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Offer at a glance
- Maximum bonus amount: $300
- Availability: MN, WI, TN, TX, CO, NJ
- Direct deposit required: No
- Additional requirements: Promo code + 10 debit card purchases
- Hard/soft pull: Hard pull, might be soft pull now?
- ChexSystems: Unknown
- Credit card funding: Up to $2,500
- Monthly fees: None
- Early account termination fee: $15, 90 days
- Household limit: None
- Expiration date: July 26, 2024
Contents
The Offer
- Altra Bank is offering a bonus of $300 when you open a new A+ checking or A+ Platinum account and complete the following requirements:
- Use promo code CHK_A+300 and apply by July 26, 2024
- Make 10 debit card transactions
The Fine Print
- $300 cash bonus available for new and existing Altra members who open a new A+ Platinum or A+ Checking account in person or online between July 22 – July 26, 2024; Offer void if any Altra checking account or Altra membership has been closed within the last 6 months.
- To receive offer, initial minimum ten (10) Altra debit card transactions must be posted within thirty (30) days of account opening.
- ATM transactions do not qualify; Only debit card transactions processed by merchants and received by Altra as Point of Sale (POS) transactions count towards qualifying debit card transactions.
- $300 will be deposited into new checking account within 60 business days of initial ten (10) debit card transactions posted.
- One A+ Checking or A+ Platinum account per member; one offer per member. Must reference promo code: CHK_A+300.
- Available for personal accounts only; not available to Guardianship, Rep Payee, or UTMA accounts. Offer valid for members age 16 and older.
- A parent must co-sign if under age 18. For tax purposes, cash bonus may be reported as dividends. Membership eligibility required.
- Limited time offer.
- Cannot be combined with any other checking bonus.
- Contact Altra for complete details.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
A+ checking account has no monthly fees to worry about.
Early Account Termination Fee
There is a $15 fee if closed within 90 days of account opening.
Our Verdict
Seems like a great deal especially if recent datapoints that suggest it’s a soft pull hold. Remember you only have until July 26 to apply so get on it.
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
Finally messaged today about the bonus as I did my debits a lot later than others (did my last debit on day 29) because my initial card got lost. They said it would post on Friday (tomorrow). I guess nobody gets paid without contacting them eh?
They said the same thing to me. Nothing yet. I contacted them again and the rep kept insisting it was going to be $250 but that it would post by the end of the day. So we’ll see.
I followed up sometime last week and my bonus did post sometime before 3 PM EST last Friday, like the rep told me it would.
Got mine today but more around 5pm EST.
Yep, checked in the morning on Friday and nothing but checked just now on Saturday morning and it’s there as promised.
Like other below, I had to nudge them via SM and included screenshots/timestamps of my account opening details. Bonus posted today with the memo “Deposit Promo Exception”.
Easy to close. Sent a secure message and account was closed within minutes.
My bonus posted just now, had to reach out earlier in the week to give them a nudge.
Mine posted also
Here we go, potential payout day. Seems like last week it posted later in the afternoon.
For the transactions, can anyone verify that Cashapp works?
I did not receive the bonus today. Reached out (for the first time) via chat and was told the bonus would be paid out next Friday.
This was the case for me too. It almost looks like if you want your bonus you need to take the initiative and reach out.
I think it’s their method of slowly thinning the herd, and verifying the customer is still alive too. LoL
Watching others getting paid is an exercise in patience, and I gave in this week.
I was told 3 days ago that my bonus will be posted this friday if I meet the requirement, and I didn’t see the bonus post, is either I didn’t meet the requirement or they are lieing to me. Anyone else has the same issue. I have send a follow up request to see what is going on This will has to be one of the worst bank to get the bonus
$300 Bonuses Posted Today!
P1
7/22/24 Account Opened – New Account Deposit $2500 (Credit Card Funding Wells Fargo Active Cash Coded Purchase)
8/17/24 Finished 10 Debit Card Transactions
10/25/24 “Dividend Adjustment, Deposit Promo Exception” $300 Deposit to A+ Checking Account
P2
7/23/24 Account Opened – New Account Deposit $2500 (Credit Card Funding Chase Ink Preferred Coded Purchase)
8/19/24 Finished 10 Debit Card Transactions
10/25/24 “Dividend Adjustment, Deposit Promo Exception” $300 Deposit to A+ Checking Account
Bonuses will be paid this Friday per customer service if requirements were met. That was confirmed for both P1 and P2 per secure messages. Accounts were opened mid-July and completed debit card purchases within the 30-day timeframe. Technically, it would be less than the 60 business days after the transactions were completed but seems they will be paying out earlier.
I know it is still the morning, but nothing yet……
Same here. But notice that
Anonamoose was told it would be made “available” Saturday. You know, the day banks/CU’s are closed. 🙄
Is it time to grab another Snickers bar and wait? Apparently so.
Check again to see if they posted. Received both for P1 and P2 today.
Yep, my P1 & P2 got it… Thanks.
Dividend Adjustment
Deposit Promo Exception
Hmm, still nothing for me.
Followed up today 10/24 since I saw below some other users had recieved their bonus.
Yay 😀 hopefully be posted by money 10/28.
did you do that via chat or you call in?
Just send an SM from online banking and they respond the next business day…
david
That is what I do on 4 days ago, and they reply told me that the bonus would deposit on friday if I meet the requirement and I check and it is not yet deposit. I SM them again, so hopefully will come to the bottom of this on Monday. Not a good bank to get bonus
I just checked and my bonus has not posted yet. I have never reached out to them and do not plan to until the 60 business days from meeting the requirements has passed.