Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $200
- Availability: Field of membership is certain counties in IA and IL
- Direct deposit required: Make 5 direct deposits of at least $250 each within 180 days of account opening.
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None listed
- Household limit: None
- Expiration date: 9/30/25
Contents
The Offer
- Ascentra Credit Union is offering a bonus of up to $200. Bonus is broken down as follows:
- Use promo code EARN375
- $25 Credit Report Review: Become a member and complete a credit report review at savings account opening.
- $50 Direct Deposit: Make 5 direct deposits of at least $250 each within 180 days of account opening.
- $75 Debit Card: Complete at least 10 transactions per month within 180 days of account opening.
- $50 Digital Banking/Mobile App & eStatements: Enroll within 30 days of account opening.
- There is more but this requires loans:
- $25 Ascentra Visa Credit Card3: Apply and accept a personal Visa Credit card at account opening.
- $50 Ascentra Visa Credit Card Balance Transfer4: Transfer balances totaling $2,500 or more within 60 days of credit card account opening.
- $100 Auto Loan5: Apply and accept an auto loan with a minimum loan amount of $5,000 within 180 days of account opening. Refinance from another lender or get a new or used auto loan with Ascentra.
The Fine Print
- Valid for personal accounts only.
- Offer is exclusive to new members only.
- The primary account holder must be 18 years of age or older, must be a new member to Ascentra and open a membership savings and checking account to qualify.
- Incentive payout will be one total amount paid 180 days after account opening based on all qualified incentives met.
- Offer qualification time runs from 6/1/25 – 9/30/25.
- Offer limited to one account per new member.
- Field of membership includes the Iowa counties of Cedar, Clinton, Delaware, Des Moines, Dubuque, Jackson, Johnson, Jones, Linn, Louisa, Muscatine, Scott and Washington and the Illinois counties of Carroll, Henry, Jo Daviess, Knox, Mercer, Peoria, Rock Island and Whiteside
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Freebee checking has no monthly fees to worry about.
Early Account Termination Fee
I didn’t find any mention of an EATF in the fee schedule.
Our Verdict
Shame that so much of the bonus requires a loan/credit card but still good to be able to get $200 I guess. If you go for this bonus share your experiences in the comments below.
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- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
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- 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?
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