USAA Bank $100 Checking Account Bonus

by High Yield Savings Accounts

usaaUSAA 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.

About USAA

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.

Other notes:

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.


Michelle May 19, 2009 at 2:54 pm

Hi – thanks for the information! I found you through the Festival of Frugality – My dad was military, and I did not realize I could still have USAA membership, so I’m glad I found this link. Yippee! $100 in December. And also to highlight/clarify that if you are a USAA member (for insurance or other financial products) but do not currently have a checking account with them, you DO Qualify for this promotion.

BankMan May 19, 2009 at 3:10 pm

You’re welcome, glad to help. 🙂

Based on my understand, yes, if you are eligible for the auto policies you are eligible to take advantage of this offer.

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