Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $200
- Availability: Must be a Tennessee or Kentucky resident.
- Direct deposit required: Yes, $250+
- Additional requirements: See below
- Hard/soft pull: Hard pull
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- Cornerstone Financial Credit Union is offering a bonus of up to $250 when you open a new checking account and complete the following requirements
- Receive $50 right away when you open your first checking account at Cornerstone.
- Receive $50 when you register for digital banking and enable e-statements.
- Receive $50 each month when you spend at least $500 with your Visa debit card. Offer good for three consecutive months.
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
easyChecking has no monthly fees to worry about
Early Account Termination Fee
$25 if closed within six months. There is also an inactivity fee if you don’t use bill pay after three months.
Our Verdict
Annoying that it’s a hard pull and you need to do $1,500 in debit card spend, but always nice to see bonuses without direct deposit requirements and better than the previous $200 deal that was in branch.
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
Did you do that print screen in the post yourself or did someone send it in? See my comment below as I think the offer is gone.
Yeah has expired now
I clicked on the link in the post and it leads to a credit card balance transfer offer. I don’t even see a way to apply for a checking account on the page.
Are you all seeing the same thing?
I must have subscribed to this post when it 1st came out but I don’t remember if I ever clicked on the direct link to see the offer.
Received $50×2 on first month’s statement, but not the $50 for debit card spending. Anyone get that bit? Perhaps the first month, being a partial one, doesn’t count.
Was it a HP when you opened the account?
Found fee schedule here: https://www.bankcfcu.org/assets/files/P4bwexMr/
William Charles
Early Account Termination Fee:
$25 if account is closed within the first 6 months
Interestingly, there is a Bill Pay Inactivity Fee of $3 per month if no bills paid within 3 months…so be careful if you activate their Bill Pay service.