Update 7/18/26: Deal is back until 12/31/26
Update 2/8/26: Deal is back at this new link until 3/31/26. Dates vary to last time. 50 POS transactions by 5/31/26 Hat tip to reader Jon
Update 8/2/25: Deal is back until 11/15/25. Dates vary to last time. Hat tip to reader D
Update 3/1/25: Deal is back, requirements different to last time. Hat tip to ShawntheShawn
Update 9/11/22: Deal is back. Hat tip to alopez14
Update 3/26/22: Deal is back, this time you can only order one debit card so maximum is $150 instead of $300.
Offer at a glance
- Maximum bonus amount: $150
- Availability: NY only (branch locator). Must live, work, worship, volunteer, or attend school in the geographic boundaries of the City of Rochester, City of Bualo, City of Syracuse, City of Geneva, City of Tonawanda, Town of Henrietta, Town of Amherst, Town of Tonawanda, or Cortland County
- Direct deposit required: None
- Additional requirements: 20 debit card transactions
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: $5, avoidable
- Early account termination fee: Account must remain open through 9/30/19
- Household limit: None
- Expiration date: None listed, but must complete debit card transactions by May 31st, 2019
The Offer
New link | Direct link to offer
- Summit Federal Credit Union is offering a bonus of $150 when you open a new checking account and complete the following requirements:
- To receive the one-time $25 debit card and RoundUp Savings opening bonus you must order a new debit card and open a RoundUp Savings account between 2/1/25 and 3/31/25.
- To receive the $50 bonus, you must complete 20 point-of-sale transactions post to your account by 5/31/25 and the card and account must remain open through 9/30/25.
- Earn up to two special one-time bonuses totaling $75 that The Summit will deposit into your RoundUp Savings when your RoundUp Savings account reaches a balance of $250 ($25 bonus) and $500 ($50 bonus).
The Fine Print
- Offer limited to members that have not had a debit card in the past 12 months. Limited to 2 cardholders per account (up to $300 maximum with Premium Checking or $150 maximum with Enhanced Checking).
- To receive the $150 bonus with Premium Checking or $75 with Enhanced Checking, you must order a new debit card between 2/4/19 and 3/31/19, have 20 point-of-sale transactions post to your account by 5/31/19 and the card and account must remain open through 9/30/19.
- Please allow 4-6 weeks after meeting qualifications to receive your gift.
- Cash bonus will be reported and you will receive IRS Form 1099-INT.
- Any applicable taxes are the responsibility of the member.
- Offer subject to change at any time at our sole discretion without notice.
- The Account Maintenance Fee is waived if you meet certain conditions. See branch for details.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Premium checking account (required for the $150 bonus) has a $5 monthly fee. This is waived if you have a daily balance of $1,000 or more.
Early Account Termination Fee
Account must remain open through 9/30/19, otherwise it looks like the bonus will be forfeit.
Our Verdict
Seems like an amazing offer, especially if you can do it twice per account for a total bonus of $300. It’s not clear if you’ll be able to open via phone/online or if you eventually need to go in branch. Definitely worth doing if it’s a soft pull, if anybody goes for this bonus then please share your experiences in the comments below.
Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.
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
Use Bockrr’s link below
The listed link gives a Page Not Found.
Both seem to require a manual application with emails, not as simple as paying $5 online and getting an instant receipt.
https://www.summitfcu.org/landing/debit-checking-offer/
i didnt
dylan how was your Chex when applying?
Updated, thanks
on shawn’s OOF sheet: Friends of the Fairport Library ($5) and Friends of The Irondequoit Library ($10)
yeah link is wrong doc Chuck
New promo requirements: 50 POS transactions by 5/31/26
https://www.summitfcu.org/landing/2026-debit-checking-promo/
Membership is available only to a very limited area in Western New York.
why is this even on here?
Chuck William Charles
FYI there is a new promo link: https://www.summitfcu.org/landing/2025-debit-checking-promo/ However it seems they are very chex sensitive now, not sure if that’s new. I was told I needed to unfreeze chex, then they did a hard pull and denied me. When I called in, they said they will only approve with up to 7-8 chex inquiries.
This is expired. All links are dead. Chuck William Charles
$150 bonus link: https://www.summitfcu.org/landing/debit-checking-roundup-promo/ To receive the one-time $25 debit card and RoundUp Savings opening bonus you must order a new debit card and open a RoundUp Savings account between 2/1/25 and 3/31/25. o receive the $50 bonus, you must complete 20 point-of-sale transactions post to your account by 5/31/25 and the card and account must remain open through 9/30/25. Earn up to two special one-time bonuses totaling $75 that The Summit will deposit into your RoundUp Savings when your RoundUp Savings account reaches a balance of $250 ($25 bonus) and $500 ($50 bonus). William Charles
Link no longer working
dead
alopez14 Link is dead
Not sure
“Membership eligibility required. ” Is every person in the US eligible?
Deal is back William Charles Chuck Link: https://www.summitfcu.org/landing/debit-promo-2022/
Chex Systems sensitive. I got declined ‘notice of adverse action: we are unable to accomodate your request to open a deposit account with our institution at this time. Consumer reporting agency: Chex Systems Inc.’
William Charles : Direct link to offer Page not Found It looks like nothing was found at this location. Please use the searchbox below or contact us for further assistance.
Did a real bad job of paying attention to my account, so didn’t notice when bonuses hit. Bonus one hit after P1+P2 transactions=20 (in our case 13+7). Bonus two hit after P1+P2 transactions=40. Not 20 on P1, and then 20 on P2. Additionally, a couple of our first twenty transactions did not code as debit (no PIN, shows up as “withdrawal” instead of “withdrawal XXXXXX”). So those do count. Makes me wonder if I could have just hit Amazon for 20x$1 instead of self checkout with one lime multiple times. All in all, was more work than it could have been. Hopefully others will profit from my mistakes.
I did a bad job of updating. Soft pull. Been lazy and haven’t finished all the POS debits for me & P2
Keep us update regarding the hard pull
Opened an account 2 hours ago in branch, I don’t see a hard pull from it. A friend applied a few years ago and it wasn’t a hard inquiry then. First three months are maintenance fee free, after that there’s a few ways to keep it free: $2500 daily balance, 10 debit POS transactions, any amount direct deposit. See page 4 of the fee schedule here https://www.summitfcu.org/wp-content/uploads/2018/01/ratefeeschedule.pdf
Very cool. It’s not often there’s a region-specific bonus that applies to me. And the timing is perfect, I have an M&T account that just turned 180 days. So I can transfer the money parked there to keep this fee-free. Thanks Doc!! I’ll let you know how it goes.