Offer at a glance
Maximum bonus amount: $300
Availability: San Fernando, CA branch only
Direct deposit required: Yes, $300+
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Unknown
Household limit: None
Expiration date: December 31, 2023
The Offer
Gain Federal Credit Union is offering a $300 bonus when you open a new checking account. Bonus is broken down as follows:
Get $225 when you open a better checking account, have a monthly direct deposit of $300+ within 90 days of account opening and get three consecutive deposits received monthly thereafter
Get $25 when you sign make a mobile deposit
Get $25 when you use bill pay
Get $25 when you use a new debit card
The Fine Print
Must establish new membership, open a Better Checking account, and have a monthly Direct Deposit of $300 or more with the first deposit being received within 90 days of account opening and three consecutive deposits received monthly thereafter, to earn $225. Must be 18 years of age or older to qualify for this offer. Offer not available to existing GainFCU members or those with a previous GainFCU membership in the past 6 months. New members only. Only one offer per member. New member must be primary on new account. Terms & conditions apply. Offer subject to membership qualifications, policies, and procedures. Business accounts excluded. Offer Valid until December 31, 2023.
Must register for Online Banking to utilize mobile banking. Must make at least one check deposit via mobile application within the first 90 days of account opening to earn additional mobile deposit bonus of $25. Deposits made through GainFCU mobile app are subject to deposit limits and may be subject to check holds. Other restrictions may apply. Business accounts excluded. Offer Valid until December 31, 2023.
Must obtain a debit card and make at least one purchase within the first 90 days of account opening to earn additional debit card bonus of $25. Business accounts excluded. Offer Valid until December 31, 2023.
Must make at least one Bill Payment (must sign up for Online Banking and enroll/activate Bill Pay) within the first 90 days of account opening to earn additional Bill Pay bonus of $25. Business accounts excluded. Offer Valid until December 31, 2023.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Better checking has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Shame it’s only available at that one branch. If anybody decides to do this deal, please share your experiences in the comments below.
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