Offer at a glance
- Maximum bonus amount: $150
- Availability: In branch only, only branch is in National City, CA [Branch locator]
- Direct deposit required: Yes, no minimum mentioned
- Additional requirements: 5 debit card transactions
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: Unknown
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- Paradise Valley Federal Credit Union is offering a bonus of up to $150 when you open a new checking account:
- Receive $100 when you open a new account with a debit card and 5 debit card purchases post to your account within 60 days of account opening
- Receive an additional $50 when you set up a regular direct deposit and one of these direct deposits posts to your account within 60 days of account opening
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
I wasn’t able to find out if there is any monthly fee
Early Account Termination Fee
Unsure if there is any early account termination fee or not
Our Verdict
Need to know if this is a hard or soft pull, you should be able to ask before opening the account given that this is available in branch only. We can’t add it to the best checking bonuses until we know more.
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
I opened an account today. Soft pull, no CC funding, DD of any amount, once within 60 days, 5 debit card purchases within 60 days. Must email them to remind them about the $50 for DD. Must open membership (savings account), in addition to checking. No specified minimum deposit. I did $25/$75 as I’ll be making the five purchase.
Need to maintain at least $500 balance in checking account to avoid $10 monthly fees. There is $20 fee if debit card is deactivated within 180 days.
Finally an in-branch that is a 10 minute drive from me, will be visiting branch on Tuesday. Will report back.
Oh nice. National City is just 20 minutes drive from where I live. I’ll be able to find out once I’m back in town on the weekday.