Offer at a glance
- Maximum bonus amount: $100
- Availability: Must open account in branch, both are in MI [Branch locator]. First General Credit Union offers membership to anyone who lives, works, worships, or attends school in Muskegon, Oceana, Ottawa, Newaygo, or Kent counties.
- Direct deposit required: Yes, $500+ monthly
- Additional requirements: eStatements
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: UnknownÂ
- Monthly fees: None
- Early account termination fee: Must be kept open for six months
- Expiration date: None listed
- Household limit: None listed
The Offer
- Open a new First General Credit Union checking account and receive a sign up bonus of $100 when you complete the following requirements:
- Have a monthly direct deposit of at least $500
- Remain open and in good standing for 6 months
- Receive E-Statements
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
They offer a free checking account with no monthly fees. You need to keep the account open for six months to get the bonus, I’m not sure if there are any other early account termination fees involved or not.
Our Verdict
Little bit annoying you have to open in branch, hard to comment if this is a good deal or not due to the fact we don’t know if it’s hard/soft pull. Upside is there is no monthly fees to worry about. For now we are not adding it to our list of the best bank account bonuses.
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
