USAA Federal Savings Bank is offering a $100 sign up bonus for new checking accounts. The kicker is that you must be eligible for their property and casualty insurance. United Services Automobile Association (USAA) is an insurance company that offers financial services including banking, investing, credit cards, and other financial products.
There are two things that set USAA apart from other financial institutions. The first is that USAA was founded for military officers and continues to have fairly strict eligibility requirements – basically you must be in the military or be the adult child of a current USAA member. The second thing that sets USAA apart from other financial institutions is their consistently high ratings for financial products and customer service. They are often rated number one for best credit cards, customer service, brokerages and more. You can read a USAA Federal Savings Bank review for more information.
$100 USAA Checking Account Bonus
All you need to do receive the $100 bank referral bonus is follow these steps:
- Open a new Four Star Checking account online or by phone (800) 531-8132 (mention offer code)
- Use Offer Code: CEO 100.
- Deposit a minimum of $25.
- Set up direct deposit.
- The offer expires 5/31/09.
- Receive $100 bonus in December 2009.
Offer is not available to current USAA checking account holders and excludes Teen Checking accounts. Limit one $100 bonus per household.
The $100 bonus will be credited to your account in December 2009 if your Four Star Checking account has active recurring direct deposit.
Like all bank referral bonuses, this bonus is considered interest and will be reported on IRS Form 1099-INT.