Radius Bank (formerly First Trade Union Bank) will give you $50 cash back when you set up a direct deposit, valid for applications submitted by June 30, 2015, and available to anybody in the U.S.A.
First Trade Union Bank is now Radius Bank, and to celebrate, they’ll give you a $10 bonus per month for 5 months when you set up a direct deposit to your new Radius Checking Account for a total of $50 in bonus rewards.
Radius Bank Available Nationwide in United States
Anybody in the United States can open an account online with Radius Bank, regardless of which state you live in.
This bonus offer is available nationwide.
Radius Bank $50 Checking Account Bonus Requirements
Radius Bank will deposit $10 per month into your Radius Checking Account for up to 5 months for every month that a recurring Direct Deposit greater than or equal to $100 is credited to the Radius Checking account.
You must submit your application for a new Radius Checking Account by 11:59 PM ET on June 30, 2015, in order to qualify.
Your Direct Deposits must be credited from January 2015 to November 2015 in order to qualify, as the bonus payouts will end November 2015.
Just visit this $50 Promotional Page for more details about the $50 direct deposit bonus offer.
It’s important to note that you must maintain a $100 minimum deposit in your account to qualify for the $10 direct deposit bonuses.
Radius Bank Checking Account Details
The Radius Checking Account has no monthly maintenance fees.
The Radius Checking Account has no monthly minimum balance requirement to avoid any fees (although you must maintain a $100 minimum balance to qualify for the bonuses).
The Radius Checking Account does have a $10 minimum opening deposit required to open your account.
You can visit this Checking Account Page for more details on the Radius Checking Account.
Details About Qualifying Direct Deposit for $10 Bonuses
A qualifying recurring direct deposit is defined as the direct deposit of a paycheck, salary, pension, or government benefits electronically deposited by an employer or an outside agency.
Bank-to-bank transfers between accounts held by the same individual, transfers between accounts both held at Radius Bank, and deposits made via a banking location, ATM, or remote capture process (phone, tablet, scanner) do not qualify.
Your Direct Deposit must be credited in the following months in order to qualify: January 2015 – November 2015.
Bonus payouts will end November 2015.
After the first month that the Direct Deposit is credited to the Radius Checking account, individuals will then have up to 4 consecutive months to have a Direct Deposit credit to your account and earn the $10 bonus.
If no Direct Deposit is credited in a given month, the individual forfeits the $10 bonus for that month.
Radius Bank Checking Account $50 Promotional Details
Your Radius Checking Account balance must be greater than $100 at the time the bonuses are credited to the account.
The bonuses will be credited to the Radius Checking account within 60 calendar days after the Direct Deposit has been credited to the Radius Checking Account.
The cash bonuses are limited to 1 per individual.
If an individual opens multiple sole or joint Radius Checking accounts, you are only eligible for 1 direct deposit bonus.
Businesses are not eligible to receive a bonus.
This offer is valid for new Radius Checking accounts opened between January 1, 2015, and June 30, 2015, only.
Individuals that qualified for a different $100 promotion running in 2011, 2012, 2013, or 2014 do not qualify for this promotion.
So if you previously qualified for the $100 promotions from First Trade Union Bank, then you cannot qualify for this new bonus from Radius Bank.
Take advantage of this Radius Bank promotion to get up to $50 in bonus cash for qualifying direct deposits to your new free checking account.