Update 10/31/25: Terms now state ‘NC, SC, CA’ only
Update 10/28/25: Promotion is finally live, unfortunately not as good as we were hoping for as there is a 90 day holding period. Hat tip to reader trcamp
Note: This doesn’t start until 9/1/25. We are posting as they currently have a $100 checking promotion.
Offer at a glance
- Maximum bonus amount: $1,550
- Availability: NC, SC, CA
- Direct deposit required: Yes
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: None2,
- Monthly fees: None
- Early account termination fee: $5, 90 days
- Household limit: None listed
- Expiration date: 11.15.25
Contents
The Offer
- Skyla Credit Union is offering a bonus of up to $1,550 when you Deposit $10,000+ of new money within the first 30 days into any combination of Skyla checking & savings accounts. Hold period is 90 days Tiers are as follows:
- $1,550 bonus with deposits of $500,000+
- $1,050 with deposits between $250,000 – $499,999
- $750 with deposits between $100,000 – $249,999
- $550 with deposits between $50,000 – $99,999
- $150 with deposits $10,000 – $49,999
- You’re also required to meet the following requirements:
- make 10 debit/credit card transactions that post and settle your account;
- have a $500 minimum direct deposit;
- be enrolled to receive e-statements.
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
Both accounts have no monthly fees.
Early Account Termination Fee
$5.00 – If closed within ninety (90) days of opening
Our Verdict
Hold period is officially 90 days, works out to be 8.55% APY so worth considering compared to basic saving account rates.
I don’t see any holding terms, so looks like you just need to deposit the money. Although it’s possible more detailed terms will be added before 9/1/25. Will be added to the best bank bonuses depending on that.
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
