Posted by William Charles on October 8, 2017
Bank Account Bonuses

Published on October 8th, 2017 | by William Charles


[VA only] Union Bank & Trust $100 Checking Bonus

Offer is back and valid until November 18th, 2017 now. Hat tip to reader Humberto de Richmond

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Must reside in Virgina
  • Direct deposit required: $500+ (must be recurring)
  • Additional requirements: 
  • Hard/soft pull: Soft 
  • ChexSystems: Yes, not inquiry sensitive
  • Credit card funding: Up to $2,000 
  • Monthly fees: None
  • Early account termination fee: 180 days, $25
  • Expiration date: December 30th, 2016 May 31st, 2017 June 30th, 2017 November 18th, 2017

The Offer

Direct link to offer

  • Receive a sign up bonus of $100 when you open a new free checking account with Union Bank & Trust and complete the following:
    • Set up one monthly recurring direct deposit that is received two times in your account within 60 days of account opening date.

The Fine Print

  • In order to qualify for $100 cash bonus, you must (1) open any Union personal checking account by November 18th, 2017, AND (2) set up one recurring qualified direct deposit in which two direct deposits are received within 60 days of account opening.
  • A qualified direct deposit is a direct deposit of a paycheck, pension, Social Security or other eligible regular monthly income, electronically deposited by an employer or an outside agency into your new checking account.
  • Cash bonus is only available to new Union Bank & Trust customers that do not currently have a personal checking account with us.
  • May not be combined with any other offer.
  • Offer may be withdrawn without notice.
  • Customers must reside in Commonwealth of Virginia.
  • All accounts are subject to approval.
  • $100 Cash Bonus Payment: $100 cash bonus will be credited to your checking account within 30 days after terms of offer are met.
  • Your checking account must be in good standing at time of payment to receive cash bonus award.
  • Cash bonus value will be reported to IRS as taxable income.

Avoiding Fees

The free checking account has no monthly fee to worry about.  According to the fee schedule you’ll be charged an early account termination fee of $25 if the account is closed within 180 days of opening.

Our Verdict

Offer is significantly better than it was before as you can open online and there is no monthly fee to worry about. Still by no means the best checking sign up bonus, but better than it previously was especially with the credit card funding. As always share your data points in the comments below.

Big thanks to reader, Curmudgeon & Gadget who let us know. Please consider sharing bank bonuses with this site so we can make it even better.

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45 Responses to [VA only] Union Bank & Trust $100 Checking Bonus

  1. Gadget says:

    DP: Per the banker, “CC Funding”, because of the way they do it, would code as cash advance. I did not bother to try it. He also said it was a Soft inquiry to ChexSystems to do the “credit check”. They WERE NOT inquiry sensitive, other than the did ask me if I had a couple recent accounts out of state. I just verified they were mine, that I opened them while in a specific state while on an extended visit with family.

    Some other notes: Said they could waive the fee for the first order of checks if I opened a savings account. I declined. Not sure why that would be a qualifier though. Banker did try to push other types of accounts I could open. I think he said a savings account was a requirement to get a credit card, which I thought was strange. I was able to signup for online access at home, and noted out of the multitude of banks I have used, they have a nicer, polished interface for the web interface. Just my first impression. Opening in branch took less than an hour. Got given a free pen and 2017 calendar, for those that are in this for the swag. 🙂

  2. Gadget says:

    DP: Apparently the DD MUST BE recurring and post more than once to the account. Discover ACH was implied to count as a DD.

    Did not receive bonus, even though I did ONE real honest-to-goodness DD and ONE ACH from Discover. Contacted them via SM. First response was the bonus would be paid at the end of last month. Didn’t happen, so I contacted them again. Apparently they are hung up on the word “recurring” DD as part of the terms. Because I only did one “DD” from each, they aren’t paying until it becomes recurring. PITA, because the ACH account I used is now closed, and if I move my real DD, I risk losing a better bonus that is in progress. BS. Regretting this one, esp. with the small reward!

    • Updating post to make this clearer.

      • Gadget says:

        Good idea, but I am not blaming you by any means. The offer is expired, (might want to mark the title expired) but if they come back with a new bonus, it would be good to know you have to hit the account at least twice from the same source. They should have given me good info the 1st time I asked when I still had the Discover account open. I haven’t given up on this bonus, and I am stuck with the account until June so I will continue to pester them. Maybe my swag calendar and pen will be the only bonus I get?

        • Gadget says:

          Finally, the bonus paid out today. I was able to send one last ACH out of my Discover account last week and then sent SM requesting bonus be paid. So, DP: Discover does count as DD. Must be recurring. May have to ask to be paid.

  3. Gadget says:


    First, it is only good for accounts opened “May 1, 2017 and May 31, 2017”, so you are ahead of the game. I would be worried that they would not honor early-birds, or change the terms the terms last minute.

    Couple things have changed since last go around & article needs updating:

    1. Free Checking qualifies – last time it had to be the Interest Checking or higher.

    2. You can Sign Up online, or via phone too. Last time it was branch only.

    3. They removed the $500 min for the DD, and specifically state it has to hit twice in 90 days.

    I am still within my 6 month early termination, so I won’t be signing up again, but I may sign up my S.O.

    They are not Chex inquiry sensitive, and did pull Chex last time. Discover ACH DID count as DD.

  4. BHanna says:

    Applying online CC funding is available for $2000 total (you can try to open a savings as well, but that doesn’t change the max). Not sure how it codes though… I tried my CSP but I was rejected (got an email within 5 minutes) for the application, so it sure if it would have coded as a CA…

    Called the 800# that was told I could open one in a branch but could not go through the online option since I had 15 inquires on my Chexreport… (Thank DoC lol)…Will try to stop by branch and update when I have a chance…

    • Gibunono says:

      Hi BHanna,

      During the whole application process, does somewhere show the bonus information? I tried to apply online but the landing page doesn’t conclude the $100 bonus promotion or a promo code to enter.


      • Bhanna says:

        Yea, I saw the promo code field and left it blank… After I finished the application there was a place to upload documents, I up loaded advertisment from online.

    • Bhanna says:

      Was able to open the account in the branch… They pulled my report, and asked me why I had so many inquires, to which I responded “I am trying to find a conviently located bank that will handle my banking needs- Are you that bank?” and the lady laughed and continued doing her thing…

      Got the Account and routing number… will try Cap360 and Discover push..

      • Daniel says:

        Did you by any chance attempt CC funding when you opened in-branch?

        Thank you for all the information in your post/updates!

        • Bhanna says:

          Yea… Lady said she would have to swipe it as a cash advance, so I didn’t push that route any further

  5. Gibunono says:

    Applied online, received a confirmation email of application, then received another email about denial decision shortly after:

    Dear XXX,

    Thank you for your recent deposit account application with Union. We regret that we are unable to open the account at this time due to incomplete or conflicting identification information that we have requested.

    If you wish to continue with applying for an account, please visit your local branch.


    Union Bank & Trust

    Has someone met with the issue here?

  6. B says:

    Wanted to provide a DP for funding with a credit card. I used my consumer Amex SPG for $1000 initial deposit and it has coded as a purchase, oddly enough, with a merchant code of Wholesale Stores.

  7. shashi says:

    DP: Declined for too many enquiries.

  8. Gadget says:

    Signed up S.O. Attempted funding $2K with Chase F/U. Confirmation at end of application said “under review”. Funding showed up immediately in Chase login as pending, but only $1 debit, -$1 Credit.

    Got an e-mail the next business day the account was denied, and to expect a letter in the mail. Suspect it is Chex inquires – approximately 8 in the last year. When I applied for myself last year in the branch, I had well over 8 and was approved. Conclusion: Inquiry sensitive when applying online.

  9. Elliot says:

    I just tried to open this account in branch, and they said they don’t allow credit card funding with american express, contrary to the datapoint given in this thread where someone said they used amex spg…

  10. F S says:

    DP: Just funded $2,000 with AMEX SPG. Applied for the account last night, it went pending. AMEX was charged $1.00. This morning received approval email and charge of $2K went pending on AMEX. Also, received a fraud alert from AMEX, called and confirmed $2K deposit. All is good!

  11. Chris M says:

    Just FYI… This promo has been extended to 6/30/17.
    I opened my account last week, so I don’t know if I will have a direct deposit data point prior to 6/30, but if I do, I will update.

    • Chris M says:

      My ACH from Discover Bank is showing as “DISCOVER BANK/P2P.” P2P works all day long with M&T Bank, but not necessarily with others, so this one is a crap shoot at the moment. I will go ahead and link Schwab to see if a transfer from them will code differently.

    • Thanks, updated post.

  12. Suzanne says:

    DP Just applied and funded $2000 opening deposit with Amex BBPlus. After completing application, I received “Your application is currently under review and a Sales & Service Representative will contact you within 1-2 business days from the receipt of your application.” Within 10 minutes, I received a welcome email along with instructions for completing the signature card. At the same time, Amex sent me a notice that a $2000 charge was approved. It coded under Wholesale Stores too lol Hope that helps!

  13. Humberto de Richmond says:

    Barclay aviator card coded as a purchase. Chase ACH counted as DD.

  14. Chris M says:

    Interesting Data Point – Capital One 360 counted as a DD for me, but I didn’t even have to make the deposits. The trial credits did it.

    6/9 Trial Credit from Cap1 360 coded as “CAPITAL ONE N.A.”
    6/9 Trial Credit from Cap1 360 coded as “CAPITAL ONE N.A.”
    6/12 $100 Bonus posted

  15. Carlos Danger says:

    5/30 – Opened Account
    6/9 – $100 DD from Ally
    6/16 – $100 DD from Ally
    6/22 – Received $100 bonus

  16. Chris M says:

    on my wife’s account

    6/12 – $103.44 P2P from Schwab
    6/16 – $101.09 P2P from Schwab
    6/22 – $100 Bonus posted

  17. Stacy says:

    Opened account for my husband several days ago no problem. Tried to open one for me last night. Got denial today. “We regret that we are unable to open the account at this time due to incomplete or conflicting identification information that we have requested.” We have a similar number of bank accounts so our chex should be similar.

  18. Stacy says:

    Union Account opened 6/29
    7/5 $100 DD from Alliant
    7/11 $100 DD from Alliant
    7/13 $100 Bonus pending

  19. sirtheta says:

    Important change: DD has to be received twice within 60 days now, instead of 90.

  20. James says:

    I was denied an account, and I just received the explanation letter. It was due to information received from Chex Systems.

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