Offer at a glance
- Maximum bonus amount: $100
- Availability: In branch only? All branches are in NC [Branch locations]
- Direct deposit required: Yes, $200+
- Additional requirements: Ten debit card transactions
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None mentioned
- Household limit: None mentioned
- Expiration date: August 21st, 2017
The Offer
- Telco Community Credit Union is offering a $100 bonus when you open a checking account and complete the following requirements within 45 days of account opening:
- Receive a qualifying direct deposit of $200+
- Complete 10 debit card transactions
The Fine Print
- Account must be open on August 21, 2017
- Applies to new member accounts or existing member accounts without a checking account*
- Must be 18 years or older in order to participate
- Standard account opening requirements apply
- Minimum deposit of $5 is required to open an account
- To qualify, Direct Deposit must process within 45 days of account opening with a minimum of $200 per pay period** and make 10 debit card transactions in order to receive $100 reward
- Reward will be credited to the savings account of each member approximately 90 days after August 21, 2017
- Accounts must be open and in good standing at time of payout to receive reward
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
They have a basic checking account with no monthly fees to worry about. I wasn’t able to find any mention of an early account termination fee in the fee schedule here.
Our Verdict
One day only and we don’t know if it’s a hard or soft pull, might be worth going into a branch to find out if you live near one I guess but there are so many better bonuses out there. If anybody does go for it then please make sure to share your results in the comments below.
Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.
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
Oh it’s too bad this is a Western NC bank, I’m located in the Central part of the state.
I live in NC, but I’m in SC too see the eclipse today!