For residents of Ohio, BMI Federal Credit Union is offering a $250 bonus when you open a checking account by June 30, 2019.
To get started, you will have to open a Free Checking Account at the Westerville Branch by June 30, 2019. Be sure to mention promo code: CHECK19 when applying for the account. Additionally, you will have to make a $20 opening deposit, sign up for eStatements and a debit card, and set up a direct deposit of at least $500 to the account. Finally, you will earn a $250 bonus for completing all your requirements.
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Eligibility: BMI Federal Credit Union is available to anyone who lives, works, worships, or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County. See the membership page for the full list of eligibility.
Credit goes to Lindsay for letting us know about this promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!
Editor’s Note: This bonus is a promotion celebrating the reopening of the Westerville Branch. However, you can also apply for this account online. Just remember to mention the promo code CHECK19 in the comment.
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Table of Contents
BMI FCU $250 Bonus Info
- Direct Link to Offer
- BMI FCU Checking Bonus PDF Printout
- Account Type: Free Checking Account
- Availability: OH (Bank Locator) Westerville Branch*
- Expiration Date: 06/30/2019
- Credit Inquiry: Hard Pull
- ChexSystems: Yes
- Opening Deposit: $5, $20
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Additional Requirements: See Below
- Household Limit: 1
- Closing Account Fee: Forfeit of bonus if closed within 6 months
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How To Earn BMI FCU $250 Bonus
- To join BMI FCU, you must open a share savings account with a deposit of $5.
- Next, open a Free Checking Account using promo code: CHECK19
- Additionally, you will have to set up a direct deposit of at least $500 to the account.
- You will also have to sign-up for eStatements and a debit card.
- There is a requirement of 30 debit transactions of at least $5 to qualify for this account.
- You will earn a $250 bonus 10 business days after completing these requirements.
How to Avoid Monthly Fees
Free Checking Accounts: There are no monthly service fees for this account.
Make sure you check out BMI Federal Credit Union to learn more about the $250 bonus promotion. Don’t forget, the $250 bonus will be reported on IRS Form 1099-INT. Take advantage of this offer before it expires!
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.
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