[Targeted] [UT only] Mountain America Credit Union $150 Checking Bonus

Turns out it is targeted

Update 7/5/20: Seems like this is available again. Mentions it being your bday but as far as I can see it’s not actually targeted. Still not worth doing due to the hard pull. Hat tip to reader APV

Offer at a glance

• Maximum bonus amount: $150
• Availability: UT only, see below
• Direct deposit required: Yes, no minimum specified
• Additional requirements: eStatements
• Hard/soft pull: Hard pull via Experian
• ChexSystems: Unknown
• Credit card funding: You can fund with a credit card but a 2.5% fee is charged ($4.95 flat fee for debit cards).
• Monthly fees: $4, avoidable
• Early account termination fee: Six Months
• Household limit: One
• Expiration date: May 19th, 2017 None listed

The Offer

Direct link to offer

• Open a new MyStyle Checking account with Mountain America Credit Union and get a bonus of $150 when you meet the following requirements:
  • Sign up for eStatements within 60 days of account opening
  • Initiate a qualifying monthly direct deposit within 60 days of account opening

The Fine Print

• To qualify for and redeem reward, bring this coupon to a Mountain America branch, sign up for eStatements at account setup and initiate a monthly direct deposit such as payroll, pension, unemployment, Social Security or other government benefits within 60 days of coupon redemption.
• Reward will be deposited into account within 30 business days after eStatement setup and initial direct deposit posting.
• Account must remain open for minimum of six months from reward date, or it will be debited from account at closing.
• Limit one reward per person, per household.
• Offer not available on MyFree Checking, secondary accounts, account conversions or in combination with any other offer.
• Employees of Mountain America not eligible.
• Reward is considered interest and will be reported on IRS Form 1099-INT.

Avoiding Fees

MyStyle Checking Account $4

This is waived if you do any of the following:

• Make $1,000 in direct deposits each month
• Perform at least 10 credit and or debit transactions each month
• Maintain an average daily checking balance of at least $2,500 for the month

Early Account Termination Fee

It does need to be kept open for six months otherwise the bonus is forfeit.

Eligibility

• Need to live in one of the following areas: Salt Lake County, Duchesne County, Wasatch County in UT census tract 940300, or Uintah County in UT census tract 940100 or 940200 or
• Work for one of the Select Employer Groups or
• Have an immediate family member that is already a member
• Be a nationwide PTA member

Our Verdict

Not worth considering due to the hard pull. There are a lot of better checking account bonuses out there, so I’d recommend sticking with one of those instead.

Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.

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• 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
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