Deal has ended, view more bank account bonuses by clicking here.
Update 8/12/23: Deal is back and valid until September 30, 2023.
Update 3/14/23: Bonus has been increased to $400. Hat tip to reader Woody
Update 3/1/23: Extended until April 30, 2023.
Update 2/5/23: Deal is back and valid until February 28, 2023. Hat tip to reader Bockrr
Update 6/12/22: Deal is back and valid until July 31, 2022. Hat tip to reader lucy
Offer at a glance
- Maximum bonus amount:Â $200
- Availability:Â Must be a resident of Georgia
- Direct deposit required:Â Direct deposits of $500+ per statement cycle required
- Additional requirements:Â See below
- Hard/soft pull: Hard pull
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â $5.95, not avoidable.
- Early account termination fee:
- Household limit:Â None listed
- Expiration date:Â August 31st, 2020
Contents
The Offer
- Georgia’s Own Credit Union is offering a bonus of $400 when you open a Perks+ Checking Account and complete the following requirements:
- You must register for online banking
- make six (6) debit card transactions per month, and
- have $2,500 in qualifying direct deposits per statement cycle.
- You can get a $200 bonus when you open an All Access or i[check] account when you complete the following requirements:
- You must register for online banking
- make six (6) debit card transactions per month, and
- have $2,500 in qualifying direct deposits per statement cycle.
The Fine Print
- Online offer only valid July 1, 2020 through August 31, 2020.
- Georgia’s Own will give you $200 when you open up a new Perks+ Checking account or $100 when you open up a new All Access Account.
- Offer does not apply to business, employee, second, or multiple checking accounts with Georgia’s Own.
- If you had a checking account with Georgia’s Own in the last 90 days, you are not eligible for this offer.
- The bonus will be paid within 90 days after account opening and is subject to the following requirements: the member must establish a monthly direct deposit of at least $1,000 per statement cycle; the member must register for online banking; the member must complete 6 debit card transactions within each of the two statement cycles after account opening.
- Account must be open and in good standing at the time the bonus is paid. Accounts are subject to approval
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Perks+ account that is required for this bonus has a $5.95 monthly fee that cannot be waived.
Early Account Termination Fee
I wasn’t able to find an early account termination fee in the fee schedule.
Our Verdict
This is another bonus where we need to know if it’s a hard or soft pull to open, if anybody goes for it then please share your experiences in the comments below.
Hat tip to reader Sagan
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
Has anyone tried Fidelty for this?
Anyone know if using SquareUp for direct deposits works to trigger this bonus?
Got a hard pull on Equifax
new terms say 24 months since last account. I have churned this one 3 times. appreciate the bonus but found this to be the worst cu to deal with. the never mail the debit card, they don’t open the right checking account so you have to call or sm about everything.
Chuck Bonus offer is back now its only valid August 1, 2023 through September 30, 2023 William Charles
Was denied bonus because my direct deposits were over$500 not over $2500 but I opened the account in February before they changed the terms. Replied with screenshots, still denied.
I would file a complaint with CFPB
Was denied promotion, because CashApp Transactions don’t count as Debits.
Another reason stated by Team was account is not in good standing.
You win some and you lose some.
I used CashApp and luckily there were counted even though I had to message to get the bonus.
Denied due to chex but why did they do Hard pull on Equifax?
Do folks have DPs of what counts as DD other than ameritrade mentioned below?
Offer only valid March 1, 2023 through April 30, 2023
Georgia’s Own will give you
$400 when you open up a new Perks+ Checking account or
$200 when you open up a new All Access Account or i[check] account