Offer at a glance
- Maximum bonus amount:Â $200
- Availability: Select counties in KY.
- Direct deposit required:Â Yes, $800+
- Additional requirements: See below
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None with eStatements
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- Transcend Credit Union is offering a $200 checking bonus when you complete the following requirements:
- Perform 20 debit card transactions
- Set up direct deposit of $800+
The Fine Print
- New member accounts only.
- One per person limited time offer.
- Valid only on GoGreen, Rate Rewards, Benefits, Classic, Prestige, and Anew checking accounts.
- Not valid with other offers.
- $5 minimum balance required in regular savings account to open and maintain Transcend CU membership in good standing.
- Must perform 20 combined check, ePay, is nature-based debit card transactions and have an aggregate direct deposit of $800 or more in any one month during first 90 days of membership. Bonus will be paid within 90 days of membership opening.
- Bonus will be deposited to Savings account at Savings APY then effective.
- Bonus may be taxable as interest income and reported on IRS Form 1099-INT.
- Consult your tax advisor.
- Interest rates are variable and subject to change.
- Additionally, fees may reduce earnings on account. All terms and conditions subject to change without notice.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
GoGreen has no monthly fees to worry about as long as you opt in for paperless statements.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any early account termination fee or not.
Our Verdict
Seems to be a good deal if it’s a soft pull, feel free to 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
