Offer at a glance
- Maximum bonus amount: $150
- Availability: ND only, see requirements below
- Direct deposit required: See below
- Additional requirements: eStatements
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: $12, avoidable
- Early account termination fee: $15 if closed within first six months
- Expiration date: June 30th, 2016
Contents
The Offer
- Sign up for an Edge checking account from Capital Credit Union and receive a sign up bonus of up to $150:
- Receive $25 per continuous automatic payment or direct deposit, per unique entity, established within the first 60 days, up to $150, when you open a Capital Credit Union Edge checking account
My reading is that a bill payment would work as it can be an automatic payment. But I’m not sure I really understand this fine print to be honest.
The Fine Print
- Receive $25 per continuous automatic payment or direct deposit, per unique entity, established within the first 60 days, up to $150, when you open a Capital Credit Union Edge checking account.
- Funds will be deposited into your savings account 60 days from the account open date, and the account must be in good standing
- Offer expires June 30, 2016
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Edge Checking $12 Monthly Fee
The monthly fee is waived if you:
- Have $2,500 minimum deposit balance or
- Total loans of $40,000 or more
Early Account Closure Fee
$15 is charged if the account is terminated within the first six months of account opening
Membership Requirements
You can join if:
- You live in Dickinson, ND
- You live within 75-miles of Bismarck, ND
- You live within 75-miles of Hazen, ND
- You live within 75-miles of Fargo, ND
- You live within 50-miles of Beulah, ND
- You live within 50-miles of New Salem, ND
- Your immediate family lives within 50-miles of Bismarck, ND
Our Verdict
As I don’t really understand how this bonus is awarded or if it’s a hard or soft pull I can’t exactly recommend it. If you have any thoughts or data points, please share them in the comments below.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- 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