Offer at a glance
- Maximum bonus amount: $150
- Availability: WA only
- Direct deposit required: Yes, $500+
- Additional requirements:
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: Up to $10,000
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: None listed
The Offer
- Verity Credit Union is offering a bonus a referral bonus. The person referring receives $100 and the person being referred can earn up to $150. Bonus requirements are as follows:
- Use promo code REFER150
- Open checking account with direct deposit ($500 minimum)
The Fine Print
- Referred member must join Verity online and open a checking account with direct deposit.
- Direct deposit(s) totaling at least $500 must post within 60 days of account opening in order to qualify—IRS tax refunds or stimulus funds are excluded. Referral incentive will be paid to both parties within 2 weeks of direct deposit qualification date.
- Referred member must open new membership through online application at veritycu.com and not have been an owner of a Verity Prime Share Savings account within the previous two years.
- Cannot be combined with any other incentive offer.
- Youth memberships are excluded and you must be at least 18 years old to receive referral incentive.
- Bonuses are considered interest and will be reported on IRS form 1099-INT.
- Limited time offer and subject to change at any time. Federally 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
The rewards checking account has no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule
Our Verdict
Not as good as the previous $200 deal that didn’t require a direct deposit, but the main reason to do this bonus is for the $10,000 in credit card funding. We will be adding this to our list of the best checking bonuses.
Hat tip to reader obrother & Beat2def
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
The post [WA only] Verity Credit Union $150 Checking Bonus appeared first on Doctor Of Credit.
Written by Doctor Of Credit @ https://www.doctorofcredit.com
Written by Doctor Of Credit @ https://www.doctorofcredit.com