Update 7/27/20: There is now a $100 savings bonus as well. Hat tip to reader Matt
Update 3/29/20: Deal is back, I don’t see any end date this time. Still a hard pull. Hat tip to reader Jerzy G
Update 2/17/19: Deal is back and valid until December 31st, 2019. Shame it’s a hard pull. Hat tip to reader EW
Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â OR only
- Direct deposit required:Â No
- Additional requirements: 12 debit card transactions
- Hard/soft pull:Â Hard pull
- ChexSystems: Unknown
- Credit card funding:Â Yes, at least up to $3,505
- Monthly fees: None
- Early account termination fee:Â Unknown
- Household limit:Â One
- Expiration date:Â
December 31st, 2018December 31st, 2020
Contents
The Offer
- Rivermark Community Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements:
- Use promo code JOIN200
- Minimum opening deposit of $100
- Sign up for e-Statements
- Access Online Banking at least once per month
- Make at least 12 debit card transactions within 60 days of opening
- You can also get another $100 bonus by opening a guaranteed money market account
The Fine Print
- Valid on new Free Checking Plus accounts for new members only.
- Some restrictions apply.
- Offer expires 12/31/18.
- To qualify for $100 bonus, simply open your Free Checking Plus account, fund it with a minimum of $100.00 and complete 12 debit card transactions within 60 days of opening.
- Limit one $100 bonus per household.
- Please allow an additional 2 weeks after first 60 days for $100 to be deposited.
- Account must remain open and in good standing throughout the first 60 days to receive bonus.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
The free checking plus account has no monthly fees to worry about
Early Account Termination Fee
Account needs to remain open and in good standing for at least the first 60 days
Our Verdict
$100 isn’t a huge bonus, but the requirements are easy to meet and no monthly fees to worry about. Unfortunately it’s a hard pull so I don’t think it’s worth doing. You can view more bank account bonuses here.As always please share your experiences with this bank/bonus in the comments below.
Big thanks to reader, Andrew W who let us know. Learn how to find bonuses and contribute to the site here.
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
I would appreciate a referral for anyone who has one. clubwindfall at yahoo dotcom
I am looking for a referral please. NYCDave66 at hotmail dot com
I would like to join this CU. Please someone, send me your referral at amadeo7419 at yahoo dot com.
Current offer is $100 for referrer and $100 for referee. Here is a current referral link if you need one.
services.rivermarkcu.org/onlineaccountopening/referral/REFUPPAL
thank you in advance if you choose to use it.
link appears to be working. It will ask you for your name and email. Then it will tell you to enter the promo code REFUPPAL when you apply online. You have 1 months from time of registering your email until you apply. I don’t believe the link is needed at all. Just be sure to enter the promo code and meet the offer terms and you should be fine. Best of luck!
Racoonzel
Also here are the current terms:
Must be 18 or older to participate. Referred Party qualification requirements: To qualify for bonus, Referred Party must be eligible for membership, become a new member of Rivermark and must not have an existing Rivermark membership or checking account when the new personal checking account is opened. Referred Party must use the promo code while opening the account online or bring a printout of the promo code to the branch to open an account. Within the first 60 days of opening the account, Referred Party must fund the account with a minimum of $100.00, complete a minimum of 12 debit card transactions and remain in good standing. Bonus will be deposited into Regular Savings account of each Party. Please allow up to two weeks for receipt of your bonus after Referred Party completes program requirements. Referring Party qualification requirements: To qualify for bonus, Referring Party must be a Rivermark member in good standing at the time Bonus is applied. Bonuses are subject to reporting to IRS on form 1099-INT; recipient is responsible for any applicable taxes (please consult tax advisor). Bonus may be substituted for item of equivalent value at sole discretion of Rivermark; program may be modified or cancelled at any time without notice.
Thank you so much
Yoda I’ll email you.
Do they check whether someone has a family member in their counties?
I live in south TX. I used you code, it works but they require me to have video banking. I don’t know if they will ask me about family member. My home address prevents the application from being automatically processed.
I’m thinking of joining. If anyone would like to refer me, please let me know here or post your e-mail and I can contact you.
Or you can contact me here : atham69 (at) yahoo (dot) com
but hurry!
I am now a member, so if anyone requires a referral, contact me at the above address.
or use this code: REFQWLYQ
Just do the public offer. They still credited me the $100 money mark bonus even though I didn’t put 15,000 in that account.
Bonus posted today. I still received $200 even though I didn’t fund the money market account with $15000
Bad news guys..
I just called Rivermark CU. They said to get the extra $100 for the Money Market account that you MUST fund with 15k, and keep the 15k there for 6 months to get the $100. It seems probably not worth the hard pull now as there are bigger and better bonuses to be had.
Thanks for bringing this to my attention. I also confirmed this with Rivermark. They said as long as the money market has 15k+funds at day 60 after account open, they will credit the extra $100. I wouldn’t have done this bonus probably if I knew this (given hard pull), but might as well try to meet this requirement now. Gonna be tight though. At least it pays over 1% for 6 months which is a good rate in today’s times.
If you get denied for this account, for any reason, would it be like wasting a hard pull like with applying for a credit card and getting denied?
I would think so. Another bank that you apply for a cc for could only tell that you had a hard pull and they wouldn’t know if you applied for a credit card (and were denied) or a bank account that involved a hard pull. I mean, I guess if they wanted to find out, they could also pull chex to see if bank account with rivermark was opened, but I don’t think they would do that for evaluating a cc application.
Anyone tried funding with Chase Free Unlimited and was it a cash advance?
Yes, it worked in the good way.
Yes, my card is years-old so no bonus angle there. I just don’t have any visa/mc MSR at the moment.
Opened July 28th. Hard pull. No issues with many accounts, I’ve opened about 20 in the past year. One thing to look out for if you may have to fund the guaranteed money market account with $15000 dollars. The terms are pretty vague.
They also have a $100 referral program which makes the bonus simpler if you’re doing multiplayer.
https://www.rivermarkcu.org/refer-a-friend
I sense that the $15k money market minimum is for the highest earning interest rate on that account – not the $100 bonus. I agree, it’s vague.
” b) Earn an additional $100 by opening a Guaranteed Money Market within the first 60 days of opening your Rivermark membership.”
No mention of a minimum – the minimum for opening Money Market is $2,500, much easier to put on the CC.
There is also ANOTHER deal for new member free checking plus credit card for $200: https://www.rivermarkcu.org/bonus-200 I’m guessing you can’t stack these. 😉
confirmed with rivermark that 15k needed at day 60 to get extra $100. Poorly written terms and might be able to fight via CFPB if you didn’t want to or couldn’t fund with 15k. But that’s a lot of trouble. I am just going to try to meet that requirement by Day 60 instead.