[IN only] Advance Financial Federal Credit Union (AFFCU) $250 Checking Bonus

Offer at a glance

• Maximum bonus amount: $250
• Availability: IN only
• Direct deposit required: Yes, $500+
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Up to $200
• Monthly fees: None
• Early account termination fee: $25, 90 days
• Household limit: None
• Expiration date: December 31, 2024

The Offer

Direct link to offer

• Advance Financial FCU is offering a $250 bonus when you open a new checking account and complete the following requirements:
  • have a Share Savings account open with a minimum of $5
  • Have a direct deposit of $350+
  • Enroll in eStatements

The Fine Print

• Bonus offer valid October 1, 2024 to December 31, 2024.
• To qualify for the bonus, the accountholder must be 18 years or older, have a Share Savings account open with a minimum of $5, open a checking account with a minimum of $25, have direct deposit and enroll in eStatements. Direct deposit is defined as an ACH deposit of $350 or more (i.e. payroll, SSI benefits, pensions).
• Micro-deposits or person-to-person payments are not considered direct deposits. Direct deposit and eStatements registration must be made within 60 days of account opening. Bonus is for new checking accounts only.
• Previously closed AFFCU checking accounts must be closed for a minimum of 7 years in order to qualify.
• Bonus will be deposited into your Share Savings account within 10 business days from statement verification.
• Bonus is considered interest and will be reported on IRS Form 1099-INT. If the checking account is closed, direct deposit stopped or eStatements discontinued within 6 months of account opening, the $250 bonus will be debited from your account.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Free checking has no monthly fees

Early Account Termination Fee

There is also an early account termination fee of $25 if the account is closed within 90 days. You can view the full fee schedule here.

Our Verdict

Better than the $150 bonus previous available.

Hat tip to ShawntheShawn

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