[MN] Members Cooperative Credit Union $250 Checking Bonus

Offer at a glance

• Maximum bonus amount: $250
• Availability: Must You live, work, worship or attend school within Aitkin, Carlton, Chisago, Cook, Isanti, Itasca, Kanabec, Koochiching, Lake, Pine, St. Louis, or Washington Counties
• 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 250BONUS
  • 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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