Elements Financial Credit Union has increased its welcome offer for new checking accounts.
Now, when you open a new account and meet certain conditions, you can qualify for a $400 bonus (it was previously $200).
Use promo code CHECK400 during the account setup and arrange for a recurring direct deposit of at least $500 within the first 60 days of account opening.
Elements Financial most notably has their High Interest Checking account that’s worth a look. We’ll review the current offers below.
See the Posts History below for all Elements Financial’s offers.
Elements Financial $400 Checking Account Bonus
- What you’ll get: $400
- Where it’s available: Nationwide
- How to earn it:
- Open a New Checking Account:
- Start by opening a new checking account with Elements Financial Credit Union.
- Use the Promo Code:
- During the account opening process, make sure to use the promo code CHECK400. This code is essential to qualify for the bonus.
- Set Up a Recurring Direct Deposit:
- Arrange for a recurring direct deposit into your new account. This direct deposit should be at least $500.
- Ensure that the direct deposit is established within 60 days of opening the account.
- Open a New Checking Account:
- When it expires: None listed
Waive The Monthly Fee
Their Basic Checking comes with no monthly Maintenance Service Charge under the following conditions: if you establish a direct deposit, maintain a combined balance of $10,000 or more across your savings, checking, and loan accounts, or if you are aged 50 and above or under 25. If these conditions are not met, a $5 monthly Maintenance Service Charge will apply.
- Basic Checking $400 Cash Bonus Offer — Requires a recurring minimum direct deposit of $500 or more to post to the account monthly within 60 days of account opening. Example: If account is opened on January 25, 2024, a minimum direct deposit of $500 or more must post at least 2 times prior to March 25, 2024.
- Direct deposit is defined here as an electronic deposit of your paycheck from your employer, retirement/pension benefits, or government benefits (such as social security). Person to Person (P2P) payments such as Zelle© and transfers from external accounts are not considered direct deposits.
- Cash bonus will be fulfilled as a one time, $400 taxable bonus dividend deposit into your Basic Checking account.
- If the Basic Checking account is closed within six months, we reserve the right to deduct the cash bonus from your account. Health Savings Account and existing Elements checking accountholders not eligible.
- Offer subject to membership approval.
- Additional terms and conditions may apply. Elements reserves the right to amend or discontinue offers at any time.
- Please allow 4-6 weeks after qualifications are met for receipt of cash bonus.
- Product offers cannot be combined with other promotional offers for the same product.
- One offer per household. Fees may reduce earnings.
For anyone who meets the criteria and is in the market for a new checking account, this offer from Elements Financial Credit Union is definitely worth considering.
The increased bonus amount from the previous offer signals Elements Financial’s commitment to providing value to their customers.
Posts History for Elements Financial: