New Account Bonus Requirements

You must be 18 years or older. You are not eligible if you are a current owner or signer on a Provident Credit Union personal checking account or business checking account or if you have been an owner or signer on a Provident Credit Union personal checking account or business checking account within the last two years. One Checking Account Bonus per household/business. Offer may expire anytime. This offer cannot be combined with any other offers.

Eligibility
To be eligible, you must open one of the following checking accounts: Super Reward Checking, Provident Checking, or Simply Free Checking all other checking accounts are not eligible for the bonus. You must fund your Checking account within the first 60 days of account opening with a minimum deposit of $25. If you fail to fund your Checking account within the first 60 days you are no longer eligible for the New Account Bonus and your account(s) will be closed. In order to qualify for your New Account Bonus your account must be active and in good standing for two consecutive months following the month that your account is opened. All qualifying purchases and transactions referred to as “per month” or “monthly” only count towards the requirement of the month in which they POST, which will be on a business day (Monday – Friday) and may take one or more business days from the purchase/transaction date. Your account is deemed active by:

  1. Making purchases of $400 or more using a debit and/or credit card* per month, AND
  2. Performing monthly direct deposits or automatic credits of at least $500 into your checking account, AND
  3. Enrolling in Provident’s online banking service and e-Documents with valid e-mail address 
* Automatic or electronic payments using your checking account and routing number are not considered purchases. By providing your payee with your debit or credit card number, your posted automatic payments will be counted as eligible purchases. Debit card cash-back amounts and cash advances on credit cards do not count towards qualifications.

If your account remains inactive after 90 days from account opening you are no longer eligible for the New Account Bonus. Your account is in good standing if you:

  1. Demonstrate responsible account management—such as making regular deposits to bring your account to a positive end of day balance at least once every 30 days (including the payment of all credit union fees and charges)
  2. Avoid excessive overdrafts suggesting the use of Courtesy Pay Overdraft as a continuing line of credit
  3. There are no legal orders, levies or liens against your account

New Account Bonus

We generally pay the New Account Bonus by crediting your Provident Credit Union Checking account. You will receive the stated bonus within 120 days of account opening. We may report the value of the $300 Checking Account Bonus to the IRS and any applicable taxes are the responsibility of the member.