Update 3/24/26: There is a new bonus for $350. Valid until May 14, 2026. Hat tip to reader Bockrr
Update 1/2/24: March 31, 2024
Update 11/30/23: extended until 12/31/23
Update 11/13/23: Extended until November 30, 2023.
Offer at a glance
- Maximum bonus amount: $750
- Availability: live, work, worship, or attend school in the communities we serve in NY
- Direct deposit required: Yes, $150+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee:$15 fee for account closed within 0-3 month
- Household limit: None
- Expiration date: October 31, 2023
Contents
The Offer
- Broadview Federal Credit Union is offering a checking bonus of up to $350.
- Receive a direct deposit of $1,000+ within 45 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
Checking account has no monthly fees to worry about.
Early Account Termination Fee
$15 fee for account closed within 0-3 month
Our Verdict
Savings rates are 0.15%. In terms of the savings bonus you’re better off putting the funds into a high yield savings account earning 5%+ instead (e.g if you put the $100,000 required for a $600 bonus in a 5% account you’d earn $800+). 3 month share certificate is 3.92%, again you’re better off putting the funds into a high yield savings account ($1250 in a 5% account and $1130 total in the share certificate on the lowest tier and gets worse as you go up). The $150 direct deposit bonus is worth considering for some.
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
