Update 3/28/26: Deal returns through 5/31/2026, reduced to $300. The terms now say “The person cannot be the tax reporting owner in a current account relationship with SAFE within the last 12 months from the date the account was opened”. Previously you had to never have an account. Hats off to him Amalie
Offer at a glance
- Maximum bonus amount: 500 dollars
- Availability: If you live or work within our geographic reach, we want you with us. Geographic coverage: Sacramento, Placer, El Dorado, Yolo, San Joaquin, Contra Costa, Solano, Yuba, Sutter, Butte, Nevada, Alameda and Amador counties.
- Direct deposit required: Yes, $1,000+
- Additional requirements: See below
- Hard/soft pull: Hard pull (soft pull ratio)
- ChexSystems: Unknown, sensitive
- Credit card financing: Up to $250
- Monthly fees: ANY
- Early account closure fee: ANY
- Family boundary: None listed
- Expiration date: 31.12.25
Offers
- Safe Credit Union offers a bonus of up to $600. The bonus is divided as follows:
- Get 300 when:
- Open a SAFE checking account using promo code SAFE300.
- Set up a qualified direct deposit.
- Register in eDeclaration.
- Have at least $1,000 in qualified direct deposit postings within the first 60 days. Then get at least $1,000 in direct deposits every month for the next two consecutive months.
Get another $300 million when:Complete all requirements to receive $300.Achieve a combined balance of at least $2,500 within 30 days of account opening. (Your direct deposit amount qualifies for this total.)Maintain $2,500 balance for 90 consecutive days after completing balance request.
- Get 300 when:
Fine Press
- Must meet the following requirements to qualify for the first $300 Get $600 Checking Promotion (Promotion): 1) Have no previous or existing membership relationship with SAFE Credit Union, 2) Open a SAFE Checking Account with promo code SAFE600 and minimum deposit of $25 by 12/31/2025, 3) First deposit placement and posting new at least $1,000 qualified new deposit coded as employer, retirement or government-approved benefits (eg, Social Security) within 60 days of account opening, 4) Continue qualified direct deposits for a total of three consecutive months, and 5) Enroll in eStatements. To qualify for the additional $300, you must: 1) Qualify for the first $300 of the Promotion, 2) Deposit at least $2,500 into any of the SAFE Share Accounts owned by the new checking account member within 30 days of opening, and 3) Keep the $2,500 for 90 consecutive days. Additional Promotion Requirements: Member must be in good standing at time of promotional disbursement. The promotional amount(s) will be posted to your checking account within 30 days of qualification. SAFE complies with applicable tax reporting requirements. Member is responsible for any federal, state or local taxes. Not available on business or organization accounts. Cannot be combined with other account opening offers. SAFE checking account fees, charges and terms can be viewed at www.safecu.org and will be provided prior to account opening. Any questions or disputes regarding the promotion(s) will be decided by SAFE Credit Union and must be submitted within 180 days of account opening. Promotion(s) subject to change or cancellation at any time.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
No-fee checking has no monthly fees to worry about.
Early account termination fee
I couldn’t find any early account termination fees at fee schedule.
Our verdict
It should be better than the $500 bonus that was offered before. Hopefully it’s an easy pull now, but even if it’s a hard pull I think it’s worth doing and I’ll add it to the best bank bonuses.
Hat tip to reader Ryan H
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