Offer at a glance
Maximum bonus amount: $300
Availability: Select employee groups
Direct deposit required: Yes, no minimum for six months
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: None
Household limit: None
Expiration date: 12/31/24
The Offer
Energy One Credit Union is offering a $300 bonus when you open a Free One Checking or Premier One Checking account and complete the following requirements:
Sign up for mobile/online banking.
Have a monthly direct deposit for six months from time of account opening
The Fine Print
Offer available until 12/31/24 and is not available to existing Energy One Credit Union checking members.
A minimum $50 opening deposit is required.
The offer is not available to those whose accounts have been closed within the last 90 days or closed with a negative balance.
Limit one new checking bonus per person per account.
Application is subject to approval.
The account must remain open and receiving your payroll direct deposit for six months from the time of the account opening.
This promo is only for Premier One and Free One Checking accounts.
This promo can be changed, amended, or canceled at any time by Energy One Federal Credit Union.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Free one checking has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find an EATF in the fee schedule.
Our Verdict
Normally I don’t post bonuses that are only available to select employee groups but to be honest I finished writing this post before I realized that. Hopefully useful to some readers.
Hat tip to 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?
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