Update 9/1/24: Deal is back and valid until Dec 31st, 2024. Hat tip to Massy Mass
Offer at a glance
Maximum bonus amount: $250
Availability: Can apply out of state for with a donation to Achieva Foundation along with one-time membership fee of $15 ($25 total)
Direct deposit required: Yes, two $500+
Additional requirements: See below
Hard/soft pull: Hard pull
ChexSystems: Unknown, Chexsystems sensitive
Credit card funding: None
Monthly fees: None
Early account termination fee: Unknown
Household limit: None
Expiration date: August 20, 2024
The Offer
Achieva Credit Union is offering a $250 bonus when you open a new checking account and complete the following requirements
Offer requires two (2) or more newly established qualified direct deposit(s) totaling $500 or more per month within ninety (90) days of account opening
The Fine Print
$250.00 bonus offer open to primary members 18 years of age or older, opening a new Achieva Checking or Achieva Checking Plus account in-person, online or via our Member Service Center as the primary member with a debit card between May 22, 2024 and August 20, 2024.
Member cannot have had a checking account within the last ninety (90) days.
Limit of one (1) $250.00 bonus offer per primary member.
All accounts subject to eligibility and approval requirements.
A $15 lifetime membership fee is required with a $1 deposit to open your membership account and cannot be paid with bonus offer proceeds.
No minimum balance required.
Offer is also available for new Achieva Checking account holders, however this account is non-interest bearing.
Offer requires two (2) or more newly established qualified direct deposit(s) totaling $500 or more per month within ninety (90) days of account opening.
A qualifying direct deposit is a recurring direct deposit of a paycheck, pension, social security, or other regular monthly income electronically deposited into a checking account. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, person-to-person payments, cash advance, transfers from a bank or brokerage account, or other electronic deposits.
Bonus offer(s) will be paid to account memberships in overall good standing within ninety (90) days of satisfying minimum direct deposit requirement.
Direct deposit must be continuous and active at the time bonus is paid.
Only one bonus will be paid per primary member meeting qualifications.
Primary members who are joint on another share account are only eligible with a new qualifying direct deposit. Bonus offer(s) may be taxable and are the sole responsibility of the recipient. Offer(s) may be withdrawn or changed at any time without notice.
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
Wasn’t able to locate a fee schedule so unsure.
Our Verdict
Worth doing if you don’t mind the hard pull.
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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