Deal has ended, view more bank account bonuses by clicking here.
Update 4/21/21: Current $100/$150 referral offer will end May 7; new referral program will launch after that. Hat tip to reader Ben
Offer at a glance
- Maximum bonus amount:Â $150
- Availability:Â WA only
- Direct deposit required:Â Yes, $500+
- Additional requirements:
- Hard/soft pull:Â Soft
- ChexSystems: Unknown
- Credit card funding:Â Up to $1,000
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None
- Expiration date:Â None listed
Contents
The Offer
- Verity Credit Union is offering a bonus a referral bonus. The person referring receives $100 and the person being referred can earn up to $150. Bonus requirements are as follows:
- Use promo code REFER150
- Open checking account with direct deposit ($500 minimum)
The Fine Print
- Referred member must join Verity online and open a checking account with direct deposit.
- Direct deposit(s) totaling at least $500 must post within 60 days of account opening in order to qualify—IRS tax refunds or stimulus funds are excluded. Referral incentive will be paid to both parties within 2 weeks of direct deposit qualification date.
- Referred member must open new membership through online application at veritycu.com and not have been an owner of a Verity Prime Share Savings account within the previous two years.
- Cannot be combined with any other incentive offer.
- Youth memberships are excluded and you must be at least 18 years old to receive referral incentive.
- Bonuses are considered interest and will be reported on IRS form 1099-INT.
- Limited time offer and subject to change at any time. Federally insured by NCUA.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
The rewards checking account has no monthly fees to worry about
Early Account Termination Fee
According to the fee schedule, no mention of an early account termination fee.
Our Verdict
Not as good as the previous $200 deal that didn’t require a direct deposit. We will be adding this to our list of the best checking bonuses.
Hat tip to reader obrother & Beat2def
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
account opened Mar 29 funded 500 with CFU cc,
$ 500 direct deposit from Chase (External Deposit JPMorgan Chase – Ext Trnsfr ) cheking on APR 30 no bonus yet ?
what i am missing or doing wrong ?
Try depositing from a different account to trigger the DD.
Thoughts on creating a referral thread? 😊
We generally only posts bonuses of $50+
Last day so I decided to just apply in time, worked with no problems for Cartwheel Checking and Prime Savings. Probably won’t be able to hit the 12 transactions debit minimums to get the benefits of either of the checking options.
Feel free to use my name to get a referral bonus: Erik Lim
Thanks!
Feel free to use my name to get a referral bonus – Andrew Hamilton. Thanks!
Used your referral!
DP: Account opened Apr 23. Funded $1005 with BofA Prem Rewards CC. Coded as purchase.
Transferred about $700 from Tmobile Money on Apr 29.
No other transactions or direct deposits.
May 3rd: bonus posted.
Anyway to check pending app online?
I have an account with Verity, feel free to use my name – Neha Mehta and use REFER150 as promo code.
I recently opened account with Verity, please feel free to use my name – Kaushal Mehta and dont forget to use REFER150 promo code.
Feel free to use my name to get a referral bonus – Iryna Benedetto
I randomly selected your name to open my account. I added your name on the last page of the application when I selected “Someone referred me” or something along those lines. I hope you get some extra bonus cash. Enjoy!
Thank you, appreciate!
I have an account at Verity, opened about one year ago. Anyone may use my name for a referral–Michael Coppedge.
Thanks!
I used your name!
Thanks!