings account is required to join Premier America Credit Union. Federally Insured by NCUA.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Early Account Termination Fee

I wasn’t able to find an early account termination fee in their fee schedule.

Our Verdict

Previously they offered a $100 referral bonus for both parties, but that didn’t require a direct deposit. That was a great offer, but hasn’t been back since 2018. Because of that I think if you’re interested in this offer I think it’s worth doing. We will add this to our list of the best bank account bonuses.

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