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Terms:
1) McGraw-Hill Federal Credit Union will rebate any domestic ATM surcharges incurred by the S3 account holder from other financial institutions outside the credit union's no-surcharge network - up to $5 of domestic ATM surcharges each monthly statement cycle. The rebate will be deposited into your S3 account at the end of your statement cycle. Applies to all surcharges received by 5 p.m. EST on the last business day of the month. Minimum direct deposit requirement must be met in order to receive the ATM rebate.
2) APY = Annual Percentage Yield. Rate is subject to change at any time and requires a minimum monthly direct deposit amount of your choosing into your McGraw-Hill FCU S3 account. Balances that exceed $250,000 will earn 0.15 APY. Accounts not meeting the direct deposit requirement for the month will earn 0% APY for that statement cycle and will not be eligible for ATM surcharge rebates or 50 basis point loan discount. Fees may reduce earnings. National average claim reflects 'Interest Checking' accounts with a deposit of less than $100,000. Comparative APY of 0.06% is effective August 28, 2012, is subject to change at any time, and was obtained from fdic.gov.
3) To qualify for this payout, you must open a new McGraw-Hill FCU S3 account and add a new qualifying monthly direct deposit within 60 calendar days of account opening. This offer does not apply to members who currently have direct deposit into an existing McGraw-Hill FCU account. Limit one $50 incentive per member. The $50 incentive will be deposited to your S3 account by the end of the month following the month in which your first direct deposit is received. This offer is valid on new direct deposit relationships only. Bonus example: the total amount paid by the credit union for a deposit of $1,000 is the same as if the account earned 6.00% interest for the first year. Bonus applies as follows: $50 bonus + 1.00% APY over year one = 6.00% effective interest rate. S3 account details, and this offer are subject to change or termination at any time in the credit union's sole discretion without notice.
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$50 nationwide bonus for a checking account.
Other sign-up bonuses
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