Residents of select California counties have a chance to secure a $300 cash bonus by opening a new checking account with First US Community Credit Union. This regional offer is a straightforward way to boost your travel fund with high-liquidity cash.
Quick Offer Summary
- Bonus Amount: $300
- Spend/Deposit Requirement: $500 direct deposit within 90 days
- Promo Code: BTF300
- Hard Pull: Yes (reported)
- Expiry: December 31, 2026
Bonus and Spend Requirements
To earn the $300 bonus, you must open a new personal checking account using the promo code BTF300. Within the first 90 days of account opening, you must receive a direct deposit of $500 or more. Note that Peer-to-Peer transfers (like Zelle or Venmo) or debit card credits typically do not count as qualifying direct deposits.
Membership Eligibility
This offer is localized to California. You are eligible to join if you live, work, or worship in the following counties:
- Sacramento, Placer, Nevada, El Dorado, Amador, Yuba, Yolo, Sutter, San Joaquin, Solano, Sierra, and Contra Costa.
- Federal employees throughout California and Safeway employees in Northern California/Nevada are also eligible.
A minimum $25 balance in a Member Share (Savings) account is required to maintain membership.
Key Considerations
- Hard Credit Pull: Unlike many bank bonuses, First US Community Credit Union is known to perform a hard credit pull for new memberships. If you are planning a major credit card application spree soon, factor this in.
- Taxable: The $300 bonus will be reported to the IRS as interest income.
- Account Status: The account must remain open and in good standing with a balance greater than zero at the time the bonus is paid.
Estimated First-Year Value Table
| Component | Value |
|---|---|
| Cash Bonus | $300 |
| Total Gross Value | $300 |
| Annual Fee | $0 (on basic checking) |
| Net First-Year Value | $300 |
PointsGobbler Verdict
A $300 bonus for a relatively low $500 direct deposit is an excellent return on effort. While the hard credit pull is a slight drawback for those focused solely on credit card rewards, the “cash is king” aspect makes this a great supplement to any points-earning strategy for eligible Californians.
Note: Offer terms can be canceled or changed without notice. Always confirm eligibility and requirements on the official First US Community Credit Union website.