Update 1/15/22: Also a link for healthcare workers. The $100 Amazon Giftcard no longer available.
Update 6/6/21: Now comes with a $100 Amazon gift card. Hat tip to G
Offer at a glance
- Maximum bonus amount:Â $200
- Availability:Â Kansas, must also work in education
- Direct deposit required:Â Yes, $500+
- Additional requirements:Â None
- 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 One
- Expiration date:Â None listed
Contents
The Offer
Direct link to offer: Educators | Healthcare
- Credit Union of America is offering a bonus of $200 when you receive a direct deposit of $500 or more within 90 days of account opening
The Fine Print
- Limited time offer valid for CUA members working in the field of education in Kansas.
- One offer per household, minimum $500 direct deposit within 90 days of account opening required.
- Incentives subject to taxation, offer subject to change.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Core account has no monthly fees to worry about.
Early Account Termination Fee
Couldn’t find any mention of an early account termination fee in the fee schedule.
Our Verdict
Nice bonus, it’s a shame it’s only open to those who are educators in Kansas. Obviously need to know if it’s a hard or soft pull.
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
This was a hard pull, unfortunately.
William Charles Bonus is back with no end date noted. https://www.cuofamerica.com/Learn-More/Educators-and-Healthcare-Workers/Checking-Account-and-Auto-Loan-Offers
Still looks like have to go into branch to become a member, but existing members can open the account online. Most of the branches are around the Wichita KS area and the center / west part of the state.
Still doesn’t look like you can apply online if you’re not an existing member.
My wife is an educator and we live in Kansas, so this seemed tailored for us. Unfortunately, you have to visit a branch in-person to become a member before opening an account.
Can also join if you work for one of many employer groups, mostly in healthcare, but does include Pepsi. Full list here: https://www.cuofamerica.com/About-Us/SEG
Looks like you can join and be a member if you are a member of the American Consumer Council. https://www.cuofamerica.com/Open-and-Apply
This now includes a $100 Amazon gift card in addition to the normal bonus, but seems there’s no way to do OOS