INOVA Federal Credit Union is offering a $250 checking account bonus when you open a new checking account and complete qualifying direct deposit and debit card requirements. The offer is available to both new and existing INOVA members who are opening a new checking account.
The promotion is available through November 30, 2026.
The offer is only available locally. If you’re looking for offers available nationwide, check out our top picks here—including huge offers from Chase, CIT Bank and Axos Bank that you won’t want to miss!
INOVA Federal Credit Union $250 Checking Bonus
- Bonus: $250
- Account: INOVA Checking Account
- Minimum Opening Deposit: $10
- Direct Deposit Requirement: One direct deposit of at least $200
- Debit Card Requirement: 8 transactions
- Qualification Period: First 60 days after account opening
- Bonus Posting: Within 14 days after completing the requirements
- Expiration Date: November 30, 2026
- Membership: INOVA Federal Credit Union membership required
How to Earn the $250 Bonus
To qualify for the INOVA Federal Credit Union $250 checking bonus:
- Open a new INOVA checking account with a minimum opening deposit of $10.
- Receive at least one qualifying direct deposit of $200 or more within the first 60 days of opening the account.
- Make at least 8 debit card transactions within the same 60-day period.
- After completing the requirements, INOVA will deposit the $250 cash bonus into your checking account within 14 days.
Who Is Eligible?
The promotion is available to new and existing INOVA Federal Credit Union members age 18 or older who open a new checking account.
You won’t qualify if your INOVA account was closed within the previous 90 days or if a previous account was closed with a negative balance.
There is a limit of one offer per household. Members are also limited to no more than two checking account bonus payments over the lifetime of their INOVA Federal Credit Union membership.
Membership with INOVA Federal Credit Union is required, and all accounts are subject to approval.
When Will the $250 Bonus Post?
Once you’ve completed both the direct deposit and debit card requirements, INOVA states that the $250 bonus will be deposited within 14 days.
Since you have 60 days to complete the requirements, it’s a good idea to complete the direct deposit and debit card transactions as early as possible.
INOVA Checking Account Features
Depending on the checking account you select, features may include:
- Competitive dividends
- Cash Back Rewards
- Free digital banking
- Free Visa debit card
- Access to more than 5,000 service centers
- Access to more than 30,000 surcharge-free ATMs
- Optional overdraft line of credit protection
- Up to $10 for unused checks and debit cards from another financial institution
INOVA checking accounts require only a $10 minimum opening deposit.
See the Best Checking & Savings Account Bonuses and Start Earning Free Cash Today
Our Verdict
This is a very easy $250 checking bonus considering the relatively low requirements.
You only need one $200 direct deposit and 8 debit card transactions within 60 days. That’s considerably easier than checking bonuses that require thousands of dollars in direct deposits.
The $10 minimum opening deposit is also negligible. If you’re eligible for INOVA Federal Credit Union membership and haven’t exhausted the lifetime bonus limit, this is a strong checking promotion to consider.
Important Fine Print
The offer expires November 30, 2026.
The $250 bonus may be considered taxable income and reported on IRS Form 1099-INT or Form 1042-S, when applicable.
Additional requirements may apply depending on the checking account product selected. All accounts are subject to approval, and you must be approved for a checking account before becoming eligible for the promotion.
INOVA Federal Credit Union membership is required. Deposits are federally insured by the National Credit Union Administration (NCUA) to applicable limits.
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