[CO] Credit Union of the Rockies $300 Checking Bonus

Offer at a glance

Maximum bonus amount: $300

Availability: Must live or work in one of the following counties:

Clear Creek County

Eagle County

Gilpin County

Grand County

Jefferson County

Summit County

Direct deposit required: Yes, $500+ per month

Additional requirements: 5 debit card transactions and keep account open for 90 days

Hard/soft pull: Unknown

ChexSystems: Unknown

Credit card funding: Unknown

Monthly fees: None

Early account termination fee: $25, 90 days

Household limit: None

Expiration date:

The Offer

Direct link to offer

Credit Union of the Rockies is offering a $300 bonus when you open a new checking account and complete the following requirements:

Complete a minimum of five (5) transactions using your CUR Visa debit card within the first 90 days of account opening

Keep account open for at least 90 days

The Fine Print

Offer available for a limited time.Membership eligibility required.

Offer valid for new Credit Union of the Rockies members age 18 or older.

To qualify for the $300 bonus, you must: (1) open a new Credit Union of the Rockies checking account; (2) establish and receive a qualifying direct deposit of at least $500 into the new checking account; and (3) maintain the checking account in good standing for at least 90 days after account opening.(4) Complete a minimum of five (5) transactions using your CUR Visa debit card within the first 90 days of account opening.

The $300 bonus will be deposited into the qualifying checking account after all requirements have been met.

Limit one bonus per individual.

Bonus may be reported to the IRS and is the recipient’s responsibility for any applicable taxes.

Offer cannot be combined with any other promotional offer and may be modified or withdrawn at any time.Accounts are subject to approval.

All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

In touch checking account has no monthly fees to worry about.

Early Account Termination Fee

$25 if closed within 90 days

Our Verdict

There was a $150 referral bonus that didn’t require a direct deposit as well but did have some big requirements for the full bonus.

This new bonus should be a better option for most/all people.Share your experiences in the comments below.

Hat tip to reader snailrock

Useful posts regarding bank bonuses:

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by mycardopinions.
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Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.