Offer at a glance
- Maximum bonus amount:Â $300
- Availability:Account must be opened in-person at the 12001 NW Expressway branch in Piedmont.
- Direct deposit required:Â Yes, $3,000+ within 90 days
- Additional requirements:Â See below
- Hard/soft pull:Â Mixed DP
- ChexSystems:Â Unknown
- Credit card funding:Â Can fund each account up to $500Â (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: 7/15/2024
Contents
The Offer
- Communication Federal Credit Union is offering a bonus of $500 when you complete the following requirements:
- Use promo code PD24
- Set up a qualifying direct deposit of at least $3,000
- Enroll in eStatements
- make 30 qualifying debit card purchases
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no 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
Better than the previous $300 deal, unfortunately only at a single branch.
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
Lol at 30dc spend of 30 each.
Yeah, that’s a high requirement. The $300 offer that I did last December only required them to be $10+.
Is sending $30 to P2 via Venmo 30 times really that hard? 👀