Technology Credit Union is offering a $150 bonus for new customers who open a checking account by the end of this year. Is comes with a few requirements and for most with a $8 membership. Offer has been extended till August 17, 2017, but it is now for CA residents only.
To qualify for this offer, a new membership and Tech CU checking account must be opened by August 17, 2017. You must use promo code MOVEON and complete two requirements.
The bonus comes in two parts:
- $100 – Set up recurring direct deposit of $500 within 90 days
- $50 – Perform one online bill payment within 90 days
Credits are posted to Tech CU checking account as of the end of the month in which the verified qualifying transaction occurs. So you’ll only need to do one direct deposit and one bill pay to receive the bonus.
Bonus will not count toward the balance available for withdrawal until six months after account opening. If account is closed within six months of opening, credit posted under this offer and any dividends accrued thereon will be forfeited.
Offer valid only for new-to-Tech CU personal checking accounts opened by individuals who have not had any account relationship with Tech CU during the current calendar year and who have never caused Tech CU a loss of any kind. The best account would be the Basic Checking account which has no fees.
$100.00 is the minimum balance to open account. $0.01 is the minimum balance to maintain account.
A savings account will be added automatically when you apply. You need a $25.00 minimum balance to open and maintain account and earn dividends, as per documents, which isn’t very clear. A rep told my by secure message that there are no fees for the Savings account.
Offer available only to California resident new-to-Tech CU members ages 18 and up who have had no account relationship with Tech CU during the previous 12 months and who have never caused Tech CU a loss.
Anyone who lives, works, worships, or attends school in Santa Clara, San Mateo, Alameda, Contra Costa, Santa Cruz, or San Francisco Counties is automatically eligible to apply for an account.
You can also qualify if you work for any of their member companies. Search your employer here, to see if they’re included.
If you do not live in those counties and you do not work for any member companies, then you’ll have to become a member of Financial Fitness Association to qualify. That will cost you $8.
Bank ACHs that work for direct deposit requirement
- Alliant Credit Union
- Ally Bank
- Capital One 360
- Apply here
- Account Type: Basic Checking
- Promo Code: MOVEON
- Availability: CA
- Expiration Date: 8/17/2017
- Inquiry Type: Soft pull
- Credit Card Funding: Yes, up to $125
- Direct Deposit Requirement: $500 within 90 days
- Additional Requirements: One bill payment within 90 days
- Monthly Fee: No (Minimum balance of $0.01)
- Closing Account Fee: Unknown
This is a great offer but now only available in CA. There’s no fees and the requirements are easy. Open the account by funding with a credit card ($975 for checking and $25 for savings). Complete the $500 direct deposit and pay one bill, then just wait 6 months for the money to be available and you can close the account. You can just leave a dollar balance in the account. You’ll have to pay $8 to become a member of Financial Fitness Association to qualify, but if you open other account for family members you can say you’re a family member or live with a current member of Tech CU to avoid $8 fee.