Update 3/29/25: Extended to December 31, 2025
Update 11/2/24: Deal is back and valid until March 28, 2025
Update 8/24/24: Deal is back and valid until November 1, 2024.
Update 5/25/24: Deal is back, there is also a $200 savings bonus now as well. Valid until August 2, 2024.
Offer at a glance
- Maximum bonus amount: $300
- Availability: Restricted to the following FL counties: Brevard, Polk, Osceola, Volusia, Orange, Indian River
- Direct deposit required: Yes, $2,500+
- Additional requirements: See below
- Hard/soft pull: Hard pull
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: April 26, 2024
Contents
The Offer
- Community Credit Union Florida is offering a $300 checking bonus when the following requirements are met:
- Open a new checking account with CCU Florida with promo code MK-$300Checking
- Deposit $1,500 within 60 days of account opening.
- Establish a monthly direct deposit of at least $1,500 for the next 90 days.
- Sign up for free eStatements.
- There is also a $200 savings bonus when the following requirements are met:
- Open a new savings account with CCU Florida with promo code MK-$300Checking
- Deposit a total of $15,000 or more into the new CCU Florida Share Savings account within 30 days of account opening.
- Maintain a balance of $15,000 or more for 90 days.
- Available for Membership Share Savings and Premium Share Savings only.
The Fine Print
- The promotional code MK-$300Checking must be mentioned at time of account opening or entered as a promo code in the online application when applying online.
- Checking offer is not available to existing CCU Florida checking account holders or those who have closed an account within the past 12 months.
- Savings offer is not available to existing CCU Florida savings account holders and requires a new checking account be established to receive the savings bonus.
- To receive the checking bonus, you must: 1) Open a new CCU Florida checking account, which is subject to approval; 2) Establish a monthly direct deposit of $2,500 or more into your account within 60 days of account opening and continue the monthly direct deposit of $2,500 or more into your account for 90 days. Direct deposit needs to be an electronic deposit of a paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Transferring money from an outside account or using a person-to-person transfer through a service such as Zelle® are not considered a direct deposit; Incentive payout will be posted by the 5th of the month, following the 90 days after meeting the above requirements.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Free checking plus has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find the fee schedule to check for an EATF.
Our Verdict
Better than the previous $100/$125 bonus. It’s a shame it’s a hard pull but that is less of an issue for most people these days so we will add it to the best bank account bonus page.
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
Anyone approved out of county?
I tried last round, I work in Orange but live in Seminole. They wanted pay stubs that had my companies address on it showing it was located in Orange county. I work for a major corporation that’s located in CT, I just get routed in Orange county. Was a no go lol
I’m in a similar boat, live in Seminole but “work” in Orange even though it’s technically remote and for a national company headquartered elsewhere. I was denied for the same reason when I applied a year or two ago, but was approved this time and nobody even contacted me about my residence being in Seminole. So go figure. Maybe they’re not auditing the eligibility as heavily, although could be something that comes back to bite me if they try to close my accounts and deny the bonus. My paystubs do have an Orange County address so I don’t see how this wouldn’t meet the membership requirements, I just didn’t bother trying to argue the point and send those over to them the previous time I applied. Plenty of other SUBs out there.
Experian hard pull
Chex hard pull
ABATE of Florida member
OOS (Do not live in Florida)
Denied – Must live in Florida
Way to take one for the team 💪🏻
Opened 6/10.
1505 deposit from Fidelity brokerage account July, Aug, Sept, Oct, Nov.
Still no bonus as of Jan 3. Confirmed with a phone rep back in June the promo code was applied and the terms were 1,500 per month.
No idea when payout is supposed to be. Wording makes no sense. Hopefully payout comes through, otherwise I wasted a credit pull.
Any successfull DPs on what triggers DD?
Literally I just use chase business for all my dd’s unless there are confirmed dp’s from a standard ach
Looks like the deal back on until Nov 1, 2024
did the savings bonus amount change? It says 15k here though now it says 25k on their website
Is this a hard pull?
Did anyone else get a decline saying they weren’t able to verify your identity?
Applied online from south Florida. Declined and told to come in to branch to verify the work/worship eligibility. Second time declined for this asking for proof.
Hard pull and decline is no fun. That and lack of DPs has kept me from going forward with the application.
Can anyone decipher the fine print on this offer? How long for it to pay out?
“Incentive payout will be posted by the 5th of the month, following the 90 days after meeting the above requirements.”
So if you met the reqs at the end of Aug, you have to wait 90 days for the payout meaning the bonus would be posted between dec 1st-5th. That’s how it seems to be to me atleast
Yeah it’s worded pretty wonky. I was thinking it could be like you’re saying or just the 5th of the month after the 90 days, so September 5th in your example. IRDK