[CA, TX, ID only] TechCU $500 Checking Bonus [Select Employer Groups]

Bonus is for select employer groups only, it does list Financial Fitness Association so it might be possible to join that way but don’t think you’d be eligible for the bonus.

Offer at a glance

• Maximum bonus amount: $500
• Availability: CA, TX, ID
• Direct deposit required:$1,500 per month for six months
• Additional requirements: None listed
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: Up to $125, Visa/MC/Discover
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: 6/30/2025

The Offer

Direct link to offer

• TechCU is offering a $500 bonus when you open a new checking account and complete the following requirements for six consecutive months:
  • receive $1,500 or more in direct deposits (excluding bank-to-bank transfers) in any account
  • post at least 5 debit card transactions

The Fine Print

• Available to employees and contractors of member companies.
• To qualify for $500, open a new Tech CU checking account by 06/30/2025 and, for six consecutive calendar months, (1) receive $1,500 or more in direct deposits (excluding bank-to-bank transfers) in any account and (2) post at least 5 debit card transactions.
• The first direct deposit and first five debit card transactions must be posted within the first two calendar months after account opening.
• For example, if your opening date was 7/1/24, you would need to have received direct deposits of at least $1,500 and posted 5 debit card transactions by 8/31/24.
• A $500 credit will post to the checking account and be available for withdrawal on the first of the month following the last month of all requirements being fulfilled.
• If the checking account is closed less than 6 months after account opening, or the required minimum transactions are not completed, the $500 account credit and any dividends will be forfeited.
• Must be 18 years or older.
• Offer valid only for individuals who open new checking accounts and are in good standing. Offer not available on Health Savings Accounts or Business Accounts. Rates and terms subject to change without notice.
• 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

Account needs to be kept open for six months

Our Verdict

Good bonus but shame the requirements need to be met for six months. Might be difficult to get approved as well.

Hat tip to Raymond

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