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[MN] Topline Financial Credit Union $300 Checking Bonus

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Offer at a glance

  • Maximum bonus amount:
  • Availability: Membership in TopLine Financial Credit Union is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington or Wright counties in Minnesota, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Immediate family members of existing members* are also eligible for membership. 
  • Direct deposit required: Yes, $1,000+ per month for three consecutive months
  • Additional requirements: eStatements
  • Hard/soft pull: Unknown 
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: December 31, 2025

The Offer

Direct link to offer (bonus only mentioned in the terms at bottom)

  • Topline Financial Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements: 
    • Sign up for eStatements at account opening 
    • Receive a $1,000+ direct deposit for three consecutive months

The Fine Print

  • Offer valid to individuals with no prior checking relationship with TopLine Financial Credit Union in the last 12 months.
  • $50 minimum deposit required to open Totally Free Checking account. To qualify for $300 offer, account holder must set up and make a $1,000 direct deposit for 3 consecutive months and sign-up for eStatements from the date the account was opened.
  • Account must remain open for six months.
  • $300 will be deposited to the share savings account approximately four weeks after completion of requirements and will be reported as income on the account holders 1099-MISC.
  • If all requirements are not met, TopLine reserves the right to reclaim the $300.
  • Qualifying direct deposits are electronic deposits of regular periodic payments (such as salary, pension, social security, or other regular monthly income) deposited through the Automated Clearing House (ACH) network to this account by your employer or an outside agency.
  • Direct deposits that do not qualify include but are not limited to transfers from one account to another, electronic payment platforms (i.e., PayPal, Venmo, Zelle, etc.), mobile deposits, or deposits made at a branch or ATM. Account holder responsible for any applicable taxes.
  • To be eligible for the offer, your TopLine account must be open and in good standing at the time of fulfillment.
  • Offer valid through 12/31/25. 
  • 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 a fee schedule so I’m unsure if there is any EATF. 

Our Verdict

Annoying that direct deposit is required for three months. If anybody has experience with this bank please share your experiences in the comments below. 

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William Charles

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