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Joe Kolz
Joe Kolz (@guest_2024868)
March 17, 2025 20:11

I didn’t see the 1099-INT on the $300 bonus. So, are you not reporting it? Although, the small print says:”All bank account bonuses are treated as income/interest and as such you have to pay taxes on them”

Djoker
Djoker (@guest_2033095)
March 27, 2025 16:51

Just called up since I don’t have online access anymore. No 1099 for me as of 3/27. Safe to assume 99% chance they are not generating them.😎 The bait and switch on the free checking account back in Sep. was lame, but this makes up for it.👍🫡

Churn
Churn (@guest_2021356)
March 12, 2025 13:00

Is CC funding still coding as a purchase?

tribesman55
tribesman55 (@guest_1994091)
January 30, 2025 12:48

I’m not seeing a 1099 for the $300, anyone else?

Bank Bonus Bodhisattva
Bank Bonus Bodhisattva (@guest_1994223)
January 30, 2025 16:30

S/w rep today and he said he did not see one but that 1099s should all be populated by tomorrow. To make sure, he asked me to call back tomorrow.

Novacat05
Novacat05 (@guest_1996652)
February 3, 2025 09:34

Nothing for me either. Statement from earlier in 2024 showed “interest earned year to date: $0” so that supports them not sending them out.

sublemn
sublemn (@guest_2000119)
February 7, 2025 13:58

I reached out via email, their response as follows:

Thank you for your email.
After reviewing your account, you did not receive a 1099-INT. NASA FCU will issue tax form 1099-INT when reportable dividends for your SSN*meets the IRS reportable amount of $10.00 and over.   When this threshold is met, NASA FCU will display them on one (1) tax form for your SSN along with the smallest account number you own.
 
If your reportable dividends in your SSN are less than $10.00, you will not receive a 1099-INT tax form.
 
To validate your dividends* earned, please refer to the last page of your year-end Statement(s) and look for “Reporting Information”.
 
Please refer to our TAX FAQs for more information, https://nasafcu.com/tax-faqs . The $300 checking account reward was not reportable.

Art
Art (@guest_2011912)
February 25, 2025 16:23

Called in today, and they pretty much said the same thing that others have said. They don’t plan to issue one because the earned interest is $0.

nik
nik (@guest_1966375)
December 8, 2024 07:11

I have only the membership savings account open at this CU but I am unable to open any CDs with them. It will only allow me to open checking account and that too no CC funding. I chatted with the CSR and they said CDs are allowed only if you already have an internal funding account and the required amount in it.

What is your experience?

Eric 🔗
Eric 🔗 (@guest_1966378)
December 8, 2024 07:16

What’s stopping you from putting the funds in the Savings account and using those funds to open the CD?

Nap
Nap (@guest_1869017)
July 3, 2024 14:02

Just closed by SM. Very fast reply and they send me the $5 from the shared savings by mail.

L
L (@guest_1867438)
July 1, 2024 10:34

Got an email about new account terms effective next month.

Existing Checking Account Holders who Opened Checking Accounts Prior to July 1, 2024: Existing checking accounts will be converted on August 15, 2024. Existing account holders will receive individual letters via direct mail in early July, outlining: (1) their new checking account type; (2) the terms and conditions for said account; and (3) instructions on how to select a different account type if desired.

(My guess is my account will be converted to Everyday Checking — $8 a month; waived with $200 average daily balance or monthly direct deposit of $500 or more) 🙁

https://www.nasafcu.com/docs/default-source/privacy-terms/change-in-terms_msa-07012024.pdf

Novacat05
Novacat05 (@guest_1867878)
July 1, 2024 21:08
  L

I got the letter in the mail today, I’m being converted to the premiere checking account which has a $7/month fee and no way to have it waived. Comes with a host of useless gimmicks like identity protection, roadside assistance, and cell phone coverage. Yea how about no.

Been meaning to close this out anyway, I was only keeping it because they had some very nice CD offers earlier this year and I thought they might do another one, like a 6.5% CD, but they haven’t in awhile, and I’ve found other places to stash cash for 6% or close to it. DP below states it was super easy to close by sending an SM.

NT
NT (@guest_1868494)
July 2, 2024 18:55

Yup, just got the letter today. They will switch us to the non-waivable fee account. You will probably have to reach out to move to the Everyday checking account. Good thing this week marks my 6 month with them. Perfect time to close it out.

L
L (@guest_1868909)
July 3, 2024 12:16

Got my letter in the mail today. I’m being converted to the premiere checking account which has a $7/month fee and no way to waive it. I’m not interested in this account or the Everyday Checking. Time to close it.

NT

Missi
Missi (@guest_1870857)
July 7, 2024 18:38

Like you, I was keeping it open for the potential to get a nice CD rate but looks like I will be closing them now.

ShawntheShawn👈🏾
ShawntheShawn👈🏾 (@guest_1870858)
July 7, 2024 18:44

If you are interested in their future CDs, you only need to close the checking account and keep the savings and membership. Missi

CK9
CK9 (@guest_1871469)
July 9, 2024 01:17

ShawntheShawn👈🏾 Good idea. Can we do that?

ShawntheShawn👈🏾
ShawntheShawn👈🏾 (@guest_1871567)
July 9, 2024 08:49

Yes, you can. Basically you are keeping your membership with them by doing so. I did this months back. CK9

CK9
CK9 (@guest_1872670)
July 11, 2024 01:35

ShawntheShawn👈🏾 thanks a lot!

Joe Kolz
Joe Kolz (@guest_2024888)
March 17, 2025 20:27

I closed the checking acct but keep only Savings and got an email about inactivity fees. 1Accounts are classified as inactive when primary account owners have combined savings and/or checking account balances of $200 or less and have made no deposit,
withdrawal or transfer in their accounts in the last 12 months.

DP719
DP719 (@guest_2025627)
March 18, 2025 15:56

Thanks, Joe Kolz. I have a CD (and the basic $5 in Savings/Membership) with NASA. Confirmed with CSR that my CD does not qualify to waive the inactivity fee in Savings/Membership. Set up the yearly transfer of $1 from external bank to Savings.

Maya
Maya (@guest_1872179)
July 10, 2024 07:34

If we only close the checking but keep the savings and membership, is it going to exclude us from future promotions? I don’t remember whether the previous promotion required “new membership” or allowed “existing member who doesn’t have a checking with them”

ShawntheShawn👈🏾
ShawntheShawn👈🏾 (@guest_1872378)
July 10, 2024 14:19

You never know. For the previous $300 promotion, the terms did not exclude existing members. Maya

Maya
Maya (@guest_1872717)
July 11, 2024 04:51

That is great! Thank you. I should have saved the previous promotion terms for future reference.

Gadget - Bank Bonus Geek 🔗
Gadget - Bank Bonus Geek 🔗 (@guest_1872917)
July 11, 2024 13:45

I discussed the (lack of) churning terms and linked the past promo terms here: https://www.doctorofcredit.com/targeted-nasa-federal-credit-union-300-epremier-checking-bonus/#comment-1839036 Maya

GZG
GZG (@guest_1866708)
June 29, 2024 17:05

I got paid out back in April after filing a NUCA complaint

Got this garbage letter today that’s over four weeks old that just arrived today:

https://i.gyazo.com/3b78370baf2b69ab73df6f55d04132a8.png

what a garbage letter, everybody should be extremely weary of NASA fcu going forward

if I didn’t qualify and all you had to tell NUCA was that I didn’t qualify, why did I get paid?

yikes letter all around

Dominique
Dominique (@guest_1859844)
June 14, 2024 16:27

I received this bonus for P1-P3. It seems like just about anything works for DD for this bonus. I let the DD’s rain on this one, and the results did not disappoint. All debit card transactions were completed via $1 PayPal debit card reloads (not bill pay). P2 and P3 have a similar timeline, and we all had to request debit cards be mailed to us via live chat. My statement every month did indicate that the PayPal debit card reloads counted toward the 5 cents per transaction bonus, so that was a good sign that they would work for the $300 checking bonus as well.

12/20/23 – Applied online through promo link, got email request for pics of drivers license, SS card and proof of residence
12/26/23 – Application approved
12/27/23 – Credit card funding posted as $495 to checking and $5 to savings accounts, email also received on this date with bonus terms (Wells Fargo Autograph posted as purchase)
1/10/24 – Noticed that a debit card was not ordered or received on my account, so I requested one to be mailed to me via live chat as was suggested here on Doc
1/16/24-1/25/24 – $500 DD’s received from Fairwinds, Experian, Cash App and Apple Cash
1/15/24-1/30/24 – 15 $1 PayPal debit card reloads posted and cleared
2/12/24-2/29/24 – $500 DD’s received from Fidelity, Digital Credit Union, Fairwinds, Laurel Road, Wise “Payroll” and Discover Savings
2/5/24-2/27/24 – 15 $1 PayPal debit card reloads posted and cleared
3/5/24 – 3/18/24 – $500 DD’s received from Digital Credit Union, Laurel Road, Cash App, Fairwinds and Discover Savings
3/3/24-3/19/24 – 15 $1 PayPal debit card reloads posted and cleared
3/20/24 – $300 checking bonus posted

I moved some money out of the checking account every month without issues. I’ve been sending $1 DD’s from Fidelity to waive the monthly fees until I figure out whether I want to close or try to earn some cashback from the debit card rewards until the end of the year.

Crossroads
Crossroads (@guest_1858900)
June 12, 2024 10:48

Applied 12/30/2023
Account opened 3/11/2024 after a long wait for verification
Real DDs 4/1, 5/13, 6/10
15 $1 Amazon reloads each month

$300 bonus posted 6/11, the day after my last debit purchase for the last month.

Turned out to be surprisingly easy — I thought I’d have to call for sure due to how long it took the account to finally be approved.

Novacat05
Novacat05 (@guest_1867881)
July 1, 2024 21:10

Wow props to you for waiting them out. I contacted them after I think it was 6-8 weeks and they moved my pending application to the front and approved me the next day.

alexander
alexander (@guest_1852056)
May 30, 2024 10:47

Successfully received bonus using real DD’s and closed account by sending a request through the Message Center.