Update 5/17/26: The deal is back, now $400 through June 12, 2026. Requires two consecutive direct deposits of $400 + instead of $200 (bonus was only $200 before). Hat tip to the reader JR
Update 11/15/25 Offer again until December 9th
Update 10/20/24: Extends through December 2nd
Update 9/7/24: Offer back through 10/19/24
Update 8/24/18: Offer back until August 20, 2024. Hat tip to the reader TonyBank
Update 9/23/23: The deal is back to November 15, 2023.
Update 4/1/23: Extends through 4/30.
Update 3/5/23: The deal is back and valid until March 31, 2023.
Update 8/16/19: The bonus is back. Hat tip to readers Nathan91 hunted & JS
Update: Reposting because it’s an easy withdrawal and can finance up to $10,000 with a credit card.
Offer at a glance
Offers
- Royal Credit Union offers a $400 bonus when you open a new checking account and meet the following requirements:
- Receive a direct deposit of at least $400 within 60 days of account opening (two consecutive direct deposits must be confirmed and accepted)
Fine Press
- Offer valid for new current accounts opened from 15 August 2019 to 30 September 2019.
- Membership and account opening after qualification.
- The new checking account must receive two (2) qualifying direct deposits of at least $200 each from a direct deposit salary, pension payment, social security payment, or government benefit payment electronically deposited into the account by an employer or outside agency.
- The first deposit must be made within the first sixty (60) days of account opening.
- The account must remain open for six (6) months.
- The incentive will be deposited into the account holder’s tax-reported Basic Savings Account upon qualification.
- Limit of one account per member may be included in the promotion.
- The Member cannot have previously opened or closed a checking account with RoyalCU in the last twelve (12) months.
- RoyalCU reserves the right to withhold or require incentives if qualifications are not met based on RoyalCU’s sole discretion.
- Promotion is subject to federal and state tax requirements, which are the responsibility of the account holder.
- RoyalCU reserves the right to end this promotion at any time.
- Offer cannot be combined with any other RoyalCU Current Account offer.
Avoidance of fees
Monthly fees
This account has no monthly fees to worry about
Early account termination fee
Account must be kept open for six months to avoid bonus rollback.
Our verdict
Looks like a fantastic account to open even before the $200 bonus because of the great credit card financing allowed. Because of this, I will add this our list of the best checking account bonuses.
Useful posts about bank bonuses:
