Offer at a glance
Maximum bonus amount: $100
Availability: Nationwide, must be new member
Direct deposit required: No
Additional requirements: Deposit $100 each month
Hard/soft pull: Soft
ChexSystems: Yes, some reports of chexsystems sensitivity in the comments but lots approved as well
Credit card funding: None
Monthly fees: None with eStatements
Early account termination fee: Unknown
Household limit: None listed
Expiration date: July 31, 2024
The Offer
Alliant Credit Union is offering a $100 bonus when you open a kids saving account or teen checking account.
Deposit at least $100 a month for 12 consecutive months in each Kids Savings or savings account accompanying the Teen Checking Account opened between May 1, 2024 and July 31, 2024
The Fine Print
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule
Our Verdict
Relatively easy bonus to meet the requirements for and not a lot of bank bonuses that kids can do so I’d say this is worth doing. We will add this to our list of the best bank account bonuses.
Hat tip to reader Matt
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