[OH, KY, IN] CinFed Credit Union $200 Checking Bonus

Update 3/15/25: Deal is back until 12/31/25, bonus now $200.

Update 2/24/25: Bonus is now $250, ChexSystems sensitive and valid until 2/28/25.

Update 3/24/24: Deal is back and valid until 12/31/2024. Hat tip to reader Shawn

Offer at a glance

• Maximum bonus amount: $150
• Availability: If you live, work, worship, go to school, or regularly do business in Boone, Bracken, Campbell, Gallatin, Grant, Mason, Kenton, or Pendleton County in Kentucky; Brown, Butler, Clermont, Clinton, Hamilton, or Warren County in Ohio; Dearborn, Ohio, or Union County in Indiana… then you are eligible to become a Cinfed member!
• Direct deposit required: Not mentioned
• Additional requirements: Use referral promo code
• Hard/soft pull: Hard pull
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: March 30th, 2019

The Offer

Direct link to offer

• Cinfed Credit Union is offering a checking bonus of $200 when you open a new checking account and complete the following requirements:
  • Use promo code FULL200

The Fine Print

• Participating members will receive a $100 deposit in their savings account for each referral that meets promotion criteria.
• New members will receive $100 deposit into a Cinfed savings account by opening a new Cinfed account.
• New members must meet qualifying criteria to open an account and cannot have had a previous Cinfed account.
• New account must be opened by 3/30/19.
• Bonuses will be credited to accounts within 10 business days and will be reported on form 1099-INT.
• Offer excludes HSA Checking accounts and is subject to change without notice.
• Loans and credit cards are subject to credit approval.
• Rates may vary depending on credit
• . Offer expires 3/30/19.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

All of their accounts have no monthly fee apart from Fresh Start.

Early Account Termination Fee

I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not.

Our Verdict

Not worth considering due to the hard pull unfortunately. They offered a $125 bonus in the past as well. I won’t be adding this to the list of the best checking bonuses due to the hard pull.

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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