[IL, In Branch] Elite Community Credit Union $125 Checking Bonus

Update 1/29/22: Deal has been increased to $125 (from $100).

Offer at a glance

• Maximum bonus amount: $125
• Availability: IL, In branch only.
• Direct deposit required: Yes, no minimum
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: 180 days, bonus forfeit
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Elite Community Credit Union is offering a bonus of $125 when you open a new checking account and complete the following requirements:
  • Receive a direct deposit
  • Receive 10 transactions per month and receive a debit card

The Fine Print

• New checking account requires payroll, social security, or pension direct deposit, a minimum of 10 transactions per month, and a debit card in order to receive bonus.
• The cash bonus will be credited to new account after first direct deposit is credited and 10 transactions posted.
• Account must remain open for at least 180 days or cash bonus amount will be applied as a penalty during closing. Certain restrictions apply.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

Account must be kept open for at least 180 days.

Our Verdict

Needs to be opened in branch, so it should be possible to ask if it’s a hard or soft pull before opening the account.

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• Introduction To ChexSystems
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