Offer at a glance
Maximum bonus amount: $150
Availability: Must be a University of Illinois student, alumni or live/work in one of the following counties: Champaign, Coles, DeWitt, Douglass, Edgar, Ford, Iroquois, Moultrie, Piatt, Vermilion, Sangamon
Direct deposit required: No
Additional requirements: 10 debit card transactions
Hard/soft pull: Soft pull
ChexSystems: Yes
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Unknown
Household limit: None listed
Expiration date: 12/31/2024
The Offer
U of I Community Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements:
Open a new checking account
Complete 30 debit transactions
Log in to Digital Banking
The Fine Print
New Checking Account bonus offer available to members who open a new qualified checking account at UICCU between 8/1/2024 and 12/31/2024.
Members who have held any type of UICCU checking account in the last 180 days or members who have received another checking promotional bonus offer are not eligible for the New Checking Account bonus offer.
Offer limited to one New Checking Account bonus offer per member up to $150 maximum.
To receive the New Checking Account bonus offer, the member must (i) meet all eligibility requirements to hold a new first time checking account at UICCU, including making the required minimum deposit (ii) complete a minimum of 30 valid debit card transactions from the new UICCU checking account within 60 days of account opening (iii) register for or login to Digital Banking within 60 days of account opening (iv) maintain the account in good standing as of the New Checking Account bonus payout date.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
iChecking account has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a full fee schedule, so unsure if there is any early account termination fee.
Our Verdict
Better than the previous $100 bonus as it’s bigger and no direct deposit is required this time. Worth doing if eligible and we will add this to our list of the best checking bonuses.
Hat tip to reader snailrock
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