KeyPoint Credit Union is offering California residents up to a $300 bonus for opening a new personal checking account. This time around they've removed the debit card spend requirements and increased the bonus by $100!
The promotion breaks down into monthly payments of $50 each for meeting a direct deposit requirement until you complete the 6 month mark.
How To Earn The Bonus
The KeyPoint Personal Checking promotion requires you to optionally, set up direct deposits in order to earn the up to $300 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the credit union will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- Offer good for new Members only—former Members who closed an account within two years of new account open date are not eligible for bonuses.
- Direct deposit must be net pay, pension, or government benefits. Recurring transfers or deposits from other sources do not qualify.
- Referred Youth Checking Account are not eligible for bonus.
- Student Checking Accounts are not eligible for this promotion.
- Membership available nationwide via membership with the Financial Fitness Association (KPCU will cover your fee).
Open a Personal Checking account before the bonus expires
How does this personal checking offer from KeyPoint compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
PNC
Virtual Wallet®
- Bonus
- up to $400
- Account Type
- Personal Checking
- Expires In
- 69 days
- Requires
- Direct Deposit
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 253 days
- Requires
- Direct Deposit
U.S. Bank
U.S. Bank Smartly® Checking
- Bonus
- up to $700
- Account Type
- Personal Checking
- Expires In
- 65 days
- Requires
- Direct Deposit
- Min Balance (optional)
Why KeyPoint Credit Union?
Unlimited Checking
Fees
Unlimited Checking does charge a monthly maintenance fee of $17, but there are ways to get this waived:
- Have a direct deposit of $1,000.
- OR, make 10 debit purchases within a month.
Free Checking
Fees
Free Checking does not charge a monthly maintenance fee.
Dividend Checking
Fees
Dividend Checking does charge a monthly maintenance fee of $12, but there are ways to get this waived:
- Have a direct deposit.
- OR, Maintain an average daily balance of $750.
Apply now for a Personal Checking account to earn the up to $300 bonus offer
How to Join KeyPoint Credit Union
Credit unions differ from banks in that they restrict membership based on a shared common bond, or the credit union’s “field of membership”.
That means in order to qualify for this bonus (or any offer from a credit union), you'll first need to meet one of KeyPoint's membership requirements:
- Live, work, worship or attend school in one of these California communities: Alameda, Contra Costa, El Dorado, Placer, Sacramento, Santa Barbara, Santa Clara, San Mateo, Ventura (designated areas only)
- Be employed at a company that is a member of the Irvine Chamber of Commerce or TechAmerica.
- Join the Financial Fitness Association—at no cost to you!
Keep in mind that nearly all credit unions have a "once a member, always a member" policy, so once you're in, the above restrictions no longer apply.
Share Your Thoughts or Questions
There have been 1 comment about the KeyPoint Personal Checking up to $300 Bonus.
George Buchert
March 11This says that you need a monthly direct deposit of $1000 per month for 6 months to get $50 per month, adding up to $300 total. Can I use two $500 direct deposits each month to reach the $1000/month? I get paid twice per month, so i hope that it does not require a direct deposit of $1000 or more, because I would be forced to give $1000 twice per month, if the DD needs to be $1000 in one shot per month.
Anyone Know? I read the rules on their site, and I didn't see a clear answer to this.
Reply to George Buchert
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