[VA] ValleyStar Credit Union $250 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $250
  • Availability: VA
  • Direct deposit required: Yes, $1,000+ for three months
  • Additional requirements: None listed
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • 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

  • ValleyStar Credit Union is offering a $250 checking bonus when you meet the following requirements:
    • Make direct deposits of at least $1,000/month for three months

The Fine Print

  • $250 direct deposit bonus credited to share draft (referred to as checking) account within 180 days of account opening if (a) a new primary (S8) share draft account is opened, (b) member establishes recurring monthly direct deposit to account of net pay that totals $1,000 or more, pension, or government benefits, (c) first direct deposit posts within 90 days after account opening and (d) three consecutive months of minimum monthly direct deposit is maintained within 150 days of account opening.
  • Recurring transfers or deposits from other sources, such as other accounts at ValleyStar or accounts at other institutions, do not qualify.
  • Offer good for new and existing members who establish a new primary (S8) share draft account only—members who closed their primary (S8) share draft account within two years of new primary share draft account open date are not eligible for bonuses.
  • Limit one bonus per member/distinct social security number.
  • Other restrictions may apply.
  • Taxes on bonuses, if any, are the recipient’s responsibility. ValleyStar complies with federal and state tax reporting laws.
  • 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 no monthly fees

Early Account Termination Fee

There is no EATF.

Our Verdict

Don’t know a lot about this bank, but if anybody decides to try and do this bonus let us know if it’s a hard or soft pull in the comments below.

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View Comments (1)

  • For those of us in NoVA, don't waste your time. At this page you can see all the counties where to have to reside to become a member: https://www.valleystar.org/our-mission-vision-and-core-values/#eligibility.

    VIRGINIA COUNTIES
    Amelia, Amherst, Appomattox, Augusta, Bedford, Campbell, Caroline, Charles City, Chesterfield, Cumberland, Dinwiddie, Franklin, Goochland, Halifax, Hanover, Henrico, Henry, King and Queen, King William, Louisa, New Kent, Patrick, Pittsylvania, Powhatan, Prince George, Roanoke and Sussex

    VIRGINIA CITIES
    Colonial Heights, Danville, Hopewell, Lynchburg, Martinsville, Petersburg, Richmond, Roanoke, Salem, Staunton and Waynesboro

    NORTH CAROLINA COUNTIES
    Caswell, Rockingham and Stokes

    NORTH CAROLINA CITIES
    Eden, King and Reidsville

    If you live in these places, it would appear you have to be connected to the education system in some way, or have a business entity in the county. I don't see any mention of a membership fee.