Offer at a glance
- Maximum bonus amount: $400
- Availability: CA, NV (but seems to be nationwide via ACC)
- Direct deposit required: $500, any ACH deposit counts
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Yes (chex sensitive for online applications)
- Credit card funding: Unknown
- Monthly fees: None with estatements
- Early account termination fee: None
- Household limit: None listed
- Expiration date: “Bonus effective 12.15.2025 to 3.15.2025.”
The Offer
Direct Link to offer
- Rize credit union is offering a $400 bonus when opening their Free Checking account:
- Open a new membership with a Free Checking account online at URL with promo code (Henderson400), subject to approval;
- Establish and receive qualifying electronic deposits totaling $500 or more to your new Free Checking account within the 90 days following account opening date.
Qualifying electronic deposits include automated clearing house (ACH) deposits, payroll direct deposits, and person-to-person payments (e.g. Zelle, Venmo. Paypal) credited to the account.
The Fine Print
- Bonus effective 12.15.2025 to 3.15.2025.
- Available to individuals who are not existing Rize Credit Union (Rize CU) members and have not had an Rize CU account closed within the past 90 days.
- $400 bonus will be deposited into your Rize Free Checking account on the first day of the month after the qualification period, provided all requirements are met.
- Account must be open and in good standing up to and including the date bonus is paid, otherwise it will be forfeited.
- A valid Social Security number and government-issued photo ID are required.
- Limited to one bonus award per member and/or account based on Social Security number.
- Rize CU membership is required to open an account.
- Offer not available to fiduciary accounts (e.g., trusts), business accounts, and Rize CU employees.
- Bonus is considered taxable income and will be reported on IRS Form 1099-INT.
Avoiding Fees
There are no monthly fees to worry about, provided you sign up for e-statements.
Our Verdict
Looks like an easy $400 bonus with any $500 ACH deposit received. The expiration date of 3/15/25 seems to be a typo which should say 3/15/26.
Reader Brian sent this in and mentions have issues signing up online due to Chex, but was able to sign up in person. Other readers also are having trouble signing up online. The bonus itself does appear to be tracking in the online link, but as always please do your own homework. If readers can get this to work we’ll add it to our list of Best Bank bonuses.
Rize credit union also has a high yield checking account that pays 7.5% on balances up to $10,000 with e-statements, 5 debits/month, and a $5,000 minimum balance.
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