Available nationwide through several methods of joining, Hiway Credit Union is offering up to a $400 welcome bonus when you open a new personal checking account. This is a tiered offer that rewards you when you complete multiple (optional) activities over several months, including: direct deposits, debit card purchases and opening a cd.
How To Earn The Bonus
The Hiway Credit Union Personal Checking promotion requires you to set up direct deposits and make purchases using the account's card in order to earn the up to $500 bonus.
Full requirements to receive this bonus are:
- Open a new Hiway checking account.
- Within 30 days, account holder must (1) set up a direct deposit of $500 or more to your checking account and (2) make a total of 6 debit card purchases, and (3) register for online/mobile banking with eDocuments; earn $200.
- Bonus will be deposited after the account has been open for 45 days, allow up to an additional 7 business days.
- Additional Bonuses: earn an extra $25 per month for active direct deposit ($500 minimum), up to $100; earn an extra $25 per month for 15 debit card purchases, up to $100; earn an additional $100 when you open a new Hiway Certificate before 7/31/23 with a minimum deposit of $7,500 for terms of 12 months or longer.
The fine print
- Must have no prior checking relationship with Hiway in the last six months.
- Account must remain open for six months, Hiway reserves the right to reclaim the $200 if requirements not met.
- Direct Deposit and Debit Card usage will be tracked for the 4 months following your account opening. Ex: if opened on April 18, the tracking period will be May – August. At the end of the tracking period, allow 14 days for the funds to be deposited to your checking account.
- Not available for members under 18 or Business accounts.
How does this personal checking offer from Hiway 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:
U.S. Bank
U.S. Bank Smartly® Checking
- Bonus
- up to $1000
- Account Type
- Personal Checking
- Expires In
- 29 days
- Requires
- Direct Deposit
- Min Balance (optional)
Citi®
Citi Priority Relationship Tier
- Bonus
- up to $2000 w/activities
- Account Type
- Personal Checking
- Expires In
- 99 days
- Requires
- Min Balance
Discover
Cashback Debit
- Bonus
- up to $360
- Account Type
- Personal Checking
- Expires In
- Limited Time
- Requires
- Card Spend
Why Hiway Federal Credit Union?
Free Checking
Free Checking is a basic checking account that has no minimum balance requirements, no monthly service fees, no per check charges and they'll give you your first box of checks for free.Fees
Free Checking does not charge a monthly fee.
Hi Yield Checking
With a Hi Yield Checking account, you'll earn higher dividends on up to $25,000 each month when you maintain a $1,000 minimum balance, make 15+ debit or credit card purchases, and are enrolled in eDocuments.Fees
Hi Yield Checking does not charge a monthly fee.
Benefits Plus® Checking
Benefits Plus® Checking provides a whole host of services and benefits for a low monthly fee. Consumer protection services like identity theft protection, purchase protection, extend repair warranty; travel, food and shopping discounts; health services like group dental discount plan, prescription discounts, vision and eyewear discounts, hearing care and hearing aid discounts – all are included.Fees
Benefits Plus® Checking does not charge a monthly fee.
How to Join Hiway 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 Hiway Credit Union's membership requirements:
- Qualify through a relative/household (even if the eligible relative is NOT a current member)
- You live, work, worship, volunteer or attend school in the eleven-county metro area: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington and Wright; or the Wisconsin counties: Pierce and St. Croix.
- You work for MnDOT, the Department of Public Safety or a qualifying company
- You are a member of, or may join, the Hiway Credit Union Foundation (a one-time contribution of $10 is required)
- You are a member of, or may join, the Minnesota Recreation and Park Foundation (a one-time contribution of $10 is required)
- You are a member of, or may join, the Association of the United States Army (a one-time contribution of $40 is required)
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.
Hiway Federal Credit Union Locations
Credit unions are community-based, and a lot of the time this means they serve a specific geographic footprint.
Sometimes eligibility requirements will mean that you need to live, work, or worship in that area to become a member. Other times, you may be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.
Get a better idea of how well Hiway Federal Credit Union can serve you by checking out their branches closest to your area:
5025 E 54TH ST
Minneapolis, MN 55417
651-291-1515
1015 Snelling Ave S
Saint Paul, MN 55116
651-621-2200
395 John Ireland Blvd, Room B-23
Saint Paul, MN 55155
651-291-0909
1540 6th St E
Saint Paul, MN 55106-4850
651-330-2476
111 Empire Dr
Saint Paul, MN 55103
651-291-1515
840 Westminster St
Saint Paul, MN 55130
651-291-1515
740 Rose Ave W
Saint Paul, MN 55117
651-340-6407
1349 Arcade St
Saint Paul, MN 55106
651-414-4346