[Expired] [WA only] Gesa Credit Union $300 Checking Bonus – No Direct Deposit Requirement

Deal no longer being offered. View more bank account bonuses by clicking here.

Update 3/26/22: Deal is back, this time you get $100 of the bonus after one year but there are less requirements. Hat tip to reader Gabe

Offer at a glance

• Maximum bonus amount: $300
• Availability:If you live, work, worship or attend school in the State of Washington, are a close relative of someone who qualifies as a member, or are a resident within Benewah, Bonner, Boundary, Clearwater, Idaho, Kootenai, Latah, Lewis, Nez Perce and Shoshone Counties in Idaho, you are eligible to join Gesa.
• Direct deposit required: No
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: Can fund with a credit card, up to $5,000
• Monthly fees: None
• Early account termination fee: $20, 180 days
• Household limit: None
• Expiration date: None listed

The Offer

Direct link to offer

• Gesa Credit Union is offering a bonus of $200 when you open a new Colossal checking account and complete the following requirements within 60 days of account opening:
  • Open your new checking account
  • Sign up for Online Banking and eStatements
  • Complete 10 debit card purchases (excluding ATM transactions)
• Get another $100 when you keep the account open with a positive balance for one year

The Fine Print

• All qualification criteria must be met within 60 days of account opening.
• $300 incentive will be deposited into member’s savings account after all qualification criteria are met and is subject to any required IRS reporting.
• Only one $300 checking incentive per member.
• Member must not have had a Gesa checking account within the last 90 days.
• Member must not be a current Inspirus Credit Union checking account holder.
• Colossal Checking accounts may be opened at any Gesa branch.
• Offer valid for a limited time only.
• 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

A $20 fee is charged if the account is closed within 180 days according to this fee schedule.

Our Verdict

Previous best bonus was $100, so this is considerably better than that. I definitely think this bonus is worth doing, there are a few requirements but none of them are particularly hard to meet. I’d recommend applying for this account ASAP, as I can see it being extremely popular and being pulled quickly. I’ll be adding it to our best bank account bonus page.

Hat tip to Christian W

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