Rewards Checking $300 Bonus + 5% APY — My Cash Weblog


Rewards Checking 0 Bonus + 5% APY — My Cash Weblog

Connexus Credit score Union has a $300 bonus for his or her Xtraordinary Checking Account, which is a “Rewards” checking account that requires numerous debit card transactions and different actions to earn a particular fee (presently 5% APY). Anybody can be a part of this credit score union by way of associate group Connexus Affiliation for a one-time $5 charge. Listed below are the promo highlights:

  • Should open a brand new Xtraordinary Checking Account between 9/08/2025 and 11/09/2025 with promo code XTRABONUS. People who beforehand had a Connexus Checking Account are eligible, as long as the account closure occurred earlier than 7/01/2025.
  • Meet the next account necessities for 2 month-end intervals inside 120 days of account opening:
    • Make 15 debit card purchases or accumulate $500 in debit card spending.
    • Be subscribed to eStatements.
    • Make one month-to-month deposit of not less than $500 from both a direct deposit or an ACH deposit.
  • Bonus will probably be based mostly in your common day by day stability throughout the two qualifying months:
    • $0 bonus: $999.99 or much less
    • $100 bonus: $1,000.00 – $4,999.99
    • $200 bonus: $5,000.00 – $9,999.99
    • $300 bonus: $10,000.00 or extra

Notably, the “month-to-month deposit” doesn’t should be a Direct Deposit of payroll. ACH transfers depend. From their fantastic print:

What qualifies as a month-to-month direct deposit or an ACH deposit (from a non-Connexus account) into my Xtraordinary Checking Account?
Some instance deposits for this account requirement embody direct deposit from payroll, retirement advantages, or authorities advantages.

Moreover, you need to use Connexus Digital Banking to hyperlink to an exterior account at a unique monetary establishment and switch funds into your Xtraordinary Checking Account every month to satisfy the ACH deposit requirement.

I presently have my direct deposit going to a different establishment. Can I arrange a month-to-month $500 ACH switch from my different monetary establishment to satisfy this account requirement?
Sure, this is able to meet the month-to-month direct deposit account requirement. Please contact us to make sure you have the proper info to arrange your ACH switch.

In addition to the bonus, these identical month-to-month necessities can even qualify you for the highest 5.00% APY fee on balances as much as $25,000. This implies you may get each. The checking account has no month-to-month charges and no minimal stability requirement. They provide a helpful software to be sure you are qualifying.

Technically, you possibly can earn the $300 bonus with a $10,000 stability held for less than 2 months (say 60 days) and even much less when you end the qualifying actions inside a partial month (like the remainder of September after which October). $300 on $10,000 held for 60 days is eighteen% APY annualized. You’d even be getting the 5% APY fee as properly with qualifying actions.

Connexus CU has traditionally provided some aggressive CD charges up to now. Readers at DoC report that they’re tight on id verification and thus could ask for a utility invoice, Social Safety card, and so forth. I like that you just don’t have to change over your direct deposit for this bonus, though you do should make a bunch of debit card purchases. Amazon $1 purchases and Self-checkout are your good friend!

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