Offer at a glance
Maximum bonus amount: $200
Availability: You live or work in one of the following 22 counties in Iowa
Direct deposit required: Yes, $500+
Additional requirements: None
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee:None
Household limit:None
Expiration date: September 30, 2024
The Offer
Corda Credit Union is offering a $200 bonus when you open a new checking account with a minimum deposit of $50 and complete the following requirements:
Use promo code NEW200
Schedule a recurring $500+ direct deposit of payroll or retirement income within 60 days of account opening
The Fine Print
1Must be 18 or older and meet membership requirements.
Not available to current Corda checking account holders.
To qualify for the $200, open a new Corda checking account with at least $50 and schedule a recurring $500+ direct deposit of payroll or retirement income within 60 days of account opening.
$200 will be deposited in checking account within 30 days of meeting these requirements.
Account must be opened on or before 09/30/24.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
High yield checking has no monthly fees to worry about.
Early Account Termination Fee
I didn’t see any EATF in the fee schedule.
Our Verdict
Difficult to pass judgement without knowing more about if it’s a hard or soft pull.
Hat tip to reader ShawntheShawn
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?
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