Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â Nationwide
- Direct deposit required:Â Yes
- Additional requirements:Â Use promo code
- Hard/soft pull:Â Soft pull
- ChexSystems:Â Unknown, extremely sensitive according to some datapoints but others say not sensitive so YMMV
- Credit card funding:Â Can fund up to $500 with a credit card
- Monthly fees:Â $5, avoidable
- Early account termination fee:Â None
- Household limit:Â None listed
- Expiration date:Â August 31, 2022
Contents
The Offer
- SkyOne is offering a $100 bonus when you open a new advantage checking account and complete the following requirements within 90 days of account opening:
- Receive a total of three (3) qualifying direct deposits of any amount into your new checking account during the qualification period
- Have a minimum balance of $500
The Fine Print
- This offer is intended for new checking accounts only.
- You are not eligible for this offer if you are a current owner of a SkyOne Advantage Checking account or have taken advantage of a SkyOne Checking Account bonus offer in the last 36 months.
- Offer valid July 14, 2022, to August 31, 2022, is subject to change without notice and may end at any time.
- To receive the $100 bonus, you must open an Advantage Checking account and setup direct deposit through our Direct Deposit Wizard portal. Within 90 days of account opening, receive a total of three (3) qualifying direct deposits of any amount into your new checking account during the qualification period; have a minimum balance of $500, and account must be in good standing.
- Account in good standing is defined as: 1) Your Checking account balance must not be negative for more than 30 calendar days; 2) You must be in good standing, which means no delinquent or charged off loans or charged off share accounts with SkyOne Federal Credit Union; and 3) You do not have a ChexSystems record with monies owed.
- Promotional bonus will be paid up to 30 days after the account has been open for 90 days and criteria has been met.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
The advantage checking account has a $5 monthly fee that is waived if any of the following requirements are met:
- Be 25 years of age or under
- Be 65 years of age or over
- Have an active Visa® credit card, or line of credit, including HELOC (activity is defined as carrying a balance or making purchases each month that total $100 or more)
- Have a current consumer loan, including mortgage
- Have a minimum average daily share balance of $2,500 across all primary account holder’s accounts
- Make monthly aggregate deposits of $1,000 or more in SkyOne Advantage Checking Account
- Make a minimum of 10 debit card POS (point-of-sale) transactions
Early Account Termination Fee
There are no early termination fees to worry about
Our Verdict
There was a really easy $100 savings bonus recently, should be able to do this offer even if you’ve done that as the terms just state you can’t have had a checking account in the last 36 months. $100 is the standard checking bonus, but we have seen a $200 bonus in the past. We will add this to our list of the best checking bonuses.
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

