Posted by William Charles on August 19, 2017
Bank Account Bonuses

Published on August 19th, 2017 | by William Charles

0

[OH] Seven Seventeen Credit Union $100 Checking Bonus – Direct Deposit Not Required

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Must  live, work, attend school, or worship in Trumbull, Mahoning, Columbiana, Portage, Summit or Central Stark County.
  • Direct deposit required: Optional
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: It says have credit or debit card ready for funding account so I assume it’s allowed but unsure on maximum.
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None mentioned
  • Expiration date: Valid until September 30th, 2017

The Offer

Direct link to offer

  • Open a new Seven Seventeen Credit Union checking account and receive a bonus of $100 when you meet the following requirements:
    • Use promotional code BEST100
    • Open account with $25+ deposit
    • Do one of the following within 90 days of account opening:
      • Set up a recurring direct deposit of $200 or more
      • Make 30 debit card point of sale transactions
    • Sign up for eStatements

The Fine Print

  • A new primary checking account opened between 07/24/17 and 09/30/17 with an opening deposit of $25.00 or more.
  • A single, recurring direct deposit of at least $200 per month from payroll, pension, or Social Security into your new checking account OR make 30 Debit Card point-of-sale transactions, which must be transmitted and posted by close of business within 90 days of account opening.
  • You must sign up for online eStatements. Important:
  • The $100.00 cash bonus will be paid into your primary savings account after your new checking account has been opened for a minimum of 90 days and requirements above have been verified.
  • Cash bonuses are considered interest so you will receive a Form1099-INT from us for tax purposes.
  • This is a one-time offer, is non-transferrable and is not valid with any other promotion.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

They offer a free checking account with no monthly fee to worry about. I wasn’t able to find an up to date fee schedule, this old one made no mention of an early account termination fee but YMMV.

Our Verdict

Seems like a bonus worth doing if it turns out to be a soft pull, especially if the credit card funding is decent. As always if anybody goes for this bonus then please share your data points in the comments below.

Useful posts regarding bank bonuses:



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑