Offer at a glance
Maximum bonus amount: $300
Availability: Must be New Mexico resident. OOS doesn’t work
Direct deposit required: Yes
Additional requirements: See below
Hard/soft pull: Soft pull
ChexSystems: Unknown
Credit card funding: Up To $105
Monthly fees: None
Early account termination fee: $5, 3 months
Household limit: None listed
Expiration date: 12/31/2025
The Offer
Del Norte Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements:
Direct deposit
eStatements
Register for online banking.
The Fine Print
iSWITCHED offer valid until 12/31/2025.
One time $300 reward will be automatically deposited into your account at 90 days from account opening date, as long as requirements are met.
One reward per social security number will be paid. $5 minimum deposit is required to open membership.
Discounts available on any consumer loan with full payroll deposit and automatic payments on that loan, subject to loan approval and availability.
One match per family up to $50 during the first year only for Holiday Savings Club and Youth Savings account.
Mortgage appraisal fee discount will be offered one time only. Rewards are subject to IRS reporting.
Consult your tax advisor regarding tax obligations.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Free 4 me has no monthly fees to worry about.
Early Account Termination Fee
There is a $5 fee if closed within 3 months of account opening according to the fee schedule.
Our Verdict
Doesn’t look like any minimum for the direct deposit requirement, worth doing if you live in New Mexico I think. Will be added to our best bank bonus page.
Hat tip to ShawntheShawn
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