Offer at a glance
- Maximum bonus amount:Â $200
- Availability:Â Must be 16-24 and a student , IN only
- Direct deposit required:Â No
- Additional requirements:Â See below
- Hard/soft pull: Hard pull
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- Allegius Credit Union is offering a bonus of up to $200 to people who are attending school and aged 16 to 24. Bonus is broken down as follows:
- Must use promo code BTS
- Get $50 for becoming a new member and a further $50 approximately 60 days after date of account opening (must receive a minimum automatic deposit of at least $50 per month during this period)
- Get $50 for opening a new Kasasa cash back checking account and a further $50 approximately 60 days after date of account opening (must receive a minimum automatic deposit of at least $50 per month during this period)
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
Kasasa cash back checking account has no monthly fees to worry about
Membership Fee
Need to have an immediate family member that is a part of a credit union, work in one of the select employer groups or pay $25 to join the independent cat society
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee
Our Verdict
Seems to be a good bonus if you’re eligible, but it’s obviously very narrowly targeted. We also don’t know if it’s a hard or soft pull to open the account. If anybody goes for this, please share your experiences in the comments below.
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
