Score $330 with Kitsap Credit Union's Peak Checking Offer – Here's How

If you live, work, worship, or go to school in Washington state, Kitsap Credit Union is offering a sweet $330 bonus for opening a new Peak Checking account. This is a big jump from their previous $150 offer, and the requirements are pretty straightforward. Let's break down what you need to do to get that cash.

What You Need to Do for the $330

First things first: you need to open a Peak Checking account online between July 1 and August 31, 2026. When you apply, use the promo code '330peak' (or any code that starts with '330'). Then, within 90 days of opening the account, you have to complete two steps.

• Enroll in eStatements – this is free and just means you get your statements electronically.
• Receive two separate qualifying ACH direct deposits, each for more than $330. These can't be account funding deposits, internal transfers, or P2P transfers like Zelle, CashApp, PayPal, or Venmo. Basically, they need to come from an employer, payroll provider, or another legitimate source.

The Fine Print You Should Know

Kitsap Credit Union is pretty clear about what doesn't count. Transfers between your own accounts, or payments from services like Zelle and Venmo, won't work for the direct deposit requirement. Also, if you've had a Peak Account in the last 12 months or already got a bonus on one, you're out of luck. Only one bonus per member, and your account needs to stay in good standing – closing it within 90 days could mean losing the bonus.

No Monthly Fees and a Decent APY

One of the best parts? There are no monthly maintenance fees on this account. Plus, if you meet the monthly qualifications (12 debit/credit card purchases, eStatements, and a direct deposit or outgoing ACH), you can earn 3.30% APY on balances up to $15,000. That's a nice bonus on top of the $330.

A Few Things to Watch Out For

While the bonus is generous, there are a couple of gotchas. The early account termination fee isn't clearly stated, but closing the account within 90 days could forfeit the bonus. Also, the bonus is considered taxable income – you'll get a 1099-INT from the credit union. And remember, only Washington state residents or those who work, worship, or attend school there are eligible.

Bottom Line

• Open a Peak Checking account online with promo code '330peak' by August 31, 2026.
• Enroll in eStatements and make two separate direct deposits of $330+ each within 90 days.
• No monthly fees, a soft pull on your credit, and you can fund the account with up to $500 via credit card.
• The bonus is taxable, and closing early may forfeit the offer.

Common Questions