(CA) USC Credit Union $400

Update 4/19/26: Bonus now $400. Hat tip to the reader Bockrr

Update 10/6/25: Now $125 and a t-shirt

Update 6/16/24: Extends through June 30, 2024.

Offer at a glance

• Maximum bonus amount:250 dollars
• Availability:some
• Direct deposit required:Yes, $1,000+
• Additional requirements:See below
• Hard/soft pull:Gentle pull
• ChexSystems: Unknown
• Credit card financing:Unknown
• Monthly fees:ANY
• Early account closure fee:Unknown
• Family boundary:None listed
• Expiration date:June 4, 2024

Offers

Direct link to the offer

• USC Credit Union is offering a $400 bonus when you open a new checking account and meet the following requirements:
  • Earn $150 after 60 days by keeping at least $2,000 in qualified direct deposits each calendar month in a personal checking account.
  • Earn $100 when you use your USC Credit Union Debit Card and make 30 point-of-sale transactions within 60 days of activating your card
  • Earn an additional $150 after six consecutive calendar months of maintaining at least $2,000 in qualifying direct deposits each calendar month

 

Fine Press

• Offer is available to members who have not owned a USC Credit Union personal checking account within the past twelve (12) months or closed with a negative balance within the past 3 years. You can only receive a new bonus in connection with opening a current account per account. To receive the check bonus, all requirements must be met:
  • Open a new USC Credit Union personal checking account using promo code: SPRING24 at account opening, which is subject to membership eligibility (membership fee may apply; please call 1-877-670-5860 or visit www.USCcreditunion.org to confirm eligibility). Business checking accounts are not eligible.
  • Have qualified direct deposits totaling $1,000 or more every 30 days for the first 90 days of opening the checking 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. Person-to-person payments (such as Zelle®, Bill Pay, Cash Apps, ACH transfers between external bank accounts, etc.) are not considered direct deposit. Micro-deposits do not qualify as direct deposit for the bonus. Micro-deposits are small deposits, usually less than $1, that are sent to your account to verify that it is the correct account;
  • Make at least ten (10) debit card transactions or more every 30 days for the first 90 days of checking account opening.
• Once you have completed all the above requirements, we will deposit the bonus into your new account within 15 days. To receive this bonus, the registered account must not be closed or restricted at the time of payment. The bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Offer subject to change without notice. Offer is valid for new checking accounts opened from 5/6/2024 to 6/4/2024 and cannot be combined with any other offer. All credit union programs, terms and conditions are subject to change without notice.
• All bank account bonuses are treated as income/interest and as such you must pay tax on them

Avoidance of fees

Monthly fees

The Cardinal Checking Account has no monthly fees to worry about.

Early account termination fee

I was unable to find the fee schedule so uncertain if there is any EATF.

Our verdict

The offer looks OK, but we need more data points.

Hat tip to the reader Bockrr

Useful posts about bank bonuses:

• A Beginner’s Guide to Bank Account Bonuses
• Bank Account Quick Reference Table (Calculated Sheet) (very useful for ranking bonuses according to different parameters)
• PSA: Don’t call the bank
• Login to ChexSystems
• Banks and credit unions that are sensitive to ChexSystems requirements
• What Banks and Credit Unions Do/Do Not Attract ChexSystems?
• How to use our direct deposit site for banking bonuses site
• Common Bonus Bank Misconceptions + Why You Should Give Them a Go
• How many bank accounts can I safely open in a year for the purposes of the bank bonus?
• Affiliate links and bank bonuses – We will not use them
• Complete list of ways to close bank accounts in each bank
• Banks that allow/disallow overseas check applications
• Bank bonus posting time

Source link