Bowater Credit Union Checking Savings Promotion: $50 Bonus (TN)

Bowater Credit Union is offering residents of Tennessee a $50 bonus when you open a Checking and Savings Account and meet the requirements listed below by May 31, 2019.

To get started, all you have to do is open a new share savings account with a minimum opening deposit of $5. Once you have completed that, you must open a checking account with direct deposit. Lastly, you must apply and be approved for a Bowater CU VISA Debit Card.

Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.

Editor’s Note: You may also qualify if you are an employee of Jackson’s Furniture. For more information, check out their Bowater Credit Union Alternative Link.

Credit goes to Lindsay for letting us know about this bank promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!

Western Alliance Bank High-Yield Savings Premier: Available nationwide, the Western Alliance Bank High-Yield Savings Premier account offers 4.46% APY. FDIC insured. Open your account online in five minutes or less. No account activity or maintenance fees. Learn More---Review

Bowater Credit Union $50 Bonus Info

• Direct Link to Offer
• Bowater Credit Union Promotion PDF Printout
• Account Type: Share Savings & Checking Account
  
• Availability: TN (Bank Locator)
• Expiration Date: 05/31/2019
  
• Credit Inquiry: Unknown, Let us know
• ChexSystems: Unknown, Let us know
• Opening Deposit: Varies by account
  
  • Share Savings: $5
  • Free Interest Checking: None
  • Premium Interest Checking: $100
  • Gold Interest Checking: None
• Credit Card Funding: Unknown, Let us know
• Direct Deposit Requirement: Yes
• Monthly Fee: Varies by account, see below
• Additional Requirements: See below
• Household Limit: None listed
• Closing Account Fee: $25, if closed within 6 months of account opening
  

What Triggers Direct Deposit? Alternative Methods

Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.

Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.

How To Earn Bowater Credit Union $50 Bonus

1. Open a new Bowater Credit Union Share Savings account with the minimum opening deposit of $5 by May 31, 2019.
2. Open a checking account and set up to receive direct deposit.
3. Apply and be approved for a Bowater CU VISA Debit Card.
4. Keep the account open and in good-standing for 90 days.

How to Avoid Monthly Fees

• Share Savings: There are no service fees
• Free Interest Checking: There are no service fees
• Premium Interest Checking: $5 monthly fee (waived if balance is kept at $500 or more)
• Gold Interest Checking: There are no service fees

Bottom Line

Make sure you check out Bowater Credit Union to learn more about the $50 bonus promotion. Don’t forget, the $50 bonus will be reported on IRS Form 1099-INT.

Feel free comment below and let us know about how it went and  if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.

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