Offer at a glance
- Maximum bonus amount: $200
- Availability: Open to anybody wholives, works, or attends school in one of the following counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St Lucie or Volusia
- Direct deposit required: None
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: $19.95, avoidable
- Early account termination fee: $10 if closed within 6 months
- Household limit: None listed
- Expiration date:
Contents
The Offer
- Community First Credit Union is offering a bonus of $200 when you open a new connections business checking account and complete the following requirements:
- None
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Connections Business Checking $19.95 Monthly Fee ($200 Bonus)
Waived if you do any of the following:
- 25 monthly debit card transactions or
- a combined average of $10,000 in business deposit balances (shares, money markets, CDs) or
- have a combined business loan of at least $50,000
Premier Business Checking $12.95 Monthly Fee
Waived with $5,000 average monthly balance to avoid monthly fee.
Early Account Termination Fee
I wasn’t able to find the full fee schedule so I’m unsure if there are any early account termination fees
Our Verdict
Previous bonus was $125, so this is an extra $75. Really nice bonus as there are no bonus requirements, you only need to worry about keeping the account fee free and that isn’t too difficult although you’ll need to do 25 monthly debit card transactions so that is a little bit annoying. Still worth doing if you live in the area and it turns out to be a soft pull to open the account. If anybody decides to go for this bonus, please share your experiences in the comments below.
Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.
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?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
the link goes to a page where you basically just give your contact information and they reach out to you. I followed up with their e-mail and called, but you have to go in to a branch to apply.
Doesn’t work for me…was using my parents address 😉
Why did you list “ST LUCIE” County? It is NOT on the dropdown list. ???
Not sure where I found that list, I’l’ remove St Lucie.
St Lucie is listed on the link page under “Membership is open to…” at the bottom.
Ah, let me readd lol
Gonna be in FL 3 times this year and Nassau once. Does this qualify me as “living there” so I can sign up?