Offer at a glance
- Maximum bonus amount:100 dollars
- Availability:Membership is open to anyone who lives, works or worships in the state of Michigan
- Direct deposit required:OPTIONAL
- Additional requirements:See below
- Hard/soft pull:Unknown
- ChexSystems: Unknown
- Credit card financing:Unknown
- Monthly fees:ANY
- Early account closure fee:Unknown
- Family boundary:None listed
- Expiration date:None listed
Offers
Direct links to offers below
- Michigan First Credit Union is offering two deals:
- $100 referral bonus for both parties. Enroller must open a new checking account, make 20 debit card purchases OR reach $500 in direct deposits within 60 days. Feel free to share your recommendations in the comments below, they can be shared here related post.
- $100 bonus CD. Requires a $5,000 deposit, shortest CD is 6 months (0.8% APY on $5,000 or 3.3% on $10,000)
Fine Press
- Full terms here
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
Premier Check 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
If you put $10,000 into a 5% APY account for 6 months, you’ll earn $250. With this bonus and the 3.3% APY you would earn $265, so a little better. However, the referral check bonus is easy.
Feel free to share your recommendations in the comments below, they can be shared here related post. Please share data points (eg hard/soft withdrawal and credit card financing) below.
Hat tip to the reader Bockrr
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/Do Not 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 time
