Offer at a glance
- Maximum bonus amount: $300
- Availability: live, work, worship, attend school or any business entity in Harris, Montgomery, Liberty, Brazoria, Fort Bend and Waller Counties. *If you live outside these counties but reside in the state of Texas, you may still qualify through our associational field of membership with Cornerstone Friends of the Foundation.
- Direct deposit required: Yes, $1,250+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding:Up to $2,000 ($1,000 per account)
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: None
The Offer
- Energy Capital Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements:
- $200 bonus when you:
- Set up and maintain Direct Deposit of $1,250 or more
- Keep qualifying Direct Deposit active and uninterrupted for 90 days
- Additional $100 bonus when you:
- Enroll in Online/Mobile Banking
- Activate your ECCU Debit Card
- Complete at least 10 qualifying debit card purchase transactions
- Enroll in eStatements
- $200 bonus when you:
The Fine Print
- 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 has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
If you have any experiences with this bank please share them in the comments below. We will add to the best bank bonus page once we know more.
Hat tip to reader Bockrr
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- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Calculate And Share Your ChexSystems Datapoints
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
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I am interpreting the DD requirements as 1x $1250 DD per month for 3 months (3 total DDs). That sound right?
any chex pull for you?
I like how they verify your identity with your phone without having to take a picture of id. It even auto fills your information. I put 500 in each account on my venmo cc, which charged immediately, but the screen said they will contact me for the next steps so I am not sure yet whether Im approved. Chex frozen. (In TX, though not in one of the listed counties)
Applied. 1k credit card funding using BoA Elite. Got account opening request email at first, after 7 min got account opened email. Nice!
Probably monthly. Some people get paid monthly, and of course everyone on SS receives monthly deposits
thanks
I don’t see any alerts for credit pulls. I am not sure about chex.
Was there a chex pull or hard credit pull? Morris
Is the account # for DD the MICR or the Acct #, and if Acct# does it include the “S” and digits after? Anyone tried yet?
Did you happen to notice if they take Amex?
1k cc funding, total across both accounts (checking and mandatory savings) tried with chex froze, pending
Received an email also saying the account was opened succesfuly.
You can use your credit card for initial funding, but I am not sure what the limit is.
Your account opening request was received! We received your request and we will contact you soon with the next steps.