Offer at a glance
- Maximum bonus amount: $100
- Availability: MI only
- Direct deposit required: Yes, $250+
- Additional requirements: eStatements
- Hard/soft pull: Unknown
- Credit card funding: Up to $1,000
- Monthly fees: None
- Early account termination fee: Account must remain opening and in good standing for at least six months, otherwise bonus will be forfeit.
- Expiration date: None listed
The Offer
- Open a free checking account with Zeal Credit Union and enroll in eStatements and direct deposit (one direct deposit of at least $250 is required) and receive a sign up bonus of $100
- There is a referral bonus of $25 which can be combined with the above offer, the person referring will receive $25 (person being referred will only earn the $100 listed above). More information here: https://referzeal.org/
The Fine Print
- Must complete the requirements within six months of account opening
- Account must remain opening and in good standing for at least six months, otherwise bonus will be forfeit.
- Bonus will be deposited once it’s been verified that the requirements have been met.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There are no monthly fees on this account, you need to keep the account open for at least six months otherwise you’ll forfeit the bonus. There is a $2 fee to join the credit union and you need to put $5 into their share savings account before opening the checking account.
Our Verdict
This isn’t a bad bonus, but it’s definitely not great either. How useful it is will depend on whether it’s a hard or soft pull to open, if you can fund it with a credit card and also what counts as a direct deposit. If you have any experience with this bonus then please share it in the comments below.
Hat tip to reader Don
Soft Inquiry