Update: Bonus is now available for CA residents only.
I posted about the Technology Credit Union $150 bonus in November, but back then I wasn’t sure if this would be a good deal or not, since there weren’t any data points available.
Well there are a few now after a few brave souls went for it. As DoC reports, this is a soft pull. To make things even better, new accounts can be funded with a credit card, up to $1,000.The original offer expired in 12/31/2015 but it has now been extended until 7/31/2016. This is a nice bonus that gets a little better with the credit card funding and there’s no monthly fee with a minimum balance of $0.01. I’d recommend going for it. I will!
Offer Details
- Apply here
- Account Type: Basic Checking
- Promo Code: MOVEON
- Availability: CA
- Expiration Date: 8/17/2017
- Inquiry Type: Soft pull
- Credit Card Funding: Yes, up to $1,000
- Direct Deposit Requirement: $500 within 90 days
- Additional Requirements: One bill payment within 90 days
- Monthly Fee: No (Minimum balance of $0.01)
- Closing Account Fee: Unknown
15 thoughts on “Tech CU $150 Bonus, Soft Pull & 1K CC Funding (CA Only)”
IMPORTANT — may be New Info, in bank’s requirements, per their site:
in fine print (current offer: https://www.techcu.com/moveon/ )
1) $100 credit for establishing, within 90 days of opening Tech CU checking, a * recurring * Direct Deposit to Tech CU checking of at least $500 in 1 transaction per month.
2) $50 credit for performing a Tech CU online bill payment within 90 days of opening Tech CU checking account. Maximum total credit $150.
3) Credits are posted to Tech CU savings account as of the end of the month in which the verified qualifying transaction occurs, but will NOT count toward the balance — AVAILABLE FOR WITHDRAWAL — * until 6 months AFTER account opening.
4) If account is closed within 6 months of opening, credit posted [i.e. $150] under this offer and any dividends accrued thereon will be * forfeited *.
thus: since have to wait 6 mo’s til can retrieve out our $150 Bonus Credit:
a) pay $8 to join Financial Fitness Assn
b) deposit $1.01 into Ck’g acct, $25 into Savings acct
c) do 1 ‘online bill payment’ asap (get it over with)
d) wait til Month 3 to setup “$500 recurring Direct Deposit” [ACH, etc]
> just make sure your 1st $500 DD/ACH, hits within 1st 90 days
> I presume, a ‘Recurring DD/ACH’, not a ‘1 Time’, must be setup
> must maintain ‘Recurring’ until Day 181; $150 Bonus tied up til then
e) just after ea $500 is available, withdrawal / spend it
f) Day 181 post ‘Opening Date’ — withdrawal / spend $150 Bonus Credit
g) after above, finally rec’g your $150 Bonus Credit, Close acct
miss any other relevant / important details, to follow? appreciate update(s)
August 17, 2017 — new EXPIRATION Date (also confirmed, on ph w/ Rep there)
source: https://www.techcu.com/moveon/
Thanks WB.
I have it here https://dannydealguru.com/2016/07/25/technology-credit-union-150-checking-bonus/
Should have upgraded this post instead
Danny, there’s some changes to the latest offer. I opened one in July and the most it accepted for initial deposit via credit card is $100 for checking and $25 for savings, total of $125. Still no minimum balance required and no monthly fees. I have already fulfilled the DD and B/P requirement, just waiting on my bonus to post.
does anyone know if a direct deposit from Chase is counted? Thanks
I haven’t seen any DPs for Chase, so not sure
Just an update. CO360 works as well
Bonus posted yesterday. $100 and $50.
used ACH from Alliant
Thanks for the heads up Jake. Just checked and mine posted yesterday as well. I used Cap One 360.
it comes with a savings account that requires a minimum $25 opening deposit.
any idea if that account has any fees?
Good question. I’ll look into it and I’ll update.
Rep said no fees for Savings account. In the documents says
$25.00 minimum balance to open and
maintain account and earn dividends
Danny what is the easiest way to make the $500 direct deposit requirement? You referred to Capital One 360 and Alliant – can you explain how to set up account with both institutions and whether one of them in particular is preferable (more convenient) to make a direct deposit? Do you just have to make 1 direct deposit of $500 or must there be recurring $500 deposits?
For this one I don’t mention Cap One 360 and Alliant. Discover and Ally Bank have been reported to work
http://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/#Tech_CU
You need to do one transfer of $500+ and one bill pay within 90 days
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