Posted by William Charles on March 31, 2017
Bank Account Bonuses no image

Published on March 31st, 2017 | by William Charles


[WI & IL Only] Heritage Credit Union $100 In Branch Checking Bonus

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Must live or work in the following areas: IL (Boone, Jo Daviess, Knox, Lake, McHenry, Stephenson, Warren, or Winnebago) or WI (Barron, Chippewa, Columbia, Dane, Dodge, Iowa, Lincoln, Milwaukee, Oneida, Ozaukee, Price, Racine, Rusk, Sauk, Taylor, Washington, or Waukesha, or within 25 miles of Sheldon or 15 miles of Chetek)
  • Direct deposit required: Yes, $100+
  • Additional requirements: Open in branch
  • Hard/soft pull: Soft 
  • ChexSystems: Unknown
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Expiration date: September 30th, 2016 December 31st, 2016 May 31st, 2017

The Offer

Direct link to offer

  • Receive a sign up bonus of $100 when you present your coupon (available online) and receive a direct deposit of $100 within 30 days of account opening


The Fine Print

  • All offers subject to qualified credit.
  • New members: subject to member eligibility and an initial deposit of $25 into a primary savings account, which must remain open for 12 months. Coupon must be presented by September 30, 2016, and prior to opening the account.
  • Qualifying accounts must be opened within 30 days after presenting coupon.
  • Cannot use multiple offers on same product.
  • Promotions can change or end at any time.
  • Each coupon may be used once per individual member account.
  • Bonus may be taxable as income and reported on IRS Form 1099-INT.
  • Heritage employees and their immediate families are not eligible. Void if expired, altered, reproduced or photocopied. Must not have had an open Heritage checking account in the 6 months prior to opening new account.
  • $100 will be credited to your Heritage primary share account within 30 days of receipt of your first direct deposit of $100 or more into a new qualifying checking account.
  • Direct deposit must be received within 30 days of opening new checking account and cannot be transferred from another Heritage account.
  • Federally insured by NCUA. Equal Housing Opportunity Lender.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

The best account to open would be the free checking account with no monthly fees. I wasn’t able to find a fee schedule so I’m unsure if any early account termination fee is charged or not.

Our Verdict

Bit annoying you have to open this one in branch and it’s only a $100 bonus. Probably not one of the better bonuses due to those facts, although at least it’s a soft pull.

Useful posts regarding bank bonuses:

Hat tip to Maximizing Money

10 Responses to [WI & IL Only] Heritage Credit Union $100 In Branch Checking Bonus

  1. John K says:

    Speaking of Bank bonuses…

    5th/3rd, $200 bonus, good through 9/30:

    Must live within 50 miles of bank branch. I tried to apply and got an error online. Called in and tried to apply, got to the PATRIOT act disclosure and was asked for my address, was filled in on the address limitation.

    I do have a credit card with them – received a mailer for a $150 cash bonus with $500 spend this month. Apparently loans/credit accounts are more generous than deposit account limitations.

    • Jay says:

      Definitely can’t apply online with that coupon, the terms are pretty clear about that.

      Looks like it’s FL/GA/IL/IN/KY/MI/NC/OH/TN/WV only

      • John K says:

        Direct from the email I received with coupon:

        Your $200 coupon code is:
        OFFER CODE xxxxx
        Expires on September 30, 2016
        Bring this email to your local Fifth Third Branch.
        Apply Now
        The offer code will be automatically applied to the online application. Account must be opened from this page.
        Get Your $2001 Cash Bonus in 3 Steps:
        Open an Essential Checking account.
        Set up direct deposit and make three online bill payments using Fifth Third’s online bill pay service within 90 days of opening account.
        We will deposit the $200 cash bonus1 in your new account after requirements are met.
        Get started today!

        I live in one of the state you’ve mentioned, and I can’t apply. The reason given by the rep when I called in is because I live more than 50 miles from a branch.

  2. says:

    I’ve done this one. The bonus posts immediately after a qualifying DD. However, they are picky about what counts for DD, I had to switch my paycheck to DD $100 there.

  3. JJ says:

    Opened up an account today in person. No credit card funding and they are pretty strict on only opening accounts for people that live/work in the area they are in. The good news is it is NOT a hard pull, it is a soft pull. I asked them numerous times. Any one questions ask me, my branch is super friendly.

  4. Theory says:

    Opened an account today in person, also was told that it was a soft pull. They also checked ChexSystems, and even though I had 6 inquiries in the past 6 months, they were fine with that since I have no negative marks.

  5. JJ says:

    Following up since my first comment. DD hit 4/27 and bonus was deposited on 5/3. Pretty quick so I am happy. Funds available to withdraw, I think I just can’t close the account for at least a year. I will ask my banker next time I go in

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