Offer at a glance
Maximum bonus amount: $300
Availability: MN, WI, TN, TX
Direct deposit required: No
Additional requirements: Promo code + 10 debit card purchases
Hard/soft pull: Hard pull, might be soft pull now?
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: $15, 90 days
Household limit: None
Expiration date: July 26, 2024
The Offer
Altra Bank is offering a bonus of $300 when you open a new A+ checking or A+ Platinum account and complete the following requirements:
Use promo code CHK_A+300 and apply by July 26, 2024
Make 10 debit card transactions
The Fine Print
$300 cash bonus available for new and existing Altra members who open a new A+ Platinum or A+ Checking account in person or online between July 22 – July 26, 2024; Offer void if any Altra checking account or Altra membership has been closed within the last 6 months.
To receive offer, initial minimum ten (10) Altra debit card transactions must be posted within thirty (30) days of account opening.
ATM transactions do not qualify; Only debit card transactions processed by merchants and received by Altra as Point of Sale (POS) transactions count towards qualifying debit card transactions.
$300 will be deposited into new checking account within 60 business days of initial ten (10) debit card transactions posted.
One A+ Checking or A+ Platinum account per member; one offer per member. Must reference promo code: CHK_A+300.
Available for personal accounts only; not available to Guardianship, Rep Payee, or UTMA accounts. Offer valid for members age 16 and older.
A parent must co-sign if under age 18. For tax purposes, cash bonus may be reported as dividends. Membership eligibility required.
Limited time offer.
Cannot be combined with any other checking bonus.
Contact Altra for complete details.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
A+ checking account has no monthly fees to worry about.
Early Account Termination Fee
There is a $15 fee if closed within 90 days of account opening.
Our Verdict
Seems like a great deal especially if recent datapoints that suggest it’s a soft pull hold. Remember you only have until July 26 to apply so get on it.
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