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Coast Capital Savings has just come out with a new offer on their Free Chequing, Free Debit and More Account. New members are eligible for a $500 bonus after opening the completely free account and doing one of the following two things:
Set up payroll direct deposit into your new account.
Set up a preauthorized bill payment, for example your BC hydro bill or phone bill, and have it debited from your new account at least twice.
The $500 bonus will be paid within 30 days of eligibility criteria being met, according to the Coast Capital website.
The steps are easy, and the account can be fully opened online in less than 5 minutes. Even if you don’t plan on using the account much, it’s worth opening just for the $500 bonus.
If you apply using our referral link, you can earn an additional $50 on top of the $500 bonus, and we earn $50 as well. Coast Capital will also donate $50 to the Youth Futures Education Fund. This is a win-win-win!
In order to receive the extra $50, you simply have to deposit $100 in the new account within 30 days, and leave it there for at least 24 hours.
Being a credit union rather than one of the “big five” banks, Coast Capital offers accounts with no monthly fees. Here is a table showing your potential monthly savings if you move all your business over. I personally have the account, but still do my primary banking elsewhere. Having the Coast Capital Free Chequing, Free Debit and More Account doesn’t cost me anything, so there’s no harm in keeping it even for occasional use.
This is one of the best bank account bonus offers we have seen in recent years, for being so easy to earn. Other banks require a mortgage or loan, credit card, expensive account fees, etc. in order to earn the bonus where as this one is extremely easy.
There’s no published end date to the offer, but the website states that “The Credit Union reserves the right to terminate the Offer at any time.” I would jump on this offer immediately, good things like this don’t often last too long.
In case you missed it earlier, here is the link which will earn you and I $50 on top of the $500 bonus you’ll receive.
Ijaaz has been fascinated by air travel since he was a child, and his goal is to become an airline pilot. Ijaaz’s family enjoys travel and takes a trip at least every couple years. His first trip to Asia was for a family wedding in 2015, when they visited Thailand and Hong Kong. Ijaaz was hooked at this point, and has since returned to Hong Kong at least a dozen times. He applied for his first credit card right after his 19th birthday, and has been in the points game ever since. His travels have taken him to over 30 countries all over the globe, and he is known to book flights last minute to new and interesting destinations.