Offer at a glance
Maximum bonus amount: $100
Availability: who lives or works in Jasper, Boone, Story, Marshall, Tama, Benton, Polk, Poweshiek, Iowa, Warren, Marion, Mahaska, Keokuk, Lucas, Monroe, Wapello, Wayne, Appanoose and Davis.
Direct deposit required: Yes, two $500+
Additional requirements: None
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Unknown
Household limit: None listed
Expiration date: None listed
The Offer
Advantage Credit Union is offering a $100 bonus when you receive two direct deposits greater than $500 within 60 days of account opening
The Fine Print
Flip the Switch rewards will be paid to member no sooner than 60 days after account is opened.
Member will earn $100 if the account receives two direct deposits greater than $500 within 60 days of account opening.
Member will earn $50 if the account receives two direct deposits greater than $500 in a 60 day period, regardless of account opening date.
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 so unsure if there is any EATF or not.
Our Verdict
Not sure if an account can actually be opened online or not and it’s a small bonus requiring a direct deposit but might be worth doing some readers if they live near a branch.
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