Offer at a glance
Maximum bonus amount:
Availability: MA, Pittsfield/Hinsdale area
Direct deposit required: Yes, $500+ per month for six months
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: $15, avoidable
Early account termination fee: Unknown
Household limit: None
Expiration date: None listed
The Offer
Pittsfield Coop Bank is offering a bonus of $750 when you open a new checking account and complete the following requirements:
$750 bonus
Open an interest checking account with a $500 minimum
Set up direct deposits, a minimum of $500 each month for six months is required
Sign up for a Mastercard debit card and uChoose rewards
Make 25 debit card transactions in any combination of POS Signature (credit) or POS Pinned (debit) transactions during the cycle period
$500 bonus is the same but only requires 15 debit card transactions
The Fine Print
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has a $15 monthly fee. This is waived with any of the following:
$2,500 in all savings, checking, and money market accounts combined
15 debit card transactions and electronic deposits of $500 or more
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Doesn’t work out of state. My reading is that the debit card transaction requirement is each statement cycle but others might disagree. If anybody signs up please share if it’s a hard or soft pull.
Hat tip to reader Gorb
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