[CT] Scient Federal Credit Union In Branch $100 Checking Bonus

Offer at a glance

• Maximum bonus amount: $100
• Availability: Live, work or regularly conduct business as part of my work, worship, attend school in, or am a business or other legal entity located in one of the following zip codes: 06320 or 06340 [Branch locator]
• Direct deposit required: Yes, $750+ required per month for twelve months to keep bonus
• Additional requirements: Print out coupon, bring coupon in
• Hard/soft pull: Unknown
• ChexSystems: Yes
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: Account must be kept open for twelve months and receive a minimum of $750 in direct deposits per month
• Expiration date: None listed

The Offer

Direct link to offer

• Scient Federal Credit Union are offering a $100 bous when you open a new checkng account and complete the following requirements:
  • Initiate direct deposit with a minimum of $750 per month within 60 days of opening a checking account
  • Print out your direct deposit coupon
  • Sign your coupon and bring it to any branch to receive $100 bonus

The Fine Print

• This offer is limited to one per account number.
• Members that already have a checking account at Scient FCU are not eligible for this offer.
• You must deposit at least $25 to open the checking account.
• To receive the $100 bonus, the minimum direct deposit must be in the amount of $750 per month.
• Member needs to notify the credit union within 60 days after the initial direct deposit has been received by Scient FCU to receive the $100 bonus.
• The $100 bonus will be added to the member’s checking account within 30 days of notification. Checking account must remain open for 12 months and have a direct deposit with minimum amount of $750/month or the bonus will be debited (subtracted) from the account balance at closing.
• This bonus will be reported to the IRS as a dividend. This offer can be modified or withdrawn at any time without notice.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

They offer a free checking account with no monthly fees or balance requirements. You need to keep the account open for 12 months have a direct deposit with a minimum of $750 per month otherwise you will forfeit the bonus.

Our Verdict

Bonus is a bit ridiculous, requires an active direct deposit for twelve months of $750 and only offers $100. There are so many bonuses out there that offer better value that I personally wouldn’t bother with this. If you do, please share your knowledge in the comments in regards to soft/hard pull.

Big thanks to reader, David who let us know. Please consider sharing bank bonuses with this site so we can make it even better.

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