Offer at a glance
- Maximum bonus amount: 600 dollars
- Availability: WI, MN, IL
- Direct deposit required: Yes, $1,000+
- Additional requirements: See below
- Hard/soft pull: Gentle pull
- ChexSystems: Unknown
- Credit card financing: Up to $2,500
- Monthly fees: $0-15 avoid
- Early account closure fee: $25, 90 days
- Family boundary: Unknown
- Expiration date: December 31, 2026
Offers
- Verve, a credit union is offering a $200-$600 bonus when you open a new checking account.
- Get $200 when qualifying ACH direct deposits totaling at least $1,000 are deposited into your new checking account within the first two full calendar months of account opening
- Earn an additional $200 by maintaining an average monthly balance of at least $10,000 in qualifying Verve deposit accounts during your first three full calendar months.
- Earn a final $200 by maintaining an average monthly balance of at least $10,000 in qualifying Verve deposit accounts during your first full 12 calendar months
Fine Press
- Only one bonus offer available per person. The bonus is only available to new members who have not had a Verve Checking or Membership account in the last 18 months. You must qualify and qualify for membership at Verve, a Credit Union. You must purchase and hold a $5.00 par value required stock in a savings account.
- To win up to $600, complete the following requirements:
- $200 Opening Bonus: Open a checking account and complete qualifying ACH direct deposits on checks totaling at least $1,000 within two full calendar months of account opening. Payment will be made within 30 days after the end of the qualification period.
- $200 Three-Month Balance Bonus: Maintain an average monthly balance of at least $10,000 in qualifying deposit accounts (checking, savings, money markets, certificates, IRAs and HSAs) for the first three full calendar months. Balances will be reviewed monthly. Payment will then be made within 30 days after the end of the qualification period.
- Twelve-Month $200 Balance Bonus: Maintain an average monthly balance of at least $10,000 in qualifying deposit accounts (checking, savings, money markets, certificates, IRAs and HSAs) for 12 full calendar months. Payment will then be made within 30 days after the end of the qualification period.
- Verve’s checking account must be open and in good standing at the time of payment. The bonus payment is considered interest and is reported on IRS Form 1099-INT. Offer valid for accounts opened from 1 July 2026 to 31 December 2026. Please consult a member of the Verve team for full disclosure of membership accounts and bonus offer. Verve reserves the right to modify or discontinue this offer 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
- Essential Checking has no monthly fees, the best option if you’re just doing the $200 direct deposit.
- Optimum Checking has a $15 monthly fee, which is waived with a Verve credit card or average combined deposit account balance of $10,000
Early account termination fee
$25 EATF fee if closed in 90 days
Our verdict
Optimum Check earns 2.5% APY if you meet the following requirements each month: Monthly ACH Direct Deposit totaling $1,000, Valid Email Address, + Enrolled in eStatements. If you put $10,000 into an account that earns 5%, you would earn $500 (or $250 more if you meet the requirements for the optimal account), so the extra $400 in bonuses that require deposits is not worth it. Although they have a 13-month CD APY of 4.1%. that can be used to get the last $200 as well as the second $200, so it’s worth doing if you can put the money together. We will add this to the our list of the best bank account bonuses.
Hat tip to the reader Bockrr
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