[MI only] Compass Credit Union $100 Checking Bonus

Update 2/22/25: Available again. Hat tip to ShawntheShawn

Offer at a glance

• Maximum bonus amount: $100
• Availability: MI only
• Direct deposit required: Yes, $250+ monthly 
• Additional requirements: 5 debit card transactions
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: $10, 90 days
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Compass Credit Union is offering a bonus of $100 when you open a new checking account and complete the following requirements within 30 days of account opening:
  • Receive an incoming direct deposit of at least $250 monthly
  • Complete 5 debit card transactions monthly

The Fine Print

• To qualify for the $100 incentive, accounts must complete the following within 30 days of account opening: (1) receive an incoming direct deposit of at least $250 monthly (2) successfully complete 5 debit card transactions monthly.
• This benefit is limited to one per individual member.
• Existing Compass Credit Union checking members are not eligible.
• Access checking and youth accounts are not qualified.
• This offer may expire at any time at credit union discretion.
• If the account is closed within 6 months of opening $100 is forfeited to Compass Credit Union.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The compass free checking account has no monthly fees to worry about.

Early Account Termination Fee

There is a $10 fee if closed within 90 days of account opening according to the fee schedule.

Our Verdict

Need to know if it’s a hard or soft pull to open, if it’s a soft pull then it might be worth doing for those who have done the better checking bonuses available.

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• 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?
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