NuVision FCU has again extended the $150 checking account promotion. The offer is now scheduled to last until 6/30/09. To receive the full $150 requires the following:
- $50 bonus for opening the free checking account with a minimum deposit of $100. Also required is either direct deposit of $200/month OR 5 signature debit card purchases per month for the first 90 days.
- $50 bonus for keeping the checking account active for 90 days (at least 3 transactions each month)
- $50 bonus for using online bill pay (at least 3 per month)
Readers have reported some success and problems with this promotion in the past.
In my August 2008 post on this promotion, a reader reported being able to open an account and receive the bonus by mailing in the application along with the bonus coupons. Previously I had been told that the promotion would require a branch visit. In order to receive the bonus, you must mail in the coupons with the application.
Update: Readers have just commented that a branch visit is now required for this promotion. This is also now listed in the fine print of the promotion.
Another reader reported problems with the credit union's customer service:
I applied 3 times. They did not call or email me. I emailed them, they said apply again. They did not call or email me so I guess I was not accepted.
Another reader mentioned in my last post on this promotion that his application was rejected, possibly due to a ChexSystem flag for opening more than 3 accounts in the last 90 days.
If you have tried this promotion in the past, please leave a comment.
The credit union still offers a refer-a-friend program which rewards a member $50 for each referral.
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.
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).
Thanks to the reader who emailed me info on this new promotion.