Posted by William Charles on March 22, 2016
Bank Account Bonuses

Published on March 22nd, 2016 | by William Charles

5

[TN only] Memphis City ECU (MCECU) $100 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Have to open in branch, all locations are in TN. [Branch Locator]
  • Direct deposit required: Yes, $100+
  • Additional requirements: eStatements, debit card
  • Hard/soft pull: Unknown
  • Credit card funding: Unknown 
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Expiration date: March 31st, 2016

The Offer

Direct link to offer

  • Receive a sign up bonus of $100 when you open a new checking account with Memphis Credit Union and complete the following requirements:
    • Sign up to receive either a direct deposit or payroll allocation of at least $100
    • Sign up for a debit card
    • Sign up for eStatements

mcecu 100 bonus

The Fine Print

  • For first checking account holders only
  • Bonus will be deposited within 30 days of the requirements being met
  • First direct deposit must be received by May 15th, 2016
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

They offer a free checking account with no monthly fees or balance requirements. I wasn’t able to find their full fee schedule so I’m unsure if there are any early account termination fees.

Our Verdict

Really need to know if it’s a hard or soft pull before we can comment on how good this deal is, please share any data points you have in the comments. In the mean time, check out these recommended bank promos.

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gary
gary

your credit card funding page does no allow additional comments any longer, the link to add comments or reply is down. Is it a technical issue or has that area been closed for comments. was going to update a couple of them that i have funded. specifically bbva funded with citi AA $5000 as purchase

TD
TD

BBVA declined my $5000 Citi AA fund, I assume since my CA limit lower because there is much more available credit.

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