Posted by William Charles on January 12, 2020
Bank Account Bonuses

Published on January 12th, 2020 | by William Charles

12

[CO only] ENT Credit Union $500 Checking Bonus

Offer at a glance

The Offer

Direct link to offer

  • ENT Credit Union is offering a bonus of $500 when you open a new checking account at their lucent service center with promo code LUCENT. Bonus is broken down as follows:
    • Receive a $300 bonus when you deposit $100 activate your debit card and set up a direct deposit
    • Receive a $200 bonus when you deposit at least $10,000 within 90 days of becoming a member and then maintain the funds for 90 days.

The Fine Print

  • Account qualifications apply.
  • Please allow two (2) business days after the completion of requirements to receive a deposit of your reward into the new Ent Savings Account.
  • Account must be in good standing to receive the reward.
  • The reward will be tax reportable.
  • Rewards are limited to one unique primary owner per new account.
  • Accounts closed within 90 days of account opening will be charged a $10 early closure fee.
  • Offer may be withdrawn at any time and is subject to change at Ent’s sole discretion.
  • Accounts must be opened by March 31, 2020.
  • The new member joining the credit union must be the primary owner of a new Ent Checking Account and can not have an existing account relationship with Ent.
  • Offer ends March 31, 2020.
  • Must present this flyer at account opening.
  • The primary owner is the owner whose Social Security number is on the account and is used for tax reporting purposes. Ent employees, officials and members of their immediate families are not eligible.
  • New primary member owner must be 18 or older, meet account qualifications, hold $5 in a savings account, make a minimum deposit of $100 into their new checking account, activate their debit card and set up a direct deposit within 30 days of account opening.
  • The new member has 90 calendar days from the day the account is opened to deposit a minimum of $10,000 and maintain the $10,000 balance for 90 additional calendar days. The total deposit of funds will be a total of all shares in the new account.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The free checking account has no monthly fees to worry about.

Early Account Termination Fee

If the account is closed within 90 days a $10 early closure fee will be charged

Our Verdict

Seems like a good deal, even if you only do the portion that doesn’t require the $10,000 to be deposited. Previously the best bonus was $200. We will add this to our list of the best highly regional specific  bank bonuses.

Useful posts regarding bank bonuses:



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scott
scott

Should add “in-branch” to post title. Doubt CC funding will be possible if funded in person.

Tom
Tom

Kind of cryptic fine print: “Account qualifications apply” — what is that supposed to mean?

Also, “Must present this flyer at account opening” suggests that it may have been intended to be targeted.

I live in an eligible county and will give this a shot, but I am not that optimistic ….

Tim
Tim

Confused. If I have a Colorado house (Summit county) that is 80+ miles away from Highland Ranch but if I stop by the branch the next time I am in the area and try to open an account will they give me the deal or am I outside the highly regional offer area? A $500 bonus is worth a couple hours of my time but I also don’t want to do the drive and be rejected. Appreciate feedback from anyone that has gone for this bonus.

Ryan
Ryan

Requires you to bring in a targeted mailer into the specific branch fyi.

Johny Utah
Johny Utah

Not true. I live in Denver and you can print out the promotion and bring it in to any ENT branch to be honored. This isn’t branch specific.

Ryan
Ryan

Hmmm I live in Denver as well.. csr over phone told me you needed to bring in a mailer to specific branch. What branch did you try it in?

Ryan
Ryan

Went into a branch downtown with print out and that worked. Sorry for the confusion!

Dodik
Dodik

Were they fine with you presenting a Lucent branch’s flyer? Did you go to the one on the 17th street?

JR
JR

Which branch did you go to? I live in Golden, and work in downtown Denver, and would love to save a drive out to Highlands Ranch!

JR
JR

Which branch did you go to? I live in Golden, and would love to save a drive to Highlands Ranch!

Ismael
Ismael

opened new acct. Got $300 bonus the very next day after opening. However, I made initial deposit with Citi Prestige and it coded as cash advance.

ac5a
ac5a

Opened in branch, CC fundings codes as cash advance (freedom unlimited)

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