This offer has expired, view the best current checking bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $250
- Availability:Â OK & KS
- Direct deposit required:Â Yes, $500+ within 45 days
- Additional requirements:Â See below
- Hard/soft pull:Â Soft pull
- ChexSystems: Unknown
- Credit card funding:Â Can fund each account up to $500 (Visa & Mastercard). Might be able to fund more
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â November 26th, 2018
Contents
The Offer
- Communication Federal Credit Union is offering a bonus of $250 when you complete the following requirements:
- Enter promo code BF18 when applying online
- Open a checking account and money market account (no minimum)
- Complete the following requirements within 45 days of account opening:
- Enroll in e-statements
- 12 debit card transactions
- Receive a direct deposit of at least $250
The Fine Print
- Offer expires 11/26/2018. May not be combined with other offers.
- Member must enroll in eStatements, have a minimum of $500 deposited to the account through direct deposit and perform 12 debit card transactions within the first 45 days the account is opened.
- Incentive will be paid within 60 days of account opening once qualifications are met and will be deposited into savings account.
- Must be member’s first checking account with CFCU.
- Members who receive more than $600 in incentives annually will receive a 1099-Misc.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Neither of these accounts have any monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find any fee schedule, so I’m unsure if there is any early account termination fee or not.
Our Verdict
Previous best deal was $100. This offer is significantly better. I do think this one is worth doing if you live in an eligible area, looks like you can also join by donating $5 to an organization but I think it’s still restricted to just KS & OK. I’ll be adding this to our list of the best checking bonuses.
Big thanks to reader, Laszlo T who let us know. Learn how to find bonuses and contribute to the site here.
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
Will:
Bonus is back for 2019. Only $150 now. Promo code CH19. Open by 4/30/19.
Requires:
– e-statements
– direct deposit at least $1500 within 90 days
– 15 debits >$5
https://www.comfedcu.org/new-checking-bonus-150/
Bonus posted today
vanguard sell investment counts as DD
Serve counts as a DD. Received an email tonight saying what requirements I had completed so far for the bonus
Funded $510 with Chase SW biz
Thanks, added DP
Anyone receive the debit card yet? Submitted the documents 2 weeks ago and haven’t received it.
I received mine about a week after opening the account.
Thanks. Called and found out they hadn’t ordered the card
Took this joke of a bank 45 days to give me a debit card. Doubt I’ll get the bonus now
Successfully funded Checking and Money Market for 2500 using CSP.
Money Market 2k minimum funding. Allowed CC and is now pending.
Approved pending signature card. Printed, signed, notarized, scanned and uploaded one. Hard pull on Equifax. Waiting to be fully available to set up direct deposit form work.
Fully approved, signed up for online access. Added DD from work, will see how it goes.
How long did it take after submitting the signature card?
A couple of days probably. They also called me, greeted and reminded to sign up for e-statements (among other things) so that I qualify for the $250 bonus. So nice of them!
Do they email the signature card? I’m not seeing it on the site to download
Applied Sunday evening. The “Pending” email I got after submitting the app said it could take around 48 hours for the app to be reviewed. Heard nothing back through last night.
But just this morning I got a CK email alert of an EQ hard pull. 10 minutes later I got an email from CFCU that my account was approved. When I logged back in to my application, the link to print the signature card was there. Kind of annoying to have to go have it notarized.
I never did see a list of what documents they consider suitable for the two IDs–did anyone else? I guess I’ll go ahead and use my passport and DL just to be on the safe side.
Thanks for the update.
Acceptable Secondary Forms of Identification:
Social Security Card
Unexpired Auto Insurance Card with your legal name and current physical address
Local Utility Bill in your legal name and current physical address
Property Tax Bill
Current Voter Registration Card ( issued in state of residence )
Unexpired Temporary Drivers License
Unexpired Student ID Card