[MI only] Financial Plus Credit Union $300 Checking Bonus

Update 5/10/25: Deal is back.

Offer at a glance

• Maximum bonus amount: $300
• Availability: MI only
• Direct deposit required: $1,000+ for two months
• Additional requirements: Use promo code
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Up to $2,500 debit card funding
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Financial Plus Credit Union is offering a $300 checking bonus when you open a new checking account and complete the following requirements:
  • Use promo code spring25
  • Have a minimum direct deposit of $1,000 for two consecutive months

The Fine Print

• Must be new checking relationship.
• Receive $300 incentive when you open a new checking account (no minimum balance requirement) with a minimum direct deposit of $1,000 for two consecutive months. Receive $150 incentive when you open a new checking account (no minimum balance requirement) with a minimum direct deposit of $500 for two consecutive months.
• Incentive deposited within 30 days of meeting direct deposit requirement.
• Cannot be combined with any other offer.
• Subject to 1099-MISC. Restrictions apply. See credit union for details.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Elite checking has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule, unsure if there is any EATF.

Our Verdict

Need to know if this is a hard or soft pull.

Hat tip to Mrs. Gee

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?
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• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times