Extended to Dec 31.
Extended to September 30, 2024
Update 4/2/24: Extended until June 30, 2024
Update 1/4/24: March 31, 2024
Update 5/31/23: Extended until December 31, 2023.
Update 5/24/23: Deal is back and valid until 5/31/23.
Offer at a glance
- Maximum bonus amount: $250
- Availability: WA only
- Direct deposit required: Yes, $100+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Mixed datapoints
- Monthly fees: $0-$5, avoidable
- Early account termination fee: None listed
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- WECU is offering a checking bonus of up to $250.
- open a new True Blue Rewards account, set up and receive a direct deposit of $100 or more into that new account within sixty (60) days of account opening and receive a $250 bonus
- open a new Spend Free account, set up and receive a direct deposit of $100 or more into that new account within sixty (60) days of account opening and receive a $100 bonus
The Fine Print
- Offer is available for a limited time to qualifying individuals who have not been a member in the last twelve (12) months. Requirements to receive the $250 bonus: open a new True Blue Rewards account, set up and receive a direct deposit of $100 or more into that new account within sixty (60) days of account opening. Bonus will be deposited into the account on day 61, if requirements are met. Offer expires December 31, 2022. WECU may change or discontinue this offer without notice.
- Offer is available for a limited time to qualifying individuals who have not been a member in the last twelve (12) months. Requirements to receive the $100 bonus: open a new Spend Free account, set up and receive a direct deposit of $100 or more into that new account within sixty (60) days of account opening. Bonus will be deposited into the account on day 61, if requirements are met. Offer expires December 31, 2022. WECU may change or discontinue this offer without notice.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
- First step checking has no monthly fees
- True Blue Rewards checking has a $5 monthly fee, this is waived with a direct deposit of $100+
Early Account Termination Fee
I didn’t see any early account termination fee in the fee schedule.
Our Verdict
Seems like an easy bonus to trigger, although keep the account fee free with a direct deposit is a little bit annoying but worse case you can just pay a $5 fee.
Hat tip to reader Cyril
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
View Comments (191)
Tried funding with US biz card but rejected likely because it was above cash advance limit.
https://www.doctorofcredit.com/wa-kitsap-credit-union-150-checking-bonus/#comment-1955403
US bank cards work differently for bank funding, apparently.
Looking for a OOS referral thanks, kaicdjp gmail
Funded with BOA premium rewards. Counted as purchase. I was worried after comment about cash advance but decided to try and sure enough - purchase.
Any DPs on Chex or SP/HP please?
12/16/2024: Opened account online
12/19/2024: $101 push from Robinhood (coded as 'ACH Deposit ROBINHOOD - Funds')
02/15/2024: $250 bonus posted
Did your initial deposit (when opening the account) not count?
Good question - hard to say, as I only funded the account with $1.00 through a different bank (BECU) at account opening. I didn't think it was a relevant DP regarding the bonus requirements, so I excluded it from the initial post.
For WECU, I tried three different methods for DD:
1) 12/5/24 a bank transfer from a business bank account that is mine (statement says "ACH Deposit COMPANY NAME - BILL PMT")
2) 12/27/24 a transfer from WISE (statement says "ACH Deposit WISE US INC From MY FULL NAME Via WISE")
3) 12/30/24 a direct deposit from a company that pays me for services, which is not a regular W2 job (statement says "ACH Deposit COMPANY NAME").
1/20/25 - $250 welcome bonus received
It's unclear which method worked, I thought they would all fail since none said "direct deposit" on the statement line item.
For WECU, I tried three different methods for DD:
1) 12/5/24 a bank transfer from a business bank account that is mine (statement says "ACH Deposit COMPANY NAME - BILL PMT")
2) 12/27/24 a transfer from WISE (statement says "ACH Deposit WISE US INC From MY FULL NAME Via WISE")
3) 12/30/24 a direct deposit from a company that pays me for services, which is not a regular W2 job (statement says "ACH Deposit COMPANY NAME").
1/20/25 - $250 welcome bonus received
It's unclear which method worked, I thought they would all fail since none said "direct deposit" on the statement line item.
I'm also looking for a referral here friends, PickleRick@in2.hkmail.org
oddly sus email but I'd be happy to be your referral in general @guest_1993090
Lol it’s just a custom domain. Shoot me an email and we can work it out. I appreciate it!
Hi All,
Please be so kind b/c I am looking for a WECU OOS referral at rst04shaw@hotmail.com Thank you in advance.
Looking for OOS referral at jstein781212@gmail.com. Thank you.