[NY only] Summit Federal Credit score Union Up To $150 Checking Bonus – Direct Deposit Not Required

Replace 3/1/25: Deal is again, necessities totally different to final time. Hat tip to ShawntheShawn

Replace 9/11/22: Deal is again. Hat tip to alopez14

Replace 3/26/22: Deal is again, this time you may solely order one debit card so most is $150 as a substitute of $300.

Provide at a look

• Most bonus quantity: $150
• Availability: NY solely (department locator). Should stay, work, worship, volunteer, or attend college within the geographic boundaries of the Metropolis of Rochester, Metropolis of Bualo, Metropolis of Syracuse, Metropolis of Geneva, Metropolis of Tonawanda, City of Henrietta, City of Amherst, City of Tonawanda, or Cortland County
• Direct deposit required: None
• Extra necessities: 20 debit card transactions
• Arduous/mushy pull: Gentle pull
• ChexSystems: Unknown
• Bank card funding: Unknown
• Month-to-month charges: $5, avoidable
• Early account termination price: Account should stay open by means of 9/30/19
• Family restrict: None
• Expiration date: None listed, however should full debit card transactions by Might thirty first, 2019

The Provide

Direct hyperlink to supply

• Summit Federal Credit score Union is providing a bonus of $150 while you open a brand new checking account and full the next necessities:
  • To obtain the one-time $25 debit card and RoundUp Financial savings opening bonus you need to order a brand new debit card and open a RoundUp Financial savings account between 2/1/25 and three/31/25.
  • To obtain the $50 bonus, you need to full 20 point-of-sale transactions submit to your account by 5/31/25 and the cardboard and account should stay open by means of 9/30/25.
  • Earn as much as two particular one-time bonuses totaling $75 that The Summit will deposit into your RoundUp Financial savings when your RoundUp Financial savings account reaches a steadiness of $250 ($25 bonus) and $500 ($50 bonus).

The High-quality Print

• Provide restricted to members that haven’t had a debit card prior to now 12 months. Restricted to 2 cardholders per account (as much as $300 most with Premium Checking or $150 most with Enhanced Checking).
• To obtain the $150 bonus with Premium Checking or $75 with Enhanced Checking, you need to order a brand new debit card between 2/4/19 and three/31/19, have 20 point-of-sale transactions submit to your account by 5/31/19 and the cardboard and account should stay open by means of 9/30/19.
•  Please permit 4-6 weeks after assembly {qualifications} to obtain your reward.
• Money bonus can be reported and you’ll obtain IRS Type 1099-INT.
• Any relevant taxes are the accountability of the member.
• Provide topic to alter at any time at our sole discretion with out discover.
• The Account Upkeep Charge is waived should you meet sure circumstances. See department for particulars.
• All checking account bonuses are handled as earnings/curiosity and as such you must pay taxes on them

Avoiding Charges

Month-to-month Charges

Premium checking account (required for the $150 bonus) has a $5 month-to-month price. That is waived you probably have a day by day steadiness of $1,000 or extra.

Early Account Termination Charge

Account should stay open by means of 9/30/19, in any other case it appears to be like just like the bonus can be forfeit.

Our Verdict

Looks like a tremendous supply, particularly if you are able to do it twice per account for a complete bonus of $300. It’s not clear should you’ll be capable to open by way of cellphone/on-line or should you finally have to go in department. Undoubtedly value doing if it’s a mushy pull, if anyone goes for this bonus then please share your experiences within the feedback under.

Large thanks to reader, Curmudgeon who tell us. Discover ways to discover bonuses and contribute to the positioning right here.

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