Deal has ended, view more bank account bonuses by clicking here.
Update 6/30/22: Extended until 8/31.
Update 4/2/22: Extended until 6/30/22.
Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â KY, MN & OH
- Direct deposit required:Â Yes, $500+
- Additional requirements:Â See below
- Hard/soft pull:Â Soft pull
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â $5 if closed within 12 months
- Household limit:Â None listed
- Expiration date:Â March 31, 2022
Contents
The Offer
- Ashland Credit Union is offering a $100 checking bonus when the following requirements are met:
- Open a new ACU Christmas or Vacation Club account and deposit $30
- Open and activate a new ACU checking account or activate an existing ACU checking account and be in good standing
- Receive a direct deposit of $500+ within 60 days of account opening
- Make 3 debit transactions within 45 days of account opening
The Fine Print
- To be eligible, all members must, a) Open a new ACU Christmas or Vacation Club account and deposit $30 b) open and activate a new ACU checking account or activate an existing ACU checking account and be in good standing. To receive $100 direct deposit reward, you must activate an ACU checking account in good standing and either 1) start a new payroll direct deposit into the account (total amounts received must be at least $500 within 60 days of enrollment), or 2) make at least 3 debit transactions from the activated ACU checking account within 45 days of opening new account or reactivating current ACU account.
- Limit one
reward per member. - May not be combined with any other checking or direct deposit offer. Offer not valid if previous direct deposit offers have been redeemed.
- Reward will be deposited within 60 days of meeting requirements.
- Accounts overdrawn or closed before reward is credited are disqualified.
- An application is required for all checking, Christmas, and vacation accounts.
- There is a $20 charge for all custom debit cards.
- All offers end 3/31/22.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
They offer accounts with no monthly fees to worry about.
Early Account Termination Fee
$5 if closed within 12 months in the fee schedule.
Our Verdict
Ashland has offered a $200/$500 bonus in the past, but that was in branch only. This is a relatively small bonus so probably not worth it for most people but if you’ve done the bigger checking bonuses already this could be worth a look.
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
Extended until 8/31 William Charles Chuck
Link: https://www.ashlandcu.org/wellness
I applied and it was a HARD PULL on Experian
For the Savings account there is a $25.00 fee assessed for any withdrawals other than to close the account or to pay out the annual balance on the posting date (May 1st 2022).
This is the only bank I know of that pays interest annually instead of monthly.
CC FUNDING?? // ANY DPS?
Be the DP you want to see.
EATF William Charles
Membership Closure …………………………………………………$5.00
(Waived after 12 months of consecutive membership)