Update 6/16/26: Offer back through 7/12/26. The maximum bonus is now $250 (previously $300) and the levels are worse. Hat tip to the reader Pickle Rick
Offer at a glance
- Maximum bonus amount: 300 dollars
- Availability: Anyone can join by joining the Connexus Association and paying a one-time donation of $5. If you live in select counties in MN, IL, OH, WI then you can join for free
- Direct deposit required: Yes, $500 deposit OR ACH
- Additional requirements: See below
- Hard/soft pull: All the latest data points say soft traction
- ChexSystems: Unknown
- Credit card financing: ANY
- Monthly fees: ANY
- Early account closure fee: ANY
- Family boundary: ANY
- Expiration date: 11/09/2025
Offers
- Connexus Credit Union is offering a $300 bonus when you open a new outstanding checking account with promo code XTRABONUS. Complete outstanding checking account requirements for two months (does not have to be consecutive) within 120 days of account opening:
- Make 15 debit card purchases or accumulate $500 in debit card spending
- Register in eDeclaration
- Make a monthly deposit of at least $500 by direct deposit or ACH deposit
- The bonus you receive depends on your average daily balance from the first two qualifying monthly periods and their average combined
- Total average daily balances of $4,999.99 and below will earn $0.00
- $5,000-$9,999.99 will earn $150 (previously $200);
- $10,000-$14,999.99 will earn $200 (previously $300);
$15,000 and up will earn $250 (previously only $10,000+ required for $300)
Fine Press
- The offer is valid for individuals who open an Extraordinary Checking Account between 09/08/2025 and 09/11/2025.
- Offer not valid to existing Connexus members with any type of Connexus checking account currently open or to any current or former member with a Connexus checking account closed on or after 7/1/2025.
- Offer is limited to one bonus to the primary owner and may change or end without notice.
- To qualify for the bonus, you must use promo code XTRABONUS at the time of application and meet the Extraordinary Checking Account requirements listed above revealing 5.00% 1 percent annual yield for two month-end periods within 120 days of account opening.
- Monthly periods are based on calendar months; the last day of the month must be within 120 days of account opening to count toward bonus qualifications.
- Determining Your Bonus: Connexus will take the average daily balance from the first two qualifying monthly periods and average them together. Total average daily balances of $999.99 and below will earn $0.00; $1000 – $4999.99 will earn $100; $5,000-$9,999.99 will earn $200; and $10,000 and up will earn $300. The bonus is subject to income tax reporting and will be credited to your account within 10 business days of the end of the month after you meet the bonus qualifications. The Extraordinary Checking Account must be open at the time the bonus is credited.
- 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 to worry about.
Early account termination fee
I couldn’t find an early account termination fee at fee schedule
Our verdict
We saw a $200 bonus last year with no direct deposit. This bonus requires a high balance, but at least you earn 5% APY when you meet the bonus requirements anyway. You are eligible if you previously had an account, but cannot have had or closed an account as of 7/1/2025. We will add this to our list best bank account bonuses.
Hat tip to the reader Eric
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