Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $400
- Availability: MN only, out of state via foundation doesn’t seem to work
- Direct deposit required: $2,000-$7,500+
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: Six months, bonus forfeit
- Household limit: None
- Expiration date: 1/31/26
Contents
The Offer
- SouthPoint Financial Credit Union is offering a $400 bonus when you open a new checking account and complete the following requirements within 90 days of account opening:
- make 30 debit card transactions;
- enroll in online banking, mobile banking & estatements,
- receive $100 cash back with a direct deposit of $2,000+; receive $200 cash back with a direct deposit of $5,000+; receive $400 cash back with a direct deposit of $7,500+
The Fine Print
- Offer valid 12/1/25 – 1/31/26.
- Limit one account per membership.
- This offer is not available to current SouthPoint Financial Credit Union checking account holders or to individuals who have closed a checking account within the past 90 days or closed one with a negative balance in the last two years.
- You may receive only one new checking account bonus every four years, based on your last coupon enrollment date.
- Each coupon is valid for one-time use only.
- To qualify for the cash back bonus, complete the following within 90 days of opening a new EzMoney Checking, North Star Checking, Rising Star Checking, or Shining Star Checking account with a debit card (subject to approval): make 30 debit card transactions; enroll in online banking, mobile banking & estatements, receive $100 cash back with a direct deposit of $2,000+; receive $200 cash back with a direct deposit of $5,000+; receive $400 cash back with a direct deposit of $7,500+.
- You must be at least 16 years old to qualify.
- If under 18, a parent or guardian must be a joint account holder.
- Business and trust accounts are excluded.
- Micro-deposits (typically less than $1) do not count as qualifying direct deposits.
- Your account must remain open and unrestricted at the time of bonus payout.
- If the account is closed within six months of coupon enrollment, the bonus will be deducted at closing.
- Employees, volunteers, and their immediate family members are not eligible.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
None of these accounts have monthly fees to worry about.
Early Account Termination Fee
Bonus forfeit if closed within six months.
Our Verdict
Bonus itself seems worth doing if you live in foot print, out of state doesn’t seem to be working unfortunately. Will add this to our list of the best bank account bonuses.
Hat tip to 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
