Deal has ended, view more savings bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: Nationwide
- Deposit required: $1
- Deposit length: None listed
- APY: 1%
- Hard/soft pull: Soft pull
- ChexSystems: Unknown, sensitive according to some datapoints but others say not sensitive so YMMV
- Credit card funding: Can fund up to $500 with a credit card
- Monthly fees: $2
- Early account termination fee: None
- Household limit: None listed
- Expiration date: June 30, 2022
Contents
The Offer
- SkyOne is offering a bonus of $100 when you open a new Sky-High Savings account and complete the following requirements:
- Use promo code SKYHIGH
- Deposit the minimum opening balance amount of $1 into your account
The Fine Print
- Get $100: 1) Open a Sky-High Savings Account from June 14, 2022, to June 30, 2022, use promo code SKYHIGH and deposit your par share value of $5 into a Primary Savings Account, and deposit the minimum opening balance amount of $1 into the Sky-High Savings Account. This offer is intended for new Sky-High Savings Accounts only. You are not eligible for this offer if you are a current owner of a Sky-High Savings Accounts account or if you have closed an account within the last 12 months.
- Bonus will be deposited into your SkyOne Primary Savings account within 180 days of account opening.
- Account must be in good standing to qualify.
- Account in good standing is defined as 1) Your account balance must not be negative for more than 30 calendar days; 2) You must be in good standing, which means no delinquent or charged-off loans or charged-off share accounts with SkyOne Federal Credit Union; and 3) You do not have a ChexSystems record with monies owed. SkyOne reserves the right to terminate this offer at any time. Go to All in One Disclosure for a complete list of terms and conditions.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about as long as you opt out of paper statements. Otherwise there is a $2 paper statement fee.
Early Account Termination Fee
There are no early termination fees to worry about
Our Verdict
They have offered a $200 checking & $500 savings bonus in the past. The upside to this savings bonus is that it only requires a $1 deposit, should be worth doing for a lot of readers and we will add this to our list of the best saving bonuses. Account also earns 1% APY when you deposit $1,000+ per month.
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
Do not share your referrals in the comments below.
Looks like I received the bonus after receiving an email about it. Didn’t think this was going to pay out, but I did notice a $5 checking fee and a $2 statement fee, which I am going to contact support about on the 31st and 1st.
6/24/22: Application required me to scan/send driver license for confirmation. E-mailed license and Sky-High saving account and Primary saving account were opened. I funded the Sky-High saving account and Primary saving account with $1 and $5, respectively. eStatement set up to waive the $2 fee.
12/22/22: Sent a secure message to customer service asking when the bonus will arrive. It has been 180 days since I opened and funded the account.
12/23/22: $100 bonus posted in primary savings account.
bonus posted today after sending secure message
anyone rec bonus yet?
New offer ends August 30, 2022: $100 bonus for signing up for Advantage Checking and easy Direct Deposit – it’s never been easier. Visit http://www.SkyOne.org/ac-promo to learn more.
*This offer is intended for new checking accounts only. You are not eligible for this offer if you are a current owner of a SkyOne Advantage Checking account or have taken advantage of a SkyOne Checking Account bonus offer in the last 36 months. Offer valid July 11, 2022, to August 31, 2022, is subject to change without notice and may end at any time. To receive the $100 bonus, you must open an Advantage Checking account and setup direct deposit through our Direct Deposit Wizard portal. Within 90 days of account opening, receive a total of three (3) qualifying direct deposits of any amount into your new checking account during the qualification period; have a minimum balance of $500, and account must be in good standing. Account in good standing is defined as: 1) Your Checking account balance must not be negative for more than 30 calendar days; 2) You must be in good standing, which means no delinquent or charged off loans or charged off share accounts with SkyOne Federal Credit Union; and 3) You do not have a ChexSystems record with monies owed. Promotional bonus will be paid up to 30 days after the account has been open for 90 days and criteria has been met.
Just received the targeted email for the same thing. 36 month language stinks.
William Charles
I tried to open this account on 6/22, but I never heard back about my application. I recently received a statement in the mail for 6/22-6/30 showing my attempted total of $500 in credit card funding, which was reversed the next day. I called, and the application was denied from the start.
I applied 6/24, received an email 6/25 from them acknowledging that I signed documents with docu sign and, that’s it. No further communication.
same…
+1
Got a statement in the mail today, called them and they said it my account was closed due to me never uploading any documents/ID scan. The problem is, they never sent me any communication asking for an ID, only the Docusign confirmation and a text saying to look out for an email which never came. Seems like I missed out on $100 but also on dealing with an incompetent credit union, so I’ll call it even.
I sent an email response to their email acknowledging the docs: I got a response! Told me to upload a DL pic and utility bill.
I responded with “Where?”
No response yet. I give up, doubt they would pay out since the account was applied for but not “open” before the cut-off.
dead?
No mention of a $100 bonus or promo code now… plus, the expiration date has been exceeded = dead.
Account was opened and then closed the following day. Funding was returned, would not recommend to anyone who has multiple Chex inquiries.
At least they didn’t keep you in the dark for two weeks and then return your funding at their leisure. (Teachers FCU)
They didn’t return my funding yet, a month+ out
my account was declined because too many Inquiries which is probably due to my ChexSystems score