Offer at a glance
- Maximum bonus amount: $100
- Availability: Michigan only, maybe nationwide?
- Direct deposit required: Yes, $1,000+
- Additional requirements: None
- Hard/soft pull: Soft pull
- ChexSystems: Unknown, sensitive
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: December 10, 2023
The Offer
- MSU Federal Credit Union is offering a $100 checking bonus when you open a new checking account and complete the following requirements:
- Receive a direct deposit of $1,000+ within the first 90 days
The Fine Print
- Offer valid 10/10/23 to 12/10/23.
- Member must set up direct deposit with their existing checking account and must have three consecutive electronic deposits each with a minimum deposit of $1000 in aggregate which remain in the account for at least 90 days.
- First direct deposit must be set up and deposited into your MSUFCU checking account by 12/10/23.
- Bonus of $100 will be deposited to the member’s savings account within 90 days of promotion end date.
- Not valid for funds already on deposit with MSUFCU.
- Offers cannot be combined.
- Bonus may be taxable and reported on an IRS Form. Federally insured by the NCUA.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Totally green checking account has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any early account termination fee or not.
Our Verdict
There was a $250 bonus last year. Because of that probably better to just wait to see if a bigger bonus returns.
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