Deal has ended, view more checking bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $200
- Availability:Â IA
- Direct deposit required:Â Yes, $600+ within 60 daysÂ
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None listed
- Expiration date:Â June 30, 2022
Contents
The Offer
- Linn Area Credit Union is offering a $200 bonus when you open a High Yield checking account or All-In checking account and complete the following requirements:
- Use promo code COLLECT$200
- direct deposit of payroll or retirement income totaling at least $600 within the first 60 days of account opening
The Fine Print
- Offer valid 6/1/22 through 6/30/22. Must be 18 years or older. Offer is not available to Linn Area Credit Union members with an existing checking account. Receive $200 after opening a High Yield checking account or All-In checking account with a direct deposit of payroll or retirement income totaling at least $600 within the first 60 days of account opening.
- Mention promo code COLLECT$200 at time of account opening or use the promo code COLLECT$200 when applying online.
- New member must meet account and membership eligibility requirements, including maintaining a $5 minimum balance in a savings account.
- $55.00 is the minimum balance needed from new member to open an account.
- The $200 bonus will be provided as a savings account credit after the account has been open for 60 days and the credit union has verified that the promotion’s requirements have been met.
- The new checking account must show a positive balance at the time it is reviewed in order to receive the $200.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
High yield checking account has no monthly fees to worry about.
Early Account Termination Fee
According to the fee schedule there is no early account termination fee.
Our Verdict
Seems to be a relatively easy bonus, just need to know if it’s a hard or soft pull to open. If anybody goes for it then please share your experience in the comments below.
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- Introduction To ChexSystems
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I live in Linn County IA , so I’m in their area. I’ve been denied twice (first time i had to call them and they told me, second time the sent me an email). Probs chex sensitive since I’ve had a lot of bank accnts recently
Seems like a no go for people who even live in the area
Wondering if my long lost step brother is out there? Cheers ^^
no
Many Iowa banks ask you to visit the branch to complete the account application.
Whether this bank can allow you to complete the account application online?
Thanks.
“It might be easier than you think to join Linn Area Credit Union. We’ve made it possible for you to be eligible for membership by meeting any of the following requirements:
You live or work in one of the following 22 counties in Iowa:
Benton, Black Hawk, Bremer, Buchanan, Cedar, Clayton, Clinton, Delaware, Dubuque, Fayette, Iowa, Jackson, Johnson, Jones, Keokuk, Linn, Louisa, Muscatine, Poweshiek, Scott, Tama or Washington.
You’re related to an existing member.
For reals! For example, if you live in Florida (we admit, we’re a wee bit jealous) but your Brother Bob is a member of LACU, you’re eligible!”
On a separate note, I have been looking for my long-lost brother or sister whom I was separated from many years ago. Can anyone help?