Update 7/20/24: Extended to 9/1/24 with new promo code “FAIR250” and bonus is now $250
Update 3/3/24: Deal is back with promo code EAST24.
Update 2/4/23: Deal is back with promo code 90YEARS. Hat tip to reader Scott
Offer at a glance
Maximum bonus amount: $200
Availability: Must lives, works, worships, or goes to school in Central and Southwest Ohio
Direct deposit required: No
Additional requirements:
Hard/soft pull: New datapoints say soft pull
ChexSystems: Yes
Credit card funding: Unknown
Monthly fees: $6, avoidable
Early account termination fee: Unknown
Household limit: None listed
Expiration date: 7/31/2023
The Offer
Telhio Credit Union is offering a $200 checking bonus when you open a new Basic, Choice, or Prime Checking account and complete the following requirements:
Use promo code 90YEARS
Enroll in e-statements
Make 5 transactions
The Fine Print
Telhio is open to anyone who lives, works, worships, or goes to school in Central and Southwest Ohio. Federally insured by NCUA. Equal Housing Opportunity. Offer for new Telhio Checking Accounts only. Basic, Choice, or Prime checking account must be opened at the Telhio Credit Union Grandview branch or online at telhio.org. Offer postcard must be presented at time of opening. Must use promo code GRAND23. To qualify for $200 cash back, must enroll in e-statements and make 5 debit transactions within 45 days of checking account open date. Open date must be before 7/31/2023. Bonus cash back will be deposited within 90 days of account opening. Offer may be amended or suspended at any time.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Basic checking has a $6 monthly fee. This is waived if you maintain an average balance of $300 in all of your accounts, or have at least one direct deposit a month
Early Account Termination Fee
Our Verdict
Shame about the hard pull, but if you don’t care about that then this is a really good bonus and easy to meet the requirements for. We will add this to our list of the best checking promotions.
Hat tip to reader Scott S
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