Update 4/5/26: Back by 6/10/26.
Update 12/6/25: Deal has been moved back to 8/22/25 in this new relationship (ht reader RT Vegas)
Offer at a glance
- Maximum bonus amount: 500 dollars
- Availability: Must live, work, worship, volunteer, attend school in one of the following counties: Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady and Sullivan Counties
- Direct deposit required: OPTIONAL
- Additional requirements: See below
- Hard/soft pull: Gentle pull
- ChexSystems: Unknown
- Credit card financing: Up to $10,000
- Monthly fees: ANY
- Early account closure fee: $20, 90 days
- Family boundary: ANY
- Expiration date: 31.12.2023
Offers
- Hudson Valley Federal Credit Union is offering a $400 check bonus. The requirements are as follows:
- Open a new HVCU Premier or Classic Checking account with a Visa debit card
- Register for Internet Banking & eStatements
- Spend a minimum of $1,500 with your new Debit card OR make $1,500 in direct deposits to your new account within the first 90 days
Fine Press
- Terms and Conditions Applicable to $400 Bonus Checking Account Offer Valid 10/2/2023 to 12/31/2023
- The account holder has 90 calendar days to fulfill the requirements to receive the bonus. HVCU will deposit the $400 bonus into the account holder’s new checking account within five business days after the end of the 90 calendar day qualifying period, as long as the account holder meets each of the following three qualifications:
- Open a new checking account with the HVCU Visa Debit Card (must be requested at the time the account is opened);
- Register for Internet Banking and/or Mobile Banking services and register for electronic statements;
- Use your new HVCU Debit Card and spend a minimum of $1,500 using the new checking account OR sign up for qualified direct deposits with a cumulative minimum of $1,500 in your new checking account. A “qualified direct deposit” is a direct deposit of regular monthly income, such as salary, pension or Social Security benefits, that is made by your employer or other payer, using the account and routing numbers you provide them. Examples of non-qualified direct deposits and transfers include: your initial ACH account opening deposit, teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, or online or mobile banking transfers or deposits. Offer subject to member verification.
- Only a bonus of $400 will be paid to the primary checking account holder. This must be your first HVCU checking account to qualify for this bonus. Only Classic and Premier personal checking accounts are eligible for this offer. Members under the age of 18 are not eligible to receive this bonus. No exceptions will be made or considered. Account must be in good standing and qualifications satisfied to receive bonus. Good standing means that you have at least the face value of one full share ($0.01) on deposit in the Common Stock Savings Account, have no delinquent loans (payment is not more than 30 days late), and have a positive balance in all stock accounts. May be subject to IRS reporting; please consult your tax advisor. HVCU expressly reserves the right to terminate this promotion at its sole discretion at any time and without further notice to you.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
The classic checking account has no monthly fees to worry about.
Early account termination fee
According to fee schedule there is an early account termination fee of $20 if closed within 90 days of account opening.
Our verdict
Not sure if credit card financing is still available or not. The previous best was the $750 check bonusbut this required a direct deposit. Worth doing if you live in an eligible area.
Hat tip to the reader Tikky
Post History:
- Update 4/19/25: Offer back through 5/23/2025
- The offer does not start until 10.02.2025
- Update 2/8/25: The offer is back, this time valid through 5/9/25. Hat tip to reader Kevin H
- Update 10/12/24: The deal is back, but now for $500. Valid until 4.12.24. Hat tip to the reader Aleksa
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