Saturday, April 13, 2024

[CA only] San Mateo Credit score Union $150 Checking Bonus – Direct Deposit Not Required


Replace 3/16/24: That is now referred to as Monterra Credit score Union. B0nus is now $150. Hat tip to Davis

Replace 10/3/23: Prolonged by way of December 31, 2023. 

Replace 7/4/23: Prolonged by way of September 30, 2023. 

Replace 1/12/23: Prolonged by way of March 31, 2023. 

Replace 11/13/22: Deal is again and legitimate till December 31, 2022.

Replace 10/27/21: Deal is again and legitimate till October 30, 2021. In department solely this time. Hat tip to arizonapv

Provide at a look

  • Most bonus quantity: $100
  • Availability: You might be eligible for membership in SMCU should you dwell, work, worship, or attend faculty in San Mateo County, the Metropolis of Palo Alto, or sure areas of San Francisco
  • Direct deposit required: No
  • Extra necessities: 10 or extra debit card transactions totaling $100+ within the first full calendar month
  • Arduous/delicate pull: Appears to be delicate, arduous pull in department
  • ChexSystems: Unknown
  • Bank card funding: As much as $500
  • Month-to-month charges: None
  • Early account termination charge: Unknown
  • Family restrict: One per mailing handle
  • Expiration date: Could thirty first, 2019 December 31, 2022

The Provide

Direct hyperlink to supply

  • Open a brand new checking account with San Mateo Credit score Union and obtain a bonus of $150 while you meet the next necessities:
    • Earn $50* when making 10 or extra debit card transactions month-to-month.
    • Earn $50* by having a minimum of one month-to-month direct deposit, payroll deposit, or ACH switch
    • Earn $50* by deciding on eStatements every month

 

The High-quality Print

  • Open a brand new San Mateo Credit score Union (SMCU) Premium or Free Checking account (no different account sorts are eligible) from 4/1/19 – 5/31/19.
  • Through the full calendar month instantly following the month during which the account is opened, provoke 10 or extra PIN or Signature-based purchases or funds for a minimum of $100 in spend utilizing the SMCU debit card(s) related to the brand new checking account.
  • ATM and ACH transactions are usually not eligible.
  • Provide is just not out there for present SMCU members who’ve an open checking account as of three/31/19. SMCU workers, associates, and their households are usually not eligible
  • Restrict of 1 bonus-eligible checking account per particular person and per mailing handle.
  • Money bonus for the month shall be paid to the open, eligible checking account inside 31 days after the qualification interval ends. The account should have a optimistic stability on the time of payout to obtain the bonus.
  • SMCU will classify the bonus as curiosity paid to the checking account the place the bonus is credited. Any relevant taxes related to the bonus are the accountability of the SMCU account holder. To the extent required by legislation, SMCU will report the whole worth of this bonus to the IRS on Type 1099-INT for the tax yr during which the bonus was paid.
  • Within the case of a joint account, purchases and funds from a number of debit playing cards shall be added collectively.

Avoiding Charges

Month-to-month Charges

They provide a free checking account with no month-to-month charge to fret about

Early Account Termination Payment

I wasn’t capable of finding a charge schedule so I’m uncertain if an early account termination charge is charged or not.

Our Verdict

San Mateo has beforehand supplied a $150 bonus however that required a complete of 75 debit card transactions to be made. Regardless of this supply being smaller I do assume it’s higher than the earlier supply. As a result of the necessities for this bonus are simple to satisfy and there’s no month-to-month charge to fret about, we shall be including this to our listing of the finest checking bonuses.

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