Offer at a glance
- Maximum bonus amount:Â $121
- Availability:Â Must live, work or attend school in one of the following counties in FL: Duval, Clay, St. Johns, Nassau, Baker, Columbia, Union, Bradford, Alachua, Putnam, Flagler
- Direct deposit required:Â Yes, $200+
- Additional requirements:Â None listed
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- 121 Financial Credit Union is offering a bonus of $121 when you open a new checking account and receive a direct deposit of at least $200 per pay period
The Fine Print
- This is a limited time offer and may be canceled at any time.
- Other terms and conditions may apply.
- See credit union for full details.
- Must be a new member in good standing with 121 Financial to qualify.
- Member receives the $121 when direct deposit of at least $200 per pay period has been established and confirmed by the Credit Union.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
I think the basic checking account has no monthly fees?
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not.
Our Verdict
Need to know if it’s a hard or soft pull to open before passing judgement, if anybody goes for this offer then please share your experiences in the comments below.
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
Later this year, Vystar CU is absorbing/merging with this credit union.
https://www.businesswire.com/news/home/20230420005376/en/VyStar-Credit-Union-Announces-Intent-to-Merge-with-121-Financial-Credit-Union
$121 & probably with a hard pull..they could have at least doubled it
Why you assuming hard pull?
nope, I have no idea