Offer at a glance
- Maximum bonus amount: $200
- Availability: WA only
- Direct deposit required: Yes, $500+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: November 21, 2026
The Offer
- Northwest Plus Credit Union is offering a $200 CD when new members complete the following requirements:
- Open a savings and a checking account
- Receive monthly direct deposits of at least $500 (must be maintained until CD matures in 12 months)
The Fine Print
- *This offer applies to new NW Plus CU members who join between October 1, 2026 and November 21, 2026 and open both a savings and a checking account with active monthly direct deposits of at least $500.
- A credit union–sponsored $200 12-month CD will be issued after membership and accounts are established
- . Accounts will be reviewed quarterly to confirm ongoing direct deposit activity. Qualifying direct deposits are those from an employer for payroll, state benefit payments, pension/retirement plans, or federal benefit payments. Person to Person third-party payments (Zelle, Paypal for example) do not qualify.
- Early closure of either account for any reason before the CD term ends will forfeit the CD and any accrued interest. Accounts deemed to be acting in bad faith may be closed and the CD forfeited.
- To be eligible, you must be new to NW Plus CU, meaning you have not been a NW Plus CU member for at least 12 consecutive months prior to joining and you must have been a member in good standing when any previous membership terminated.
- 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
Maintaining a direct deposit for 12 months for a $200 bonus isn’t worth it for most people.
Hat tip to reader snailrock
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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 Calculate And Share Your ChexSystems Datapoints
- 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
