Looking for a unique new checking account promotion? MECU Credit Union is offering eligible new members the opportunity to earn a 55-inch TV by opening a new checking account and meeting a simple direct deposit requirement. On top of that, approved MECU Visa® Rewards cardholders can earn 3X Rewards Points on eligible purchases during their first 90 days.
If you’re planning to switch your primary checking account, this promotion could provide significantly more value than a traditional cash bonus.
MECU Promotion at a Glance
| Reward | 55″ TV |
|---|---|
| Account | New MECU Checking Account |
| Direct Deposit Requirement | $750+ in qualifying direct deposits |
| Qualification Period | Within 60 days of account opening |
| Bonus Delivery | Within 30 days after requirements are verified |
| Additional Offer | 3X Rewards Points for 90 days on approved MECU Visa® Rewards Card |
How to Earn the 55″ TV
To qualify for the promotion:
- Become an eligible MECU member.
- Open a new MECU checking account.
- Receive at least $750 in qualifying direct deposits during a calendar month, with the deposits received within 60 days of opening your checking account.
- Keep your account open and in good standing until the reward is fulfilled.
Once MECU verifies you’ve met all requirements, your TV will be available within 30 days.
Important: The television must be picked up at the branch where you opened your account.
Trending Checking Account Deal:
Qualifying Direct Deposits
Eligible direct deposits include recurring electronic deposits such as:
- Payroll from an employer
- Government benefits (including Social Security)
- Pension payments
- Other verified third-party payroll or benefit deposits
The following do not qualify:
- Transfers between your own accounts
- Zelle
- Venmo
- Cash App
- Mobile check deposits
- ATM deposits
- Cash deposits
- Other non-payroll credits
Bonus Credit Card Offer
If you’re approved for a MECU Visa® Rewards Credit Card, you’ll also receive:
- 3X Rewards Points on eligible purchases
- Valid during your first 90 days after account opening
After the promotional period ends, the card will earn rewards according to MECU’s standard rewards program.
Credit approval is required.
Who Is Eligible?
This promotion is available to:
- New MECU members
- Individuals 18 years or older
- Members who meet MECU’s field of membership requirements
Because MECU is a credit union, you’ll first need to qualify for membership and open the required membership savings account.
Important Terms
A few details worth noting:
- Minimum qualifying direct deposits: $750
- Deposits must be received within 60 days of opening the checking account.
- The TV is subject to availability, and the model or retail value may vary.
- Reward must be picked up in person at the opening branch.
- One promotional bonus per person.
- Account must remain open and in good standing.
- The value of the TV may be reported as taxable income.
Is This Promotion Worth It?
Unlike many bank promotions that offer cash bonuses, MECU’s offer gives you a 55-inch television, which could be worth several hundred dollars depending on the model provided.
Pros
- Potentially valuable 55″ TV reward
- Only $750 in qualifying direct deposits required
- Additional 3X credit card rewards
- Relatively straightforward qualification requirements
Cons
- Reward is a television instead of cash
- TV model and retail value may vary
- Requires branch pickup
- Membership eligibility required
- Credit approval needed for the rewards card promotion
See the Best Checking & Savings Account Bonuses and Start Earning Free Cash Today
Final Thoughts
If you’re eligible to join MECU and don’t mind receiving a television instead of cash, this is one of the more unique checking account promotions currently available. The direct deposit requirement is relatively modest at $750, and the additional 3X Rewards Points promotion can provide even more value if you’re approved for the MECU Visa® Rewards Credit Card.
For anyone already considering switching their primary checking account, this promotion is worth a closer look.
Important Terms
- Reward: 55″ TV
- Account: New MECU Checking Account
- Direct Deposit Requirement: $750+ during a calendar month within 60 days of account opening
- Reward Delivery: Within 30 days after qualification
- Additional Bonus: 3X Rewards Points for approved MECU Visa® Rewards Card during the first 90 days
- Account Status: Must remain open and in good standing
- Limit: One promotional reward per person
- Tax Note: The TV may be considered taxable income and reported to the IRS.
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