Update 9/23/23: Deal is back, no end date listed
Update 1/12/23: No end date listed now
Update 10/17/22: Extended until December 31, 2022 .
Update 8/14/22: Must open between August 15 and October 16, 2022
Offer at a glance
- Maximum bonus amount: $200
- Availability: FL, GA only. Also past and present military members and their families all over the world
- Direct deposit required: Yes, no minimum mentioned
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Yes
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: None
- Household limit: None
- Expiration date: October 16, 2022
- VyStar Credit Union is offering a $175 bonus when you open a checking account and complete the following requirements:
- $25 credited within one business day of opening a VyStar free checking account
- $25 when you refer a friend who opens a free checking account (refer up to 10 friends)
- $150 for signing up for direct deposit and completing 15 debit transactions
The Fine Print
- $200 New Checking Account Cash Bonus offer valid for email or mail recipient.
- $5 deposit in a primary savings account required for membership.
- New checking account must be opened between August 15 and October 16, 2022 to qualify.
- Must mention the offer upon account opening.
- $25 credited on or around one business day following account opening, $150 credited for establishing a recurring Direct Deposit into the new checking account and completing at least 15 debit card transactions within 90 days of account opening (credit on or around 91 days from account opening), and $25 credited for referring a friend who opens a checking account (credited on or around one business day following friend’s account opening).
- Referred new member must present referring member’s contact information at time of account opening, for referring member to receive $25 incentive.
- Credit union programs, rates, services, terms and conditions are subject to change at any time without notice. Certain restrictions and limitations apply. **Posting is contingent on the originator releasing the payments into the network early. ©2022 VyStar Credit Union.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
This account has no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF or not.
Feel free to share your experiences in the comments below along with your referrals.
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