Update 1/20/24: Deal is back and valid until 03/31/24.
Offer at a glance
Maximum bonus amount: $200
Availability: Cobalt Credit Union is located in 15 counties across Nebraska and Iowa
Direct deposit required: Yes, no minimum
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees:None
Early account termination fee: None
Household limit: None
Expiration date: 12/31/23
The Offer
Cobalt Credit Union is offering a $200 checking bonus when you open a new Cobalt Elite or Cobalt Blue checking account and complete the following requirements:
Have at least one recurring direct deposit
Enroll in e-statements
Have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post
The Fine Print
Offer available 11/14/23 – 12/31/23. In order to receive the $200 bonus, you must open a new Cobalt Elite or Cobalt Blue checking account and fulfill the following requirements: (1) have at least one recurring direct deposit in the form of payroll or government benefit deposited into a Cobalt account, (2) enroll in e-statements, and (3) for the Cobalt Elite checking account, have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post and clear within 90 days of account opening. All qualifications must be met within the first 90 days of account opening.
The bonus will be deposited into your membership share account within 90 days of meeting all account requirements.
The bonus is not available for existing Cobalt Blue or Cobalt Elite Checking members who have closed a Cobalt Blue or Cobalt Elite Checking account within the past 90 days.
The bonus will be reported to the IRS as dividends earned.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Neither account has any monthly fees.
Early Account Termination Fee
I wasn’t able to find any fee schedule so unsure if there are any EATF.
Our Verdict
Nice deal just need to know if it’s a hard or soft pull.
Hat tip to reader Gadget
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