Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $300
- Availability: IA, MN, NE, or a $5 donation to Habitat for Humanity
- Direct deposit required: Yes, $250+ per month in months 4-7
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: None
- Credit card funding: Can fund up to $500 with a credit card
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: None listed
Contents
The Offer
- Veridian Credit Union is offering a $300 bonus when you open a new premium checking account and complete the following requirements in months 4, 5, 6, 7 after account opening:
- Requires 15 debit card purchases averaging at least $10 each month (Transactions must settle and post to the associated card account between the first day of the month and the second to last day of the month.)
- Requires direct deposit of your net income of $250 or more each month
- Enroll in online banking or the Veridian mobile app
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
These accounts have 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.
Our Verdict
Bit annoying how this is structured as you need to remember to do the requirements in months 4-7. We also don’t know if it’s a hard or soft pull or if this bank is chexsystems sensitive. Please share your experiences below.
Hat tip to Bockrr
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
