[TX only] TDECU $200 Checking Bonus

Offer at a glance

The Offer

Direct link to offer

  • TDECU is offering a bonus of $200 when you open a new TDECU forward checking account and complete the following requirements:
    • Receive a recurring direct deposit of $500+ 11/30

The Fine Print

  • Recurring direct deposit must be set up by 9/15/19 to qualify for $200 reward.
  • Rewards will be deposited into your main share/savings account within 60 days after meeting offer requirements and are considered interest and will be reported on IRS Form 1099-INT. Insured by NCUA.
  • Offer not valid on existing Forward Checking or Credit Card accounts
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Forward checking has a monthly fee $5, this is waived if you meet the following requirements:

  • Enroll in mobile deposit
  • have a recurring direct deposit or make at least six debit card transactions per month

Early Account Termination Fee

There is no early account termination fee

Our Verdict

The credit cards they offer are basically useless, so this is really just a $200 checking bonus. Previous best was $150, but that was on an account with no monthly fee.

Useful posts regarding bank bonuses:
    William Charles
  • On June 1, 2019, 09:00

View Comments (117)

  • Don't care for the bonus but can an out-of-state person open an account with them for MS purposes? (Trying to hit SUB for Amex Biz Gold)

    Would appreciate if someone adopts me as their relative and refers me: 00.singer.prim at icloud dot com

  • After being denied online, I was asked to visit the branch to show my ID. Branch wanted to start a new application. I asked if they allow credit card funding. They said no. I walked out.

  • I applied for two accounts and funded 5000 with credit card. The application was denied the second day

    I am a Houston resident.

    What could be the reason,?

  • I’m also interested in this for MS purposes. Can you or anyone here help a brother out and refer me as a step “relative” from the Houston area?

  • I'm also interested in this for MS purposes. Can you or anyone here help a brother out and refer me as a step "relative" from the Houston area?

    @guest_1324270 @guest_778746 @guest_765711 @guest_857903

  • DP: Used my Amex Marriott Business Credit Card for $2000 funding. Coded as purchase.

  • I know this bonus expired, but want to open account for MSR purposes. Any advice for OOS ? @guest_778746

    • @guest_1081126 Sorry, I don't have any sage advice on this one. I had a hard enough time getting approved and getting the bonus, and I live in the service area and used real DDs.

    • I think several of us got denied due to Chex. They will charge your card right away then refund you later when they deny you. At least that was the case for me.

  • @will

    Not related to this bonus exactly, but another AMEX DP and confirmation the accounts can be opened/closed.

    I closed account in October last year and needed to complete another MSR (BBP with a large credit line), so I decided to try and open this account a second time (without bonus).

    I applied earlier this week and was approved the next day. Funded all 4 accounts with 2.5k using the BBP (10k total). Amex card number still triggers the "error" I mention last time saying that it's not a valid card number, but the charge was taken just fine and the balance for each account was deposited the day following my account approval and all were noted as "available" balance, so it seems they sped up their processing/hold time vs the last time I posted (June).

    • @guest_765711 Thanks for DP. How large of a risk is it to meet MSR on an AmEx card opening a bank account? $10k would go a long way towards $15k biz plat sign up bonus, but not sure if this would be better avenue (as far as risk of AmEx denying bonus ) than paying federal taxes. Thanks!

  • Anyone tried Capital One funding with this bank? I want to use my Venture card, but don't want it to code as cash advance. Thank you!

  • I applied for an account to meet MSR on a new Amex BGR card. I live in one of the designated counties so I'm not worried about the bonus being denied. I was able to charge $7.5k to the card, $2.5k/account. I haven't been able to move any of it yet, but the charge has been applied to my card as shows in the accounts.

    @will When I applied my Equifax report was pulled. I, like many others, made sure to opt out of anything that might cause it, but I was still checked. Maybe they check people deposit large sums on credit cards? Who knows? I was asked to provide proof of ID (I applied with passport) so I sent my driver's license. But that had my old address (though still in an eligible county) so I had to follow up with a utility bill to prove residence.

    For me, the hard pull is worth the 7.5/10k MSR of the BGR so I'm pleased that I should be able to get a bank bonus out of this as well.

Leave a Comment