Offer at a glance
- Maximum bonus amount: $150
- Availability: Valid for permanent Illinois residents only
- Direct deposit required: None
- Additional requirements: None
- Hard/soft pull: Soft pull
- ChexSystems: Unknown, sensitive
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: 12/31/25
Contents
The Offer
- MSU Federal Credit Union is offering a $150 bonus when you open a new checking account (no other requirements for bonus)
- You can also get a $25 bonus when you open a 1-Year Add-On Certificate with $100
The Fine Print
- To receive $150 bonus, member must open any MSUFCU checking account. Bonus of $150 will be deposited to the member’s Spartan Saver within 90 days after promotion end date.
- Not valid for members with existing or previously closed checking accounts.
- Not valid for Business or Youth accounts.
- Valid for permanent Illinois residents only.
- Offer cannot be combined with any other checking offers.
- One checking bonus per member.
- Bonus may be taxable and reported on an IRS Form 1099-MISC or 1099-INT, if applicable.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Totally green checking has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any early account termination fee or not.
Our Verdict
Previously this was a $250 + $250 bonus but only available in MI and also required a direct deposit. Given that this has no requirements I do think it’s worth doing.
Hat tip to reader Bockrr
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
