Update 7/12/26: The bonus is back, but only $150 (was $250). Last offer in 2017. Hat tip to the reader LS
Offer at a glance
- Maximum bonus amount: 250 dollars
- Availability: It appears to be branch only, all branches are in NY (Branch locations)
- Direct deposit required: Yes, two deposits totaling $500 or more
- Additional requirements: Four debit card transactions
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card financing: Unknown
- Monthly fees: ANY
- Early account closure fee: ANY
- Family boundary: None listed
- Expiration date: None listed
Offers
- Hudson River Community Credit Union (HRCCU) offers a $150 bonus when you open a new checking or savings account and meet the following requirements:
- Do at least $500 in qualified direct deposits within 90 days (use the routing number 221375132 and your account number to set up direct deposit)
- Sign up Electronic statements and online banking
- Activate yours debit card
Fine Press
- Offer valid only for a new member opening a current or savings account.
- The new member cannot be a joint owner on another account nor have any existing HRCCU accounts.
Bonus/Account Information: Offer not available to existing HRCCU members or those whose accounts have been closed within 90 days or closed with a negative balance. - To claim the $250 bonus: 1) Open a checking or savings account, subject to approval; 2) Make 4 purchases with the HRCCU Visa ® Debit Card within 60 days; AND 3) Make your direct deposit into this account within 60 days. There must be a minimum of 2 direct deposits totaling $500 or more in this account. Your direct deposit must be an electronic deposit of your salary, pension, or government benefits (such as Social Security) from your employer or government.
- After verifying the requirements, HRCCU will deposit the bonus into your account within 10 working days.
- Bonuses are considered interest and will be reported on IRS Form 1099-INT
- Account Closure: If the checking or savings account is closed or direct deposits are closed by the member or HRCCU within six months, we will deduct the bonus amount.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Controlling the choice
This appears to be the easiest fee-free account to maintain as there are no monthly fees to worry about.
Early account termination fee
The account must be kept open for six months or you will lose the bonus.
Our verdict
Seems like a good deal if it’s a soft withdrawal and you can easily change your payroll or they aren’t as strict about direct deposit requirements. We need more information before we can decide whether to add it to list of the best check bonuses so please share your data points in the comments below.
Useful posts about bank bonuses:
