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Kay
Kay

Is there a minimum to keep account open after bonus is paid out?

Nate
Nate

CS pushes counted for me. Posted prior to month 3 requirements also.

Mago
Mago

Does anyone get the tax form?

Tom
Tom

No tax form for me. I looked at my statement, and it reflects as $0 interest earned in 2021.

The $250 was posted as “Cash Bonus Credit” in December 2021, but not reflected as interest earned.

Mago
Mago

I checked with the CS, and CS said they issued a 1099-int for the $250, but I never received it in the mail

Marc
Marc

I received a 1099-INT in the mail on March 14.

J W
J W

Live in Chapel Hill, NC.
My online application was denied and I was asked to visit a branch to do ID verification. The branch in Raleigh is going to be closed in March 1st and the branch in Raleigh does not accept new appointments for new account opening. I planned to visit a branch in VA to open an account. The banker called me and I was told I could open the account via zoom instead of driving 2 hours to visit the branch in person. At the last step, my account was denied due to Chex. The banker told me they do chex check for every new account opening.

turkandjd
turkandjd

Chex denial, 2/12

temp
temp

Opened mid 10/2021, funded with 1.5k w/ Chase Ink (application was auto approved)
DD w/ Cap1 for 3 months, but messed up debit transactions (forgot it’s 10 per month)
Bonus $100 posted on 2/1 as “Cash Bonus Credit”

temp
temp

Apparently I did met the bonus requirement for the full $250 (even though I feel like I really didn’t). Another bonus of $150 posted as “Cash Bonus Credit” on 2/8.

Opened in mid 10/2021
first 5 debit transactions happened in mid 11/2021
then another 10 in mid 12/2021
then another 10 at the end of 1/2022

So not sure what happened. Even if ACH pull were counted as debit transaction, there was only 3 of that in 11/2021

Gadget - Bank Bonus Geek

Mine paid out before I finished all the debits… so, apparently, 10 x 3 months was not required. No telling what the low end was though.

Ben
Ben

Did anyone else have issues with their initial $25.00 funding?

I connected this account to another via Plaid, and initiated a $25.00 transfer. While it did appear to connect, my screen instantly went to “Thank you for your application. We are reviewing your information, and we’ll contact you shortly to let you know about next steps.”

My account is open and active. It’s been 5 business days, and the $25.00 hasn’t been pulled from the connected account/isn’t showing as pending in this account. Hoping this doesn’t impact the bonus.

AD
AD

I found this a pretty painless bonus, which paid out a little ahead of schedule – the third month’s DDs were not quite finished. By the way William Charles – the fee schedule link in the ETF section above is no good. After searching for one on their site this month to no avail, I asked them in a secure message to send me a copy, and they have been unable to come up with one. They did confirm in their reply that they charge a $25 ETF.

Gadget - Bank Bonus Geek

If you opened the account online, they email you a batch of PDF files. In there is the Personal_Fee_Schedule.PDF. It lists, under Other Fees:
Early Account Closing (Within 180 Days of Opening) ……………. $25.00

It’s available online here: https://www.atlanticunionbank.com/atlanticunionbank/media/Documents/personal_fee_schedule.pdf

However, there are DP’s of them not enforcing the ETF, at least if closed with a zero balance. This is pretty common – reps don’t care/notice and just close the account, and the system is not programmed to catch it. YMMV, and that’s the chance you take. I usually wait it out, but the clock is ticking because the next bonus cannot happen until 12 months after the account is closed.

Ben
Ben

Can anyone confirm if Discover savings would trigger DD? I see below that Discover checking did – does this bode well?

Gadget - Bank Bonus Geek

The same bank should work… checking and savings come from the same bank. Push from Discover login.

Ben
Ben

Coded as P2P.

Gadget - Bank Bonus Geek

What something shows up as and what it does can be two different things.

Dan
Dan

Thank you for your application. We are reviewing your information, and we’ll contact you shortly to let you know about next steps

Throughout the application, I didn’t see any step of funding (bank or credit card).

Charles
Charles

me neither

Gadget - Bank Bonus Geek

Dan Charles Depending on if you get auto-approved or not… you might not see the funding screen.

And, if you do see it, I believe it says Debit, but Credit has worked in the past.

Charles
Charles

Thanks! It seems mine is not auto approved. The final page said that they need to manual review it.

Gadget - Bank Bonus Geek

Yes. When auto-approved, they give you the account number.

I don’t recall for manual approval if you will get a chance to fund or not, but hopefully, you get to find out and it’s not a denial. They are known to deny for Chex, but not as bad as some banks.

Charles
Charles

I was asked to provide a photo id with the address, then my application was approved manually. But … no credit/debit funding option …, only bank transfer or DD, bummer 🙁

Dan
Dan

Thanks. I received the email that “Just bring two forms of acceptable identification to any Atlantic Union Bank branch”.

Well, almost all the branches are in VA. I’m in NC. Anyway, bye then.

Gadget - Bank Bonus Geek

Ahhh, that brings back memories. Yes, you have to show ID… they enable your account, and then you have to fund it the old-fashioned way at your convenience (no CC funding because the application is complete). I live a few miles from a branch.