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Hey awardtrail readers, if you're hanging out in South Carolina or North Carolina, listen up! REV Federal Credit Union is offering a sweet $250 bonus for new checking account customers. To snag the bonus, you'll need to open a new Premier or Bulldog Checking account, set up direct deposits totaling $500 or more within 60 days, enroll in eStatements, and spend at least $500 using your debit card within 60 days and each month after.
Why does this matter? Free money, of course! It's a relatively easy way to pad your travel fund. Just make sure you read the fine print: you need to be a new customer (no accounts in the last 12 months), and they'll freeze the bonus for six months after it's deposited. Also, bank bonuses are considered income, so you'll have to pay taxes on that $250. But hey, free money is free money! They will report it to the IRS. No monthly fees to worry about.
One key thing: they mention that it's unknown if they do a hard or soft pull on your credit. Generally, opening a checking account is a soft pull, but it's always something to keep in mind. Also, they may check ChexSystems, which is like a credit report for bank accounts. Make sure you're in good standing there! If you meet the requirements and can keep the account open for six months, this bonus is definitely worth considering.
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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October 8, 2026, 9:16 PM


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