Hanscom Federal Credit Union 5% APY, On Up To $6,000

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• CU-Thrive seems to have disappeared altogether, links to it no longer work, and I can't find it anywhere on their website

  • Offer is still expired, still not on website.

  • It's been gone for a long time IIRC.

• DP: Closed via SM, next day. Account(s) disappeared from online banking. Login currently works. CANNOT access statements anymore.

  • @guest_1381961 planning to close as well. i wonder what happens to the $25 remaining balance in the PRIME SHARES account which is not available to withdraw on your own. thanks !

    • They will mail you a $25 Cashiers Check free of charge... That's very standard for credit unions.... except it's usually only $5. @guest_1854077

• FWIW, the Hanscom Thrive product *might* not be able to be used more than once anymore. In the past I have filled one page renewal forms to restart a new one every year as the interest rates are usually competitive and the account is easy to automate. However, this year I didn't get a renewal form, just a letter that said this:

  "Now that you have achieved your savings goal, meet with a Financial Wellness Coach and set a new one. Our products and services are flexible and can be tailored to your specific needs and goals."

  My renewal isn't until mid-January. I'll try to open a new Thrive account then and see what happens.

  • Since the rate is only 5% APY, why would you want to go through the hassle of doing Thrive? Many banks are above 5% without gimmicks. I chose not to renew mine several months ago.

    I was thinking that maybe you wanted the CC funding, but IIRC... they don't let you do that because you have to call to open/renew that account, and last I knew, CC funding is only $100 now on other deposit accounts.

    If it's your local credit union and you want to support them, no worries & no judgment.

• Is the referral bonus still active? I can’t find the webpage to refer people anymore.

  • Referral program is paused (read cancelled)
    With this and Kasasa Checking gone I am wary if this CUs health is seriously declined.

• The $10 per month cash-back account will be gone soon:

  "Effective November 1, 2023, if you have Free Checking, Kasasa Cash Checking, or Kasasa Cash Back Checking, your account will be migrated to Your Way Checking. If you have Kasasa Saver Savings, your account will be migrated to Your Way Savings. You will continue to have no minimum balance requirement and no monthly maintenance fee, and your account number will remain the same. These changes will keep more money in your pocket and working for you."

  • P1-P3 got the last $10 reward from this today. The checking accounts have already converted over as well. I also see that the referral program is gone. If you're not regularly using this account, I would try to zero it out and close it asap before they start charging inactivity fees or something.

    • 🪦RIP Hanscom🪦
      You will always be remembered for your $2k CC funding and $10 monthly rewards.

  • Somewhat unrelated, has anyone had an issue with Cash App transactions going through but not showing up in online banking?

    Guess it doesn't matter much since this is the last month.

    • Sometimes the transactions don't show up until next day. That's with Verizon too.

  • received this snail mail as well

    • Received this same mail
      Is there any reason to continue with the new account?
      @guest_1692388 @guest_1692360 any thoughts?

      • Between the CC funding being reduced to $100, and now this removal of the Kasasa $10/month, it's the end of the road.

        Unless you want to keep a no fee credit union that might run a better promo or referral offer in the future.

        • I just remembered I haven't closed it yet.
          Did you close yours completely or closed checking only?

        • Closed completely. I acquire too many accounts and couldn't think of a reason to keep it. @guest_1480777

        • ty

  • Oh damn it, I just utilized the $10 cashback for 3 months...

  • Aww :(

• What to you expect the total interest to be for this CD
  since it is funded partially each month?

  • About $160. Your average deposit will be around $3200. Mine closed at $6158.17, but it was only 362 days because of a weekend.

• Can confirm that cc funding for a CD has been reduced to $100 max. Not sure about new accounts. RIP

  • It was confirmed here that the $100 limit applies for new member accounts too: https://www.doctorofcredit.com/does-funding-a-bank-account-with-a-credit-card-count-as-a-purchase-or-cash-advance/#comment-1637343

    • yea. this is my only account that takes AMEX funding to 2k:(..Anyone has other good Amex funding options?

      • Do you mind sharing if your AMEX is a charge card or credit card?

• Did this code for "Office and Shipping" with anyone's Ink card? Mine did.

  • @guest_1586205 Did you also get the 5% cat?

    • I haven't been awarded any points yet. I'll post the results.

      • @guest_1586205 did it post as 'Office and Shipping?'

        • It did post as Office and Shipping. Cross my fingers that it will get the 5x points.

        • @guest_1586205
          What credit card did you use that office supplies was a special category? Was it a Chase ink? Did you get 5 points?

        • @guest_1586205 Did it get 5x? Thanks

• DP: I applied online, from my office at work, and was denied because they "were unable to verify your identity or other personal information at this time."
  I called in and the customer service rep said that I was denied because my IP address's address didn't match my home address?! They asked if I was using a VPN. I'm not. She said apply for the account again when I'm at home.

  In synopsis, apply for this account at home, not at your work. Probably sage advice anyway. :-)

• The extra $5 bonus for making 32 debit card transactions in March posted for P1-P3 on 5/1 to our Prime Share savings accounts. We only had to make an extra 20 Venmo P2P debit card transactions each since the Kasasa cashback checking account already requires 12 transactions monthly/per statement cycle. We all did receive the promotional mailer, not sure if it was targeted or not. Love it when banks and credit unions offer small extra rewards just for making some debit card transactions.