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IS250
IS250

Can only close account in branch or notarized letter.

IS250
IS250

Bonus posted as well. $.50 Amazon reloads and $1 bill pay to electric company so amounts don’t matter. Looks like they give interest or something with the bonus since they posted $50.03 to my account.

Johnny
Johnny

Just got the 1st bonus. Month ends on 25th.One $5 bill pay and 5 pin less debit transactions at Walmart. Have $1500 in account to meet criteria.

George
George

Do they still have this? The link is invalid.

George
George

You can call the number on their ad (Doc’s screenshot) to verify if it’s still available.

Gadget
Gadget

Not looking good, but it was kind of an odd “news” site to have it posted anyway. I would call one of the 4 branches that were doing the promo (listed on DoC’s Fine Print) and ask. Let us know what they say…. new expiration? New promo?

George
George

Does anyone know where to do “non-pin, signature-based debit card transactions”?
Got the debit card which has chip on it.
At Giant and Target, both required to insert chip and PIN during self-checkout.
At Walmart for a $1.4 item, also required to insert chip, no pin required but no signature either. Not sure if that qualifies.

UPDATE:
Q:What is a signature-based transaction?
A:It’s any time you do NOT enter your PIN.
https://www.interracu.com/files/interra/1/file/Info/Signature-based.pdf

Pauline the Bean
Pauline the Bean

Walmart qualifies. It appears just as you stated. The rule to remember is: If the transaction requires you to enter your pin, then that transaction will not qualify. Sometimes merchants require a minimum for pin-less transactions.

George
George

Thanks for the answer. I later checked card transactions. PIN-based begins with “POS DEB”, non-PIN begins with “DBT CRD” or “D/C”. The Walmart one is “DBT CRD”, so it should qualify.

Gadget
Gadget

George Just FYI, for future bank promos… when a terminal/POS system asks for a PIN, you can usually hit the red button and then it will run as credit, not debit. When in doubt, ask the cashier. Credit=POS signature transaction. Sidebar – I have no clue why debit would cost more, and seems reverse. Maybe Visa and Mastercard negotiate better rates?

George
George

Thanks Gadget really appreciate your tip!

IS250
IS250

Seems like you found your answer but also online purchases count as signature-based. I just made $.50 reloads to Amazon.

David
David

Ive been doing that for like 3 years for these BS cards from Wells Fargo

George
George

Thank you very much! I thought I must do signature to qualify as signature-based. You saved me lots of trips to Walmart!

Blue
Blue

I just found out that I have to do the cutoff for requirement happens on 26th of each month. So I forfeited the month’s opportunity. Very tricky

IS250
IS250

First month doesn’t count. Bonus posts months 2-6.

Sparky
Sparky

No ACH pull capabilities at the online site. Confirmed with phone rep. Make sure to deposit enough for the bonus or use direct deposit or hub banks.

IS250
IS250

Also, this promotion was already on their desk so they are aware of it. You don’t need to print out the flyer and bring it in.

Gadget
Gadget

Guessing since Chex wasn’t an issue, worried about footprint. How far do you live from a branch?

This question goes out to anyone who tried this one, please! Most banks are not footprint sensitive – usually credit unions are though. Wish I had an excuse to travel
118.69 miles away.

IS250
IS250

I’m 10 miles away from the Fairfax branch. But the banker I spoke with says they have people who live further out but use Essex Bank when they’re in the area for work or so. Maybe that’ll help you a little? Let us know if you’re successful if you try.

Gadget
Gadget

My usual story is that I have family in the area and going to be visiting often. No bank sent me away in branch for living to far… Yet. I can’t justify the trip during the work week to yucky Richmond, to do other things that I can’t do in Hampton Roads.

IS250
IS250

DP:
1) Confirmed Chex pull. They had a sign on the desk as well.
2) ETF: $25 if closed within 6 months
3) ACH push/pull is free
4) No instant issue debit card
5) No specific requirements for minimum debit card purchases or BP’s to meet the bonus
6) 1st month of opening account doesn’t count towards bonus (also monthly fee waived for the first month). Bonus will post months 2-6.

tuphat
tuphat

Opened in Fairfax today. Chex only, didn’t seem sensitive to my frequent acct opening; no hard pull. This branch seems mainly loan production. Very friendly & efficient staff, no hard upsell. Pretty congested area. Parking lot is gated, but just pull up and gate will open; same on exit. Added bonus: 1 block away from Red Hot & Blue BBQ, great lunch specials.

IS250
IS250

Any minimum requirements regarding the debit purchases / bill pay? Instant issue debit card?

tuphat
tuphat

No minimums stated in T&Cs, so presumably there are none. No instant issue, DC to be mailed. Presumably pointless to do any transactions during first (partial) statement period, see below.