Offer at a glance
- Maximum bonus amount: $150
- Availability: Our membership is open to immediate family of Credit Union West members, Credit Union West employees, and anyone who lives, works, or worships in our membership coverage area, which includes all of Arizona (with the exception of Graham, Greenlee, La Paz and Santa Cruz counties)
- Direct deposit required: Yes
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: December 31, 2024
Contents
The Offer
- Credit Union West is offering a bonus of $150 when you open a new Heritage High-Yield Checking and complete the following requirements
- Use promo code JOIN150
- One ACH credit/Direct Deposit must be established.
- Must have at least 15 point-of-sale or purchase transactions post and settle to your account within 30 days of account opening
The Fine Print
- Promotional offer is only valid for one new membership per person; offer is not valid for existing members.
- $5 minimum balance required for membership account.
- One ACH credit/Direct Deposit must be established. Must have at least 15 point-of-sale or purchase transactions post and settle to your account within 30 days of account opening. The new account must be open and in good standing for at least 90 days before the $150 is available for use.
- Any taxes are the responsibility of the recipient and are reported on a 1099-INT.
- Coupon is non-transferable and non-negotiable for cash. Program subject to change without notice.
- Bonuses are considered interest and will be reported on IRS Form 1099-INT.
- 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 no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find the fee schedule, so I’m unsure if there are any early account termination fees or not
Our Verdict
Not as good as the previous $300 bonus, but seems to be open to more areas now. I’d probably wait for a bigger offer to return before jumping on this and we won’t add it to our best checking bonus page.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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
- Bank Bonus Posting Times
Does anybody know about the bonus requirement for “One ACH credit/Direct Deposit must be established.” Can any old ACH deposit qualify or does it have to be one of the standard Direct Deposits such as payroll or government benefits.
I can call them on Monday, but was wondering if anybody has checked into this already.
Would like to know also! Did anyone get the bonus with an ACH only?
I live in AZ in one of the counties allowed. I applied, got a response they would review & contact be email within 2 biz days.
They do pull Chex, got an alert from a monitoring service.
They do allow CC funding. I only did $200 funding, first tried Amex, no go, so used a 2% cashback MC.
Not sure the “previous $300 bonus” was better, only Maricopa & 1 other county, req’d $10k bal. for 90 days, and req’d “direct deposit”. this one allows ACH. ,
Which monitoring service is that, and is it free?
On Alert from Chex Systems – onalertid.com. I got it free for 1 year from some data breech. not sure if it’s free
Did you end up getting approved? How’s your Chex? I live in AZ but my Chex is LOL so wondering if I could get approved.
Getting invalid promo code. https://pasteboard.co/B7pSAK5j0kOH.png
I also got an invalid promo code. Mark, were you able to get it fixed?
No. I sent them an email but I haven’t got a response.
Me too and they did. not answer
Andrew has the right fix. https://pasteboard.co/T6LLV5gdYhtD.png
Just experienced the same issue – make sure you are adding the checking account in addition to the share savings
Thanks, this fixed it!
For the banks that have the “lives, works, or worships in our area” requirements, does anyone know how they verify the “or worships” option? Thanks!
Some will ask for a letter from a church confirming weekly attendance.
One CU:
“we will need a letter on official letterhead from your church, stating that you are part of the weekly congregation.”
It all depends on CU. Sometimes they really want to see your resident address to be in that particular qualifying county, they really don’t care about that study/pray language – how would you pray or study in that qualifying county unless you live in that county. But, the finer argument with pray or study in a particular county, I believe, is for the ones who live in a county that is not eligible but pray or study in a bordering county that is eligible. Given the proximity with the bordering county, CU would qualify you if your address is close enough (per their judgment and exclusive discretion) to a school or praying place located in a qualifying county. It is not a successful strategy to use, unless you really live close by to a qualifying county by by some luck reside in another not qualifying county, which most likely may mean in a different state. If someone has a different experience, let us know.