Update 3/23/25: Deal is back and valid until 7/1/25. Hat tip to Woody
Offer at a glance
- Maximum bonus amount: $200
- Availability:Anyone that lives or works in Central or Southern Indiana is eligible to join. Counties in our field of membership include: Bartholomew, Blackford, Boone, Brown, Clark, Clay, Clinton, Decatur, Delaware, Floyd, Fountain, Gibson, Grant, Greene, Hamilton, Hancock, Harrison, Hendricks, Henry, Howard, Huntington, Jackson, Jay, Jefferson, Jennings, Johnson, Lawrence, Madison, Marion, Miami, Monroe, Montgomery, Morgan, Owen, Parke, Posey, Putnam, Randolph (Jackson or Wayne Townships), Ripley, Rush, Scott, Shelby, Tippecanoe, Tipton, Vanderburgh, Vigo, Warrick, and Wayne counties in Indiana, and Henderson County in Kentucky.
- Direct deposit required: Yes, $400+
- Additional requirements: See below
- Hard/soft pull: Hard pull
- ChexSystems: Yes
- Credit card funding: Yes, $1,000+
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: January 31, 2025
The Offer
- Indiana Members Credit Union is offering a $100 bonus when you open a new checking account and complete the following requirements:
- Add a FREE Regular or Preferred Checking Account2 using promo code “IMCU200” online at IMCU.COM (select “Open an Account,” then “New Account/Add to Existing Account”) or by calling Member Services at 800.556.9268
- Set up your direct deposit with your employer coming into your new IMCU checking account. Hurry – this exclusive offer expires January 31, 2025
- After 2 payrolls deposit to your account, your $200 bonus will be automatically deposited!
The Fine Print
- New checking account and new net direct deposit required. Account must remain open at least 1 year or bonus will be debited at closing.
- $200 will be deposited into the new checking account after two payrolls have posted to the account.
- Direct deposit minimum of $400 per deposit required. Limited time offer expires 1.31.2025.
- 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 a fee schedule.
Our Verdict
Hat tip to reader Woody
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?
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