Update 3/26/24: Deal is back, this time $225 instead of $250.
Offer at a glance
Maximum bonus amount: $225
Availability: CO only
Direct deposit required: Yes, no minimum specified or ACH
Additional requirements: See below
Hard/soft pull: Soft pull
ChexSystems: Yes
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: $10, six months
Household limit: None listed
Expiration date: 12/31/2023
The Offer
Air Academy Credit Union is offering a $250 checking bonus when you open a new checking account and complete the following requirements:
Deposit $200
Make 1 debit card transaction
And have your direct deposit post to your account
The Fine Print
To receive the $250 bonus, open a Cash Rewards Checking account or a Cash Back Rewards Checking account and: (a) deposit $200 (b) post and clear at least one direct deposit and (c) activate your AACU debit Mastercard® and perform one transaction with your debit Mastercard within 45 days of account opening.
Bonus will be credited into your rewards checking account within 2 business days after meeting the requirements.
Offer valid on personal accounts only and limited to 1 account per member.
Bonus is considered taxable income.
Must mention offer at time of account opening for bonus eligibility.
Offer not valid for current AACU Rewards checking account holders or members with accounts closed within the past 180 days. Accounts closed within 180 days of account opening will be charged a $10 early closure fee.
Cannot be combined with another checking account offer or used for an existing checking account.
Offer subject to change without notice.
Membership requirements apply.
Restrictions and requirements apply.
Colorado Residents only.
Offer valid until 12/31/2023.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Both of the kasasa checking accounts have no monthly fees to worry about.
Early Account Termination Fee
According to the fee schedule there is an early account termination fee of $10 if closed within six months of account opening.
Our Verdict
There was a $100 bonus in the past, but that required military pay. This is a better bonus anyway. We will add this to our list of the best bank account bonuses.
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