Update 5/10/26: The deal is back, this time for $400 (was $300). Hats off to him The butterflies
Update 8/23/25: The deal is back, but requires direct deposit first. Hat tip to the reader bockrr
Offer at a glance
- Maximum bonus amount:300 dollars
- Availability:People who live, work, worship or attend school within the 33-county membership area are eligible to join Greater Iowa Credit Union: Story, Polk, Dallas, Warren and Crawford. Nearby counties: Wright, Franklin, Butler, Woodbury, Ida, Sac, Calhoun, Webster, Hamilton, Hardin, Grundy, Monona, Carroll, Greene, Boone, Marshall, Tama, Harrison, Shelby, Audubon, Guthrie, Jasper, Poweshiek, Adair, and Marion,
- Direct deposit required: Yes, $100+
- Additional requirements:See below
- Hard/soft pull: Gentle pull
- ChexSystems:Unknown
- Credit card financing: ANY
- Monthly fees:ANY
- Early account closure fee:$25, two months
- Family boundary:ANY
- Expiration date: December 31, 2024
Offers
- Greater Iowa Credit Union is offering a $400 bonus when you open a new checking account and meet the requirements for the highest APY during the 60-day period:
- Register in eDeclaration.
- Have a direct deposit of at least $100
- Make at least 20 debit card purchases totaling at least $100 on that post and redeem within the 60-day period
Fine Press
- Bonus available to new Biggest Check accounts opened by December 31, 2024 that are open for at least 60 days and meet the requirements for the highest APY over the 60-day period. Additional terms may apply, see Biggest Check Bonus Disclosure for details.
- 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. There is a dormant account fee of $10 per month after 6 months of inactivity
Early account termination fee
There is an early account termination fee of $25 if closed within the first two months.
Our verdict
Much better than the previous $100 bonus that was offered. It’s rare to see a bonus this big without requiring a direct deposit. We will add this to our list best bank account bonuses.
Hats off to him ShawntheShawn
Useful posts about bank bonuses:
- A Beginner’s Guide to Bank Account Bonuses
- Bank Account Quick Reference Table (Calculated Sheet) (very useful for ranking bonuses according to different parameters)
- PSA: Don’t call the bank
- Login to ChexSystems
- Banks and credit unions that are sensitive to ChexSystems requirements
- What Banks and Credit Unions Do/Don’t Attract ChexSystems?
- How to use our direct deposit site for banking bonuses site
- Common Bonus Bank Misconceptions + Why You Should Give Them a Go
- How many bank accounts can I safely open in a year for the purposes of the bank bonus?
- Affiliate links and bank bonuses – We will not use them
- Complete list of ways to close bank accounts in each bank
- Banks that allow/disallow overseas check applications
- Bank bonus posting times
