PSECU Checking and Savings
Our take
- A solid $300 offer for just two $500 deposits, especially with no monthly fee, but only worth it if you are comfortable opening both checking and savings.
- The slow payout is the biggest drawback — PSECU can take up to 145 days from membership opening, and the bonus may land in the Regular savings share rather than checking.
- Official terms call for payroll deposits and exclude plain ACH transfers, but Ally Bank, Capital One 360 Checking, and Chase Business Checking pushes have reportedly triggered the bonus via ordinary ACH anyway — the Chase Business route carries more fraud-hold risk than the other two, so lead with Ally or Capital One if you have the option.
- Eligibility is unusually strict: anyone who has ever received a PSECU new-member bonus before is permanently disqualified, so treat this as a one-shot opportunity.
Requirements
Apply with promo code 2026PROMO, open at least one PSECU savings account and one checking account, and receive two qualifying payroll direct deposits of $500 or more each into either new account within 100 days of membership establishment. Qualifying deposits must be recurring electronic payments from an employer, Social Security, or a pension; person-to-person transfers and ordinary bank-to-bank ACH transfers do not qualify under the official terms.
Direct deposit methods
Confirmed4
Ally Bank
Standard ACH pushes, including from Ally Savings, have triggered the bonus. The incoming transaction may display as 'ACH Deposit: ALLY BANK' and be categorized as uncategorized.
Capital One 360 Checking
Standard ACH pushes from a personal Capital One checking account have triggered the bonus. Transactions may display as an uncategorized ACH deposit.
Chase Business Checking
Chase Business payroll pushes have triggered the bonus, including deposits sent to the Regular Share account. PSECU has also detected this as non-employer activity and temporarily restricted at least one account, so this method carries meaningful verification risk.
US Bank Checking
Standard ACH pushes from a personal US Bank checking account have triggered the bonus.
Possible5
US Bank Business Checking
US Bank Business payroll pushes were used in a successful attempt alongside Chase Business payroll, so this source was not isolated as the trigger.
Fidelity
Unspecified Fidelity pushes were used in successful attempts alongside other transfer sources, so Fidelity was not isolated as the trigger.
Kraken
Kraken transfers were used in a successful attempt alongside Fidelity, so Kraken was not isolated as the trigger.
Robinhood
Robinhood transfers were used alongside unspecified Schwab transfers in an attempt that reached the bonus-qualified email stage; neither source was isolated.
Charles Schwab
Unspecified Schwab transfers were used in a successful attempt alongside Robinhood, so this source was not isolated as the trigger.