Ascend Federal Credit Union $100 Checking Bonus Hendersonville, TN Branch Only (No Direct Deposit Required)

Offer at a glance

• Maximum bonus amount: $100
• Availability: Hendersonville, TN Branch Only
• Direct deposit required: No
• Additional requirements: 10 debit card transactions
• Hard/soft pull: Mixed DP 
• ChexSystems: Unknown 
• Credit card funding: Unknown 
• Monthly fees: $3
• Early account termination fee: $15, 60 days
• Expiration date: December 31st, 2016

The Offer

Direct link to offer

• Receive a bonus of up to $100 when you open a new Ascend Federal Credit Union checking account at their new Hendersonville branch. Bonus is broken down as follows:
  • $50 for simply opening the account
  • $50 for completing 10 debit card purchases

The Fine Print

• Ascend Federal Credit Union (Ascend) will award one (1) $50 deposit to any new member who opens a checking account and an additional one (1) $50 deposit after 10 debit card purchases have been completed, within the promotional period
• Offer rewards will be awarded within thirty (30) business days of the end of the promotion period via direct deposit into the eligible checking account
• Members who have opened and closed an Ascend checking account within the previous 12 months are not eligible for this offer.
• Prospective members must establish membership and open a checking account at Ascend’s Hendersonville financial center.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Fee schedule found here.

There is a $15 early account termination fee if closed within 60 days of account opening. There is a $3 monthly fee that is waived if you meet any of the following requirements:

• Maintain an average monthly balance of at least $100 in a savings or checking account
• Have a Preferred checking account; have a Share certificate
• Bave an active non-delinquent loan (including credit cards)
• Gave a Money Market account with a balance of at least $2,500
• If you are 18 years of age or younger

It’s not clear if the checking account also has a monthly fee or not.

Our Verdict

Update: Definitely not worth doing now that we know it’s a hard pull to open. You can view checking bonuses we do think are worth completing here.

Bonus requirements are pretty easy, but I find the fee schedule a little confusing to be honest. If you live close to the branch it’s probably worth going in and finding out if it’s a soft pull and what all the fees are, if you do that then please let the rest of us know in the comments as well.

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• A Beginners Guide To Bank Account Bonuses
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• 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