Offer at a glance
- Maximum bonus amount: $100
- Availability: Colorado only. You must also live work or worship in select areas to qualify
- Direct deposit required: Yes, you need to deposit your full paycheck to get the bonus (this is manually checked via paystubs)
- Additional requirements: Enroll in eStatements
- Hard/soft pull: Hard
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: 6 months, $25
- Expiration date: None specified
The Offer
- Open a free checking account with Public Service Credit Union (PSCU) and receive a $100 Visa gift card when you enroll in eStatements and receive a direct deposit. Your account must be opened in person, you can view locations here.
The Fine Print
- Limit of one new checking account, you must not have had a checking account with PSCU in the last 12 months or received a Visa gift card in conjuction with this promotion.
- Offer may end and subject to change at any time
- Requirements for bonus must be completed within 60 days
- Qualified direct deposits are payroll or other recurring deposit
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them, the full value ($100) of this gift card will be reported
Avoiding Fees
There is no monthly service fees on the free checking account. If you close your account within six months you will be charged an early account termination fee of $25.
Our Verdict
This is yet another credit union with not much known about it. I’ve contacted them to see if they do a hard or soft pull to open an account. That being said even if it is a soft pull I personally wouldn’t bother with this bonus as they manually check to see if you are depositing your whole pay check. There are much better offers out there that you could take advantage of instead, so check one of those out. This offer has been added to our list of state specific bank bonuses which can always be viewed by clicking here.
