Update 8/24/24: Deal is back and valid until November 1, 2024.
Update 5/25/24: Deal is back, there is also a $200 savings bonus now as well. Valid until August 2, 2024.
Offer at a glance
Maximum bonus amount: $300
Availability: Restricted to the following FL counties: Brevard, Polk, Osceola, Volusia, Orange, Indian River
Direct deposit required: Yes, $2,500+
Additional requirements: See below
Hard/soft pull: Hard pull
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Unknown
Household limit: None
Expiration date: April 26, 2024
The Offer
Community Credit Union Florida is offering a $300 checking bonus when the following requirements are met:
Open a new checking account with CCU Florida with promo code MK-$300Checking
Deposit $1,500 within 60 days of account opening.
Establish a monthly direct deposit of at least $1,500 for the next 90 days.
Sign up for free eStatements.
There is also a $200 savings bonus when the following requirements are met:
Open a new savings account with CCU Florida with promo code MK-$300Checking
Deposit a total of $15,000 or more into the new CCU Florida Share Savings account within 30 days of account opening.
Maintain a balance of $15,000 or more for 90 days.
Available for Membership Share Savings and Premium Share Savings only.
The Fine Print
The promotional code MK-$300Checking must be mentioned at time of account opening or entered as a promo code in the online application when applying online.
Checking offer is not available to existing CCU Florida checking account holders or those who have closed an account within the past 12 months.
Savings offer is not available to existing CCU Florida savings account holders and requires a new checking account be established to receive the savings bonus.
To receive the checking bonus, you must: 1) Open a new CCU Florida checking account, which is subject to approval; 2) Establish a monthly direct deposit of $2,500 or more into your account within 60 days of account opening and continue the monthly direct deposit of $2,500 or more into your account for 90 days. Direct deposit needs to be an electronic deposit of a paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Transferring money from an outside account or using a person-to-person transfer through a service such as Zelle® are not considered a direct deposit; Incentive payout will be posted by the 5th of the month, following the 90 days after meeting the above requirements.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Free checking plus has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find the fee schedule to check for an EATF.
Our Verdict
Better than the previous $100/$125 bonus. It’s a shame it’s a hard pull but that is less of an issue for most people these days so we will add it to the best bank account bonus page.
Useful posts regarding bank bonuses:
A Beginners Guide To Bank Account Bonuses
Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
PSA: Don’t Call The Bank
Introduction To ChexSystems
Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
What Banks & Credit Unions Do/Don’t Pull ChexSystems?
How To Use Our Direct Deposit Page For Bank Bonuses Page
Common Bank Bonus Misconceptions + Why You Should Give Them A Go
How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
Affiliate Links & Bank Bonuses – We Won’t Be Using Them
Complete List Of Ways To Close Bank Accounts At Each Bank
Banks That Allow/Don’t Allow Out Of State Checking Applications
Bank Bonus Posting Times