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$100 and iPod Bonus for Checking Account at a California CU (NuVision) - Easy Membership

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NuVision Credit Union
NuVision FCU is having a promotion for its free checking account. You can receive all of the following:
  • 1GB iPod Shuffle for opening a free checking with a minimum deposit of $100 and with direct deposit of $200/month set up within 90 days
  • $50 bonus for keeping the checking account active for 90 days (at least 3 transactions per month)
  • $50 bonus for using online bill pay (at least 3 per month)

The offer expires on 12/31/07. I called their toll-free number (800-444-6327) and I was told that this promotion does require a branch visit. The coupons in the promo page must be submitted when the checking account is opened. The iPod Shuffle will be given at the time of account opening. The $50 bonuses will be credited once the above requirements are validated. The iPod Shuffle and the cash bonuses will be reported as taxable income.

Field of membership includes members of the American Consumer Council. Anyone can join this organization with a $6 membership fee. In the online credit union application, it allows you to select this council for eligibility, and it states: "If you are interested in joining the Council and the credit union, click this option and continue applying for membership." See the site for other ways to be eligible to join the credit union without joining this council. You can be eligible via select employer groups and via immediate family.

Even though anyone appears to be able to join the credit union, it appears that this checking account promotion is limited to those who can visit a branch. Branches are located in the California cities of Huntington Beach, Laguna Hills, Lakewood and Seal Beach. There's also a branch in Mesa, Arizona, but it's only accessible to Boeing employees. The credit union is federally insured by the NCUA (Charter # 566). It has $798.6 million in assets and 51,063 members.

Thanks to the reader who mentioned this special in the finding deals post.

  Tags: California, NuVision Credit Union, checking account

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Comments
Comment #1 by Anonymous posted on
Anonymous
How long does the $200/mo direct deposit be active for the promotion? Or does it have to be just transferred once? Thanks banking guy.

1