[Expired] [CO only] Partner Colorado Credit Union $250 Checking Bonus

Deal has ended, view more bank account bonuses by clicking here.

Offer at a glance

• Maximum bonus amount: $250 checking + $250 auto loan bonus
• Availability: Colorado only (can try to open out of state but doesn’t work according to this comment)
• Direct deposit required: No
• Additional requirements: None
• Hard/soft pull: Hard pull
• ChexSystems: Unknown
• Credit card funding: Yes, $500 checking & savings
• Monthly fees: $8, avoidable
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: October 31, 2022

The Offer

Direct link to offer

• Partner Colorado Credit Union is offering a $500 bonus. Bonus is broken down as follows:
  • $250 when you open a new elevated or elevated high interest checking account and complete the following requirements:
    • Have an opening deposit of $500
    • Activation of a Visa Debit Card and
    • enrollment in online/mobile banking
  • $250 when you take out a new auto loan of $10,000+

The Fine Print

• Subject to credit approval. Partner Colorado Credit Union membership required. 2Bonus is not available to existing Partner Colorado members. Bonus valid for new Elevated or Elevated High Interest checking accounts opened between July 15 – October 31, 2022.
• Limit one bonus per account.
• Opening deposit of $500, activation of a Visa Debit Card and enrollment in online/mobile banking are required to receive bonus. All requirements must be met within 30 days of account opening and the cash bonus will be deposited into the new checking account within 10 days of meeting qualifications. The $250 cash bonus is considered interest and is subject to IRS and other tax reporting. Other conditions and restrictions may apply. 3Subject to the terms and conditions detailed in the Guide to Benefits. Insurance products are: NOT A DEPOSIT. NOT FEDERALLY INSURED. NOT AN OBLIGATION OR GUARANTEED BY THE CREDIT UNION, ITS AFFILIATES, OR ANY GOVERNMENT AGENCY. 4Interest will continue to accrue.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Elevated High-Interest has a $8 monthly fee, this is waived with 20 debit card transactions per month and enroll in eStatements and online banking.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Shame it’s not available nationwide. Will be interesting to see how much you can actually  fund with a credit card.

Hat tip to Bockrr

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• PSA: Don’t Call The Bank
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• 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?
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