Offer at a Glance
- Maximum Bonus Amount: [Specify amount if known]
- Eligibility: Open to individuals who live, work, attend school, or worship in the following Utah counties: Salt Lake County, Utah County, Davis County, Tooele County, Summit County, Wasatch County. Alternatively, eligibility extends to those who have a family member meeting the above criteria.
- Direct Deposit Requirement: Yes — Minimum $1,000 per month for three consecutive months
- Additional Requirements: [See detailed breakdown below]
- Credit Check Type: Unknown (Hard or soft pull not specified)
- ChexSystems Inquiry: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: Unknown
- Household Limit: None
- Expiration Date: No expiration date listed
Canyon View Credit Union has launched a limited-time promotion offering new members up to a $400 checking bonus when they open a qualifying checking account and meet straightforward activity requirements. The bonus is structured in four parts—$50 upon account opening, $50 after six months of account maintenance, up to $150 for establishing and maintaining a qualifying direct deposit, and up to $150 for completing a modest debit-card transaction requirement . In addition, members can earn a $100 bonus on a qualifying auto loan of $10,000 or more completed or refinanced with the credit union within six months of opening their primary savings account.
Overview of the $400 Checking Bonus
Canyon View Credit Union is offering a total bonus of up to $400 for new checking account members. The promotion is designed to reward account opening, account longevity, account activity via direct deposits, and debit-card usage . This competitive offer underscores Canyon View’s commitment to attracting and rewarding new members in its service.
Eligibility and Membership Requirements
Membership is open to individuals who live, work, worship, or attend school in Salt Lake, Utah, Davis, Tooele, Summit, and Wasatch Counties in Utah, or who have an immediate family member meeting those criteria. Prospective members must provide a valid Social Security Number or ITIN and mention the promotion at account opening to enroll . While the official offer page does not list an expiration date, applicants are encouraged to confirm current availability as promotions are subject to change.
How to Earn the Bonus
1. $50 upon Account Opening
New members receive an initial $50 bonus once their checking account is successfully opened and in good standing .
2. $50 after Six Months
An additional $50 is credited six months after account opening, provided the account remains open and in good standing throughout that period .
3. Up to $150 via Direct Deposit
Members who set up and maintain a monthly direct deposit of at least $1,000 for three consecutive months will earn $50 per month, up to a total of $150 .
4. Up to $150 through Debit-Card Transactions
Completing a minimum of 25 debit-card transactions (with each transaction at least $5) per month for three consecutive months triggers an additional $50 per month, up to a total of $150 .
5. $100 Auto Loan Bonus
Separately, members who finance or refinance an auto loan of $10,000 or more with Canyon View within six months of opening their primary savings account receive a $100 bonus.
Fine Print and Terms
- Tax Reporting: All cash awards are treated as interest and reported on IRS Form 1099-MISC .
- Enrollment Notice: Promotion must be mentioned at account opening for eligibility .
- Payout Window: Bonus eligibility is limited to within six months of the primary savings account open date .
- Fees: The checking account carries no monthly maintenance fees; early account termination fees are not publicly disclosed .
Why Canyon View Credit Union?
With roots in serving the Salt Lake Valley community, Canyon View Credit Union offers competitive rates across loans and savings products, award-winning service, and robust digital banking tools. Its community focus and member-centric philosophy make it an attractive alternative to larger national banks.
How to Join
- Verify Eligibility: Confirm that you meet the membership criteria for Utah counties or have qualifying family ties.
- Open an Account: Visit any Canyon View branch or apply online through the credit union’s website, mentioning the $400 checking bonus promotion.
- Meet Activity Requirements: Set up direct deposit, use your debit card, and maintain your account to earn each portion of the bonus .
Conclusion
For Utah residents and those closely connected to the region, Canyon View Credit Union’s $400 checking bonus represents a straightforward way to earn extra cash while exploring the services of a community-focused financial institution. Prospective members should act promptly to secure the offer and enjoy both the bonus and Canyon View’s full suite of banking benefits.
Tags
Checking Bonus