USAA $200 Checking Bonus – Doctor Of Credit

Update 7/19/24: Deal is back until 12/10/24.

Update 10/11/23: Deal has been extended to March 14, 2024 and is now $200 instead of $100. Military pay isn’t required this time either.

Offer at a glance

• Maximum bonus amount: $200
• Availability: Nationwide but restricted membership
• Direct deposit required: Yes, $100+
• Additional requirements: No
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Can fund up to $100 with a credit card
• Monthly fees: None
• Early account termination fee: None
• Household limit: None listed
• Expiration date: October 10, 2023

The Offer

Direct link to offer

• USAA is offering a $200 bonus when you open classic checking account with qualifying military pay of $100+ within the first 180 days of account opening

The Fine Print

• Eligibility: Offer available for new USAA Classic Checking accounts from USAA Federal Savings Bank, also known as FSB, opened between May 5, 2023, and October 10, 2023. The account is not eligible for this offer if: 1) the primary account holder currently has, or has had, ownership of a USAA FSB checking account in the 12 months prior to account opening. The primary account holder is the account holder whose U.S. taxpayer identification number is used for tax reporting purposes on the new account.; or 2) the account is titled as a trust account, estate, Uniform Transfer to Minor Account, also known as UTMA, or other fiduciary account. The new USAA Classic Checking account must remain open and in good standing through the time we attempt to deposit any earned bonus payment. Offer may be discontinued or changed at any time without notice.
• Bonus Requirements and Payment: To qualify for the bonus, open a new USAA Classic Checking account between May 5, 2023, and October 10, 2023, and receive a qualifying direct deposit into the new USAA Classic Checking account within 180 calendar days after account opening. A qualifying direct deposit is a single Automated Clearing House, also known as ACH, electronic deposit of $100 or more of your United States military salary pay, retirement pay, military disability pay, or annuity pay for a surviving beneficiary from Defense Finance Account Service, also known as DFAS, or the U.S. Department of the Treasury, that posts to your new USAA Classic Checking account. Civilians receiving pay from DFAS are excluded. Special payments are not eligible; this includes but is not limited to education and travel benefits related to military service. We will attempt to deposit the $100 bonus into your new USAA Classic Checking account within 60 days after the first qualifying direct deposit. You are responsible for any federal, state, or local taxes due on the bonus and we will report the bonus as income to the tax authorities if required by applicable law. Consult your tax advisor.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

There is no EATF.

Our Verdict

Requirements seem relatively easy to meet if you’re eligible to be a USAA member.

Hat tip to Bockrr

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