[MD only] APGFCU $100/$200 Checking Bonus

Update 9/10/22: There is a $200 bonus for teachers and school staff.

Offer at a glance

• Maximum bonus amount: $100
• Availability: You must live, work, worship, attend school, or volunteer in Harford or Cecil County or certain areas in Middle River, Maryland.
• Direct deposit required: Yes, monthly direct deposits totaling at least $200
• Additional requirements: Online banking & statements
• Hard/soft pull: Unknown
• Credit card funding: Unknown 
• Monthly fees: None
• Early account termination fee: Account must be open at time of bonus
• Expiration date: None listed

The Offer

Direct link to offer

• Open a new APG Federal Credit Union personal checking account and receive a $100 sign up bonus when you do the following within 90 days of account opening:
  • Receive a qualifying monthly direct deposit totaling at least $200
  • Establish Online Banking with Online Statements

The Fine Print

• Offer is for new members only.
• A qualifying Direct Deposit is an electronic credit of your salary, pension, Social Security or other regular monthly income deposited to your account by your employer or an outside agency. Transactions that do not qualify as a Direct Deposit include, but are not limited to, transfers from one account to another, deposits from an internet payment service and deposits made at an ATM.  Checking account must remain open and all accounts associated with the membership must be in good standing to receive the bonus.
• If you meet all the terms of this promotion, the bonus will be credited to your checking account on the 1st business day following the end of the 90-day Qualification Period.
• Limit one bonus per member.
• Fees may apply for early closure of checking account.
• Offer may be extended, modified or discontinued at any time without prior notice at the credit union’s discretion. Any applicable taxes are the responsibility of the recipient.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

They offer a free checking account with no monthly minimums or fees. There is also a $15 early account termination fee charged if the account is closed within 60 days, but keep in mind it needs to be open and in good standing to get the bonus.

Our Verdict

We don’t know whether it’s a hard or soft pull or if you can fund with a credit card, so can’t really comment on whether it’s a good or bad deal at this stage. If you have any other data points then please share them in the comments below. As always, a list of the best bonuses can be found here.

Big thanks to reader, David who let us know. Please consider sharing bank bonuses with this site so we can make it even better.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• 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