[WA, ID, MT, OR] Horizon Credit Union $200 Checking Bonus, Direct Deposit Not Required

Offer at a glance

• Maximum bonus amount: $200
• Availability: Must live, work or worship in:
  • Washington, state wide
  • Idaho: Ada, Adams, Benewah, Bonner, Boundary, Canyon, Kootenai, Latah, Lewis, Nez Perce, Shoshone, Valley and Washington
  • Montana: Beaverhead, Broadwater, Cascade, Chouteau, Deer Lodge, Gallatin, Granite, Jefferson, Judith Basin, Lake, Lewis and Clark, Mineral, Missoula, Pondera, Powell, Ravalli, Sanders, Silver Bow and Teton.
  • Oregon: Baker, Grant, Malheur, Umatilla, Union and Wallowa Counties
• Direct deposit required: No
• Additional requirements: 15 debit card transactions
• Hard/soft pull: Hard pull
• ChexSystems: Unknown
• Credit card funding: Up to $500
• Monthly fees: None listed
• Early account termination fee: Unknown
• Household limit: One
• Expiration date: None listed

The Offer

Direct link to offer

• Horizon Bank is offering a bonus of $200 when you complete the following requirements:
  • Use promo code get200
  • Make sure your account is open and in good standing
  • Complete at least 15 debit card transactions
  • Fund your account with at least $250 within the first five business days
  • Accept electronic statements within our online banking platform

 

The Fine Print

• Members must be over 18 years of age at time of application. Promotion only available to those who don’t currently have a checking account with Horizon Credit union. Promotion not eligible for Youth or Business Accounts. Verification of residence location required upon membership application. Membership fee may apply. One offer per household. To qualify for the offered incentive, members must complete the following within the first 60 days of new account opening:
  • Checking account must remain open and in good standing for 60 days.
  • Member must complete a minimum of 15 debit card transactions within 60 days of the account open date.
  • Member must fund the account with a minimum deposit of $250 within 5 business days of account opening.
  • Member must accept and agree to electronic statement delivery within the Horizon Credit Union’s online banking platform.
• Horizon Credit Union will make a one-time deposit of $200.00 into the qualifying member’s account within 60 days of all qualifications being met. Checking account must be open at time of $200.00 deposit. Horizon Credit Union reserves the right to modify or cancel the terms of this offer at any time without prior notice.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Membership Fee

There is a $20 membership fee, this is not avoidable

Monthly Fees

These accounts have no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so I’m unsure if there is an early account termination fee. The accounts do need to be kept open for at least 90 days though.

Our Verdict

Not as good as the past $400 bonus, but no direct deposit required this time and open to more areas.

Hat tip to reader Davis

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