Posted by William Charles on August 17, 2016
Bank Account Bonuses

Published on August 17th, 2016 | by William Charles

168

[Expired]TIAA Direct $150 Checking Bonus – Nationwide

Unfortunately this offer has expired, you can view more offers that are great by clicking here.

Offer at a glance

The Offer

Direct link to offer

  • Open a new TIAA direct checking account with the promotional code CK76DD150 and receive a sign up bonus of $150 when you:
    • Receive one or more qualifying direct deposits totalling at least $2,500 from the same source within 90 days of account opening

tiaa direct

The Fine Print

  • This offer is available for a new TIAA Direct Interest Checking account, applied for online or by calling 844-567-8932 using promotion code CK76DD150.
  • Only one (1) offer is available per customer.
  • It may not be combined with any other offers from TIAA Direct and is not available to existing checking customers.
  • IAA Direct will credit a $150 bonus to a new Interest Checking account if the account is opened by 9/30/2016 and one or more qualifying direct deposits totaling at least $2,500 from the same source is/are credited to that account within 90 days of its open date.
  • Qualifying direct deposits may include payroll, pension or Social Security checks electronically deposited; funds transfers and checks deposited by mobile device or mail do not constitute direct deposits
  • You are required to pay taxes on all bank account bonuses

Avoiding Fees

There is no monthly minimum balance requirement and no monthly fee for the interest checking account. The interest rate is tiered depending on how much you have in the account, but it’s capped at 0.15% so it’s not worth keeping funds in this account. There is no mention of an early account termination fee, but you’ll need to keep the account open until the bonus posts.

Our verdict

This is a great nationwide bonus and we’ve added it to our best checking bonus list. I always love seeing nationwide bonuses, fingers crossed the direct deposit requirement isn’t hard to meet. Please share your experiences with this bonus and bank in the comments below.

Useful posts regarding bank bonuses:

Hat tip to reader UFO and Joe S



168
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Annex1982
Annex1982

Anyone knows what count as DD for this?

It seems that one per customer, so a household can apply more than one. That’s nice.

Alex
Alex

When I signed up for this last year, it was a soft pull, no credit card funding, and discover ACH seemed to meet the requirement.

AlarmingConsequence
AlarmingConsequence

This is an old post, but I wonder if you recall if the soft pull at Equifax, Experian, or Transunion when you opened your TIAA Direct account? I’m confident that it is not a hardpull; I just want to know which credit bureau to temporarily lift the freeze on.

Logan
Logan

called and rep said there would be no credit pull however im pretty sure i was declined.

Got an error stating application could not be processed and i called again and they told me a letter would be mailed in 5-7 days. this is an obvious denial. guess my run of churning banks and cc’s is up for a bit… about 10 chex systems inquiries last 12 months and 12 hard pulls.

RIP

Craig Joseph
Craig Joseph

Banks and CC? Denial from one does nothing to preclude you from the other.

Eddy Cue
Eddy Cue

Are you sure you dont have any negative items on your chex systems report? I have got over 10 inquiries in the last 12 months and was approved (unless approvals are YMMV)

Logan
Logan

yes i am sure. No negative. Its more like 10 in the last 6 months so i guess i can’t blame them. Oh well.

Daniel
Daniel

Just got approved, no credit card funding allowed

Ryan
Ryan

Any datapoints as to what qualifies as DD would be greatly appreciated.

yong
yong

DP

09/30/16 opened, 12/29/16 $150 bonus posted. It’s 90 days.

I moved $500 5 times from WellsFargo checking. Last one was dated 12/06/16.
Each time the tran was coded as WellsFargo DDA to DDA.

El Guapo
El Guapo

ACH from Ally did not qualify for me.

Michael
Michael

Did Wells Fargo trigger the bonus?

Luke
Luke

When you login to your account, proceed to Alerts (upper right corner) and you can setup an alert as to when you receive a direct deposit.

feelingice
feelingice

There were codes like 56DD200 and 66DD300 during the previous months with the term language “This offer is only intended for the addressee of this email, may not be combined with any other offers from TIAA Direct and is not available to existing checking customers.” I read several old posts and somebody mentioned although it seemed like targeted but you would get the bonus as long as you used the codes. So I applied two weeks back…Anyone can confirm that this eligibility limit is enforced or not? Thank you.

Eddy Cue
Eddy Cue

That was easy. I love it when an online application goes through with ease (FYI, i did have a hiccup at the end after my account was approved and was about to set up online access, the page timed out on me).

Fortunately, I just went back to the original link and clicked through to set up new access but otherwise no problems. Downside is no CC funding

Simple
Simple

Also went through this process. Hoping Discover works as a direct deposit.

Nick
Nick

Took part in their $150 for $2500 DD offer last year, as well. Fulfilled the DD with a Fidelity ACH push.

I closed that account ~4 months after opening last year, and it doesn’t look like there are any requirements for this new offer w/r/t previous accounts/customers 🙂

RY
RY

How long did you have to wait before the bonus posted?

Devon
Devon

Have any issues adding TIAA to Fidelity? I tried to add it for ETF Transfer and Fidelity tells me that the TIAA account cannot be added online. They say I need to fill out a form and mail it in to be able to ETF to/from TIAA. Seems odd to me.

Wyle
Wyle

That happened to me when I added a Netspend account. Don’t know if thats what triggered it, but I’ve had do to paper forms ever since (~18 months now). Inconvenient, but I drop them off at local office when I’m in the neighborhood.

Devon
Devon

Thanks, called Fidelity and they said that TIAA isn’t a bank they allow to be added online for anyone. Who knows if that’s just what they are telling me or what but off to mail in the form and wait. I don’t really have another option to try to trigger the DD to TIAA.

JT
JT

Can anyone provide some recent data points on the hard/soft pull front? Hustler money blog has numerous hard pull data points, but they’re all old. Thank you in advance.

Keith
Keith

The language suggests only new accounts. I have had one few years ago which closed automatically after $0 account balance, would this still work if I open a new account?

Tan
Tan

TIAA Direct doesn’t allow non-US citizen, non-permanent resident people to open an account.

sonia
sonia

$150 seems low for a bonus, but I have nothing else better, so here goes! haha

Eric
Eric

I have had a TIAA Direct account for years but don’t think I ever got a bonus on it. If I closed my account would I be eligible for this?

The terms state that it “is not available to existing checking customers.” It’s not clear if they mean current customers or any previous customers. Has any previous customer tried one of these bonuses? I don’t want to close my account unless I will definitely receive this bonus.

Ken
Ken

Existing usually means current. If they wanted to disallow past customers they would have to say “this offer not available to past checking customers”, etc.

Luke
Luke

Alliant triggered the direct deposit alert

sonia
sonia

nice! how much did you transfer and when did you transfer? Thx!

PN
PN

Did Alliant post as P2P? Thanks.

Michael
Michael

Did you get the bonus?

Back to Top ↑