[MN] Mid Minnesota Federal Credit Union $300 Checking Bonus

Update 6/1/25: Available again. Hat tip to snailrock

Offer at a glance

• Maximum bonus amount: $300
• Availability: MN
• Direct deposit required: No
• Additional requirements: 12 debit card purchases, eStatements
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Six months, $300
• Household limit: None
• Expiration date: None

The Offer

Direct link to offer

• Mid Minnesota Federal Credit Union is offering a $300 checking bonus when you open a new checking account and complete the following requirements:
  • One ACH debit or credit
  • 12 debit card purchases
  • Receive eStatements

The Fine Print

• The $300 bonus for a new Kasasa checking account will be earned after 60 days if account qualifiers are met.
• The $300 bonus will be paid within 30 days of meeting the requirement (approximately 90 days after opening the account).
• No minimum balance is required to earn the bonus or open a Kasasa account.
• The $300 bonus is reportable income for which you will receive a tax document.
• A $300 penalty will be imposed if the checking account is closed in the first six months.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Early Account Termination Fee

Account needs to be kept open for 6 months otherwise bonus is forfeit.

Our Verdict

Requirements seem easy to meet but we need to know if it’s a hard or soft pull first.

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?
• 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