Deal has expired, view more US Alliance Financial deals by clicking here.
Deal is back for 2018. Valid until December 31st, 2018.
Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â Apparently nationwide according to the comments
- Direct deposit required:Â Yes, $250+
- Additional requirements:Â Call them
- Hard/soft pull:Â Soft pull
- ChexSystems: Unknown
- Credit card funding:Â Yes, up to $100
- Monthly fees:Â None
- Early account termination fee:Â $25, six months
- Household limit:Â None mentioned
- Expiration date:Â
Valid until July 10th, 2017 November 30th, 2018December 31st, 2018
The Offer
- US Alliance Financial are offering a bonus of $100 when you open a new MyLife Checking account and complete the following requirements:
- Use promo code HOLIDAYCHK18
- Set up a recurring direct deposit of $250 or more within 30 days of account opening
The Fine Print
- One offer per unique member number.
- Valid for new MyLife Checking accounts opened from November 1, 2018 through November 30, 2018.
- USALLIANCE members with established MyLife or SMA Checking accounts and employees do not qualify for this promotion.
- Offer subject to change at any time.
- Restrictions and limitations may apply.
- USALLIANCE reserves the right to alter promotion timing and conditions without notice.
- Promotion cannot be combined with other offers, rates or discounts.
- Minimum direct deposit of $250 per month is required to qualify. $100 will be deposited to the member’s MyLife Checking account within 30 days of receipt of first direct deposit.
- Direct deposit must be activated within 60 days of opening to receive funds.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
This account has no monthly fee to worry about. According to the fee schedule you will be charged $25 if closed within six months of account opening.
Referral Bonus
Update: Multiple phone reps are saying it’s not stackable. Try to stack at your own risk.
Apparently it’s possible to get this $100 bonus as well as a $50 bonus by going through a referral. Share and find referral information here.
Our Verdict
Small bonus and does require a direct deposit. At least there is no monthly fee to worry about. Not a terrible but, but not the absolute best either. That being said I’ll still be adding it to the bottom of our best bank bonus page.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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