Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â persons who live and work in the entire cities of Littleton NC, Weldon NC, Aurelian Springs NC, Airlie NC, Halifax NC, Arcola NC, Hollister NC, Brinkleyville NC, Heathsville NC, Tillery NC, Enfield NC, Scotland Neck NC, Whitakers NC, Castalia NC, Red Oak NC, Dortches NC, Leggett NC, Wrendale NC, Speed NC, Nashville NC, Rocky Mount NC, West Edgecombe NC, Woodcrest Park NC, Tarboro NC. Can join out of state with a $18 donation.
- Direct deposit required:Â No
- Additional requirements: Complete four courses
- Hard/soft pull: Soft pull
- ChexSystems: Mixed DP
- Credit card funding: Up to $1,000
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None
- Expiration date:You need to open an account by 10.31.24 and complete the 4 courses by 10.17.24
Contents
The Offer
- Coastal Credit Union is offering a $100 bonus to new and existing customers. To receive the bonus you must finish four courses (watching videos that go for 27 minutes by the looks of it).
The Fine Print
- 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
Account needs to be open when bonus posts. There is also a $5 inactivity fee after 6 months.
Our Verdict
There was previously a $300 bonus for new users. Nice to see a bonus that works for existing users as well. We will add this to our list of the best bank account bonuses.
Hat tip to Yuri
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
Bank account funding probably doesn’t work for the PIN or signature-based debit card transactions.
I tested it with Langley FCU and they coded PAYMENT DEBIT P2P.
I will never know for sure that those failed because I also made 5 POS transactions >$25. But I wouldn’t rely on anything that codes P2P.
I am 99% sure that you meant to put this in the Wings post rather than the CCU post.
You are 100% correct.
I wrote 99% in case you were to claim that you either meant to test me, you meant to post it in a different post than Wings (ie Langley) or some other excuse. 😉
They closed my account saying they needed a hard pull for equifax when I opened it originally. That’s hard to believe
They softed my EQ.
Lots of CSRs don’t know the difference between soft and hard pulls so maybe that’s what they meant.
If yours was frozen they wouldn’t have been able to soft it unless you were already a member.
Given the deadline to do the courses was earlier this month, no point of signing up for this now it seems?
P1 approved instantly. Already received $100.
Waited out to apply for until P2 to see how P1 experience went.
P2 applied on 10/16, and apparently it was approved the same day but haven’t received a welcome email or any account information. Today 10/17 the initial app funding was taken from external account.
So called the after hours 800 number who confirmed e-mail was correct and the day it was opened but couldn’t give member# or any other information.
Today is the deadline for the $100. Also the terms of the promo make zero sense saying you have until 10/31 to open an account but have to complete the course by 10/17.
Is there a link for app status or some way of getting the member/account # after hours?
Nevermind finally got access to account after several phones call yesterday. I went ahead and did the courses despite the date. The offer was still showing on the link. Guess we’ll see.
P2 completed course on 10/18/2024. Received $100 on 10/21.
I just checked and the PDF still shows that the courses must be completed by 10.17.24. That means 1 of the 2 things below.
#1. They are not enforcing the terms of the offer.
#2. They meant to require sign ups by 10/17 and the course completion by 10/31 but made a mistake on the PDF by switching the dates.
I just logged into my account and saw that the $100 posted to my Savings account today. So it seems like my theory that CCU posts bonuses once a week was correct. 😀
Yep you were right, it showed up for me as well today 🙂
You both might want to check your Savings accounts also for a likely nice surprise. 😀
Nice got it too
I just wanted to tag you also to let you know that we all received the bonus just in case that would push that over the edge to make it worth it for you.
Remember 10.17.24 is the deadline to complete the courses to qualify for the bonus.
Thanks
Eric 🔗 but I’ve got enough irons in the fire at the moment.
Thanks for the heads up. Just checked and saw it was posted to the savings today 🙂
Got it. Thank you
Do you think it is worth trying P2 with donation since i see several rejections even with donation? Do they keep donation even if they reject you?
If I was you, I would certainly try for P2 with the donation option. A friend emailed me today saying that she was approved through the donation option so it seems to still be working.
I’m pretty sure that they only charge for the donation if you are approved as it gets taken from the Savings account.
It did work. Jut have to complete the course for her until 17th
Received $100 campaign reward posted to the savings account.
Yep, $100 rewards showing in savings account too.
Hello,
How to get a Unique Member Code ?
I cannot print a certificate of completion,
You just use your member # in that spot.
We sincerely appreciate your interest in becoming a member of Coastal Credit Union. Currently, we are unable to process your application for membership due to the following reason(s):
Not eligible for membership due to being out of Coastal Credit Unions area of Footprint/Out of State Residency.
Thank you for your interest in becoming a member of Coastal.
However, if you are relocating to North Carolina, we would require proof of residence for NC to proceed.
Sincerely,
Digital Advisory Team
I just received an email with the subject “Your Coastal Debit Card Order!”. That’s nice that they shipped me my debit card but where’s my $100 bonus??? 😀
Same here. NO bonus yet but got email about the card.
Did any of you try to fund additional accounts to see if credit card funding is allowed?
Yes.
To answer your followup questions, I was able to select up to $5k CC funding and my Visa was accepted. There was an instant soft pull on EQ and it went pending.
Soft on (frozen) Chex the next morning I received a denial email. “You will receive a letter in the mail…”
The adverse action notice finally came today. The reason was “Other, specify” and the specification was “Please re-apply and provide an alternate funding method”.
There was no mention of Chex but they listed the reasons my EQ is not higher than 847.
AFAIK there was no attempt to bill my CC (I am signed up for notifications).
Coastal limited it to $1k for new application. Maybe it needs to be $1k or below?
It was only $1k when I opened my membership so I was surprised to see the $5k. Could be they lowered it for additional accounts too and didn’t update the page yet.
But I was thinking maybe someone else found it first and was cycling it too fast so now they’re on the lookout.
I funded $1k with the same card when I opened my membership & checking so it definitely wasn’t the flavor of CC.