This deal is no longer available, you can view more checking bonuses worth doing by clicking here.
This is now available at their South Street Branch only.
Offer at a glance
- Maximum bonus amount: $135 without any loans or referrals
- Availability: In branch at Philadelphia, PA only
- Direct deposit required: Yes, no minimum specified
- Additional requirements: See below
- Hard/soft pull: Hard pull
- ChexSystems: Unknown
- Credit card funding: UnknownÂ
- Monthly fees: None
- Early account termination fee: None listed
- Household limit: None
- Expiration date:
March 31st, 2017April 30th, 2018
The Offer
- Open a new checking account with American Heritage Credit Union at their Feasterville branch and receive a bonus of up to $135:
- $100 for opening with direct deposit and debit card (awarded 60 days after opening)
- $5 for enrolling in eStatements (awarded 60 days after enrollment)
- $5 for using their eDeposit (must be submitted before 12 pm EST on 3/31/17, awarded 45 days after 1st deposit)
- $25 for enrolling in their OnLine Teller or Mobile Teller App (awarded 60 days after enrollment or two billing cycles)
The Fine Print
- All accounts must be open and in good standing to receive monetary incentives.
- Account activity must be completed at the AMHFCU Stowe branch, located in the Roberts Center for Pediatric Research of CHOP at 271 South Street, Philadelphia, PA 19146 to be eligible.
- Members receiving incentives will be sent an IRS Form 1099 and may be responsible for paying taxes on the incentives.
- Offer valid from 2/5/18 until 4/30/18. Offer not valid on existing AMHFCU loans.
- Earn $100 when you open a new checking with direct deposit and a debit card, awarded 60 days after opening.
- Earn $5 when you enroll in eStatements, awarded 60 days after enrollment. Earn $5 when you deposit your first check using eDeposit; awarded 45 days after first deposit is made.
- eDeposit must be submitted before 12 pm EST on 4/30/18. Earn $25 when you enroll in OnLine Teller and/or Mobile Teller and pay a bill using the service.
- Awarded 60 days after the payment is made.
- Bill Payment must be submitted before 12 pm EST on 4/30/18.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
They offer a totally free checking account with no monthly fees to worry about. I wasn’t able to see any mention of any early account termination fee in their fee schedule.
Our Verdict
Obviously a very limited bonus, not worth it given that it’s a hard pull as well. If anybody gives it a try then please share your data points in the comments. As always you can view the best checking promos here.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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
There’s a new $100 promo valid until the end of August – $75 for DD + $25 for debit purchases. Looks like it should be possible to open an account online. Not sure about the hard pull as there’s overdraft protection, but it’s also possible to remove a feature called Overdraft Privilege.
https://www.americanheritagecu.org/revolution/free-checking
William Charles Chuck
Anybody want to refer me? Post your code?
Also, new link: https://www.amhfcu.org/celebrate70
The Stowe, PA branch, located at 540 Old Reading Pike
Pottstown, PA 19464 is near me, and I got targeted mailer in my name – that location should be eligible for the $135 bonus.
I’ll probably open this next week during my lunch break.
looks like its $135 as you said for the checking account, and also their cash rewards mastercard has a $150 sign up bonus after $1,500 of spend in 90 days – 3% gas, 2% restaurants, 1% everywhere else.
So 135+150 = $285.
Thats worth a hard pull and the work/time.
I’ll give it a go. They have a branch in my job’s basement.
As an aside, are there ever any Philly churning-style meetups? I’ve moved back recently and would like to meet some similarly minded people (friends have no clue what I am talking about)
Would also be interested in this, although I haven’t heard of any
Also interested. If something like that doesn’t exist, we can coordinate on creating one.
Cheers
Also interested, my friends think I’m nuts!
I’m interested too. You guys want to plan something?
Another benefit is that they give a free Experian FICO score 2 each month.
https://www.amhfcu.org/services/account-access/online-teller-bill-teller/fico-score-service/
DPs on Hard/Soft Pull page, indicate it is a Hard Pull. Just as a heads up/warning.
Thanks, updating now.