Offer at a glance
- Maximum bonus amount: $400
- Availability: Can apply out of state for with a donation to Achieva Foundation along with one-time membership fee of $15 ($25 total)
- Direct deposit required: Yes, two $500+
- Additional requirements: See below
- Hard/soft pull: Hard pull
- ChexSystems: Unknown, Chexsystems sensitive
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: None listed
Contents
The Offer
- Achieva Credit Union is offering a $400 bonus when you open a new business checking account and complete the following requirements:
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Community checking has no monthly fees to worry about.
Early Account Termination Fee
Wasn’t able to locate a fee schedule so unsure.
Our Verdict
I can’t see any terms, but looks like it needs to be opened in branch. There was a $250 personal checking bonus in the past as well.
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