[Expired] Wings Financial Credit Union $300 Checking Bonus

Deal has ended, view more bank account bonuses by clicking here.

Offer at a glance

• Maximum bonus amount: $300
• Availability: Nationwide
• Direct deposit required: Yes, $600+
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Yes
• Credit card funding: Can fund up to $500 per account
• Monthly fees: None
• Early account termination fee: None listed
• Household limit: None
• Expiration date: Direct deposit must be received by 8/1/23

The Offer

Direct link to offer

• Wings Financial is offering a $300 bonus when you open a new checking account and complete the following requirements:
  • Set up recurring direct deposit of $600+ to your new checking account.
  • Sign up for eDocuments
  • Shop with your Wings debit card 5 debit transactions, each $25 or more

The Fine Print

• Bonus Requirements and Disclosures: One offer per person; valid for U.S. residents only. Must be 18 years or older. Checking account must be opened between 5/1–5/31/23. Membership with a Share Savings account and $5 minimum opening deposit required. New checking account holders and new recipients only: 1) Cannot have been a Primary Owner of a Wings Financial Credit Union checking account in the last 12 months; 2) Cannot have previously received a new account bonus offer.
• Checking Account Bonus Requirements: Each of the following must be completed using the same checking account within 60 days of account opening:
• 1) Recurring ACH direct deposit(s) totaling at least $600. Qualifying direct deposit is an ACH (Automated Clearing House) automatic electronic deposit of your salary, pension, Social Security or other regular income into your Wings account. Income earned through self-employment or working an IRS-classified “Gig Economy” job do not qualify as direct deposit.
• 2) eDocuments enrollment.
• 3) At least 5 net PIN or signature-based debit card transactions over $25 each.
• Direct deposit and eDocuments must also be active on the bonus payout date. If requirements are met, bonus will be paid on 8/1/23 as a deposit to the Wings checking account; account must be in good standing (positive balance for the last 30 days). Only applicable to personal checking accounts; not available for business, estate, ward, benefit or trust accounts.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

First class checking account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find an early account termination in the fee schedule

Referral Bonus

There is also a $50 referral bonus for both parties. Last time Wings Financial offered a bonus the referral bonus and the main bonus stacked. Do not share your referrals in the comments below, you can share them in this linked posted instead. Some discussion on linking the promotions here.

Our Verdict

Previously there was a $200 bonus that didn’t require a direct deposit or a $300 + $50 bonus that did require a direct deposit. This bonus is worth doing if you can easily complete the direct deposit requirement and don’t mind the hard pull. We will add this to our list of the best checking bonuses.

Hat tip to Bockrr

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?
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