Offer at a glance
- Maximum bonus amount: $100
- Availability: Tulsa, OK Midtown location only
- Direct deposit required: Yes, $250+
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None
- Household limit: One
- Expiration date: February 28, 2021
The Offer
- Tulsa Federal Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements:
- Set up a qualifying direct deposit of $250+
The Fine Print
- To qualify you must establish a reoccurring direct deposit of at least $250 from an employer or government agency to the new Tulsa FCU checking account.
- The $100 bonus will be deposited into the checking account within 60 days of the fulfillment of the direct deposit requirement.
- Account must remain open for six months or the $100 bonus will be deducted at closing. Bonuses are considered interest and will be reported on IRS form 1099INT.
- Eligible checking accounts include Free, Rewards, and Interest Rewards opened at Tulsa FCU’s Midtown location only.
- The maximum bonus amount is $100 per household.
- Offer not available to existing or prior checking account holders within the last 90 calendar days.
- Must be eligible to join the credit union and must be at least 18 years of age to qualify.
- Employees and volunteers of Tulsa FCU and their immediate family members residing in a single household are not eligible.
- All programs, rates, terms, and conditions are subject to change at any time without notice.
- Offer ends close of business 02/28/2021.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
There is a free checking account with no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find any mention of an early account termination fee in the fee schedule.
Our Verdict
Small bonus that needs to be opened in branch and has a direct deposit requirement, not really the best offer. If anybody goes for it then let us know if it’s a hard or soft pull in the comments below.
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
