Deal has ended, view more bank account bonuses by clicking here.
Update 6/7/26: Deal is back until June 30, 2026, use Promo Code: Run2026
Offer at a glance
- Maximum bonus amount: $100
- Availability: CA only
- Direct deposit required: Yes, $250 minimum
- Additional requirements: Use promo code
- Hard/soft pull: Soft pull
- ChexSystems: No
- Credit card funding: Up to $500 (Visa & Mastercard
- Monthly fees: None
- Early account termination fee: Six months, bonus forfeit
- Household limit: None listed
- Expiration date: December 31, 2020
The Offer
- LBS Financial Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements:
- Use promo code Run2026
- Set up a direct deposit within 60 days of account opening. $250 minimum
The Fine Print
- New Membership requires $1 one-time fee and $5 deposit into a Share Savings account.
- Checking account requires $20 minimum deposit.
- Member must not have had a checking account relationship with LBS Financial within the last 30 days.
- Account must remain open and be in good standing.
- Minimum $100 monthly direct deposit must reflect on account within 60 days of opening. Incentive will be deposited into your Share Savings account within 30 days of the first direct deposit.
- If the checking account is closed by the Member within six months after opening, we will deduct the bonus amount at closing.
- Must be opened only at the Marina branch in person or online using Promo Code Marina2020.
- One incentive per account and household. Member responsible for all taxes on account.
- Offer good through December 31, 2020.
- Can be combined with our current loan programs but not good with any other incentive offers.
- Must be 18 or older to qualify for promotional offer.
- Promotional offer may be rescinded anytime at the discretion of LBS Financial Credit Union.
- 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 account has no monthly fees to worry about.
Early Account Termination Fee
Account needs to be kept open for six months otherwise bonus is forfeit
Our Verdict
Relatively small bonus but given it’s a soft pull still worth doing for those that have already done bigger bonuses.
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
I called customer service to see if opening in-branch could avoid a Chex pull. She put me on hold and double checked. They pull Chex to open all checking accounts, both online and in-branch.
It takes a day or so to show up. Might appear later
I received a denial notice this morning. It said they couldn’t verify my identity through their Customer Identification Program and to apply in-branch. I don’t see a soft pull on my Chex report, so I guess they didn’t make it that far if they do.
applied with chex frozen, application went through but got a message saying to call regarding my blocked chex. i dont want to use a chex pull on a small bonus
Maybe they pull when reviewing the app?
Are you sure they don’t pull? The attempt may just not have appeared yet if you were looking, or they may pull when reviewing the app
No immediate notification of a chex pull 🙂 Your application for new Membership has been successfully completed. Hoping for the best.
Just applied in-area and went pending. Chex frozen, but they apparently don’t pull. Took advantage of the $750 CC funding if approved. “ Your application for new Membership has been successfully completed. Based on the information you provided, your application is pending final approval and processing. An Account Services Representative will contact you by phone OR email within 2 business days to complete this process. All email communication will come from donotreply@lbsfcu.org which may be sent to your junk or spam folder.”
Requires in-branch (still CA only) application if not in one of their limited zip codes
Chex pull was attempted. So I’m assuming that was the [main] reason for the denial
Declined after review OOS for identity verification. Alumni membership as qualification for eligibility. The application georestricts by ZIP code and then carries that over, so it could’ve been that, or it could’ve been frozen Chex (2020 dps that they didn’t pull); the membership denial form has “Excess Inquiries” as a possible reason. I’ll update in a day or two if they attempted to pull my Chex. Up to $750 CC/debit funding (the only funding option).
New link for $100 bonus: https://www.lbsfcu.org/long-beach-classic/ Offer expires June 30, 2026, use Promo Code: Run2026
12/17 – Ally opened $26 12/30 – Ally push (P2P) $110 1/26 – Fidelity Brokerage (MONLEYLINE) $100 1/28 – Deposit MARINA PROMO (Regular Share savings) $100
Fast and convenient bonus: – 12/28: Opened Account (funded $500 with Citi Premier) – 1/15: Real DD $101 – 1/28: MARINA PROMO bonus posted to Savings $100 – 1/29: Real DD $101
11/10: Opened 12/21: $10 direct deposit (DIRECT DEP) D’oh 12/23: $100 Elements push (Ext Transf) 12/24: $100 Ally push (P2P) 12/30: $100 Wealthfront push (EDI PYMNTS) 01/28: $100 bonus to savings Chalk that up to Wealthfront working. I imagine pushes from brokerage-type accounts would work too.
The form was never needed before to add a bank account, you just clicked add then gave the banks routing and account number and it was set up for future transfers to and from your accounts. Now in order to add a bank account in order to transfer to and from, you have to fill out the form and get it certified in person at any bank you do business with then mail it to TD before you have access to the new bank. Once it is setup then yes, there is no problems adding or withdrawing funds. The point is that if you want to add a new bank to use TD as a direct deposit for a bank bonus, you now have to go through the hassle of a lengthy process to setup the new bank.
I believe that form is needed to add a bank for when you want to deposit funds into Treasury Direct. The process to withdraw funds from Treasury Direct is much easier.
Say Kyle ❤️ have you seen that Treasury Direct now requires a form to be filled out and certified by a bank representative in person every time you want to add a bank to your account? With Covid rampant, what were they thinking? They say it is to prevent fraud but kinda makes it useless to use as a new direct deposit source for any new bank account bonuses now. From when I login to my account: “you must now complete a Bank Change Request, Form FS 5512, to add a new bank or edit an existing bank in your TreasuryDirect account”.
Deposit-ACH-A-APA TREAS 310 APA TREAS 310 (MISC PAY)
What did the treasury direct code as?
Should be expired but the page still works. Terms say valid until 12/31/2020 though
11/18/2020 Opened 11/20/2020 $100 DD via Treasury Direct 12/23/2020 $100 bonus posted Will keep open for 6 months from opening. Thank you
Ugh didn’t realize I needed $100 in direct deposit. Trying out a variety of fake options now.
Has anyone received the bonus?
I think Jun is referring to referral link for First Tech CU, not LBS.
No Hard Pull and No Chex Inquiries.
mmm..I live in LA city but it doesn’t have the LA as the resident drop-down selection. It seems somehow limit to the area in CA as a state.
How did you apply? I am in CA but outside their field of membership. San Jose is not one of the qualifying locations in the drop down menu, so I am wondering how you joined. I have a free FFA membership but I don’t see an option to join online with this method.
Chase Freedom coded as purchase
Was able to open, have a ton of Chex, within field of membership