[MD, Baltimore City] MECU Credit Union $200 Checking Bonus


Update 4/23/22: Deal is back and now $200. Hat tip to Lopeza101

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Anyone who lives, works, worships or attends school in Baltimore City
  • Direct deposit required: Yes, $500+ for two consecutive months
  • Additional requirements: See below
  • Hard/soft pull: Hard pull
  • ChexSystems: Unknown, not sensitive
  • Credit card funding: Unknown 
  • Monthly fees: None
  • Early account termination fee: Six months, bonus forfeit
  • Household limit: None listed
  • Expiration date: October 31st, 2019 May 25, 2022

The Offer

Direct link to offer

  • MECU Credit Union is offering a bonus of $200 when you open a new checking account and complete the following requirements for two consecutive months after account opening:
    • Set up and receive direct deposits totaling $400 or more
    • Make 12 or more debit card purchases
    • Opt in to paperless eStatements


The Fine Print

  • This offer is valid for new consumer CashBack Checking and RewardChecking accounts. This offer is intended for new checking members only. You are not eligible for this offer if you are a current owner of a MECU consumer checking account as of June 20, 2019.  Business and Fiduciary accounts are not eligible for this offer.
  • To receive a $150 bonus, open a new, eligible MECU consumer checking account with a minimum opening deposit of $25 by October 31, 2019. All account applications are subject to approval. For two consecutive months after account opening, complete the following qualifying activities: 1) receive a cumulative monthly total of $500 or more in qualifying direct deposits to the checking account; 2) complete 12 or more debit card purchases; and 3) enroll in paperless e-Statements. A qualifying direct deposit is the member’s salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) by your employer or third party.
  • We will deposit the bonus into your new checking account within 30 days after meeting all offer requirements. The new checking account must remain open with a balance of $1 or more to receive any earned bonus payments. You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law. Consult your tax advisor.
  • If the checking account is closed within six months of account opening, MECU reserves the right to deduct the bonus from the account at the time of closing. Offer is non-transferable and cannot be combined with other offers. This offer is subject to change and may be discontinued at any time without prior notice. Membership eligibility required. Other restrictions may apply.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Neither account has any monthly fee to worry about

Early Account Termination Fee

Bonus needs to be kept open for six months otherwise bonus will be forfeit

Our Verdict

We need to know if it’s a hard or soft pull to open before determining if this worth doing or not. If anybody goes for this bonus then share your experiences in the comments below.

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