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
- 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
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Mine also I am in PA
Thanks, added to post.
I got the ad in TN.
There are two screens requiring your consent to pull your credit, so likely a hard pull from Experian. That being said, anyone care to adopt me? I have relatives in Michigan but they don’t like free money, so they’re off my Christmas list.
Oh hell yeah! Something good at last for michiganders. Let’s goooo. I will apply on Monday and report back.
Same, though marketing probably messed up and didn’t target the ad appropriately. Marketing has nothing to do with account approvals, so I wouldn’t expect this to work.