Offer has expired, view the best current checking bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: WA only
- Direct deposit required: None
- Additional requirements: Use promo code
- Hard/soft pull: Soft
- ChexSystems: Unknown, somewhat sensitive
- Credit card funding: Up to $1,000
- Monthly fees: None
- Early account termination fee:
- Household limit: None listed
- Expiration date: August 31st, 2018
Contents
The Offer
No direct link, information founder on flyer below
- Verity Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements:
- Use promo code CASH100
The Fine Print
- Must be a new member and not have been an owner of a prime share savings account within the previous 6 months
- Offer ends 8/31/2018
- 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
Unsure on early account termination fee.
Our Verdict
Seems like it’s worth doing if you’re in the area as there is no bonus requirements or monthly fees and you can always fund up to $1,000 with a credit card. Desmond who sent it in also said the bonus posted basically instantly but took 2-3 days to set up, making it even better. Will be adding this to our list of the best bank account bonuses.
Big thanks to reader, Desmond who let us know. Learn how to find bonuses and contribute to the site here.
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
Can I have the full name of anyone who is a member here? It is required so I can sign up for the referral bonus. You’ll earn $100 too. Here is the link to the new referral offer: https://www.veritycu.com/about-us/new-member/refer-a-friend.html
You can just email it to [email protected] if you don’t want to post it on here.
Can I have the full name of anyone who is a member here? It is required so I can sign up for the referral bonus. You’ll earn $100 too.
Any recent DPs on closing/early termination fees?
Just came here to ask this as well.
I applied 8/28 having applied for about ten accounts this year and was contacted 8/31 to submit a utility bill to prove my identity. After some back and forth I finally had a Cartwheel Checking and a Prime Share Savings account opened on 9/26. I funded the savings account with $1000 on my Chase Freedom Unlimited.
On 10/14 I sent a message asking to confirm that the CASH100 promo code was still applied to my account. On 10/15 they apologized and deposited the bonus immediately!
Happy enough with them and thankful to everyone here for sharing the goods!
I realize offer has expired but thought I’d let people know for me at least the credit pull (attempt) was hard. My credit is frozen so the bank rep emailed me asking for pin. I asked which reporting agency. She replied Experian. I asked will this be a soft pull? She said no, hard. I asked if this is customary or if my application was exceptional. She said customary.
I just applied because of the upcoming 8/31 expiry date on this deal. I used an old CFU to fund $1k because I’m not sure I can open a new CC account and get the card before 8/31. I’ve apped for 8 bank accounts in the last 12 months.
Was prompted that I will receive a call with my next steps within a day. I’ll update with what happens next!
Applied 7/21, confirmed open 7/25. I have 6 new accounts in last 12 months, 19 in last 24 months (thanks M&T).
Opened Prime Share Savings (with $5 new member fee) and Cartwheel Checking, funding only savings with $5. Bonus posted 7/25.
Note the Prime Share Savings has a $10 monthly fee but it’s waived with an average quarterly balance of $200 and also opening one of four other accounts (https://www.veritycu.com/daily-banking/personal-savings/prime-share-savings.html).
Denied due to ChexSystems. Bummer…
How many accounts in last 12/24 months?
Probably 15-16 in last 12 months. Do the Netspend varieties of prepaid debit cards run a Chex inquiry? If so you can add 4 to that.
No they don’t, thanks for the DP.
Was this an in person application? Will be visiting the area next week and im a definite denial candidate. Wont bother if so.
Does applying in person have a better chance of getting approved?
Depends on the bank. Im an out of stater and they would auto decline me online. Every time I travel I always hit the local banks 😉
I just discovered they offer a 5% Rewards Checking account at the West Seattle branch only. I think I am going to go in branch and talk to a rep to see if there is a way for me to gain membership. Details of the 5% account can be found here: https://www.veritycu.com/home/rates.html
Scroll down to the Sweet Deal Cartwheel Checking, only available at the West Seattle Branch. Even if I can’t get in, maybe someone else can take advantage of this info. Offer Expires 8/11/2018
Shame it’s so targeted.
Sold! Was looking at Beacon Hill branch because its closer to downtown. Will def go for this one with the promo. Thanks
AJ for the heads up. Too bad the promo rate is only good til 12/31/18.
Offer is still up on the Verity website, but just as a head’s up this 5% account requires 12 debit POS transactions per month in order to meet the terms. This amounts to a $300 bonus over the standard 2% interest available from multiple banks without any action needed — I’m thinking about signing up but will probably depend on 1.) whether I can fund the Sweet Deal Cartwheel Checking with another $1,000 from a credit cafrd, and 2.) whether I can automate those 12 monthly debit purchases.
There is a $5 membership fee once the account is open. It’s stated in their fee schedule.
There is a $5 one-time membership fee, which reduces this to $95, but since it was so quick and easy + $1000 in CC funding, it still seems like a great deal!
Agreed. One data point on mobile deposit is that it had a hard time reading MG MO.