Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:
- Availability: Washington, Oregon, and Idaho
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown, not sensitive
- Credit card funding: Up to $1,000
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: None listed
Contents
The Offer
- P1FCU is offering a $200 bonus when you open a new Ascend checking account and complete the following requirements:
- Use promo code MY200
- Make 20 purchases of $10 or more
- Have a balance of $100+ after the account has been open for 90 days
The Fine Print
- Be a new member and open an Ascend checking account and fund it with $100.00 or more within five business days of account opening,
- Obtain a debit card and have at least 20 debit card transactions (ATM transactions excluded) of $10.00 or more posted to the Ascend checking account within the first 90 days of account opening.
- At the end of 90 days, the Ascend checking account must be open, have a balance of $100 or more, and be in good standing.
- A one-time deposit of $200.00 will be deposited into the member’s Ascend checking account within 45 days after the 90-day qualification period. A Share Savings account is required for membership with a minimum opening deposit of $35 that P1FCU will fund at account opening. This offer is available to members who are 18 years or older and qualify for P1FCU membership. Only one MY200 promotion per social security number/member. Eligible for 1099 reporting. Limited time offer and may be modified or withdrawn without notice. Insured by NCUA.
- 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
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Seems like an easy bonus with no direct deposit requirement. Will add this to our best bank bonus page.
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
Is this churnable?
Did anyone get a 1099 for this bonus?
Did not receive one.
I forgot to keep $100 in there 🙁 woe is me.. i had like $87 in there.. I met all requirements.. filed complaint.. they refused to budge.. dang oh well next time
*met all other requirements
DP:
10/31 – opened & funded with Chase Freedom Limited ($1k), codes as purchase.
12/4 – push from E*trade
12/15 – debits completed
2/1/24 – $200 bonus paid
10/5 Opened
10/16 20 Debit Card uses
2/1 $200 Bonus
Any DP on early termination fee? I usually keep my accounts open for 6 months but I have opened too many accounts recently and was planning to close but it has only been 4 months for me. Don’t want to get hit with an early closure fee.
No ETF. Closed 119 days after opening.
Anyone seen a bonus post here? I applied mid-August, account’s been more than 90 days, considering waiting until December and then writing in.
Follow up, bonus finally posted on 12/1.
William Charles – this now appears to be dead and is not on web site as of now (redirects to checking home).
i opened on line over the weekend and CSR I spoke with today told me it was expired. She escalated and was able to get my application approved with MY200 code attached.
Did anyone use a Venture for CC funding? Just want to make sure it didn’t post as cash advance. Thanks
It posted as a normal charge for me
I applied to test funding with an Amex. The card input screen looks like it would not accept the American Express number format but I was able to enter it and the image of the card changed to an Amex logo – so there is hope! Will give an update in a few days after the account is opened.
No Amex. Typical.