Offer at a glance
Maximum bonus amount: $300
Availability: MI only
Direct deposit required: $1,000+ for two months
Additional requirements: Use promo code
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Unknown
Household limit: None listed
Expiration date: None listed
The Offer
Financial Plus Credit Union is offering a $300 checking bonus when you open a new checking account and complete the following requirements:
Use promo code winter24
Have a minimum direct deposit of $1,000 for two consecutive months
The Fine Print
Must be new checking relationship.
Receive $300 incentive when you open a new checking account (no minimum balance requirement) with a minimum direct deposit of $1,000 for two consecutive months. Receive $150 incentive when you open a new checking account (no minimum balance requirement) with a minimum direct deposit of $500 for two consecutive months.
Incentive deposited within 30 days of meeting direct deposit requirement.
Cannot be combined with any other offer.
Subject to 1099-MISC. Restrictions apply. See credit union for details.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Elite checking has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule, unsure if there is any EATF.
Our Verdict
Need to know if this is a hard or soft pull.
Hat tip to Mrs. Gee
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
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