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Offer at a glance
- Maximum bonus amount:Â $400
- Availability: Membership at Stark Federal Credit Union is open to anyone who lives, works, worships or attends school in Ohio’s Stark or Carroll Counties.
- Direct deposit required:Â Optional
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems:Â Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â June 30, 2025
Contents
The Offer
- Stark Federal Credit Union is offering a $400 bonus when you open a new checking account and complete one of the following:
- Set up direct deposit and receive qualifying deposits totaling at least $1,000 within 60 days of account opening or
- make 15 Point-of-Sale transactions with your debit card within 60 days
The Fine Print
- $400 bonus will be paid via deposit into the checking account of the qualifying member during the 60-day promotional period.
- To qualify, the Stark Federal member must be 18 years of age or older. Promotion is not valid for organizations and businesses.
- The member must perform 15 point-of-sale debit card transactions or have direct deposits totaling at least $1,000 within 60 days of opening their new account to qualify. Only first-time SFCU checking account holders are eligible for this promotion.
- Bonus may appear on a 1099 tax form; Member is responsible for paying all taxes associated with the reward. This offer cannot be combined with any other promotional offer.
- Stark Federal reserves the right to cancel or modify the promotion at any time.
- Offer is valid until June 30, 2025.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
They offer a free checking account with no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule.
Our Verdict
Rare to see such a big bonus without direct deposit required. Downside is that at best you have to call to apply and you might need to go in branch. We also don’t know if it’s a hard or soft pull and available in very specific counties. Still worth doing if you’re eligible, will be added to the best checking bonus page.
Hat tip to reader Bockrr
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