Offer at a glance
- Maximum bonus amount: 250 dollars
- Availability: Membership eligibility is limited to those who live, work, study, worship or volunteer in Anoka, Hennepin, Ramsey or Washington counties in Minnesota, or are related to a member.
- Direct deposit required: Yes, or ACH credits. Must be $1,000+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card financing: Unknown
- Monthly fees: ANY
- Early account closure fee: ANY
- Family boundary: None listed
- Expiration date: June 30, 2026
Offers
Direct link to offer (offer mentioned on homepage)
- SMW Financial Credit Union offers up to a $250 bonus when you open a new rewards checking account. The bonus is divided as follows:
- Set up eStatements, online banking and debit card and get a $100 bonus
- Get an extra $150 when you meet monthly qualifications at least once within the first three months of account opening
- fifteen (15) debit card transactions of at least $3 that post and clear your account each month
- at least $1,000 in direct deposit/ACH credits posted during each calendar month
- the member must be registered for eDeclaration
Fine Press
- Offer is available from now until June 30, 2026. All new accounts are subject to standard account membership terms and conditions.
- Eligible account type to receive $100 upon opening is a rewards checking account with eStatements, online banking, and debit card. The member is eligible for an additional $150 deposit into the new checking account after meeting the monthly qualifications at least once within the first three months after opening the account.
- Existing members are not eligible for this offer.
- The monthly qualification cycle is the first day of the month to the last day of each calendar month.
- To earn your account rewards, the following records must be in place and all transactions and activities must be posted and paid to your selected Rewards Checking account during each monthly qualifying cycle: Qualifications include fifteen (15) debit card transactions of at least $3 that post and clear your account each month, at least $1,000 in direct deposit per member posted, and credits posted to ACH. eDeclaration.
- Transactions may take one or more business days from the transaction date to post to an account.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
This account has no monthly fees.
Early account termination fee
I was not able to find a fee schedule so uncertain if there is any EATF.
Our verdict
There is also a $50/$25 referral program, please do not share your referrals below until they are confirmed to accrue. The bonus itself seems relatively easy to do and usually when worded like this, anything will work to trigger the ACH credit. Please share your experiences in the comments below.
Hat tip to the reader snail
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