This checking bonus has expired and is no longer available. Click here for a list of the best checking bonuses.
Offer at a glance
- Maximum bonus amount:Â $150
- Availability: Must live, work, worship or attend school in Washington D.C
- Direct deposit required:Â Yes, $500+
- Additional requirements:Â Maintain a balance of $1,500+
- Hard/soft pull:Â Hard pull
- ChexSystems: Unknown
- Credit card funding:Â None
- Monthly fees:Â $10, avoidable
- Early account termination fee:Â $25,60 days
- Household limit:Â None listed
- Expiration date:Â December 31st, 2017
The Offer
- Andrews Federal Credit Union is offering a bonus of $150 when you open a new advantage checking account and complete the following requirements:
- Receive a monthly direct deposit of $500 or more
- Maintain a $1,500 minimum balance during the promotional period of October 1st until December 31st, 2017
The Fine Print
- $150 Advantage Checking with Direct Deposit Promotional Offer – To receive the one-time $150 credit, you must establish a monthly direct deposit of $500 or more and maintain a $1,500 minimum balance during the promotional period of October 1 through December 31, 2017.
- Offer valid for new Advantage Checking accounts only and one credit per membership (members with Free Checking are not eligible).
- The $150 credit will be credited to the member’s checking account within 90 days of the end of the promotion on December 31, 2017. Membership eligibility required.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There is a $10 monthly fee on this account if the balance falls below $1,500. There is a $25 early account termination if the account is closed within 60 days of account opening.
Our Verdict
Not worth it due to the hard pull, because of that I won’t be adding it to our best checking bonus list.
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- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
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- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
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- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
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Messaged to check on my bonus but they sound very nonchalant.. “hello, some will be reach out, thank you”. That’s two weeks ago..
New $200 bonus available:
https://www.andrewsfcu.org/Bank/Spending/Personal-Checking/Payback-Checking
They will pull chex even if you are currently a member
No hard pull
$10 monthly fee will be waived if you receive at least $500 in total direct deposits within a calendar month to this account.
Just wanted to add it is nationwide since you can join ACC and the CU pays for membership
RE:”The $150 credit will be credited to the member’s checking account within 90 days of the end of the promotion on December 31, 2017.”
Anyone get the bonus yet?
Andrews Federal Credit Union
No data points
AT https://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/#Andrews_Federal_Credit_Union
ANY BANK ACH QULIFY FOR THE DIRECT DEPOsit requirementt? capitalone? alliant cu? ally?
I have no other dd source so any input is appreciated
Andrews FCU also has two branches in Burlington County NJ that are accessible to the public, plus a third branch within the limits of MDL (Maguire-Dix-Lakehurst) if you’re in the military. Burlington County residents are eligible, and once one is a member, then the rest of their family should also be eligible.
Yes, they perform a hard pull, even for savings accounts for minors.
It’s not limited to the DC area:
https://www.andrewsfcu.org/join-andrews-federal-credit-union.html
“3. You are or wish to be a member of the American Consumer Council
Did you know that you can become a member of Andrews Federal even if you don’t live locally? How? By joining the American Consumer Council! The American Consumer Council (ACC) is a non-profit membership organization dedicated to consumer education, advocacy and financial literacy.”
I was told via email by them that it’s a SP on TU to join, NOT a HP:
“Thank you for your interest in Andrews Federal Credit Union. We only pull a soft inquiry when our members join Andrews. We pull that soft inquiry from Transunion.
If you decide to apply for a credit card and/or a line of credit, we will use the same credit pull for both products. In fact, we use the same credit report pull for any product that is applied for within a 90 day period after it is initially pulled. This excludes Mortgage related products.”
I’m actually going to join this a.m., so I’ll report back if it’s a SP or HP.
Also, Will, are you no longer h/t’ing tips you get for bonuses?
In May 2016 Andrews did a hard pull when I became a member.
My experience is many credit unions did a hard pull when I joined even if it’s just to open a Savings account.
I’m a member thanks to some certificate promos last year. I think they got me for a hard pull when first becoming a member, and I wonder if they necessarily would do that again when adding checking. I’ll report back if I roll the dice.