Great River Federal Credit Union is now offering a $100 welcome bonus when you open a new personal checking account without requiring a referral. This bonus also makes direct deposit optional with a path to earn it via debit card spend instead.
Unlike most new account offers, minors are also eligible for this bonus. While the payout is reduced to $50, it removes the direct deposit and debit card requirements.
You can qualify for membership at GRFCU by joining the American Consumer Council free-of-charge if you are out of their footprint.
How To Earn The Bonus
The Great River Federal Credit Union Free Checking promotion requires you to optionally, set up eligible direct deposits and make purchases using the account's card in order to earn the $100 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the credit union will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- This offer can not be combined with other offers for opening a GRFCU membership.
- Member must not have had a previous membership at GRFCU to qualify.
- Accounts must not be negative at the time of the bonus deposit.
- $50 bonus available for minor accounts without above conditions.
- Your direct deposit needs to be an electronic deposit of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Person-to-Person payments (such as Zelle®) are not considered a direct deposit.
- Subject to change or cancel without notice.
Open a Free Checking account before the bonus expires
How does this personal checking offer from Great River Federal Credit Union compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 57 days
- Requires
- Direct Deposit
BMO
Smart Advantage Checking Account
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 90 days
- Requires
- Direct Deposit
Fifth Third Bank
Personal Checking
- Bonus
- $400
- Account Type
- Personal Checking
- Expires In
- 11 days
- Requires
- Direct Deposit
Recent Versions of This Offer
Banks often tweak the requirements and the reward amount of their welcome offers. Track how this welcome bonus from Great River Federal Credit Union has changed over time:
| Promo Dates | Amount | Requirement Notes |
|---|---|---|
| Jun 19 - Oct 24, 2023 | $100 | Use promo code "FIRE100", then within 60 days complete a direct deposit (no amount specified) OR make 5 debit card purchases. Alternatively, new member could open a new loan or credit card to qualify for the bonus. |
Why Great River Federal Credit Union?
Free Checking
Fees
Free Checking does not charge a monthly maintenance fee.
Apply now for a Free Checking account to earn the $100 bonus offer
How to Join Great River Federal Credit Union
Credit unions differ from banks in that they restrict membership based on a shared common bond, or the credit union’s “field of membership”.
That means in order to qualify for this bonus (or any offer from a credit union), you'll first need to meet one of Great River Federal Credit Union's membership requirements:
- Have a relative that is an existing member.
- Work at one of their Select Employer Groups (SEG)
- Join the American Consumer Council
Keep in mind that nearly all credit unions have a "once a member, always a member" policy, so once you're in, the above restrictions no longer apply.
Share Your Thoughts or Questions
There have been 2 comments about the Great River Federal Credit Union Free Checking $100 Bonus.
Nicholas
November 15, 2023I like that this bonus gives you the option of doing either debits or a direct deposit. I'll probably sign up for this one.
ReplyReply to Nicholas
Daniel Tacker
November 3, 2023I signed up for this and did the debit card transactions to receive the bonus. Was easy to sign up for but beware there is an early account termination fee. Have to leave account open for 90 days.
ReplyReply to Daniel Tacker
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