Update 9/15/20: Deal is back with promo code EWAY200
Offer at a glance
- Maximum bonus amount: $200
- Availability: Star One offers membership to individuals who live, work, or attend school in Santa Clara County, as well employees of corporate sponsors, immediate family members* of current Star One members, and Star One Credit Union employees. Update: Alameda County, Merced County, Monterey County, San Benito County, San Joaquin County, San Mateo County, Santa Cruz County, and Stanislaus County, California
- Direct deposit required: Yes, $300+ required
- Additional requirements: Use promo code and open money market account
- Hard/soft pull: Soft pull
- ChexSystems: Yes
- Credit card funding: Up to $1,000
- Monthly fees: None
- Early account termination fee: None
- Household limit: None
- Expiration date:April 8, 5 p.m
Contents
The Offer
No direct link
- Star One Credit Union is offering a bonus of $200 when you open a new checking account and complete the following requirements:
- Use promo code EWAY200
- Open a money market savings account and free checking account
- Have a direct deposit of at least $300 per month within 60 days of account opening
The Fine Print
- $200 bonus is credited to your star one checking account once direct deposit can be verified which may take up to 60 days.
- Only first-time star one members qualify for bonus.
- Promotion not valid if combined with any other offer.
- All new accounts are subject to star one credit approval, account opening procedure, and truth-in-savings account and membership terms, disclosures and fee schedule.
- Fees may reduce earnings.
- Offer does not apply to minor and transfer to minor accounts
- Star one credit union management and staff are not eligible for the bonus.
- Bonus subject to irs reporting.
Avoiding Fees
Monthly Fees
Both the checking account and money market account has no monthly fees to worry about
Early Account Termination Fee
There is no early account termination fee
Our Verdict
There is a smaller referral bonus for $120 for new members ($100 for the referrer) and that has no bonus requirements. That might be a better deal for some people that don’t want to deal with a direct deposit or have a friend that will refer them and give them at least $80 of the referrer bonus. Others will prefer this bonus because it’s bigger and there is no need to worry about setting up the referral. We will list both in the best bank bonus page.
Hat tip to ragormack
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
I believe the referral offer is also $200 for the invitee, can someone confirm and fix the “verdict”?
Can confirm CC funding with Amex Gold still works as of Feb 2022. Input CC info on last step of application. $950 for checking and $50 for saving. Coded as “Business Services – Professional Services” on Amex. Allow 1-2 days for the fund to show up in online banking.
Got a mailed flyer from my housemate. The deal is back again with a $200 bonus offer expiring on 01/31/2022. Similar to the post here, new customers just need to open a Star One Saving for membership and a new Checking Account with a monthly direct deposit of $300 or more within 60 days of opening Checking. (Promo Code is BONUS200) The $200 bonus is credited to the opened Money Market Savings Account once the direct deposit can be verified, which may take up to 60 days. Membership is open to individuals who live, regularly work, or attend school in the following California counties: Alameda, Merced, Monterey, San Benito, San Joaquin, San Mateo, Santa Clara, Santa Cruz, and Stanislaus.
=== Below is my recent DP (It seems not a targeted offer) ===
12/09/2021: My housemate shared the mailed flyer with me
12/10/2021: Online applied the new saving and checking with promo code BONUS200
12/11/2021: Got approved after a rep emailed me asking for reasons for lol/12 in Chex
12/31/2021: $301 Direct Deposit into the new checking from my employer
01/06/2022: Saving account received a $200 welcome bonus
Can I fund with Discover or Chase CC? I hope it doesn’t code as a cash advance
For chase, it likely won’t code as cash advance. Decrease your CA limit to $100 to be sure.
Anyone know when does this expire?
I would call them to see. Doesn’t hurt to, just say you saw it on newspaper instead of DoC.
William Charles in addition to santa clara, star one has updated their eligbility criteria:
As of 02/26/2020, individuals who live, work, or attend school in Alameda County, Merced County, Monterey County, San Benito County, San Joaquin County, San Mateo County, Santa Cruz County, and Stanislaus County, California
Is this bank churn-able?
I did this promo last year
what is the minimum initial funding required?
$75
I am not getting any direct deposits now. Can I still satisfy the 300$ DD condition? and how
Can confirm that this isn’t churnable.
Any details?