Offer at a glance
- Maximum bonus amount:Â $200
- Availability: Members, employees and students of Southeastern California Conference of Seventh-Day Adventists, Loma Linda University, Loma Linda University Health, and La Sierra University communities are eligible for membership. You are also eligible if you are a household member or family member (spouse, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, step siblings, and adoptive relationships) of a La Loma Federal Credit Union member in good standing.
- Direct deposit required:Â Yes, two totaling $3,500+
- Additional requirements:Â No
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Unsure
- Household limit:Â None
- Expiration date:Â None
Contents
The Offer
- La Loma Federal Credit Union is offering a $200 bonus when you open a new checking account and complete the following requirements:
- Receive 2 qualifying direct deposits within 60 days totaling at least $3500
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
eChecking has no monthly fees
Early Account Termination Fee
I wasn’t able to find a fee schedule, unsure if there is any EATF or not.
Our Verdict
Obviously very restricted, but might be useful to some readers. Share your datapoints if you go for it.
Hat tip to ShawntheShawn
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