Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â MI
- Direct deposit required: Yes
- Additional requirements:Â See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Can fund up to $500 with a credit card
- Monthly fees:Â $5.95, avoidable
- Early account termination fee:Â None
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- Community Choice Credit Union is offering a bonus of $100 when you open a new checking account. Bonus is broken down as follows:
- Get $50 when you open a new Choice checking account with promo code NewMover50
- Get an additional $50 bonus when you have a choice checking account or a qualifying direct deposit
The Fine Print
- Incentive will be paid via deposit into the checking account of the qualifying new member on the first Monday following 30 days of membership.
- Bonus payout will be paid via deposit into the checking account of the qualifying new member on the first Monday following 60 days of membership with a Choice Checking account or a qualifying aggregate deposit of at least $300 every 35 days.
- This offer is subject to change and could be discontinued at any time.
- Promo code: NewMover50.
- Federally insured by NCUA.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Basic checking account has no monthly fee and the choice checking account has a $5.95 monthly fee that cannot be waived.
Early Account Termination Fee
I wasn’t able to find any early account termination fee in the fee schedule.
Our Verdict
Direct deposit isn’t technically required but if you don’t do that you need to pay the $5.95 monthly fee that can’t be waived. Pretty small offer but still worth doing for some.
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
Bonus reduced to $50
Adding data points
1. $500 of CC funding – it worked on the Ink Unlimited. My US Bank Triple Cash would not process
2. No hard pull
3. Didn’t see a field to enter a promo code
4. App says instant approval but looks like the CU still needs to verify/approve me before I can log in