[Expired] Connexus Credit Union $250 Checking Bonus, Direct Deposit Not Required

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

Update 7/1/26: Extended to 07/19/2026

Update 6/16/26: Deal is back until 7/12/26. Maximum bonus is now $250 (previously $300) and tiers are worse. Hat tip to reader Pickle Rick

Offer at a glance

• Maximum bonus amount: $300
• Availability: Anybody can join by joining the Connexus Association and paying a $5 one time donation. If you live in select counties in MN, IL, OH, WI then you can join for free
• Direct deposit required: Yes, $500 OR ACH deposit
• Additional requirements: See below
• Hard/soft pull: All recent datapoints say soft pull
• ChexSystems: Unknown
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: None
• Household limit: None
• Expiration date: 11/09/2025

The Offer

Direct link to offer

• Connexus Credit Union is offering a bonus of $300 when you open a new new Xtraordinary Checking Account with promo code XTRABONUS. Meet the Xtraordinary Checking Account requirements for two months (doesn’t need to be consecutive) within 120 days of account opening:
  • Make 15 debit card purchases or accumulate $500 in debit card spending
  • Subscribe to eStatements
  • Make one monthly deposit of at least $500 from either a direct deposit or an ACH deposit
• Bonus you receive depends on your average daily balance from the first two monthly periods in which qualifications are met and average them together  
  • Total average daily balances of $4,999.99 and below will earn $0.00
  • $5,000-$9,999.99 will earn $150 (previously $200);
  • $10,000-$14,999.99 will earn $200 (previously $300);
    $15,000 and over will earn $250 (previously only required $10,000+ for $300)

The Fine Print

• Offer is valid for individuals who open an Xtraordinary Checking Account between 09/08/2025 and 11/09/2025.
• Offer is not valid for existing Connexus members with any type of Connexus Checking Account currently open or any current or former members with a Connexus Checking Account closed on or after 7/1/2025.
• Offer is limited to one bonus per primary owner and is subject to change or termination without notice.
• ​To qualify for the bonus, you must use Promo Code XTRABONUS at time of application and meet the Xtraordinary Checking Account requirements listed above in the 5.00% Annual Percentage Yield disclosure 1 for two month-end periods within 120 days of account opening.
• Monthly periods are based on calendar months; the last day of the month must fall within 120 days of account opening to count toward bonus qualifications.
• Determining your bonus: Connexus will take the average daily balance from the first two monthly periods in which qualifications are met and average them together. Total average daily balances of $999.99 and below will earn $0.00; $1,000 – $4,999.99 will earn $100; $5,000-$9,999.99 will earn $200; and $10,000 and over will earn $300. The bonus is subject to income tax reporting and will be credited to your account within 10 business days of the month-end following bonus qualifications being met. The Xtraordinary Checking Account must be open at the time the bonus is credited.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about. 

Early Account Termination Fee

I wasn’t able to find an early account termination fee in the fee schedule

Inactivity Fee

Inactivity Fee applies to: Checking Accounts (members age 18 and over) with no activity in 90 days and month-end account balance under $100. Health Savings Accounts, Money Market Accounts, and Savings Accounts (other than Simply Savings Accounts) with no activity in 12 months and month-end balance under $100. Simply Savings Accounts (members age 18 and over) with no activity in 12 months, no other accounts or loans, and month-end balance under $100.

Our Verdict

We saw a $200 bonus last year with no direct deposit required. This bonus does require a high balance but at least you earn 5% APY when meeting the requirements for the bonus anyway. You are eligible if you’ve had an account before but can’t have had or closed an account as of 7/1/2025. We will add this to our list of the best bank account bonuses. 

Hat tip to reader Eric

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times