Offer at a glance
- Maximum bonus amount: $100
- Availability: ID, WA & OR. More details here
- Direct deposit required: No, only ACH required of $250+
- Additional requirements: See below
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: Can fund with a credit card, up to $5,000
- Monthly fees: None
- Early account termination fee: $20, 180 days
- Household limit: None
- Expiration date: None listed
Contents
The Offer
- Gesa Credit Union is offering a bonus of $100 when you open a new Colossal checking account and complete the following requirements within 60 days of account opening:
- Enroll in Xpress Digital Banking.
- Sign-up for and receive eStatements.
- Complete 10 Gesa Visa® debit card transactions. (ATM transactions excluded.)
- Receive one ACH deposit of $250 or more.
- Deposit one item using Remote Deposit Capture.
The Fine Print
- Beginning June 1, 2021, for a limited time only, a $100 incentive will be paid by a direct deposit into the member’s savings account, after all qualification criteria are met and within 60 days of the checking account opening.
- The incentive payment is subject to required IRS reporting.
- To be eligible for the incentive, you must enroll in Xpress Digital Banking or Xpress Mobile Banking, sign-up to receive electronic statements, complete 10 Gesa Visa® debit card transactions (ATM transactions excluded), receive at least one ACH deposit of $250 or more, and deposit at least one item through mobile check deposit. Only one $100 incentive per member.
- Member must not have had a Gesa Checking account within the last 90 days.
- Qualified checking accounts are Colossal and ADDvantage.
- The checking account must be opened with a minimum deposit of $5 if opened in the branch and $25 if opened online.
- 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 fees to worry about
Early Account Termination Fee
A $20 fee is charged if the account is closed within 180 days according to this fee schedule.
Our Verdict
Previously this bonus has been as high as $150 with basically the same requirements. Might be worth waiting for that bonus to return. Even so I’ll add this to the best bank account bonuses.
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
View Comments (23)
@will @chucksithe New GESA offer can be found here https://www.gesa.com/promotions/checking-offer/
It's $200 for eStatements + 10 debit transactions and an additional $100 when you keep the account open for a year
I'm holding out for the big bucks: $150
I got declined for Chex (apparently). 6/12, 12/24, 27/36.
But what's really messed up is Gesa pulled Chex 3 times! Twice on the same day! I think I'll call them just to ask what the hell is up with that and maybe get two removed? I mean who does that?!?
FUCKKKKKKK! They ended the promotion! I had the page ready to go a few hours ago, and now they've removed it!
THOSE BASTARDS!
Huh, ok false alarm. Now the bonus is back up. Must have been a maintenance thing.
@guest_1253145 are you enjoying the GESA account?
Paid 1 day after completing all the requirements.
@guest_1229330 did you do the "Remote Deposit Capture"? I don't have any checks and wondering if I really need to do it or not.
Oh ya, I'm sure you don't have to complete one of the requirements even though it says remote deposit is required. I'm positive they'll make an exception for ya! For sure! Absolutely!
alot of requirements for a $100 bonus
Anyone has DP on credit card funding? The post's link show no DP available, the $5000 is for Greater Nevada Credit Union, not this one.
The limit is $5k. I tried more and they called me telling me the limit was $5k.
5k of BofA Travel Rewards worked for me a couple of months ago. Taking advantage of the 0% APR now.
@guest_1221151 you didn't get a cash advance fee?
No CA fee. I had my Cash Advance limit reduced to $600 on the card just in case. I moved my credit lines around to make this my highest limit card, then opened and funded GESA, Great Southern, Redstone, and Rivermark all with this card. Ended up with 1.5% cash back on 16k with 0% APR for a year.
@guest_1221216 read the comments here, actually seems to be up to 10k:
https://www.doctorofcredit.com/wa-only-gesa-credit-union-300-checking-bonus-no-direct-deposit-requirement/#comment-883657
Thanks much for the link, hope still valid. That alone worth $100-200.
It seems like there are no downsides for going for this bonus? Unless someone else sees on? I see ACH only.. no hard pull.. and not CHEX sensitive? It seems like an extremely easy $100? I'm in western Oregon so seems like I automatically qualify to open it? Someone let me know if I'm wrong or miss seeing something.
$300 on similar terms? No direct deposit req?
Thanks much, I might just take a chance to wait a while.
@guest_1221132 I was declined for chex on their last promotion but I was lol/24. Try it out
Daedalus - are you still maintaining the paypal autopay subscription links for debit card transactions? The ones that I have from you no longer work.
Confirmed, no HP. I was approved with Chex at 4/1, 7/6, and 11/12. Select OR counties qualify, see https://www.gesa.com/about/membership
They've had this promo for a few months. Here are my DPs from a couple of months ago.
5/12 - Acct Opened
5/26 - $251 ACH from another CU
5/27 - 10th Debit card transaction completed (Amazon reloads count)
5/28 - $100 received as "Descriptive Deposit CHECKING INCENTIVE"