[MI Only] KCCU $500 Checking Bonus

This used to be called Kellogg Community Credit Union, some discussion on an old high yield account here.

Offer at a glance

• Maximum bonus amount: $500
• Availability: MI only
• Direct deposit required: Yes, $500+
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding:Up to $500
• Monthly fees: None with eStatements
• Early account termination fee: Unknown
• Household limit: None 
• Expiration date: None listed

The Offer

Direct link to offer

• KCCU is offering a $500 bonus when you open a new KCCU Personal Checking or eChecking account and complete the following requirements:
  • Use promo code Checking500
  • Enroll in Online Banking
  • Enroll in eStatements
  • Establish direct deposit of at least $500 per month into your checking account
  • Make 8 debit card transactions

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Personal checking has no monthly fees with eStatements

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF. 

Our Verdict

Seems like a very good bonus and worth doing, if anybody signs up for an account then please share your experiences in the comments below. According to this comment ‘You have to open the member shares account then contact them to open the checking (can’t be done on your own) my share account is open’

Hat tip to reader Smiff

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• 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 Calculate And Share Your ChexSystems Datapoints
• 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