[FL] Community Credit Union Florida $500 Checking Bonus

Update 1/10/25: Deal is back, no end date listed. This time the checking bonus is $500 instead of $300 + $200 savings. 

Update 3/29/25: Extended to December 31, 2025

Update 11/2/24: Deal is back and valid until March 28, 2025

Update 8/24/24: Deal is back and valid until November 1, 2024. 

Update 5/25/24: Deal is back, there is also a $200 savings bonus now as well. Valid until August 2, 2024. 

Offer at a glance

• Maximum bonus amount: $500
• Availability: Restricted to the following FL counties: Brevard, Polk, Osceola, Volusia, Orange, Indian River
• Direct deposit required: Yes, $500+
• Additional requirements: See below
• Hard/soft pull: Hard pull
• ChexSystems: Unknown
• Credit card funding: Unknown 
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: April 26, 2024

The Offer

Direct link to offer

• Community Credit Union Florida is offering a $500 checking bonus when the following requirements are met:
  • Open a new checking account with CCU Florida.
  • Establish a direct deposit within 60 days of account opening. Bonus you receive is equal to the direct deposit amount, up to $500
  • Mention or Enter Promo Code: MK-CHECKING
• There is also a $200 savings bonus when the following requirements are met:
  • Open a new savings account with CCU Florida with promo code MK-$300Checking
  • Deposit a total of $15,000 or more into the new CCU Florida Share Savings account within 30 days of account opening.
  • Maintain a balance of $15,000 or more for 90 days.
  • Available for Membership Share Savings and Premium Share Savings only.

The Fine Print

• The promotional code MK-$300Checking must be mentioned at time of account opening or entered as a promo code in the online application when applying online.
• Checking offer is not available to existing CCU Florida checking account holders or those who have closed an account within the past 12 months.
• Savings offer is not available to existing CCU Florida savings account holders and requires a new checking account be established to receive the savings bonus.
• To receive the checking bonus, you must: 1) Open a new CCU Florida checking account, which is subject to approval; 2) Establish a monthly direct deposit of $2,500 or more into your account within 60 days of account opening and continue the monthly direct deposit of $2,500 or more into your account for 90 days. Direct deposit needs to be an electronic deposit of a paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Transferring money from an outside account or using a person-to-person transfer through a service such as Zelle® are not considered a direct deposit; Incentive payout will be posted by the 5th of the month, following the 90 days after meeting the above requirements.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Free checking plus has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find the fee schedule to check for an EATF.

Our Verdict

Better than the previous $100/$125 bonus. It’s a shame it’s a hard pull but that is less of an issue for most people these days so we will add it to the best bank account bonus page.

Useful posts regarding bank bonuses: