Offer at a glance
- Maximum bonus amount: $100
- Availability: NJ only
- Direct deposit required: Yes, must receive on going direct deposit of $100+ per month
- Additional requirements: None
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: Yes, waive able with a direct deposit
- Early account termination fee: Unknown
- Expiration date: None specified, but might have already expired.
The Offer
- Open a diamond checking account from Garden Savings federal credit union and receive a $100 deposit when you have an active direct deposit
The Fine Print
- $100 bonus will be posted 90 days after the account is opened
- Offer does not apply to checking upgrades, only for members who have not previously had a checking at Garden Savings FCU
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There is a monthly fee on the diamond checking account, which is waived if you have a direct deposit. Unfortunately I can’t see how much the direct deposit needs to be as the fee schedule page is broken. I’m also unsure if there is an early account termination fee.
Our Verdict
I wouldn’t sign up for this bonus purely based on how bad their website is set up, key pages such as the FAQ and fee schedule pages lead to an error and the fine print is extremely poorly worded. There is also a chance that this bonus is actually over as well due to their newsletter showing an expired date back in 2011.
There are much better bonuses out there, so I’d stay away from this one with a ten foot pole. If you have any other information about this checking promotion or any others, then please don’t hesitate to contact us.
Direct link to offer | Screenshot of offer