Here you can find all the latest Magnolia Federal Credit Union promotions, bonuses, and offers.
Table of Contents
About Magnolia Federal Credit Union Promotions
Magnolia Federal Credit Union serves communities of Mississippi. Additionally, you will be able to take advantage of all the features and services.
| Eligibility: You’re eligible for membership if you meet one of the requirements such as if you live, work, worship, or attend school in Mississippi’s Hinds, Madison, Rankin, Simpson, Copiah, Leake, Yazoo, or Northern Scott Counties. For the full details, refer to the Membership Requirements. |
Furthermore, I’ll review all Magnolia Federal Credit Union promotions.
Magnolia Federal Credit Union $100 Checking Bonus
Earn a $100 bonus at Magnolia FCU!
Magnolia Federal Credit Union is offering customers a $100 bonus when you sign up for an Everything “E” Checking account and meet the requirements.
- What you’ll get: $100 bonus
- Account Type: Everything “E” Checking
- Availability: MS. Must live, work or worship in Hinds, Madison, Rankin, Simpson, Copiah, Leake, Yazoo, or Northern Scott in Mississippi counties (Bank Locator)
- Direct Deposit Requirement: Yes, $500+
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: $15, 90 days
- Household limit: None listed
(No Expiration Date)
| You can compare this to several great entry level Checking accounts with bonus offers include the BMO Harris Smart Money™ Account ($300 bonus), Citi Priority Account (Up to $2000 Cash Bonus), Fifth Third Momentum® Checking ($250 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($325 bonus). |
How To Earn Bonus
- In order to earn the bonus, you must:
- Sign up for an Everything E Checking Account
- Make 2 direct deposits of $500 or more within 60 days of opening
- Account must remain open and in good standing for at least 60 days, then email info@magfedcu.org after all qualifications are met to claim your $100.
Current Magnolia Checking Account holders are not eligible (Magnolia Savings account holders are eligible).
Magnolia Federal Credit Union $100 Checking Bonus (Expired)
Earn a $100 bonus with a new Checking Account.
Manage your Opportunity Checking Account perfectly for 12 months at Magnolia Federal Credit Union and you can earn a $100 bonus.
- What you’ll get: $100 bonus
- Account Type: Opportunity Checking
- Availability: MS
(No Expiration Date)
| You can compare this to several great entry level Checking accounts with bonus offers include the BMO Harris Smart Money™ Account ($300 bonus), Citi Priority Account (Up to $2000 Cash Bonus), Fifth Third Momentum® Checking ($250 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($325 bonus). |
How To Earn Bonus
- Open an Opportunity Checking account from Magnolia Federal Credit Union.
- Provide a $20 opening deposit
- Additionally, set up direct deposit to bring the monthly service fee down to $15
- However, without direct deposit, monthly service fee will be $20
- Furthermore, maintain the requirements for a 12 month period and you will earn the $100 bonus when you switch to a new checking option from the bank.
Magnolia Federal Credit Union $100 Referral Bonus
Earn a $100 Bonus at Magnolia Federal Credit Union
Refer friends and family to open a new account at Magnolia Federal Credit Union and you can earn a $100 referral bonus.
- What you’ll get: $100 bonus
- Account Type: Checking
- Availability: MS
(No Expiration Date)
| You can compare this to several great entry level Checking accounts with bonus offers include the BMO Harris Smart Money™ Account ($300 bonus), Citi Priority Account (Up to $2000 Cash Bonus), Fifth Third Momentum® Checking ($250 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($325 bonus). |
How To Earn Bonus
- Refer up to 5 friends and earn $20 for each referral
- Refer using the form provided on their website
- Some exclusions apply.
- We will credit your account $20 for each person you refer who opens a new account.
- If opened at branch, a prefilled referral card must be presented at the time of account opening.
- If opened online, current member information may be provided by emailing referrals@magfedcu.org with the subject line “Referral” and the online application.
- Please include the new member’s name, phone number, and the last 3 digits of their member number.
- Annual limit of 5 referrals.
How To Waive Monthly Fees
- Everything “E” Checking: None
- Business Checking: None
- Opportunity Checking: Lower your fees with Direct Deposit signup
Bottom Line
Lastly, while the $100 bonus may seem worthwhile, monthly fees for this account are not worth the effort. However, if you are looking for an account that anyone can be accepted for, this is a good opportunity. Additionally, you will gain access to a range of account features.
Additionally, if you have any information on this bonus or about Magnolia Federal Credit Union, please leave a comment below.
Additionally, to join Magnolia Federal Credit Union, it is required that you open a Share Savings Account. However, while you can earn interest on this account balance you may want to check out our full list of Bank Rates and CD Rates for better savings opportunities.
Compare Magnolia Federal Credit Union Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
Furthermore, definitely check back at this page for updated Magnolia Federal Credit Union promotions, bonuses and offers.
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