DOC Compass — Offers, decoded

Deal has ended, view more bank account bonuses by clicking here.

Offer at a glance

Maximum bonus amount: $300
Availability: If you live or work in any of the following areas, you are automatically eligible to join Bellco: Adams County, Alamosa County, Arapahoe County, Boulder County, Broomfield County, Denver County, Douglas County, El Paso County, Fremont County, Garfield County, Huerfano County, Jefferson County, Larimer County, Las Animas County, Mesa County, Moffat County, Pueblo County, Rio Blanco County, Weld County. Possibly nationwide via $5 donation that they cover.
Direct deposit required: Yes, $500+ within 60 days
Additional requirements: None
Hard/soft pull: Hard pull. Recent dp suggest soft pull
ChexSystems: Yes
Credit card funding: None
Monthly fees: None
Early account termination fee: Bonus forfeit if closed within one year
Household limit: None listed
Expiration date: August 31, 2026

The Offer

Direct link to offer

Bellco Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements:
- Receive a direct deposit of $500 within 60 days of account opening

The Fine Print

Valid only if you don’t have an active checking account with Bellco and you open a new checking account at any Bellco branch location or online, from June 1, 2026, through August 31, 2026 (the “Offer Period”).
Limit one bonus per account. Limit one bonus per household.
To qualify for this offer, you must be or become a Bellco member and qualify for a checking account with Bellco; you cannot qualify if you already have a current checking account with Bellco.
To receive the $300 bonus, you must: 1) open a Bellco checking account, which is subject to approval, during the Offer Period; and 2) have at least one qualifying direct deposit of $500 or more into your checking account.
The first required deposit ($500 minimum) must be credited to your new checking account within 60 days of the date the account was opened.
Direct deposit must be recurring and come from payroll, pension, Social Security, or other recurring government benefits as indicated by deposit description.
The monthly direct deposit cannot be multiple direct deposits combined to reach the required $500 minimum
. The $300 bonus will be deposited into the new checking account within 90 days of meeting the direct deposit requirement.
The $300 bonus will be given if the account opened is in good standing (i.e. not overdrawn) at the time the bonus is paid.
The $300 bonus will be reported as interest earned on IRS Form 1099-INT, and you are responsible for any applicable taxes. T
o retain the $300 bonus, the checking account must remain open and in good standing for at least one year from the date of the account opening; otherwise, Bellco reserves the right to reclaim the bonus amount.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Free checking has no monthly fees to worry about.

Early Account Termination Fee

Bonus forfeit if closed within one year.

Our Verdict

Suspect this one won’t last very long, especially if the nationwide route actually works. Might be able to stack with $100 referral as well (please do not share referrals in this post, but you may share them in the linked post).

Hat tip to reader David F & Bockrr

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