People Driven Credit Union Bonus: Get $200 With New Checking Account

Get a $200 bonus by opening a new checking account at People Driven Credit Union. Just set up a direct deposit within 30 days to qualify!

Introduction

Are you looking to boost your banking benefits this year? Consider opening a new checking account with People Driven Credit Union. By simply setting up a recurring direct deposit from your employer or an outside agency, you can earn a $200 bonus.

People Driven Credit Union, founded in 1928 as Detroit Federal Employees Credit Union, is a member-owned, full-service financial institution dedicated to serving federal employees in the Detroit area and their families, focusing on comprehensive money management solutions.

Ready to add some extra cash to your account? Let’s dive into the details and get you started on securing your bonus today!

People Driven Credit Union Checking Account Bonus Offer

• What you’ll get: $200
• Where it’s available: MI
• How to earn it:
  • Become a Member: Ensure eligibility and join People Driven Credit Union.
  • Open a Qualifying Account: Start a new qualifying checking account.
  • Set Up Direct Deposit: Arrange a recurring direct deposit from your paycheck or other monthly income within 30 days.
  • Wait for the Bonus: The $200 is credited within 120 days after establishing direct deposit.
  • Keep Account Open: Maintain the account for at least six months to retain the bonus.
• When it expires: None listed

Waive The Monthly Fee

This checking account has no monthly fees.

READ MORE: GET TOP OFFERS FROM CHASE, AXOS, AND BMO.

Fine Print

• To qualify for the $200 cash bonus, you must be a member, open a qualifying checking account with People Driven Credit Union (“PDCU”), and meet the deposit conditions outlined below.
• You must also set up a recurring direct deposit into your new PDCU checking account within 30 days of account opening.
• A qualifying direct deposit is defined as a recurring electronic deposit made by an employer or an outside agency.
• Transfers from one account to another or deposits made at a branch or ATM do not qualify.
• The $200 cash bonus will be credited to your PDCU checking account within 120 days of meeting the direct deposit requirement.
• If your checking account is closed within six months of opening, PDCU reserves the right to deduct the bonus amount from the account at the time of closing.
• Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
• This promotion is subject to change or termination at any time without notice.
• PDCU may discontinue or modify the offer if any factor interferes with its proper conduct.
• This offer cannot be combined with any other checking account promotion.
• PDCU reserves the right to determine the eligibility of any account for the bonus.
• By participating in this promotion, you agree to be bound by these terms and conditions.
• Please contact PDCU for further details or clarification.

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Our Take On the Bank Offer

I find the People Driven Credit Union (PDCU) offer of a $200 bonus to be quite appealing. The bonus amount itself is competitive compared to what you might find with other credit unions in Michigan. It’s a solid opportunity, especially if you’re looking to establish a relationship with a credit union that values long-term membership.

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By John Huynh, with over two decades in finance and investing, including as a Senior Finance & Operations Manager at a renowned research institute and degrees in Economics and International Studies from UC Irvine. Edited by Tony Jay, an experienced finance blogger and Executive Editor with two decades in banking, specializing in online banking and savings strategies. Tony holds a doctorate from Tulane University.