Offer at a glance
- Maximum bonus amount: $100
- Availability: Must open in branch, all branches are found in IN [Branch Locator]
- Direct deposit required: Two deposits (minimum of $200+ required per week required)
- Additional requirements: Five debit card transactions, open account with $100 minimum
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: $10, 90 days
- Expiration date: None listed
- Receive a sign up bonus of $100 when you open a new checking account with Members Source and complete the following requirements:
- Account must be initially opened with a minimum of $100 (no minimum requirements after the account is opened)
- Make a minimum of ten debit card purchases (excludes ATM withdrawals)
- Recurring electronic deposit (must make at least two, must total at least $500 per month)
The Fine Print
- Requirements must be met within 60 days of account opening
- Offer only available to new checking customers, customers who have held a checking account previously are not eligble
- If the requirements are met, bonus will post after 60 days
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
There is no monthly fee on this account, you need to open a share savings account to open a checking account (also no fee) and this has an early account termination fee of $10 if closed within 90 days.
Probably not worth it unless you live super close to a branch and it’s a soft pull, even then there are much better offers out there. If you have any experiences with this bonus then please share them in the comments below.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To 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
The post [IN only] Members Source Credit Union $100 In Branch Checking Bonus appeared first on Doctor Of Credit.