Update 5/28/26: The new $200 bonus is available through 6/30/26. It requires opening a checking account this time and a direct deposit, but says “Monthly non-payroll ACH or payroll split totaling at least $500 and recurring for at least 3 of 4 consecutive months.” Hat tip to reader E
Added until 01/01/2026
Offer at a glance
Offers
- Navy Federal Credit Union is offering a $200 bonus when you become a new member and open a new checking account with promo code CHK26MJ and meet direct deposit requirements.
Fine Press
- Offer valid on 1/11/2025.
- Navy Federal reserves the right to terminate or modify this offer at any time.
- To qualify for the $200 bonus, you must qualify for membership, join Navy Federal and open a new 12-month Special EasyStart Share certificate between 11/1/2025 and 11/30/2025. Navy Federal membership is open to members of the Coast Guard, all uniformed personnel of the Department of Defense, Reservists, Active Duty, Retirees, Veterans, Army and Air National Guard, DoD civilian employees, contractors and their immediate family. Limit 1 $200 bonus per member.
- New member must be the primary account holder of the EasyStart Share Special 12-month certificate to qualify
- . Business and trust accounts are not eligible.
- IRA, ESA and Navy Federal Business Solutions certificate products are not eligible.
- Minimum balance of $5 is required to open and maintain membership stock savings account and receive bonus.
- The bonus will be deposited into the new member’s membership savings account by 28.02.2026.
- The new certificate must remain open for the entire time that Navy Federal attempts to deposit the bonus.
- Accounts must be in good standing for credit to be processed.
- Recipient is solely responsible for any personal tax liability arising from acceptance of this incentive. Navy Federal does not provide tax advice. ↵
- 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
Not sure if there is any EATF.
Our verdict
I suspect most eligible readers are already members, but you can always share the deal with eligible loved ones who haven’t signed up yet.
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