Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $250
- Availability: Newport, OR branch only
- Direct deposit required: Yes, no minimum required
- Additional requirements: See below
- Hard/soft pull: Hard pull
- ChexSystems: Unknown
- Credit card funding: Yes, unknown limit
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: One
- Expiration date: 07/29/23
Contents
The Offer
- Central Willamette Credit Union is offering a $250 bonus when you open a new checking account and complete the following requirements:
- Keep account open for six months
- Receive a qualifying direct deposit
- Enroll in digital banking and download the mobile banking application
- Make at least 30 debit card transactions
The Fine Print
- $250 promotion applies only at the Newport branch and is for new members who open a consumer checking account from 05/22/23 to 07/29/23 at the Newport Branch.
- $250 credit will be applied to your CWCU checking account within 30 days of meeting qualifying criteria of: 1) account is open for six months; 2) receive a qualifying direct deposit; 3) enroll in CWCU Digital banking and download the Mobile banking application; and 4) make at least 30 CWCU debit card transactions during the first six months.
- Membership eligibility required.
- Limit one per person, per household.
- Offer is subject to change without notice.
- All bonus payments will be reported to IRS as interest income in the year they are paid.
- This promotion can be cancelled at any time.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Simply free checking account has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any early account termination fee.
Our Verdict
Since it’s in branch only, you should be able to ask if it’s a hard or soft pull before opening.
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- 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
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- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
View Comments (11)
Pretty painless sign-up, though they "automatically" enrolled me in overdraft, she never asked me about it, so hard pull. Took about 30 minutes. CC funding is allowed, no limit, I'll let you know how it codes. Please be advised that the expiration date for this deal states 6/17 on their literature in Newport - but the grand opening isn't until the 22nd - so it is likely it's running until end of July as it states on their site "Open a checking account by July 29th to take advantage of this attractive offer." I am over 55 and opened the 55+ checking account which earns interest and has no fees. If they are Chex sensitive, I imagine they'll close my account fairly quickly - we shall see.
Chase Ink coded as "Professional services" purchase.
I went last week and was told all credit funding runs as cash advance. I tried anyway with chase southwest business and it was denied (I set a zero cash advance limit on that card).
I was told the limit was as high as your CC limit - no limit at their end.
nice can do 50k?
Anyone know if they're Chex sensitive? My score isn't as bad as some of yours but it ain't great either.
I'm in the county footprint but it's a decent drive. Might have them pay for my gas for a nice daytrip to the beach there and still pocket 200 net, but I want to actually get approved.
What is considered one per household, same address? If I have other family members living?
Is it absolutely in the branch only at Newport? If you are in a different city but in one of the counties?
"This offer is only available at our Newport branch." From the direct link to offer. They are located at the Fred Meyer. I like that Freddie's is getting lots of CU's in their stores to replace Chase. I'm in their footprint, so I think I'll take a drive to Newport. Thanks DOC!!
Today, we serve 25 Oregon counties. If you draw a slightly slanted, straight line down the middle of Oregon, we serve everyone to the west of that line (from just east of the Cascades to the Pacific). Those counties include (in alphabetical order): Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Multnomah, Polk, Shermer, Tillamook, Wasco, Washington, and Yamhill counties.
Are you over there now?