Posted by William Charles on March 1, 2016
Bank Account Bonuses

Published on March 1st, 2016 | by William Charles

1

[FL only] Power Financial Credit Union $100 Checking Bonus – No Direct Deposit Required

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: FL only, following counties qualify: Monroe, Miami Dade, Broward, Palm Beach, Martin, Sarasota, Manatee, Hillsborough and Pinellas
  • Direct deposit required: Optional
  • Additional requirements: Direct deposit or initial deposit of $500+
  • Hard/soft pull: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $4.95 monthly fee, waivable 
  • Early account termination fee: Account must remain open for 90 days
  • Expiration date: March 31st, 2016

The Offer

Direct link to offer

  • Open a Power Financial Credit Union checking or savings account and receive a $100 bonus when you complete the following:
    • Open with an initial deposit of at least $500 or direct deposit $500 or more

The Fine Print

  • Prizes will be awarded upon account meeting qualification criteria
  • New accounts require opening a checking account with direct deposit or a minimum initial deposit of $500
  • Checking account must remain open for 90 days
  • Membership required; $5 membership deposit. Membership is open to all residents of Monroe, Miami Dade, Broward, Palm Beach, Martin, Sarasota, Manatee, Hillsborough and Pinellas Counties; as well as, friends and family of current members
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Regular Checking has a $4.95 monthly fee and is the easiest account to keep fee free, to avoid the monthly fee you need to use their SecureLink Bill Pay at least once per month. You also need to keep the account open for 90 days to avoid any early account termination fee.

Our Verdict

Pretty easy bonus to meet and the requirements to keep the account fee free are easy as well. If it’s a soft pull then I’d definitely recommend it to people who live in the qualifying area. Please share your experiences with this bank in the post below. A list of the best bank bonuses is found here.

Useful posts regarding bank bonuses:



1
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
jevans189
jevans189

4% charge for credit card initial funding. No thanks!

Back to Top ↑