This used to be known as UFirst CU. Previous datapoints can be viewed here.
Offer at a glance
- Maximum bonus amount:
- Availability:Â Anyone who lives, works, goes to school, or worships in Salt Lake County, Utah County, Davis County, Tooele County, Summit County and Wasatch County or anyone who has a family member who meets those criteria
- Direct deposit required:Â Yes, $1,000+ per month for three monthsÂ
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit: None
- Expiration date:Â None listed
Contents
The Offer
- Canyon View Credit Union is offering a checking bonus of up to $400. Bonus is broken down as follows:
- $50 will be deposited when new account is opened.
- An additional $50 will be deposited 6 months after account is opened.
- Up to $150 will be deposited in $50 increments over 3 consecutive months after setting up and maintaining a direct deposit of at least $1,000 per month.
- Up to $150 will be deposited in $50 increments over 3 consecutive months when the minimum requirement of 25 transactions per month, with a Canyon View Credit Union Visa debit card, credit card or both, are completed. Minimum eligible transaction amount is $5.00.
- There is also a $100 auto loan bonus. $100 will be deposited after an auto loan (subject to credit approval) of at least $10,000 is completed with Canyon View Credit Union or refinanced with Canyon View Credit Union from another financial institution.
The Fine Print
- You must have a valid SSN/ITIN to join.
- You must mention this promotion at account opening for enrollment. Account must remain in good standing during eligibility.
- Eligibility for payouts is limited to 6 months from primary savings open date.
- Cash award is treated as interest and will be reported to you on IRS Form 1099-MISC.
Avoiding Fees
Monthly Fees
This account has no monthly fees
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Nice that you can at least get a lot of this bonus without a direct deposit being required.
Hat tip to Dealgamer
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
