Offer at a glance
- Maximum bonus amount: $100
- Availability: Must live, work, or worship in Licking County, Ohio
- Direct deposit required: Optional
- Additional requirements: See below
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Expiration date: None listed
The Offer
- Receive a $100 cash bonus when you become a new member to Hopewell Federal Credit Union and complete the following requirements within the first 60 days:
- Open, order checks or obtain debit card and deposit $25 into checking account
- Sign up for a direct deposit or fund a loan (excluding Visa)
The Fine Print
- $100 bonus will be deposited within 5 business days after the account has been open for 61 days.
- Offer not available to those who have closed an account within 90 days or have a negative balance
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Hopewell offers a regular checking account that does not come with any monthly fees. In addition you’ll need to open the base share savings account which also does not have any monthly fees. I was unable to find their fee schedule, so I’m not sure if they charge any early account termination fees.
Our Verdict
This bonus is really average, it’s only for $100, it’s footprint is tiny and we don’t know much about it. To top things off the requirements aren’t the easiest to meet. When there are so many other bonuses that offer more money, I’m not sure why you’d go for this one. In any case we’ve added it to our sizable bank bonus database.
Hat tip to Maximizing Money