[NM, CA, AZ, TX, CO] Sunward $225 Checking Bonus

This was previously called SLFCU

Offer at a glance

• Maximum bonus amount: $225
• Availability: NM, CA, AZ, TX, CO. Must be American Consumer Council member, free to join.
• Direct deposit required: Yes, any ACH credit will work
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Yes
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: None listed

The Offer

Direct link to offer

• Sunward is offering a $225 bonus when you open a new checking account and complete the following requirements:
  • Open a Quick Cash or Money Manager Checking account and complete at least one qualifying debit transaction (point of sale, check, bill pay, ACH debit, ATM transaction) on the checking account within 90 days of account opening.
  • Must make an aggregate of $500 or more in qualifying deposits for two consecutive months into a checking or savings account within the first 90 days of account opening.

The Fine Print

• Qualifying Deposits: cash, checks, ACH direct deposits (payroll, pension or government benefits), and P2P transfers.
• Non-Qualifying Deposits: dividends, merchant POS returns, ledger corrections, and internal transfers.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Money manager has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find any mention of any EATF in the fee schedule.

Our Verdict

Feel free to share your referrals in the comments below.

Hat tip to reader Karl

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