Chartway Federal Credit Union $300 Checking Bonus, Direct Deposit Not Required

Offer at a glance

• Maximum bonus amount: $300
• Availability: Nationwide
• Direct deposit required: None
• Additional requirements: Make 10 debit card purchases
• Hard/soft pull: Soft
• ChexSystems:Unknown, mixed dp if sensitive
• Credit card funding: $210 ($100 savings, $100 checking, $10 to join)
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: April 15, 2025

The Offer

Direct link to offer

• Chartway Federal Credit Union is offering a $300 Cash Back Checking Account when you open a new checking account using promo code 300CASH and complete the following requirements the month after account opening:
  • Perform a minimum of 10 debit card purchases monthly using the Cash Back Checking debit card
  • Enroll in electronic statements with a valid email address
  • Have $500 or more deposits within a monthly cycle in the Cash Back Checking account
  • Have a positive balance

The Fine Print

• Offer ends April 15, 2025. Offer valid to individuals without a current Chartway consumer checking account.
• To earn $300 bonus, you must open a Cash Back Checking account and perform a minimum of 10 debit card purchases monthly using the Cash Back Checking debit card, enroll in electronic statements with a valid email address, and must have $500 or more deposits within a monthly cycle in the Cash Back Checking account.
• Bonus will not be deposited into any account with a negative balance. $300 bonus will be deposited into the Cash Back checking account the calendar month following meeting qualifications. (e.g. Qualifications met in January will be paid by February 14, 2025. Qualifications met in February will be paid by March 14, 2025.
• Qualifications met in March will be paid by April 18, 2025.
• Qualifications met in April will be paid by May 16, 2025.
• Qualifications met in May will be paid by June 13, 2025)
• 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

I wasn’t able to find an up to date fee schedule, so unsure if there is any EATF.

Our Verdict

Unfortunately they are ChexSystems sensitive. Better than the previous $200 bonus with the same requirements. Will be added to our best bank account bonus page.

Hat tip to J2

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