[Select Employee Groups] Energy One Credit Union $300 Checking Bonus

Offer at a glance

• Maximum bonus amount: $300
• Availability: Select employee groups
• Direct deposit required: Yes, no minimum for six months
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: None
• Household limit: None
• Expiration date: 12/31/24

The Offer

Direct link to offer

• Energy One Credit Union is offering a $300 bonus when you open a Free One Checking or Premier One Checking account and complete the following requirements:
  • Sign up for mobile/online banking.
  • Have a monthly direct deposit for six months from time of account opening

The Fine Print

• Offer available until 12/31/24 and is not available to existing Energy One Credit Union checking members.
• A minimum $50 opening deposit is required.
• The offer is not available to those whose accounts have been closed within the last 90 days or closed with a negative balance.
• Limit one new checking bonus per person per account.
• Application is subject to approval.
• The account must remain open and receiving your payroll direct deposit for six months from the time of the account opening.
• This promo is only for Premier One and Free One Checking accounts.
• This promo can be changed, amended, or canceled at any time by Energy One Federal Credit Union.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Free one checking has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find an EATF in the fee schedule.

Our Verdict

Normally I don’t post bonuses that are only available to select employee groups but to be honest I finished writing this post before I realized that. Hopefully useful to some readers.

Hat tip to ShawntheShawn

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