Offer Details
Written by: RJ
Requirements
- Open a new Basic checking account
- Promo code ‘NEW500’
- Direct deposit $2,500 for three consecutive months
Eligibility
- Nationwide via joining an organization at application
- New members only
Fees
- High Yield and Basic checking are both fee free
Account Closure
- No rule listed
Chex
- Yes
Valid through: No end date listed
Notes
- Application says it allows for $5k in credit card funding.
Thoughts
Looks to be nationwide via joining an organization at application. Three months of direct deposits are annoying but it is easy.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
I messaged Chase to drop my cash advance limit to the minimum. Let’s say I used my Chase World of Hyatt Business card to fund $5000 for this account. Does that show as normal spend? I have not funded a bank account with a credit card before so am curious how it works. I really want the spend to count as normal spend so it counts toward World of Hyatt Elite Nights (5 per $10K on the World of Hyatt Business). Any idea if that works?
I did apply and was approved. I dropped my Chase World of Hyatt Business cash advance limit to the minimum which is $100 by sending a secure message in the Chase app. Then I funded the bank account with $5000 from that card and it did show as normal spend and counted toward my World of Hyatt elite status. They seem to be a great credit union so far.
Can you combine paychecks? F.e would 2 paychecks by $2500 every tw o weeks. counted as 5k per month?
Anyone able to use an Amex to fund? Trying to get my business gold SUB
I applied for Stanford FCU on 11/12/2023. I received a secure message from them today on 11/14/2023 stating I have been declined due to ChexSystem. This is my first denial related to Chex. Bummer lol.
Online app seems to be broken, hangs at submission no matter what combination of browsers and device I try
It was hanging for my during the ID upload state on my Mac. I restarted the application process with my iPhone and it no longer hung up there. I managed to finish to the end and got an email saying they will contact me in a couple days to finish the process to open the account.
Is it his Chex sensitive? I need to hit a 6k spend for 900 bonus with a chase business card, any idea on how it will code? Thanks bud
Very sensitive. Chase is usually fine. Have them lower the cash advance limit on the card to as low as possible
Did anyone have trouble submitting their picture ID ? I couldn’t get mine to go thru. I got this message
Your photo does not meet the minimum size requirement of at least 500 x 500 pixels. Please submit a different photo.
I had to do it on mobile. Desktop kept spinning
Same here. Once I switched from my Mac to iPhone, the photo successfully uploaded.
5k/mo is steeep. That’s those Cali Paychecks for ya.
Yeah I had to go with the $250 deal. But the cc funding is still nice 🙂