[MN] Members Cooperative Credit Union $200 Checking Bonus

Update 1/18/26: Bonus now reduced to $200.

Offer at a glance

• Maximum bonus amount: $250
• Availability:You live, work, worship or attend school in Aitkin, Anoka, Beltrami, Carlton, Cass, Chisago, Cook, Crow Wing, Isanti, Itasca, Kanabec, Koochiching, Lake, Mille Lacs, Pine, St. Louis, or Washington counties in Minnesota, or Douglas Coun
• Direct deposit required: Yes, $500+
• Additional requirements: None
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Up to $250, Visa & Mastercard only
• Monthly fees: None
• Early account termination fee: None listed
• Household limit: None
• Expiration date: None

The Offer

Direct link to offer

• Members Cooperative Credit Union is offering a $250 checking bonus when you open a new checking account and complete the following requirements:
  • Use promo code 200BONUS
  • Set up direct deposit and deposit at least $500 within 60 days.
  • Use your MCCU debit card (at least once)

The Fine Print

• To be eligible for this promotion the primary applicant must (1) not have been an owner of an MCCU checking account within the 12-month period prior to application; (2) be in good standing if currently a member; (3) be at least 18 years old; and (4) provide the bonus code at the time of account opening.
• To receive the bonus, within 60 days of account opening the new account must have direct deposits totaling $500 or more and one debit card purchase.
• The bonus will be deposited into the new account within 30 days once all requirements are met. Membership required. Additional restrictions and eligibility requirements apply.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

There is a totally free checking account with no monthly fees to worry about.

Early Account Termination Fee

I don’t see any mention of an early account termination fee in the fee schedule.

Our Verdict

Much better than the previous $100 bonus. Please share if it’s a hard or soft pull in the comments below.

Hat tip to Bockrr

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