DOC Compass — Offers, decoded

Update 8/23/26: New $250 offer, available to anybody that lives or works in Nevada. Hat tip to reader Max

Update 5/30/26: New $250 offer, very restricted though. “Greater Perks offers are reserved exclusively for employees of select participating companies (please ask your employer if you qualify) and for students attending the University of Nevada, Reno, and Western Nevada College. Verification may be requested to confirm eligibility.

Update 9/17/22: There is a $150 offer available if you’re an educator, a medical professional, a first responder, or a member of law enforcement or the military.

Update: Possibly restricted

Update 2/19/22: Deal is back. Hat tip to Jason J

Offer at a glance

Maximum bonus amount: $250
Availability: NV only, lives or works in Nevada. [Branch locations]
Direct deposit required: Yes, no minimum specified
Additional requirements: See below
Hard/soft pull: Soft pull
ChexSystems: Unknown
Credit card funding: Up to $5,000 (unknown if possible in branch. I assume no)
Monthly fees: $4-$15, avoidable
Early account termination fee: Unknown
Household limit: None mentioned
Expiration date: ~~April 30th, 2019~~ None listed

The Offer

Direct link to offer

Greater Nevada Credit Union is offering a bonus of $250 when you open a new checking account and complete the following requirements:
- Use promo code GNCU250
- Establish a direct deposit, enroll in Digital Banking, and enroll in eStatements within 60 days of joining

The Fine Print

The following conditions apply to Greater Perks benefits: Membership/ownership with Greater Nevada Credit Union (GNCU) is open to anyone living or working in any of Nevada’s 17 counties, and members of their immediate family.
Offers may not be combined with any other special offers or promotions.
To qualify for the $100 bonus deposit for new checking accounts, all accounts must be in good standing and one direct deposit must post and clear within 90 days of opening an account.
Bonus will be credited to your checking account within 30 days after the initial 90-day period has passed and all qualifications have been met.
Free Student Checking accounts are not eligible for bonus.
One direct deposit requirement is waived only for students of the University of Nevada, Reno; Western Nevada College; and Great Basin College.
To qualify for the $25 bonus deposit for new I Can Save accounts, all accounts must be in good standing and the bonus will be deposited into the member’s Regular Share Savings account within 30 days of opening an account.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

They offer an Aspire checking account with a $15 monthly avoidable fee, but it also offers 4% APY on balances up to $50,000. They also offer a connect checking account, this has a $4 monthly fee that is waived with 6 debit card purchases or if you’re 65+ years of age.

Early Account Termination Fee

I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not.

Our Verdict

A lot of people will already have the Aspire checking account, so I assume that will make them ineligible. Even if you don’t it might make sense to just open that account online without the bonus so you can do the credit card funding. Because of that, unless you can fund with a credit card in branch and it’s a purchase I won’t be adding this to our list of the best checking bonuses.

Useful posts regarding bank bonuses: