Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â Must be a Texas resident but not restricted to certain counties as you can join the TXCC for free.
- Direct deposit required:Â No
- Additional requirements:Â See below
- Hard/soft pull:Â Old data points say hard pull, new datapoints say soft pull
- ChexSystems:Â Unknown
- Credit card funding:Â Can fund up to $2,500 with a credit card per account
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None
- Expiration date:Â None listed
Contents
The Offer
- TDECU is offering a $100 bonus when you open a new checking account and complete the following requirements:
- Use promo code OFFER24
- Deposit $500 or more into your new Free Checking Account for three months straight
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
This account has no monthly fees to worry about.
Early Account Termination Fee
There is no early account termination fee
Our Verdict
Previously there was a $200 bonus but that was only in certain counties and required a direct deposit. We will add this to our list of the best bank bonuses.
Hat tip to Mark Williams
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
Expired? Offer link redirects to a generic landing page with no mention of the bonus.
I did this online (I am an existing customer on a loan but no deposit account). Rejected automatically for Chex, called in and they said they have no idea, auto ding from Chex. So very Chex sensitive, my openings aren’t that high.
Applied online for the checking account (I’m in TX). Went pending, finally approved after some back and forth with ID verification. Finally went through but they only opened the share savings account with $2500 CC funding.
Applied for the checking account and requested another 2.5k CC funding, went pending again, and then approved… but they transferred the 2.5k from the savings to the checking and didn’t charge the card. Not gonna fight it but that’s just weird. Chex lol/lol
Update: they ended up charging the card over the weekend, so 5k funded successfully. Coded as purchase on Chase card.
Is it still 2.5k CC funding? It seems they have reduced to only 1k now. Anyone else can confirm?
Just applied, I am in TX. Asked to upload DL and then app went pending.
Got denied too.
Link is broken but trying to hit spend and will try to get added after anyways…
app went to pending and required DL upload.
I was able to add 4 (free) checking/savings and also tried to add a money market for CC funding. was allowed to attempt up to $2500 per account but once I hit $10K cumulative, debit/credit card option went away and could only use Plaid to link bank account.
went back and removed money market and submitted app with all 4 accounts @ $2500
application was approved and funding went through for $10,000 total on my amex business platinum – coded as purchase. also, did not seem to be very sensitive for me.
expected to be declined due to recent accounts (20/24, 13/12, etc.) but no issues there.
need to message regarding promo.
Do you know your Chex stats for 1, 3 and 6 months?
hey, sorry this is super delayed but hopefully still helpful.
not quite as bad as long term – something like 2/1, 4/3, 10/6
Yes, it is. I asked it for others though as I don’t live in TX so I’m probably not eligible for the bonus.
The point of doing it is to earn CB (or points) if the transaction codes as a “purchase”, rather than as a cash advance.
The key to assure this is to only fund with an amount higher than the cash limit on your card. For example, if your cash limit is $200, only fund for $201 or higher.
yeah, not a silly question at all. you are both right and if you incur a cash advance fee it completely defeats the purpose of funding via CC. however, this bank and Wellby both let me fund via CC that coded as purchases and got me $25K in minimum spending toward two signup bonuses with very little effort… plus the 25K points to boot.
Do you have your Chex stats before you applied for Wellby?
Very restrictive CU. Any ACH transfer requires a phone call to Customer Service to provide verification.
11/17/24: Applied in-footprint (plenty of branches within several miles). Pending review after uploading DL. No HP yet
Chose to attempt funding $5k w/ Citi Double Cash ($2.5k per account). No transaction attempt yet
Note that there was nowhere on the application where you could enter a promo code, as far as I was aware.
On the landing page, the “Open an Account” buttons link to an URL with the promo code “OFFER24” pre-populated in the URL as a parameter appended at the end of the URL, but there was otherwise nothing in the application that indicated a promo being applied.
Funding update: The transaction was made roughly an hour after the app was submitted.
Still no update on the application itself
Any update on your app?
App update: Received denial email earlier today, due to Chex.
Chex stats:
3/3, 8/6, 16/12, 26/24
Any update on your app status?
Denied due to Chex, see stats above.
Is this offer available to existing members?
Is this offer available to existing members?
DP I can confirm the application makes you affirm you live in TX or are related to someone in the CU. I’m ineligible