[TX only] Neighborhood Credit Union $300 Checking Bonus

Update 8/17/23: Offer available again.

Update 3/28/23: Deal is now $300 with promo code NEIGHBOR

Offer at a glance

• Maximum bonus amount: $100
• Availability: Must live, work or worship in one of the following counties: Collin, Delta, Denton, Hunt, Johnson, Kaufman, Parker Rockwall, Tarrant or Wise. All are in Texas.
• Direct deposit required: Yes, $500+
• Additional requirements: Use promo code
• Hard/soft pull: Hard soft pull
• ChexSystems: Unknown
• Credit card funding: Unknown 
• Monthly fees: None
• Early account termination fee: Bonus forfeit, 12 months
• Household limit: None listed
• Expiration date: September 30, 2020 November 30, 2020

The Offer

Direct link to offer

• Neighborhood Credit Union is offering a bonus of $300 when you open a new checking account and complete the following requirements:
  • Use promo code NEIGHBOR
  • Have a qualifying direct deposit of $3,000+ post within 60 days of account opening
  • Have 30 debit card transactions

 

 

The Fine Print

• *To qualify for the $100 checking bonus: You must be a new Anna Neighborhood CU consumer checking customer who has not had a Neighborhood CU consumer checking account open within the last 6 months. Promo code Anna must be used at application input to be eligible for this bonus. Eligible accounts include Neighborhood CU’s Kasasa Cash Checking, Kasasa Cash Back Checking, Choice Checking and Fresh Start.
• Within sixty (60) days of account opening, must have one (1) electronic Direct Deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government in the amount of at least $500 post to the new checking account. Qualifying electronic Direct Deposits do not include payments received into your account from payment apps such as Paypal, Venmo and other similar payment service providers.
• Offer cannot be combined with other offers. We reserve the right to deduct the bonus amount if the account is closed within 12 months of opening.
• Account must be open and in good standing with a balance greater than or equal to $0.00 at the time of payment in order to receive the new account bonus.
• Neighborhood CU may report the value of the bonus to the IRS as required by law.
• Any person(s) whose tax status would require Neighborhood CU to impose tax withholding of any sort will not be eligible for this bonus.
• $100 bonus cannot be used to fund the account. Offer ends September 30, 2020.

Avoiding Fees

Monthly Fees

These accounts have no monthly fees to worry about

Early Account Termination Fee

Bonus deducted if account is closed within 12 months of acocunt opening

Our Verdict

We have covered the 2.52% APY account that Neighborhood Credit Union offers before as well. This $100 bonus isn’t really worth doing due to the hard pull unfortunately.

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