[Expired] [CA & TX only] Premier America Credit Union $100 Referral Bonus For Both Parties – Direct Deposit Not Required

This bonus has expired and is no longer available. Click here for a list of the best banking bonuses.

Offer at a glance

• Maximum bonus amount: $100 for both parties
• Availability: Locations in California & Texas [Branch locator]. In branch only (maybe not)
• Direct deposit required: Optional, $100+
• Additional requirements: 3 debit card transactions per month for 90 days
• Hard/soft pull: Soft (make sure you opt out of overdraft protection)
• ChexSystems: Unknown
• Credit card funding: Yes, varies by product (at least $500)
• Monthly fees: $0+
• Early account termination fee: None
• Household limit: None mentioned
• Expiration date: None mentioned

The Offer

Direct link to offer

• Premier America Credit Union is currently offering a $100 referral bonus for parties when the person opening a new checking account completes ONE the following requirements:
  • Enrolls in monthly direct deposit of $100 or more OR
  • Makes at least three monetary debit card transactions per month for the first 90 days
• This is the referral form that needs to be completed

The Fine Print

• Referring member and new member earn $100 each when the new member opens a checking account and enrolls in monthly direct deposit of $100 or more; or makes at least three monetary debit card transactions per month for the first 90 days.
• $100 will be paid after 90 days if the checking accounts remain open and in good standing.
• Offer is subject to change or end without notice.
• New members and accounts are subject to approval.
• Existing members who open checking accounts are not eligible.
• Premier America reserves the right to disqualify any referral in circumstances where we reasonably believe they are not made in good faith.
• $100 incentive will be reported as dividend income.
• Other restrictions may apply and must be 16 years or older to qualify.
• An initial deposit of $5 in a share savings or $250 in a business savings account is required to join Premier America. ederally Insured by NCUA.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

The easiest account to keep fee free is the totally free checking account, as it doesn’t have a monthly fee. I wasn’t able to find an early account termination fee in their fee schedule.

Referrals

Reader Shawn signed up for the account with no bonus so he could refer people. E-mail him to get more information: shawnpettit@hotmail.com.

Our Verdict

This bonus is significantly better than I first thought as a direct deposit is not required and it’s a soft pull to open. Even better if you can refer some friends & family members as well. This will be added to our best checking bonus page.

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• How To Use Our Direct Deposit Page For Bank Bonuses Page
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