Posted by William Charles on April 1, 2018
Bank Account Bonuses

Published on April 1st, 2018 | by William Charles

12

[TN, TX & VA, In Branch Only] Eastman Credit Union $250 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $250
  • Availability: Account must be opened in branch. They have branches in TN, TX & VA [Branch locations]
  • Direct deposit required: Optional 
  • Additional requirements: See below
  • Hard/soft pull: Soft pull
  • ChexSystems: Yes
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None
  • Expiration date: None listed

The Offer

Direct link to offer

  • Eastman Credit Union is offering a bonus of up to $250 when you open a new Beyond Free Checking account. You receive $25 for each automatic payment or direct deposit you switch to your new account, up to a limit of $250.

The Fine Print

  • Looks like account must be opened in branch to start with
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees to worry about. I wasn’t able to find any early account termination fee in the fee schedule.

Our Verdict

How could this deal is will depend on how many automatic payments/direct deposits you have set up. I assume you could have 10 bill pays set up and that would qualify you for the $250 bonus, most people should be able to get that going with a bit of preparation. I do think it’s worth doing if you live in the target area, so because of that I’ll be adding it to the best checking bonuses. Please share your experiences and data points in the comments below.

Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:



12
Leave a Reply

avatar
 

  Subscribe  
newest oldest
Notify of

Looking for confirmation in branch only for sure. In TX but Houston. Might call and ask.

Also in houston, id go for this one myself as well

Drive all the way or if available phone/online?

I’m in DFW and the closest branch is 150 miles away. Not sure if that’s worth the bonus here.

Only if you can combine the trip with some other purpose. I’m in VA, but my closest branch is almost 400 miles away. I had seen this one on another blog many times before over the last couple years, so I think it’s pretty much a continuous promo. I will get to it when I happen to be passing thru… someday, maybe.

i drove 50 miles to be YOUR dp, signed in, showed license, banker said no hard or soft but chex pull, after verified i am qualified(has to be in their coverage map area which you can check online before wasted a trip), then told me i have to have a saving acct(min $5 to open) as well in order to open the checking acct, plus $1 member fee, she said promotion ongoing, she told me $25 each reward has to go through clickswitch(meant i had auto withdrew setup before switch) within 30 days, i asked her to look up an example like discover card which not in their system, so i am not sure i can get any $25 reward met their terms. Anyway, its free check, free debit card and free atm use etc, no minimum, no monthly fee, so i went ahead opened 1 saving with $5 and 1 checking with some $ cash and walked away after about 30 minutes. 1st time with any credit union, not sure what to expect. She said you can open online to get same reward if you are qualified per their maps. btw.

How do I know if qualified by maps? Will call at some point when have time.

Answered my own question: https://www.ecu.org/Join-Today. Only Gregg/Harrison counties in TX. Need to change post.

Was rejected from opening an account for my home address being further than 60 miles away from a bank location even though I’m in a targeted state. Just wanted to post this DP that it seems they are enforcing the 60 miles from branch rule.

Back to Top ↑