Offer at a glance
Maximum bonus amount: $750
Availability: MI
Direct deposit required: Yes, direct deposit for 3 consecutive months
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: $15, 180 days
Household limit: One
Expiration date: None
The Offer
Community Financial Credit Union is offering a $750 checking bonus when you open a new checking account and complete the following requirements:
$5,000 minimum opening deposit
$5,000 minimum balance for 90 days
Direct deposit for 3 consecutive months
The Fine Print
To receive the $750 bonus, open a new checking account with a minimum balance of $5,000.
No portion of the initial deposit can come from funds that are already on deposit with CFCU.
Entire initial amount deposited at account opening must be funds from a source other than funds you have on deposit with the Credit Union (e.g. funds from an account you hold at another financial institution).
Open only to new checking account holders.
Only one promotion per household.
Minimum balance of $5,000 needed for 90 days with three months of direct deposits.
Bonus provided within 45 days after the initial 90 day requirements.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This is a free checking account has no monthly fees to worry about.
Early Account Termination Fee
According to the fee schedule there is a $15 fee if closed within 180 days.
Our Verdict
Great deal if you’re eligible for an account. If anybody goes for it then please let us know if it’s a hard or soft pull to open.
Hat tip to reader ShawntheShawn
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