Offer at a glance
- Maximum bonus amount: $100
- Availability: OH only
- Direct deposit required: Yes or ACH. No minimum mentioned
- Additional requirements: Use a referral
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- OUCU Financial is offering a $100 referral bonus to both parties when you open a new checking account and complete the following requirements:
- Open a new checking account with direct deposit/ACH
The Fine Print
- The referring member must be 18 years or older and a primary OUCU member in good standing.
- Referred members must be 18 years or older, may not be current members or have been members during the previous 12 months, and must meet account criteria within 90 days of joining.
- Member’s email must match email on record; new member’s email must match the email provided in the referral program.
- OUCU employees and business accounts are not eligible to receive the promotional incentive.
- Members with annual referral awards of $2000 or greater will be issued a 1099 MISC tax form.
- The program is subject to change at any time.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
The free checking account has no monthly fees.
Early Account Termination Fee
I didn’t see any mention of any EATF in the fee schedule.
Our Verdict
Don’t share your referrals in the comments below, they can be shared in this linked thread. Make sure you share your experience with opening in the comments below first (including hard/soft and credit card funding).
Hat tip to reader Bockrr
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
