Offer at a glance
- Maximum bonus amount:Â $200
- Availability:Â OH
- Direct deposit required: Yes, says ACH qualifier will work as well. $500+ required
- Additional requirements:Â See below
- Hard/soft pull:Â UnknownÂ
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- The Union Bank Co is offering a $200 bonus when you open a new checking account and complete the following requirements:
- (1) monthly direct deposit/ACH qualifier must be met on the account ($500/month for Cash Back Rewards account, $1,000/month for High Interest Rewards account)
- account must be opened for 90 days, and
- account must be funded the day the account is opened
The Fine Print
- To qualify for $200.00 Account Opening Bonus: (1) monthly direct deposit/ACH qualifier must be met on the account ($500/month for Cash Back Rewards account, $1,000/month for High Interest Rewards account), (2) account must be opened for 90 days, and (3) account must be funded the day the account is opened.
- The Account Opening Bonus will be awarded on the next statement after qualifiers have been met. Account
- Opening Bonus is only awarded to new DDA deposit relationships at The Union Bank Company.
- Account Opening Bonus as of January 6, 2025 and is subject to change without notice. Additional terms may apply.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Union Rewards – Cash Back has no monthly fees to worry about.
Early Account Termination Fee
I couldn’t find any EATF in the fee schedule.
Our Verdict
If anybody decides to sign up the please share your experiences in the comments below.
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