[Expired] [WA & OR only] BECU $150 Checking Bonus + $150 Donation No Direct Deposit Required

Deal has ended, view more bank account bonuses by clicking here.

Offer at a glance

• Maximum bonus amount: $150 + $150 donation to non profit of your choice
• Availability: Must be eligible to join CU (live, work or worshipping in Washington State qualifies you – more options here). Looks like it’s also available to some in Oregon as well
• Direct deposit required: No
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Unknown. Chex Systems sensitive, Rule seems to be denial if you have 3-6 or more in the last 12 months
• Credit card funding: Unknown 
• Monthly fees: None listed
• Early account termination fee: None listed
• Household limit: None
• Expiration date: December 31, 2020

The Offer

Direct link to offer

• BECU Credit Union is offering a bonus of $150 and a $150 donation to the non profit of your choice when you complete the following requirements:
  • Join BECU and open a checking and savings account using promo code 150GIVING.
  • Make 10 qualifying transactions per month for three consecutive months within 120 days of joining.

The Fine Print

• The offer is valid for non-BECU members, 18 years or older, and within the BECU’s field of membership.
• To meet the transaction requirements you must open and maintain active Member Share or Member Advantage savings and also a checking account. Members have 120 days from the time of account opening to complete (10) or more qualifying transactions for (3) consecutive months. Qualifying transactions include: ATM deposit, transfer, withdrawal and transfer debits; bill payment deposit; checks/electronic checks; international/domestic ACH withdrawals, international/domestic wire transfers, direct, check, point of sale, Mastercard, external or electronic deposit; investor interest, international/domestic ACH, POS, Mastercard, external and international/domestic wire transfer withdrawals; VISA purchases and cash advances.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Their member advantage and regular checking accounts both come with no monthly fee, you’re probably better off with the member advantage checking account as this earns 4.07% APY on balances up to $500.

Early Account Termination Fee

As far as I could see there was no early account termination fee in their fee schedule.

Our Verdict

Previously we’ve seen $100 referral bonuses. This is an extra $50 for the person signing up plus they get to choose where to donate $150. Downside is that you can’t refer friends/family to get another $100. Deal is very much worth doing as the requirements are easy to meet, this will be added to the best bank bonus page.

Hat tip to Ben L

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?
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