[Expired] Columbia Credit Union, $250 Bonus Plus 2.50% APY on up to $25K (OR, WA)

Columbia Credit Union, $250 Bonus Plus 2.50% APY on up to $25K

Columbia Credit Union in OR and WA is offering a bonus of $250 for opening a new Income Checking account. On top of that you can also earn a 2.50% APY on balances up to $25K.

Offer

With Income Checking, balances up to $25,000 earn 2.50% APY and receive up to $25 in ATM fee refunds in 3 easy steps:

Enroll in e-statements
Have a direct deposit of at least $500
Make at least 15 purchases between your Income Checking debit card and Columbia CU credit card

For the $250 bonus:

Open your first Income Checking account during October
Meet the 3 account requirements listed above by Nov 30, 2019
Get $250 deposited into your account

1099-INT will be issued to the IRS as interest paid. If requirements are met, $250 bonus will be deposited into your Income Checking account prior to December 31, 2019.

Eligibility

Must Live or work in Washington State or the Oregon community of Clackamas, Marion, Multnomah or Washington Counties
To be eligible for cash bonus, this must be your first Columbia CU consumer checking account

Fees

Income Checking account doesn’t have any monthly fees.

Guru’s Wrap-up

A nice bonus $250, but it does have a few requirements such as a direct deposit of $500 and 15 debit card purchases. But you can also earn a 2.50% APY which is very competitive. The main issue with this bonus is that you need to go into a branch to open the account. Opening it online will probably result in a hard pull, and those should be reserved for credit cards. The bonus is also limited to just two states where they have branches.