[Expired] [AL, GA] Five Star Credit Union $200 Checking Bonus

Deal has ended, view more bank account bonuses by clicking here. 

Offer at a glance

• Maximum bonus amount: $200
• Availability: Alabama and Georgia, possibly Albany and Leesburg county according to the URL?
  • Alabama Counties: Barbourr, Coffee, Dale, Geneva, Henry, Houston, Pike, Russell
  • Georgia Counties: Decatur, Grady, Early, Seminole, Miller, Glynn, Quitman, Mitchell, Webster, Stewart, Lee, Dougherty, Sumter, Terrell, Worth, Chattahoochee, Crisp, Muscogee, Tift, Turner, Harris, Talbot, Taylor, Macon, Dooly, Ben Hill, Bibb, Calhoun, Dodge, Houston, Irwin, Monroe, Telfair, Wilcox
  • Can also be an educator 
• Direct deposit required: Yes, $750+ within 60 days 
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: No
• Credit card funding: None, debit card is possible though (up to $250 per account)
• Monthly fees: None 
• Early account termination fee: None listed
• Household limit: Unknown 
• Expiration date: None listed

The Offer

Direct link to offer

• Five Star Credit Union is offering a $200 bonus when you complete the following requirements: 
  • Open a new checking account online with a minimum $25 opening deposit
  • Establish membership with a $5 share savings account
  • Receive at least $750 in qualifying direct deposits per month within the first 60 days of account opening
  • Complete at least 10 debit card transactions per month within the same 60-day period (transactions must post) (Note: You need to manually select a debit card during the account opening flow otherwise you will need to request one after it’s opened)
  • Enroll in and access online or mobile banking
  • Enroll in eStatements

The Fine Print

• The $25 opening deposit is required to open the checking account but is not required to be maintained.
• Qualifying direct deposits include recurring electronic deposits such as payroll, pension, or government benefits. Person-to-person transfers (e.g., Zelle®, Venmo®), transfers between accounts, and deposits made at a branch or ATM may not qualify.
• All requirements must be completed within 60 days of account opening.
• The $200 bonus will be deposited into the qualifying account within 30 days after all requirements have been met.
• Account must be open and in good standing at the time of bonus payout.
• Limit one bonus per member.
• Offer subject to change or termination without notice.
• Membership eligibility required.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Free checking has no monthly fees to worry about. 

Early Account Termination Fee

I couldn’t find any mention of any EATF in the fee schedule. 

Our Verdict

Seems like it’s worth doing as the requirements are relatively easy. We have added it to our best bank bonus page. As always share your experiences in the comments below

Hat tip to reader Chan

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