[Expired] Connexus Credit Union $300 Checking Bonus, Direct Deposit Not Required

Offer at a glance

Maximum bonus amount: $300
Availability: Anybody can join by joining the Connexus Association and paying a $5 one time donation. If you live in select counties in MN, IL, OH, WI then you can join for free
Direct deposit required: Yes, $500 OR ACH deposit
Additional requirements: See below
Hard/soft pull: All recent datapoints say soft pull
ChexSystems: Unknown
Credit card funding: None
Monthly fees: None
Early account termination fee: None
Household limit: None
Expiration date: 11/09/2025

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
- 3.1 Monthly Fees
- 3.2 Early Account Termination Fee
4 Our Verdict

The Offer

Direct link to offer

Connexus Credit Union is offering a bonus of $300 when you open a new new Xtraordinary Checking Account with promo code XTRABONUS. Meet the Xtraordinary Checking Account requirements for two months (doesn’t need to be consecutive) within 120 days of account opening:
- Make 15 debit card purchases or accumulate $500 in debit card spending
- Subscribe to eStatements
- Make one monthly deposit of at least $500 from either a direct deposit or an ACH deposit
Bonus you receive depends on your average daily balance from the first two monthly periods in which qualifications are met and average them together
- Total average daily balances of $999.99 and below will earn $0.00
- $1,000 – $4,999.99 will earn $100;
- $5,000-$9,999.99 will earn $200;
- $10,000 and over will earn $300

The Fine Print

Offer is valid for individuals who open an Xtraordinary Checking Account between 09/08/2025 and 11/09/2025.
Offer is not valid for existing Connexus members with any type of Connexus Checking Account currently open or any current or former members with a Connexus Checking Account closed on or after 7/1/2025.
Offer is limited to one bonus per primary owner and is subject to change or termination without notice.
To qualify for the bonus, you must use Promo Code XTRABONUS at time of application and meet the Xtraordinary Checking Account requirements listed above in the 5.00% Annual Percentage Yield disclosure 1 for two month-end periods within 120 days of account opening.
Monthly periods are based on calendar months; the last day of the month must fall within 120 days of account opening to count toward bonus qualifications.
Determining your bonus: Connexus will take the average daily balance from the first two monthly periods in which qualifications are met and average them together. Total average daily balances of $999.99 and below will earn $0.00; $1,000 – $4,999.99 will earn $100; $5,000-$9,999.99 will earn $200; and $10,000 and over will earn $300. The bonus is subject to income tax reporting and will be credited to your account within 10 business days of the month-end following bonus qualifications being met. The Xtraordinary Checking Account must be open at the time the bonus is credited.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

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

Our Verdict

We saw a $200 bonus last year with no direct deposit required. This bonus does require a high balance but at least you earn 5% APY when meeting the requirements for the bonus anyway. You are eligible if you’ve had an account before but can’t have had or closed an account as of 7/1/2025. We will add this to our list of the best bank account bonuses.

Hat tip to reader Eric

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