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BMI Federal Credit Union $200 Bonus

Starting Over Checking

Expires: March 31, 20261 states
Last verified: January 1, 2026View official bank terms →

Bonus Amount

$200

Apply Now

Direct Deposit

Required

Time to Qualify

90 days

Payout Time

10 days

💡 Quick Answers

Who qualifies?

New customers only. No BMI Federal Credit Union account in past 60 months. Available in 1 states.

Fastest way to earn

Complete requirements in 90 days. Bonus arrives within 10 days after qualifying.

Key requirements

  • • Direct deposit required
  • 30 debit transactions
  • • Deposit $20 within 30 days

Fees & gotchas

  • • No monthly fee ✓
  • $200 early closure fee

Is it worth it?

$200 bonus with no fees to worry about. Full bonus value! Requirements are straightforward—good for bonus beginners.

🧮 Calculate your personalized net value →

How to Qualify

  1. 1Open and deposit $20.00 into a new checking account
  2. 2Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days
  3. 3Sign up for electronic statements
  4. 4Enter promo code NEWCHK26 when applying online or mention when applying in person

📅 Timeline

Day 1

Open Account

Open a new Starting Over Checking account with $20 minimum deposit

Within 90 days

Set Up Direct Deposit

direct deposit

Within 90 days

Debit Transactions

Make 30 debit purchases totaling $150

10-10 days after qualifying

Receive Bonus

Bonus credited to your account

💵 Fees & How to Avoid Them

Monthly Fee$0 ✓
Early Closure Fee$200

If closed within 365 days

⚠️ Things to Watch Out For

  • Early closure fee: $200 if closed within 365 days
  • New customers only - existing customers do not qualify
  • Cannot have had account in past 60 months
  • Promo code required at account opening

You Won't Qualify If...

  • You currently have or previously had an account with this bank
  • You had an account with this bank in the past 60 months
  • You have any existing account with this bank
  • You don't live in: OH

📍 Available States

OH

Membership: live/work/worship/attend school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County (OH).

Ready to Earn $200?

Click below to apply directly on BMI Federal Credit Union's website.

Apply for BMI Federal Credit Union Bonus

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