[IN, KY] Centra Credit Union $150 Checking Bonus

Offer at a glance

• Maximum bonus amount: $150
• Availability: IN, KY
• Direct deposit required: Yes
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: No
• Expiration date: None listed

The Offer

Direct link to offer

• Centra Credit Union is offering a $150 checking bonus when you open a new Cashback Checking and High Interest Checking accounts only. Bonus is as follows:
  • $50 bonus
    • Sign up for eStatements.
    • Receive at least one direct deposit into your new checking account.
  • $100 bonus
    • Sign up for eStatements.
    • Receive at least one direct deposit.
    • Bring $10,000 in new business with Centra
  • $150 bonus:
    • Sign up for eStatements.
    • Receive at least one direct deposit.
    • Bring $10,000 in new business with Centra.
    • Have a consultation with Centra Financial Services.

The Fine Print

• Offer is available on Cashback Checking and High Interest Checking accounts only.
• To qualify for this offer, you must qualify for Membership with Centra. You will have 90 days from the date you open your checking account to complete qualifying activities to earn an incentive.
• All earned incentives will be deposited into your Member Loyalty Account within 30 days after the 90-day qualification period.
• To earn the $50 incentive, you must have signed up for electronic statements (eStatements) and received at least one direct deposit into your new checking account within the qualification period. Electronic statement enrollment requires an active digital banking login.
• You can earn the $100 incentive by meeting the qualifications for the $50 incentive and also bringing a total of $10,000 in new loans, credit lines such as credit cards, or deposits to the Credit Union. Your qualifying loans, deposits, and credit lines must be new money to Centra Credit Union. You may refinance an existing loan with cash out or increase an existing line of credit to qualify, but only new money out or increases to your existing credit lines with Centra will count toward your $10,000 qualification.
• You can earn the $150 incentive by meeting the qualifications for the $100 incentive and also meeting with a Centra Financial Services (CFS) representative to discuss your financial needs. You are not obligated to open any new accounts or services with CFS to earn your incentive. CFS is not insured by NCUA.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Neither account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Not really worth doing due to needing to bring over $10,000 to hit even the $100 tier.

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