Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: Says it’s for Savannah-Area Residents
- Direct deposit required: Yes, no minimum specified
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: $5.95, avoidable
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: December 31, 2020
Contents
The Offer
- Center Parc Credit Union is offering a bonus of $100 when you open a new checking account. You earn a $20 bonus for completing each of these activities within one year of account opening:
- Use your Center Parc Debit Card 20 times
- Add/establish a direct deposit or allotment to your Center Parc Checking Account
- Enroll in Center Parc’s CU Center Internet Branch
- Pay a bill using Center Parc’s E-Bill or Bill Pay and Presentment Service
- Make a Mobile Check Deposit
The Fine Print
- 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 a $5.49 monthly fee. Monthly fee can be avoided by making 15 electronic transactions per month and enrolling in eStatements OR having a combined relationship balance of $20,000 or more (deposits and loans).
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee.
Our Verdict
A lot of requirements and it’s not easy to keep the account fee free. Even if this is a soft pull I don’t think it’s worth doing and won’t be adding it to the best bank bonus page.
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