Service Credit Union is a credit union based out of New Hampshire with a bonus offer for folks with a direct deposit to move over.
They were established in 1957 to support the military personnel and their families at Pease Air Force Base but they’ve expanded to more than fifty locations across New Hampshire, North Dakota, Massachusetts, and even Germany.
This is one of the best credit union bonus offers we’ve seen and once you read the details below, you’ll see why.
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How to Join Service Credit Union
As is the case with every credit union, you have to figure out how you can qualify for membership.
Fortunately, there is a long list of ways to qualify but the simplest one is to be a member of the American Consumer Council (ACC).
There is typically a $5 fee but you can use the promo code “Service” to join free of charge.
When you join the ACC, you qualify for membership to Service Credit Union and you can take advantage of the offer below.
Editor’s Note: As of April 1st, 2024, Service Credit union is no longer offering this new account bonus. For other bank bonuses, check out our post on the best bank bonuses and promotions or click here to sign up for our email newsletter and get notified of new bank promotions.
Service Credit Union up to $500 Checking Offer [EXPIRED]
Service Credit Union’s best offer is an up to $500 bonus when you open a new Everyday Checking account and add a direct deposit.
The size of the bonus is based on the amount of your direct deposit. If it’s $1,500 or more per month, you get $500. If you have a smaller direct deposit, you get $200 if your direct deposit is over $500 a month.
The Everyday Checking account has some nice perks including 2-day early pay with direct deposit, discounts on loans, and out-of-network ATM fee reimbursement of up to $30 per month.
Only available to members that do not or have not previously had a checking account with them in the past 12 months.
(Offer expires 3/31/2024)
Previous Service Credit Union Offers
Their lowest, and most modest offer, was one available from April 2023 to June 2024. It was $100 for their checking account if you had a direct deposit of at least $300 per month.
For the first part of 2024, they had a tiered offer where you could get $200 or $500 based on the amount of your direct deposit. The size of the bonus is based on the amount of your direct deposit. If it’s $1,500 or more per month, you get $500. If you have a smaller direct deposit, you get $200 if your direct deposit is over $500 a month. That expired March 31, 2024.
How Does This Offer Compare?
For a direct deposit bonus, you won’t find an offer better than this one. $500 for a $1,500 direct deposit is one of the best one’s we’ve seen. Even when you compare it with commercial banks, it’s a good offer.
Also, the checking account itself is a good product. Two day early pay is a nice feature that you usually associate with fintech “cash management” accounts, not traditional checking accounts. Also, the ATM reimbursement is quite generous.
U.S. Bank – up to $450
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through December 31, 2024. Member FDIC.
Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.
BMO Checking – $300
BMO is offering a $300 bonus* when you open a BMO Checking account and have $4,000 in direct deposits within 90 days of opening. It is a very straightforward offer that is available nationwide.
*Conditions apply
Bank of America – $300 Bonus Offer
Bank of America offers a $300 Bonus Offer cash bonus if you open a new account and Set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer. It has a monthly fee that is easy to have waived.
Chase Total Checking® – $300
Chase Bank will give you $300 when you open a Total Checking account and set up and receive direct deposits totaling $500 or more within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
Service CU had a Bonus for New accounts It ended 3/31/24, but I was able to open this account before they closed it. I followed there requirements which were fairly simple. They had a quick payment of Bonus after meeting the conditions. I will keep this account open due to their service.