ReportWire

Connexus Credit Union $300 Checking Bonus – Doctor Of Credit

Written by

ReportWire

in

[ad_1]

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Anybody can join by joining the Connexus Association and paying a $5 one time donation. If you live in select counties in MN, NH, OH, WI then you can join for free
  • Direct deposit required: Yes, $500
  • Additional requirements: See below
  • Hard/soft pull: All recent datapoints say soft pull
  • ChexSystems: Unknown
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None
  • Expiration date: 11/09/2025

The Offer

Direct link to offer

  • Connexus Credit Union is offering a bonus of $300 when you open a new new Xtraordinary Checking Account with promo code XTRABONUS. Meet the Xtraordinary Checking Account requirements for two months (doesn’t need to be consecutive) within 120 days of account opening:
    • Make 15 debit card purchases or accumulate $500 in debit card spending
    • Subscribe to eStatements
    • Make one monthly deposit of at least $500 from either a direct deposit or an ACH deposit
  • Bonus you receive depends on your average daily balance from the first two monthly periods in which qualifications are met and average them together  
    • Total average daily balances of $999.99 and below will earn $0.00
    • $1,000 – $4,999.99 will earn $100;
    • $5,000-$9,999.99 will earn $200;
    • $10,000 and over will earn $300

The Fine Print

  • Offer is valid for individuals who open an Xtraordinary Checking Account between 09/08/2025 and 11/09/2025.
  • Offer is not valid for existing Connexus members with any type of Connexus Checking Account currently open or any current or former members with a Connexus Checking Account closed on or after 7/1/2025.
  • Offer is limited to one bonus per primary owner and is subject to change or termination without notice.
  • ​To qualify for the bonus, you must use Promo Code XTRABONUS at time of application and meet the Xtraordinary Checking Account requirements listed above in the 5.00% Annual Percentage Yield disclosure 1 for two month-end periods within 120 days of account opening.
  • Monthly periods are based on calendar months; the last day of the month must fall within 120 days of account opening to count toward bonus qualifications.
  • Determining your bonus: Connexus will take the average daily balance from the first two monthly periods in which qualifications are met and average them together. Total average daily balances of $999.99 and below will earn $0.00; $1,000 – $4,999.99 will earn $100; $5,000-$9,999.99 will earn $200; and $10,000 and over will earn $300. The bonus is subject to income tax reporting and will be credited to your account within 10 business days of the month-end following bonus qualifications being met. The Xtraordinary Checking Account must be open at the time the bonus is credited.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about. 

Early Account Termination Fee

I wasn’t able to find an early account termination fee in the fee schedule

Our Verdict

We saw a $200 bonus last year with no direct deposit required. This bonus does require a high balance but at least you earn 5% APY when meeting the requirements for the bonus anyway. You are eligible if you’ve had an account before but can’t have had or closed an account as of 7/1/2025. We will add this to our list of the best bank account bonuses. 

Hat tip to reader Eric

Useful posts regarding bank bonuses:

[ad_2]

William Charles

Source link

More posts