Offer at a glance
- Maximum bonus amount: $150
- Availability: Previously it was UT, ID, NV, NM, MT, AZ, but might be geofenced to SLC, UT
- Direct deposit required: Yes, no minimum specified
- Additional requirements: Enroll in eStatements
- Hard/soft pull: Hard pull via Experian. Report of soft pulls
- Credit card funding: You can fund with a credit card but a 2.5% fee is charged ($4.95 flat fee for debit cards).
- Monthly fees: $7, avoidable
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: 6/30/26
Contents
The Offer
- Mountain America Credit Union is offering a $150 bonus when you open a new BYU checking account and complete the following requirements:
- Use promo code BYU26
- Enroll in eStatements
- Initiate a monthly direct deposit within 60 days of account opening
The Fine Print
- To qualify for and redeem reward, you must open a new MyStyle Checking account with eStatements, and you must initiate a monthly direct deposit such as payroll, pension, unemployment, Social Security or other government benefits within 60 days of account opening.
- Reward will be deposited into account within 30 business days after meeting these requirements.
- Limit one reward per person.
- Offer not available on business accounts, secondary accounts, account conversions or in combination with any other offer.
- Employees of Mountain America not eligible.
- Reward is considered interest and will be reported on IRS form 1099-INT.
- Membership required—based on eligibility.
- Limited-time offer.
- Offer ends 6/30/26.
- Offer can be withdrawn at any time and is subject to change. Promo code: BYU26
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has a $7 monthly fee.
- Perform 20+ card transactions (Debit and/or credit)
- Be age 24 and younger, or age 60 and older
- Maintain an average daily balance of $10,000 in MyStyle Checking (LOL right, this is going to happen at 0% APY).
Early Account Termination Fee
Account previously needed to be kept open for six months, but doesn’t seem like that is the case any longer.
Our Verdict
Better than the $100 bonus previously offered, hopefully it’s still available in this many states. Worth doing if you’ve already done the larger bonuses available.
Hat tip to reader Karl
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
