Update 10/12/24: Bonus is back at $200.
Update 11/29/22: Bonus now $200.
Update 7/24/21: Available again, no end date listed. Hat tip to reader Pang.
Update 8/16/20: Deal is back through August 27th with promo code SAVE.
Offer at a glance
Maximum bonus amount: $150 $200
Availability: Any and all persons who live or regularly work in El Dorado, Placer, Sacramento, Solano, Sutter, Yolo and Yuba Counties, California, as well as any and all businesses, corporations, and/or other legal entities in the aforementioned counties
Direct deposit required: Yes, no minimum specified
Additional requirements: None
Hard/soft pull: Soft, report of hard pull
ChexSystems: Unknown
Credit card funding: Yes, up to $500
Monthly fees: None
Early account termination fee: Unknown
Household limit: None listed
Expiration date: August 24th, 2018 August 27, 2020 December 31, 2024
The Offer
Open a new Sacramento Credit Union free checking account and receive a bonus of $200 when you receive a direct deposit within 60 days of account opening.
The Fine Print
Existing Sacramento Credit Union checking account holders are ineligible for the $200 bonus. Direct Deposit (electronic transfer for payroll, pension or government benefits) must post to new checking account by day 60 after account opening.
A $200 bonus will be deposited into the new free checking account on the first business day after 60 days of the account opening.
Bonus is considered interest and will be reported on IRS form 1099-INT.
Offer valid through December 31, 2024.
Avoiding Fees
You need to pay a $5 fee to join.
Monthly Fees
The free checking account required has no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee.
Our Verdict
Not a huge bonus, but better than the previous $100 deal they have had. The small amount of credit card funding and the fact that there is no monthly fees to worry about is nice. I’ll be adding this to our list of the best checking account bonuses.
Big thanks to reader, EW who let us know. Learn how to find bonuses and contribute to the site here.
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