[CO, Superior In Branch] Blue Federal Credit Union $400 Checking Bonus

Update 1/10/24: Deal is back, this time a $400 bonus.

Offer at a glance

• Maximum bonus amount: $400
• Availability: 400 Center Drive | Superior, CO 80027
• Direct deposit required: Yes, $500+ within 90 days
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Yes. They are also sensitive
• Credit card funding: Up to $3,000+
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: Offer valid in-branch at Superior Marketplace location 1/20/23 – 3/21/23 only

The Offer

Direct link to offer

• Blue Federal Credit Union is offering a $300 bonus when you open a new checking account at their Superior Marketplace location and complete the following requirements:
  • Direct Deposit of $500 per month must be applied within 90 days of opening for reward to be issued
  • Enroll in eStatements

The Fine Print

• $300 new membership benefit eligible to members who have not held a Blue membership within the previous 12 months.
• Minimum $500 aggregate direct deposit per month must be credited to a checking account in the first 90 days of membership and accounts must be maintained in good standing through the qualifying period for benefit eligibility.
• Qualifying membership accounts will receive the $300 benefit in the calendar month following the 90th day of membership.
• Must be enrolled in e-statements.
• Member is responsible for any tax liability. Subject to change.
• Offers may not be combined with other, same product offers.
• Limit one bonus per social security number.
• 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 fees.

They have a  high interest accounts that qualify for this bonus as well:

• Blue Federal Credit Union 3.5% APY Account (Up To $15,000)

Early Account Termination Fee

Unsure if there are any early account termination fees.

Our Verdict

Obviously very location restricted and a similar $300 bonus was available in all of CO & WY recently. I doubt you can do the online credit card funding so maybe just wait for the online offer to return at $300.

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