[PA only] U$X Federal Credit Union $100

Offer at a glance

• Maximum bonus amount: $100
• Availability: Doesn’t seem possible to open online, so must be in branch only. All branches are in PA [Branch locations]
• Direct deposit required: Yes, must be net paycheck
• Additional requirements: None
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: $25, 90 days
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• U$X Federal Credit Union is offering a bonus of $100 when you open a new FREE Checking or Members Plus Checking and complete the following requirements:
  • Receive a direct deposit (employer net check direct deposit) within 60 days of account opening. If you don’t have an employer that offers a direct deposit you must deposit a minimum of $500 per month into the checking account

The Fine Print

• To receive the $100.00 cash bonus for direct deposit, employer net check direct deposit must start within 60 days of new account opening.
• Members who have employers that don’t offer direct deposit must deposit a minimum of $500.00 per month into the checking account.
• USX FCU will determine if this requirement is being met by evaluating the deposit history.
• 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

If the account is closed within 90 days you have to pay a $25 fee.

Our Verdict

Relatively low bonus and it seems like they might check to ensure you’re depositing your full pay. We need to know if it’s a soft pull to open, but even if it is it isn’t a great bonus so most likely won’t be adding to the best checking bonus page. As always please share your experiences with this bank in the comments below.

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