Addition Financial Credit Union has two bonuses available to new members.
They were founded in 1937 and based out of Lake Mary, Florida. As a credit union, they have membership requirements and it is a geographic one. It extends to anyone who lives, works, worships, attends school or vocational training, or is an alum of any college, university, or educational institution located in Orange, Osceola, Seminole, Lake, Alachua, Brevard, Duval, Clay, Flagler, Hernando, Highlands, Hillsborough, Indian River, Manatee, Marion, Martin, Okeechobee, Pasco, Pinellas, Polk, Putnam, Sarasota, St. Johns, St. Lucie, Sumter, or Volusia County. There doesn’t appear to be an alternate way to join.
If eligible, to join you also need to pay a $10 one-time-only lifetime membership fee.
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Addition Financial $50/$100 Bonus
Addition Financial has two offers, a $100 bonus for Benefits Checking and a smaller $50 bonus for their Classic Checking.
For the Benefits Checking account, you need to add a direct deposit with a monthly cumulative deposit amount of $2,000 or more OR make at least 20 debit card transactions (of $10 or more) a month within the first 60 days.
The Benefits Checking account has a $15 monthly service fee that is waived if you meet the direct deposit or debit card transaction requirements.
For the Classic Checking account, you need to add a direct deposit with a monthly cumulative deposit amount of $1,000 or more OR make at least 10 debit card transactions (of $10 or more) a month within the first 60 days.
The Benefits Checking account has a $5 monthly service fee that is waived if you meet the direct deposit or debit card transaction requirements.
The account must remain open for at least 90 days.
👉 Learn more about Addition Financial
(Offer expires 1/1/2025)
How Does This Bonus Compare?
The bonus is easy to accomplish, especially if you go the debit card transaction route, but the amount is relatively low. Also, the limited geographic footprint makes this a bit more challenging.
$50 and $100 are nice to have bonuses (though you do have to pay a $10 membership fee) if you already planned on getting an account there but otherwise these may be better offers:
U.S. Bank – up to $400
Earn up to $400 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through June 27, 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 Relationship Checking – $500 Cash (plus optional $100 gift card)
BMO Bank is offering a $500 Cash (plus optional $100 gift card) bonus* when you open a BMO Relationship Checking and when you have at least $7,500 in qualifying direct deposits within the first 90 days. 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!