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

Offer at a glance

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:
    William Charles
  • On October 18, 2024, 11:00

View Comments (27)

  • Application pending manual review.

    I'm honestly not optimistic. I did get a membership to the Collin County Genealogical Society, so I should qualify according to the letter of the offer, but I'm definitely not qualified in the spirit of the offer (OOS applicant).

    They asked what I think were some identity verification questions about balances on some of my loans at other CUs, so it looks like a hard pull was done. Not sure yet which agency, but I don't think it was Experian as I didn't get an alert from them.

    Currently about 10/3 for new checking accounts between Chex and EWS.

    I'll update when member services reaches out to me but I have a feeling this will not be a PSECU situation lol.

    If it falls through, I'll have donated $25 to the Genealogical Society, which I guess I can feel good about at the end of the day.

  • I'm not sure what the cheapest membership option is, but in the SEG, the Tulsa Historical Society is listed and says "employees and members."

    An individual membership is $35. If you have a P2 it could be worth the plunge because immediate family members or household are eligible as well.

    There's also a $50/$50 Referral bonus, but not sure if that would stack.

    No idea how sensitive they are to chex though or if THS is even the best option listed.

    • "Collin Co Historical Society" may actually be Collin County Genealogical Society, which is $25 to join.

      • @guest_1934428 I would be very interested to know if someone successfully joins this way.

        • I would be interested to know if anyone even tries. If there's any evidence one of these methods might work I'll apply and answer the OOS, EQ, and Chex questions.

          • I'm willing to give it a shot. I can swing $25 if it doesn't work out.

            How's this story sound?

            My boyfriend just found out he was adopted and his bio parents are from the Collin County area. He and I are interested in doing his genealogy to see if we can find more of his family.

            Another member on the genealogical society recommended the CU to me because she's a member and has really enjoyed her experience with them.

            If asked for her name to check for membership, I'll just say a random first name like Sandra and that I didn't catch her last name.

          • I'll tell them my friend Shroommu recommended them. Even better, you might be able to get a $50 refer-a-friend bonus. Not sure if they're still running that though.

            It's good to know people are interested in their Collin County heritage!

    • If I see any evidence one of the Historical Society donations work I'll test it because I don't care about Equifax. Nobody ever pulls it for me anyway.

      Many reps don't know the difference between hard and soft pulls so it's an open question until someone tries it.

      • I'm not going through with the application. They called me and told me to unfreeze my credit reports. I asked which one, they said Equifax. I asked if it would be a hard pull, rep said yes. Then said I'd have to re-apply with my credit reports unfrozen. I'm not going to for the hard pull. $25 membership I'll never use. Oh well.

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