[UT] Canyon View Credit Union $400 Checking Bonus

This used to be known as UFirst CU. Previous datapoints can be viewed here.

Offer at a glance

• Maximum bonus amount:
• Availability: Anyone who lives, works, goes to school, or worships in Salt Lake County, Utah County, Davis County, Tooele County, Summit County and Wasatch County or anyone who has a family member who meets those criteria
• Direct deposit required: Yes, $1,000+ per month for three months 
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Yes
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: None listed

The Offer

Direct link to offer

• Canyon View Credit Union is offering a checking bonus of up to $400. Bonus is broken down as follows:
  • $50 will be deposited when new account is opened.
  • An additional $50 will be deposited 6 months after account is opened.
  • Up to $150 will be deposited in $50 increments over 3 consecutive months after setting up and maintaining a direct deposit of at least $1,000 per month.
  • Up to $150 will be deposited in $50 increments over 3 consecutive months when the minimum requirement of 25 transactions per month, with a Canyon View Credit Union Visa debit card, credit card or both, are completed. Minimum eligible transaction amount is $5.00.
• There is also a $100 auto loan bonus. $100 will be deposited after an auto loan (subject to credit approval) of at least $10,000 is completed with Canyon View Credit Union or refinanced with Canyon View Credit Union from another financial institution.

The Fine Print

• You must have a valid SSN/ITIN to join.
• You must mention this promotion at account opening for enrollment. Account must remain in good standing during eligibility.
• Eligibility for payouts is limited to 6 months from primary savings open date.
• Cash award is treated as interest and will be reported to you on IRS Form 1099-MISC.

Avoiding Fees

Monthly Fees

This account has no monthly fees

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Nice that you can at least get a lot of this bonus without a direct deposit being required.

Hat tip to Dealgamer

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times