Deal has ended, view more bank account bonuses by clicking here.
Extended through 3/31/2025
Extended through 12/31
Update 8/24/24: Bonus is now $200. Hat tip to DN_03755
Offer at a glance
- Maximum bonus amount: $200
- Availability:
- Individuals who live, work, worship, or attend school in New York City (NYC)
- Individuals who work for New York State (NYS) or Federal Employers
- Direct deposit required: Yes, $200+
- Additional requirements: None
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: No
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: 9/30/24
Contents
The Offer
- MCU is offering a $200 bonus when you open a new free checking account and complete the following requirements:
- Receive a direct deposit or payroll deduction of $200 or more within 90 days
- Can also get a $50 bonus for opening a Hero Savings Account between 7/15/24 and 9/30/24
The Fine Print
- You must open a Checking Account with MCU between 5/1/24 and 6/30/24 connected to direct deposit or payroll deduction to get $100.
- Limit one account-opening bonus per qualifying account.
- If requirements have been met, the $100 will be deposited into your account 8/9/2024.
- Offer not available to individuals who were a primary account owner of an MCU checking account in the last 12 months.
- Account must not be closed or restricted during the time of promotional period.
- Offer is subject to cancellation without notice. Account opening is subject to approval.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account 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 EATF.
Our Verdict
Need to know if it’s a hard or soft pull.
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
