Offer at a glance
- Maximum bonus amount: $300
- Availability: You are eligible to join BHCU if you live, work, worship or attend school in Delaware County, Pennsylvania
- Direct deposit required: Yes, $100+ for full bonus. Seems like an ACH will work.
- Additional requirements: $50 in debit card transactions & $50 in bill payments
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee:
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- BHCU is offering a bonus of up to $300 when you open a new iSave checking account. Bonus is broken down as follows (all must be done within 30 days):
- Match first ACH up to $100 (net pay or payroll allotment)
- Refund payments using bill pay up to $100
- Refund debit card purchases up to $100
The Fine Print
- BHCU will match up to $100 of member’s first ACH (Direct Deposit of Net Pay or a payroll allotment) that posts to the iSAVE Free Checking account within 30 days of opening.
- BHCU will refund up to $100 of member’s first payments using bill pay from the iSAVE Free Checking account within 30 days of opening.
- BHCU will refund up to $100 of all debit card purchases (excludes ATM withdrawals) that post to the iSAVE Free Checking account within 30 days of opening.
- All credits will be posted to the iSAVE Free Checking account within 90 days of account opening.
- This promotion is subject to change or termination without notice.
- Must be 18 years old to participate.
- Existing BHCU checking account holders are excluded from $300 offer.
- 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 couldn’t find the fee schedule so unsure if there is any early account termination fee or not.
$50 Referral Bonus
The person referring can earn $50 when the person being referred writes your name at the top of the application under “How did you learn about BHCU?” It doesn’t look like the person being referred receives anything. Feel free to share your referrals in the comments below.
Our Verdict
This is double what the previous bonus offered. Definitely worth doing if we can confirm it’s a soft pull.
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
