Replace 10/11/25: Deal is again by means of 11/30/25

Prolonged to six/30/25

Replace 3/5/25: Phrases now state ‘Supply is restricted to Colorado residents’

Supply at a look

• Most bonus quantity: $350
• Availability: CO
• Direct deposit required: Sure, $500+ monthly for 2 months
• Further necessities: See beneath
• Laborious/gentle pull: Mushy
• ChexSystems: Unknown
• Bank card funding: As much as $2,500 (beforehand $10,000)
• Month-to-month charges: No
• Early account termination payment: 12 months, bonus forfeit
• Family restrict: One
• Expiration date: Might 31, 2025

The Supply

Direct hyperlink to supply

• Elevations Credit score Union is providing a $350 bonus while you open a brand new checking account and full the next necessities:
  • Use promo code ECU350
  • Enroll in on-line banking.
  • Arrange direct deposit with at the least $500 monthly for 2 month

The Advantageous Print

• Checking money bonus is just not obtainable to present members, Elevations Credit score Union staff, Elevations Board Members, or customers who’ve been closed with a unfavorable steadiness.
• Restrict one supply per New Membership and checking account.
• Restrict one bonus per family, per lifetime. To obtain the money bonus, open a brand new Elevations Free Checking, Buff One Checking or Dividend Checking account. Ceaselessly Buffs checking doesn’t qualify for this supply. Member should have direct deposit(s) totaling $500 monthly for 2 consecutive months following the open date of the account. Direct deposit should be new to Elevations Credit score Union and should be payroll, pension, Social Safety or different recurring authorities advantages. Member should log into on-line banking. All necessities should be met inside 90 days of account opening. The money bonus will likely be deposited into the brand new checking account inside 30 days of the ultimate qualifying requirement if the account opened is in good standing (i.e., is just not overdrawn or at a zero steadiness). We reserve the correct to substitute the bonus provided at any time with an merchandise of comparable worth. Restricted time bonus. The $350 money bonus is taken into account curiosity and is topic to IRS and different tax reporting.
• The money bonus may be revoked if the account is closed inside twelve (12) months of opening date.
• Supply expires Might 31, 2025.
• Qualifying direct deposits: Qualifying deposits are common, periodic automated clearing home (ACH) credit, which can embrace payroll, wage, pension or authorities funds (similar to Social Safety).  Deposits that DO NOT QUALIFY are these by means of the Actual-Time Funds (RTP) community, funds by means of peer-to-peer networks similar to PayPal, Zelle, Venmo or others, transfers from one other Elevations deposit account, voided transactions, dividends, mortgage funding, changes, and micro-deposits (deposits sometimes lower than $1 despatched to your account to confirm it’s the appropriate account).
• All checking account bonuses are handled as revenue/curiosity and as such it’s a must to pay taxes on them

Avoiding Charges

Month-to-month Charges

This account has no month-to-month charges

Early Account Termination Charge

Bonus forfeit if closed inside 12 months

Our Verdict

Beforehand there was a $100 bonus, however that was for College of Colorado college students solely. This can be a a lot larger bonus and open to extra as effectively. Will add this to our checklist of the finest checking account bonuses.

Hat tip to Lobster

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