Update 12/2/24: Deal is back and valid until 12/31/24. Hat tip to GT5000
Update 7/21/19: Deal is back and valid until September 30th, 2019.
Reposting as it’s a confirmed soft pull and $2000 in credit card funding
Offer at a glance
- Maximum bonus amount: $100
- Availability: Restricted to people in the 7-county Denver Metro Area
- Direct deposit required: None
- Additional requirements: 2 deposits & 10 transactions
- Hard/soft pull: Soft pull (reports of hard pull)
- ChexSystems: Unknown
- Credit card funding: Can fund up to $2,000
- Monthly fees: None
- Early account termination fee: None
- Expiration date:
January 31st, 2017 None listed
The Offer
- Receive a sign up bonus of 14,000 rewards points (worth $100) when you open a new checking account with Westerra Credit Union and complete the following requirements within 60 days of account opening:
- Make two deposits
- Complete ten transactions
The Fine Print
- Get 14,000 Bonus Reward Points (equal to $100 cash back) when you open a Westerra checking account and activate it by making two deposits and ten transactions within 60 days from account opening.
- Bonus Reward Points will be credited to your Westerra Rewards account the month following activation.
- Deposit of $5 in savings account required.
- Membership fee waived.
- Limit one t-shirt per person.
Avoiding Fees
There are no monthly fees for this account and the $5 membership fee is waived as well. I didn’t see any mention of an early account termination fee in the fee schedule.
Our Verdict
Looks like a great deal as it doesn’t specify what a deposit is, so I guess any deposit will count (e.g payroll not required). It’s nice that you can fund with a credit card as well. Will be adding this to our list of the best checking bonuses available.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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
Funded account with $2,000 on Citi Double Cash – coded as purchase.
Extremely Chex sensitive. I do live in service area.
I have had 2 inquires this year March and June. Quite a bit last year though, currently at 21 in the past 2 years.
Not worth the $100 for the Chex hit.
Add +1 to the “beat it list” online experience. Live in the service area.
“Thank you for your interest. At this time your application has been denied”.
My Chex reported openings are 5 or 6 through 2024.
Denied must be chex sensitive as other comments below say.
They have a referral promotion going on as well. Referrer get $50 and new member gets $100.
https://www.westerracu.com/refer-a-friend
According to terms, the $100 that the new member gets via referral is the same offer as just opening a new account so they won’t stack.
“Refer a Friend
This offer is valid from November 13 to December 31, 2024. To participate, individuals must be legal residents of the United States of America and at least 18 years of age. Referrers are required to visit the Refer a Friend site and complete on-screen referral form to refer friends, family members, or colleagues. Referred individuals must be new members to be eligible. Referrers may refer a maximum of one (1) individual per session and a total of up to ten (10) individuals throughout the entirety of the Program. Upon making a referral, the individual shall be designated as a “Referrer” and will receive subsequent communications regarding the bonus awarded. Referred individuals (“Friend” or “Friends”) must complete the referral process by opening either a Smart Money Checking or Money Market Select account during the promotional period. Eligibility Requirements: 1) A Referrer must be a member of Westerra in good standing. 2)Referred Friends must be at least 18 years of age and must be new members of Westerra. 3) Employees, officials, and volunteers of the Company are eligible to participate. Upon fulfillment of all requirements, the bonus will be delivered via a gift card 30 days after the new account meets requirements. To qualify for the bonus, the enrolled account must not be closed or restricted at the time of payout. Eligibility may be further limited based on account ownership. Friends are eligible to receive a $100 bonus for opening an account under the referral program. This is the same $100 bonus offered to all new members for opening a qualifying account during the promotional period; Friends are not eligible to receive an additional $100 for being referred.”
New members only with no existing accounts. Bonus terms need to be updated. Current bonus only requires opening a checking or money market account plus activate digital banking.
Anyone know if it’s still Chex sensitive
No hard inquiry, but definitely ChexSystems sensitive. Just declined my online application because of that reason
Tried it. Denied for too many chex inquiries. DOES pull chexsystems.
So does Citywide Banks, while I’m at it (tried at the same time and also got denied).
This is not a soft pull, it’s a hard pull.
Visited the branch near my house to ask about hard/soft pull. They told me it’s a hard pull.
Applied online. It was indeed a hard pull.
Funded 2k with Chase CC. Reduced cash advance limit to $100 No issues.
August 2019.
Followup on my earlier comment.
Hard pull. Had to call repeatedly (3x) to get the points added to my account and then cash out for $100. Chex sensitive. Not recommended, although the 2k in credit card funding was nice.