Update 2/2/25: Deal is back and valid until 12/31/2025.
Offer at a glance
- Maximum bonus amount: $350
- Availability: GA only
- Direct deposit required: Yes, ACH is required. Any ACH should work though
- Additional requirements: Use promo code
- Hard/soft pull: Mixed DP
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: 12/31/24
Contents
The Offer
- LGE Community Credit Union is offering a bonus of $350 when you open a new checking account and complete the following requirements:
- Use promo code LGE2025
- Set up an ACH transaction
- Spend a total of $500 across 15 transactions with your LGE debit or credit card
- Log into online or mobile banking to start automatically receiving eStatements
The Fine Print
- Bonus Offer valid 11/01/2024 – 12/31/2024 (“promotion period”) but may be withdrawn at any time. Bonuses may be taxable, please consult a tax professional.
- Offers may not be combined with similar product offers.
- Offer is only valid for new members who open a new High Rewards Checking (HRC) account with a $250.00 minimum initial deposit must be received within 90 days of account opening using LGE2024.
- All HRC requirements must be made to receive $350.00 bonus reward.
- Qualified accounts must be opened for 90 days to receive $350.00 bonus. Qualified accounts will receive the $350.00 bonus within 14 days following the 90-day qualification period.
- 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 fee to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule, so I’m unsure if there is an early account termination fee
Our Verdict
Great bonus especially as it says any ACH transfer will work. Previously this was only for $150 so this is a huge increase. Wouldn’t be terribly surprised if this was pulled early.
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
2024-11-27 Opened online, funded $250 with debit card
2024-12-17 7 debit card transactions $1-$2 each at utility
2024-12-19 7 debit card transactions $1-$2 each at utility and 1 $500+ debit card transaction at the grocery store
2024-12-23 $5 ACH push from external bank to meet “Set up an ACH transaction” requirement
2025-02-28 $350 bonus posted “LGE2024 HRC Prom”
opened 11/17, $1000 push from other CU 12/5/24, 15 debit card debits >$500 12/25/24, $350 bonus 2/21/25.
chex pulled , not sens. really high count.
Soft pull Experian
I work for a Fulton County company, hence allowed to submit an online application (US Citizen) from TX. Unfroze just Chex (Chex count LOL) & Equifax report and the app went to pending last night. This morning, got an email to upload my payslip, uploaded and got the approval email in couple of hours. Got a separate email to fund the account – ACH didn’t work even after multiple tries, hence funded the account using debit card options and it went through w/out issues. Now need to receive the debit card and honor the bonus terms. Planning to apply for P2 and P3 with family member option, since 16 yrs or above allowed to apply and P3 is 17 yrs.
Today, P2 successfully opened using family membership…Gonna call them tomorrow for P3 for some questions before applying.
P3 successfully opened today. Moving on to P4 now, since 13 years are above is also eligible and P4 is exactly 13. 🙂
I went to a branch to open In-Person and they did pull my Chex report and also asked me to thaw my Credit Report. I did get immediate alert from OnAlert about the chex pull, but nothing from Credit report and I’m assuming they did Soft Pull.
P2 approved without review. Funding errored out multiple times attempting transfer. Was able to fund via debit card without issue. P1 went to review. Received email requesting i lift the freeze on Experian. Thawed it and let them know. Received approval email within 24 hours. Funded with debit card.
Fee schedule: https://imgur.com/2uuNlcz
Account approved after sending in pay stubs. Initial deposit funded via debit card.
Not sure how strict is the minimum INITIAL deposit $250 rule in the term. Does it exactly have to be the first deposit? I think many people may screw up this if so.
Anyone know if I can close this today and the reapply to get the bonus? I’m a current LGE customer
Had some issues with the DL upload…had to put it in manually…pending with:
“Thank you for your online application with LGE Community Credit Union. Your application is being reviewed. LGE will contact you with your application status within 2 business days.
Approved after sending in DL copy. Super clunky website though… and have to go in branch to fund.