Published on May 17th, 2017 | by William Charles7
[KS only] Heartland Credit Union $100 Checking Bonus
Offer at a glance
- Maximum bonus amount: $100
- Availability: You or a family member must live, work, worship or attend school in one of these counties Kansas: arton, Butler, Dickinson, Ellsworth, Franklin, Geary, Harvey, Kingman, Lincoln, Lyon, McPherson, Marion, Miami, Mitchell, Osage, Ottawa, Pottawatomie, Pratt, Reno, Rice, Riley, Saline, Sedgwick, Stafford, and Wabaunsee
- Direct deposit required: Yes, two months (no minimum specified)
- Additional requirements: 5 debit or credit card transactions for two months
- Hard/soft pull: Hard pull
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: $10, avoidable
- Early account termination fee: $20, six months
- Household limit: None listed
- Expiration date: None listed
- Open a new Premier Checking Account with Heartland Credit Union and receive a bonus of $100 when you complete the following requirements:
- Receive a direct deposit and complete 5 debit or credit card transactions each month for two months
The Fine Print
- New HCU Premier Checking accounts with payroll direct deposit and minimum 5 debit or credit card transactions each month for two months.
- Bonus will be paid on the last day of the second month.
- Annual Percentage Yield .10%-.30%, based on deposit level.
- Member cannot have HCU checking prior to May 1, 2017.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
The premier checking account has a monthly fee of $10, this fee is waived if you a daily account balance of $1,000 or more or when you use your Heartland Credit Union debit or credit card 5 times or more per month. Their fee schedule can be found here.
If your account is closed within six months you will be charged a $20 early account termination fee.
Update: Hard pull and no credit card funding make it a bad deal.
They have offered a higher bonus of $129 in the past. Hard to know if this is a good or bad bonus without knowing more about the bank (e.g hard/soft pull and if they accept credit card funding). As always please share your datapoints in the comments below.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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