Update 3/28/26: Offer is back until May 31, 2026. Hat tip to reader Bockrr
Offer at a glance
- Maximum bonus amount: 200 dollars
- Availability: only MI
- Direct deposit required: Yes, repeated. Minimum $500
- Additional requirements: See below
- Hard/soft pull: Gentle pull
- ChexSystems: Unknown
- Credit card financing: ANY
- Monthly fees: ANY
- Early account closure fee: Six months, loss of bonus
- Family boundary: ANY
- Expiration date: None listed
Offers
- People Driven Credit Union offers a $200 bonus when you open a new checking account and meet the following requirements:
- Open a new checking account using the promo code Spring26
- Use your debit card for 5 purchases
- Make a recurring direct deposit of at least $500
Fine Press
- *TO QUALIFY FOR THE $200 CASH BONUS, YOU MUST BE A MEMBER, OPEN A QUALIFYING CHECKING ACCOUNT WITH THE PEOPLE’S CREDIT UNION (“PDCU”) AND MEET THE DEPOSIT REQUIREMENTS DESCRIBED BELOW.
- YOU MUST ALSO MAKE A SIGNIFICANT DIRECT DEPOSIT INTO YOUR NEW PDCU CHECKING ACCOUNT WITHIN 30 DAYS OF ACCOUNT OPENING.
- A QUALIFYING DIRECT DEPOSIT IS DEFINED AS A SUBSTANTIAL ELECTRONIC DEPOSIT MADE BY AN EMPLOYER OR OUTSIDE AGENCY. TRANSFERS FROM ONE ACCOUNT TO ANOTHER OR DEPOSITS MADE AT A BRANCH OR ATM DO NOT QUALIFY.
- $200 CASH BONUS WILL BE CREDIT TO YOUR PDCU CHECKING ACCOUNT WITHIN 120 DAYS OF COMPLETING THE DIRECT DEPOSIT REQUEST.
- IF YOUR CHECKING ACCOUNT IS CLOSED WITHIN SIX MONTHS AFTER OPENING, PDCU RESERVES THE RIGHT TO DEDUCT THE BONUS AMOUNT FROM THE ACCOUNT AT THE TIME OF CLOSURE. BONUSES ARE CONSIDERED INTEREST AND WILL BE REPORTED ON IRS FORM 1099-INT (OR FORM 1042-S, IF APPLICABLE).
- THIS PROMOTION IS SUBJECT TO CHANGE OR TERMINATION AT ANY TIME WITHOUT NOTICE.
- PDCU MAY DISCONTINUE OR MODIFY THE OFFER IF ANY FACTOR INTERFERES WITH ITS PROPER CONDUCT. THIS OFFER CANNOT BE COMBINED WITH ANY OTHER CHECKING ACCOUNT PROMOTION.
- PDCU RESERVES THE RIGHT TO DETERMINE ANY ACCOUNT’S ELIGIBILITY FOR BONUS. BY PARTICIPATING IN THIS PROMOTION, YOU AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS. PLEASE CONTACT PDCU FOR DETAILS OR FURTHER CLARIFICATION.
- 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
The bonus is forfeited if the account is closed within six months.
Our verdict
You need to know if it is a hard or soft pull. It seems like a relatively easy bonus.
Useful posts about bank bonuses:
