Cobalt Credit Union is currently offering a promotion where you can earn a $200 cash bonus by opening a new checking account.
Update 1/20/24: The offer has been extended through March 31, 2024.
Offer Details
- What you’ll get: $200
- Where it’s available: IA, NE
- How to earn it:
- Open a New Checking Account: Choose either a Cobalt Elite or Cobalt Blue checking account.
- Set Up Recurring Direct Deposit: Have at least one recurring direct deposit into the newly opened account.
- Enroll in E-Statements: Opt for electronic statements instead of paper statements.
- Complete Debit Card Transactions:
- For Cobalt Elite Checking Account: Make at least 15 debit card transactions that total a minimum of $500. These transactions must post and clear within 90 days of account opening.
- For Cobalt Blue Checking Account: Execute at least 10 debit card transactions totaling at least $250. These also need to post and clear within the first 90 days.
- When it expires: 3/31/24
READ MORE: WELCOME OFFERS FROM CHASE AND BMO.
Waive The Monthly Fee
Their checking account has no monthly fees.
Fine Print
- In order to receive the $200 bonus, you must open a new Cobalt Elite or Cobalt Blue checking account and fulfill the following requirements: (1) have at least one recurring direct deposit in the form of payroll or government benefit deposited into a Cobalt account, (2) enroll in e-statements, and (3) for the Cobalt Elite checking account, have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post and clear within 90 days of account opening. All qualifications must be met within the first 90 days of account opening.
- The bonus will be deposited into your membership share account within 90 days of meeting all account requirements.
- The bonus is not available for existing Cobalt Blue or Cobalt Elite Checking members who have closed a Cobalt Blue or Cobalt Elite Checking account within the past 90 days.
- The bonus will be reported to the IRS as dividends earned.
Bottom Line
We don’t know a whole lot about this CU. Please share your experiences in the comments section, if you do.
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READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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