Everwise Credit Union $250 [Formerly Teachers Credit Union] IN & MI – Direct Deposit Not Required

Offer at a glance

• Maximum bonus amount: $250
• Availability: IN & MI
• Direct deposit required: No
• Availability: Must live or work in one of the following counties:
  • Michigan: Berrien & Cass
  • Indiana: Lots, view here.
• Direct deposit required: Yes, $500+
• Additional requirements: Use promo code 200
• Hard/soft pull: Soft pull
• ChexSystems: Yes
• Credit card funding: Can fund up to $2,500 with a Visa or Mastercard
• Monthly fees: None with eStatements
• Early account termination fee: None
• Household limit: None
• Expiration date: None listed

The Offer

Direct link to offer

• Everwise Credit Union is offering a $250 bonus when you open a new checking account and complete the following requirements: 
  • Use promo code GET250
  • deposit $500 or more
  • make 10 debit card purchases
  • enroll in eStatements

The Fine Print

• $250 Checking Bonus offer effective 7/1/2025.
• Open an eligible checking account online or at a branch using or mentioning promo code Get250. Then, within 60 days of account opening, complete the following actions: A) Enroll in eStatements using mobile or online banking. B) Make at least ten (10) Debit Mastercard purchase transactions. C) Make electronic deposit(s) of $500 or more to your new checking account.
• When all requirements are met, the $250 bonus will be credited to the new checking account on or before the close of the next full statement.
• Bonus not available to members with an existing checking account, or members that have had a checking account closed within the last 12 months.
• Limited to one bonus per member, regardless of the number of checking accounts opened.
• Members who have received a new checking bonus previously are not eligible to receive an additional checking bonus
• . Eligible Accounts: Simply, Plus, and Max checking accounts. Bonus is considered income.
• You may receive a 1099-MISC form.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Simply checking has no monthly fees to worry about. 

Early Account Termination Fee

I wasn’t able to find a fee schedule so I’m unsure if there is an early account termination fee or not

Our Verdict

Was $400 in the past and you could get $200 of that with no direct deposit, but we haven’t seen that in some time. We will add this to our list of the best bank account bonuses page. 

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• A Beginners Guide To Bank Account Bonuses
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• 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?
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