Posted by William Charles on October 6, 2017
Bank Account Bonuses

Published on October 6th, 2017 | by William Charles

19

Orange County’s Credit Union $100 Checking Bonus – Direct Deposit Not Required [CA only]

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Must Live or work in Orange County, Riverside County, Long Beach, Cerritos, Signal Hill, or Lakewood, or related to current member.
  • Direct deposit required: Optional
  • Additional requirements: See below
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding: Up to $500, Visa or Mastercard (possibly none with in branch opening required)
  • Monthly fees: $6, waivable
  • Early account termination fee: 90 days, bonus forfeit
  • Household limit: None listed
  • Expiration date: April 30th, 2017 November 4th, 2017

The Offer

No direct link, but seems public based on this image.

  • Orange County Credit Union are offering a bonus of $100 when you open a new account and complete the following requirements:
    • Use promo code MEGA100 online or present flyer in branch
    • Enroll in eStatements
    • Qualify for a debit mastercard
    • Set up and receive a direct deposit or make 5 debit card purchases within 60 days of account opening

 

The Fine Print

  • Receive a $100 bonus with a new checking account.
  • Normal approval standards apply. Offer is available to “new” Members only.
  • Must open a personal checking account, enroll in e-Statements, sign up and qualify for a Debit MasterCard, and either set up and receive Direct Deposit or make 5 Debit Card purchases within 60 days.
  • Bonus typically paid within 90 days.
  • Bonus represents dividends deposited into your account and may be reported to the IRS. Any taxes are your responsibility.
  • The new checking account must remain open for 90 days or bonus may be reversed.
  • Min. opening deposit is $25 for all accounts except Better Than Free which has no minimum. Membership fee is $5. Federally insured by NCUA.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

They no longer offer a free checking account, the easiest account to keep fee free is the basic account. This has a $6 fee that is waived if with an average daily balance of $750+ or with a direct deposit. You do need to keep the account open for 90 days, otherwise the bonus will be forfeit.

Our Verdict

They have offered other $100 bonuses in the past and you used to be able to fund with a credit card up to $5,000 but that was reduced to only $500. Given that this one can be opened online, can be funded with a credit card for a small amount and direct deposit isn’t required I’m going to add this to the best bonus list.

Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:



19 Responses to Orange County’s Credit Union $100 Checking Bonus – Direct Deposit Not Required [CA only]

  1. NinjaX says:

    how many docs readers are around the OC area? lets meet up!

    judging from the rape of OD/OM and other stores, I know there are tons of you. dont lie.

    • R says:

      I am here but what’s rape of OD/OM?

    • chaseaholic says:

      “the rape of OD/OM”

      haha oh man in the bay we have the rape of 7-11 currently.

      wiped out VGCs and PPMCs everywhere, don’t even know if I can still max my remaining Freedoms

      • R says:

        Where do you get the MO with MCs? Walmart Irvine refused!!!!!

      • NinjaX says:

        wait wait. VGC at 7-11 via CC? no fukn way! i tried it all over ghetto bay area and all refused. cash only. man, so you must have the secret fountains of youth. maybe you doing rich areas like Palo Alto or Walnut Creek? i havent tried those yet.

  2. Sam says:

    I did this last time online and completed the requirements but never received the bonus.

  3. Sandra D says:

    Hi! I’m an Orange County’s Credit Union employee and just want to clarify some things on this offer. It’s available at ANY branch including online. Yay! Also the $100 is deposited within 90 days if the requirements are met. @Sam, I’d love to talk to you and do some research as to why you didn’t get your incentive. Email us! friends@orangecountyscu.org

  4. NinjaX says:

    people need to stop referencing this blog when talking to financial institutions. its bad enough already…

  5. Dan says:

    any data points on whether a P2P ACH transfer will trigger Direct Deposit requirements?

  6. Jessy says:

    FYI their website says that DD is required to wave monthly fees for the “Better Than Free” Checking account.

  7. Steven says:

    Checking Fees effective September 1, 2016

    Checking Accounts – Basic Checking,
    monthly service fee waived with minimum
    average daily balance of $750 or
    direct deposit (A,B,X) . . . . . . . . . . . . . . . .
    $6.00
    Checking Accounts – Interest Checking,
    monthly service fee waived with minimum
    average daily balance of $1,400 or
    direct deposit (A,B,X) . . . . . . . . . . . . . . . .
    $8.00
    Online Bill Payment . . . . . . . . . . . . . . . . .
    FREE

    Reference: https://www.orangecountyscu.org/globalassets/pdf-files/disclosures/disc-fee-schedule.pdf

  8. MH says:

    I didn’t see this earlier this year.. But does anyone think A B B C C banks are not monitoring these and other blogs as well? With the new polices aimed at churning and now bonus spend and RAT teams I guarantee it.

    ………………….

    Sandra D says:
    March 27, 2017 at 12:29 pm

    Hi! I’m an Orange County’s Credit Union employee and just want to clarify some things on this offer. It’s available at ANY branch including online. Yay! Also the $100 is deposited within 90 days if the requirements are met. @Sam, I’d love to talk to you and do some research as to why you didn’t get your incentive. Email us! friends@orangecountyscu.org

  9. harry nguyen says:

    I’m from the bay area, Oakland. Would I be eligible for this offer? Thanks.

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