Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $300
- Availability:Â Nationwide with $5 donation
- Direct deposit required:Â Yes, $500+
- Additional requirements:Â See below
- Hard/soft pull:Â Mixed datapoints
- ChexSystems:Â Yes, sensitive
- Credit card funding: Up to $1,500
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â December 31, 2024
Contents
The Offer
- Premier Members Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements:
- Add a checking account with activated Visa debit card
- Enroll in eStatements
- Enroll in direct deposit (minimum of $500 per month)
The Fine Print
- New PMCU members must open a primary share savings and checking account to qualify. Existing members that do not currently have a PMCU checking account must open a new checking account to qualify.
- Enroll in eStatements.
- Recurring direct deposit(s) totaling $500 or more must be set up within 60 days of account opening. Eligible deposits include electronic transfers from your paycheck, pension, or government benefits from an employer or government agency. Person-to-person payments and micro-deposits do not qualify as direct deposits for this bonus. (Micro-deposits are small verification deposits, usually under $1, used to verify account details.)
- 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
Early Account Termination Fee
Wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Looks like they might be ChexSystems sensitive or have an issue with opening out of state. Share your experiences in the comments below
Hat tip to ShawntheShawn
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