Posted by William Charles on August 4, 2019
Bank Account Bonuses

Published on August 4th, 2019 | by William Charles

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[Expired] [KS, MO] Mazuma Credit Union $200 Checking Bonus

Deal has expired, view more checking bonuses by clicking here.

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Must live or work in Jackson, Clay or Cass counties in Missouri or live or work in Johnson or Wyandotte counties in Kansas
  • Direct deposit required: Yes, no minimum specified
  • Additional requirements:
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: Up to $5,000
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None listed
  • Expiration date: September 30th, 2019

The Offer

Direct link to offer

  • Mazuma Credit Union is offering a bonus of $200 when you open a new checking account and complete the following requirements:
    • Make 20 point of sale transactions within 60 days of account opening
    • Be enrolled in eStatements
    • Have a monthly direct deposit within 60 days of account opening

The Fine Print

  • Offer valid for accounts opened between July 1st, 2019 and September 30th, 2019.
  • Limit one account per person.
  • Offer is subject to change without notice. Valid for new Members and current Members without a checking account.
  • Requires new checking relationship with the Credit Union (those with existing checking accounts do not qualify).
  • $200 Bonus – Checking Account Bonus Requirements: The Member must open the checking account by September 30th, 2019.
  • Within 60 days from account opening the Member must make 20 point of sale transactions,
  • Membership account number tied to the checking account must be enrolled in e-Statements, and have a monthly direct deposit posted to one deposit-suffix.
  • $200 will be deposited into the checking account within 30 days of meeting the qualifications.
  • Membership eligibility required. Business, IRA, Minor, Trust, Custodial, and Representative Payee accounts are not eligible for this promotion.
  • All bonus payments will be reported to the Internal Revenue Service as interest income in the year they are paid. All checking Truth-in-Savings disclosures still apply. Federally insured by NCUA.

Avoiding Fees

Monthly Fees

The classic checking account has no monthly fees to worry about.

Early Account Termination Fee

According to the fee schedule there is no early account termination fee.

Our Verdict

Last year they offered a bonus of $123 but with the same requirements. This $200 bonus is obviously better. I will be adding this to the best checking bonuses as the requirements are fairly easy to meet and you can fund a nice amount with a credit card as well.

Hat tip to reader Brulagazer

Useful posts regarding bank bonuses:



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ben
ben

What counts as a dd with this bank? I did limited research on this bank and there is not alot of info. I’m doing several bank promos that might count for a dd
I’m doing a usbank cash promo. Will this credit card funding count as a purchase and push me over my spending threshold?

ben
ben

Tried to sign up and use my usbank cash cc and it did not go through. Switched to a bank transfer to fund account and it timed out

beat2def
beat2def

Tried my US Bank Business Cash credit card and it was declined. I was hoping it was like Chase in that I had to let them know of a big purchase but that’s not the case (called the a representative.)

DP: U.S. Bank Business Cash CC doesn’t work to fund Mazuma.

Curmudgeon
Curmudgeon

Once the checking account is opened, you can go back and open a savings and money market online (do on separate transactions) and fund each with $5000 as well. This is an easy $15k in credit card spending.

Also, when I did this bonus last year, Amazon reloads worked for the debit requirement.

Lc
Lc

That’s amazing. Too bad it’s not really KS and MO it’s select counties in each of those states.

Curmudgeon
Curmudgeon

Need to correct this. You open the savings & checking at the same time, but can still fund $5k each, so $10k in one shot.

Beat2def
Beat2def

A customer service rep told me that I’m not eligible for the bonus (or anyone) since I’ve had a checking account in the past. I haven’t had one in probably six months. I’m going to try a different branch.

Curmudgeon
Curmudgeon

I’m not so sure about that. The terms from their website state:

“Valid for new Members and current Members without a checking account.”

If you don’t have any current accounts, you should qualify as a new member. If they claim you are a current member because you had accounts in the past, then you should qualify as a current member without a checking account.

There’s nothing that says previous members don’t qualify or someone who previously got a bonus doesn’t qualify, so I think you’d have a chance.

beat2def
beat2def

I signed up today at a different branch. This customer service rep didn’t mention anything about me not being eligible. I haven’t been able to open an account online (so I can use my credit card) so I went into the branch. I’m hoping now that I’m a member, I can open up a money market account. Wish me luck.

Curmudgeon
Curmudgeon

Well, the good news is that the bonus will probably post the same day you meet the qualifications, so you’ll know pretty quick and won’t have to wait around to find out.

They do have the money market as well as several CD options for new accounts. I’ve funded the MM with $5k, but haven’t done any of the CDs.

Good luck!

Ricardo
Ricardo

Does anyone know if Uber and Lyft deposits work? They show up as “Visa Direct” when I get paid out.

ben
ben

No data points – there is limited info on what counts as a direct deposit. I’m going with ally and 360

ben
ben

Can this promo be opened in person at a branch?

Curmudgeon
Curmudgeon

Did you read the terms on their website?

Kyle
Kyle

Funded checking and savings $5,000 each with CSR; currently showing $10,000 pending charge on Chase and I have cash advance limit set to $100. It went thru on Mazuma and they will reach out soon to finalize account setup.

Kyle
Kyle

Citi DC also works. Funded 5k each account with cash advance limit set to 0.

Teri
Teri

I funded $5k each savings and checking with Citi DC with no issue; however, having a heck of a time paying Citi DC back using Mazuma.

Kyle
Kyle

8/6 – opened checking + savings w/ $5,000 each on CSR
8/16 – $10 DD from employer
8/16-8/19 – 20 debit card transactions
8/22 – bonus posted
8/22 – opened money market account w/ $5,000 on CFU

Have had a bill pay marked as fraud and external transfers were shut down, but think it’s resolved now; you can only transfer out $2,500 (push or pull) at a time, which takes about 5 days to clear before you can start the next one. Worst case, I’ll go to branch and withdraw in person.

ben
ben

Anyone do any research on how much the minium purchase for the 20 debit card purchases have to be for?

Curmudgeon
Curmudgeon

Yes, of course. You could too, but your multiple posts on this page alone indicate you are unwilling to do any work whatsoever and just want answers handed to you, so I’m not going to answer your question.

ben
ben

lol… i have been doing local bank promos on my own for 13 years. I have been doing banking promos found from slickdeals for 8 years. I have been doing banking promos from this site for 4 years. None of these promos have i funded with a debit/credit card. I have called c/s on one bank promo and got flagged for asking the wrong question. I try to avoid asking c/s on anything.
I commonly make small advance payments and reload my amazon balance with 2.50-5.00 purchases. My question was if i needed to go over $5 on my debit card to hit the min needed.

Curmudgeon
Curmudgeon

I couldn’t do this bonus since I never closed my account the last time they had one, so I opened one for my spouse. DPs:

Opened 8/5: Funded $10k on Cap One spark 2% card, posted as purchase
debits: $0.50 Amazon reloads x 20 on 8/22
DD: payroll DD on 8/23
Bonus posted 8/23 to savings account

I’ll hit up the money market for another $5k spending (effective $100 bonus), then draw down balance and let it sit for a while, maybe use it for money orders.

Total profit: $200 bonus + $300 credit card cash back = $500. 😀

Thanks DoC!

beat2def
beat2def

I met all the requirements but haven’t received the bonus yet. Ugh. Le sigh. Let’s hope this work.

Curmudgeon
Curmudgeon

Might have to call the bank or CFPB them to get it. Good luck

beat2def
beat2def

Opened account 8/24 with $25 in branch
Completed 20 Amazon reloads at $0.50 each on 9/
Legit DD on 9/26
$200 bonus posted to Savings on 9/27

Easy. Keep it open if you can. No fees. They’ll black list you if you try to churn.

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