[Expired] [GA only] Georgia’s Own Credit Union $200/$400 Checking Bonus

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: $200
• Availability: Must be a resident of Georgia
• Direct deposit required: Direct deposits of $500+ per statement cycle required
• Additional requirements: See below
• Hard/soft pull: Hard pull
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $5.95, not avoidable.
• Early account termination fee:
• Household limit: None listed
• Expiration date: August 31st, 2020

The Offer

Direct link to 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