Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $100
- Availability: Open to all active and retired military plus employees, students & families in 10 local school districts. Eligible groups listed here. Can also become a member by donating any amount to the Air Force Academy Athletics
- Direct deposit required: Yes, no minimum specified or ACH
- Additional requirements:Â See below
- Hard/soft pull: Soft pull
- ChexSystems:Â Yes
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â $10, six months
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
Direct link to offer (pdf warning)
- Air Academy Federal Credit Union is offering a referral bonus of $100 to both parties when you open a new Kasasa checking account and the person opening the account completes the following requirements (looks like they might need to be done for three consecutive months):
- Have at least 12 debit card purchases post and clear
- Have at least 1 direct deposit or automatic payment (ACH) post and clear
- Be enrolled in eStatements
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
Both of the kasasa checking accounts have no monthly fees to worry about.
Early Account Termination Fee
According to the fee schedule there is an early account termination fee of $10 if closed within six months of account opening.
Our Verdict
Previously we’ve seen a bonus of $200 that didn’t require a direct deposit. That was obviously a bigger bonus and easier to meet the requirements for so not sure how interesting this bonus will be for most people. Feel free to share your referrals in the comments.
Hat tip to reader Erik (his referral code is 7HFW6E) and Morde (A72CUF)
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