Find the latest listing of BMI Federal Credit Union promotions, bonuses, and offers here.
Typical offers include their $200 bonuses with a new Checking Account and $100 bonus for referring new members.
Update 4/3/24: The $200 checking offers have been extended through 6/30/24.
BMI Federal Credit Union Promotions Review
Eligibility: Membership is open to anyone through a donation to the Achieva Foundation ($10 minimum). Membership is also open to those who live or work in the Florida counties of Charlotte, Collier, DeSoto, Hernando, Hillsborough, Lee, Manatee, Pasco, Pinellas, or Sarasota and to family members of current members. For more information on eligibility requirements please check out their full list of membership requirements. |
I’ll go over BMI Federal Credit Union offers below.
BMI Federal Credit Union $200 Checking Bonus
- What you’ll get: $200 bonus
- Availability: OH (Bank Locator)
- Direct Deposit Requirement: No
- Credit Inquiry: Mixed Data Points
- Monthly Fees: None
- Early Termination Fee: Bonus forfeit if closed within 6 months.
- How to earn it:
- Enter promo code ADD24 when applying online or mention when applying in person.
- Cash bonus of $100 will be deposited in the member’s savings account within 10 business days after all qualifications have been met.
- The following requirements must be met in the first 90 days after the account is opened:
- 1) Open and deposit $20.00 into a new free checking account.
- 2) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days.
- 3) Sign up for electronic statements.
(Offer expires 06/30/2024)
Editor’s Note: Be sure to check out this alternative link to access this bonus as well.
Fine Print
- Enter promo code ADD24 when applying online or mention when applying in person. Cash bonus of $100 will be deposited in the member’s savings account within 10 business days after all qualifications have been met. The following requirements must be met in the first 90 days after the account is opened: 1) Open and deposit $20.00 into a new free checking account. 2) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days. 3) Sign up for electronic statements. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Offer not valid on Starting Over Checking, Platinum checking, or Business accounts. This offer is not available to those with fiduciary accounts, those who have closed an account within 60 months, or have a negative balance. Checking account must remain open for a minimum of 6 months or the bonus will be debited from the account at closing. Offer cannot be combined with other checking offers. Membership eligibility and account requirements apply. BMI FCU is open to everyone who lives, works, worships, or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County. Federally Insured by NCUA. BMI FCU may amend, suspend, or discontinue this offer at any time without notice. Offer ends June 30, 2024.
BMI Federal Credit Union $100 Referral Bonus
- What you’ll get: $100 bonus
- Availability: OH (Bank Locator)
- Direct Deposit Requirement: No
- Credit Inquiry: Mixed Data Points
- Monthly Fees: None
- Early Termination Fee: Bonus forfeit if closed within 6 months.
- How to earn it:
- To gain the $100 referral cash bonus, refer a friend or family member then they have to mention your name and use the FRIEND22 promo code when opening a new checking account.
- The following requirements must be met in the first 90 days after the account is opened:
- Open and deposit $20.00 into a new free checking account.
- Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days.
- Sign up for electronic statements.
(Offer expires 06/30/2024)
Fine Print
- Refer A Friend Program – Existing Member: Must be a member of BMI FCU for at least 6 months before referring a new member. New member must mention name of referring member when account is opened. Cash bonus of $100 will be deposited to referring member’s savings account within 10 days after the New Member Offer is qualified. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. New Member: Enter promo code FRIEND24 and existing member’s name when applying online or present this card when opening account in person. Cash bonus of $200 will be deposited in the new member’s savings account within 10 business days after all qualifications have been met. The following requirements must be met in the first 90 days after the account is opened: 1) Open and deposit $20.00 into a new free checking account. 2) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days. 3) Sign up for electronic statements. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Offer not valid on Starting Over Checking, Platinum checking, or Business accounts. This offer is not available to those with fiduciary accounts, those who have closed an account within 36 months, or have a negative balance. Checking account must remain open for a minimum of 6 months or the bonus will be debited from the account at closing. Offer cannot be combined with other checking or add-on bonus offers. Membership eligibility and account requirements apply. BMI FCU is open to everyone who lives, works, worships, or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County. Federally Insured by NCUA. BMI FCU may amend, suspend, or discontinue this offer at any time without notice. Offer ends June 30, 2024.
[Expired] BMI Federal Credit Union $150 Checking Bonus
- What you’ll get: $150 bonus
- Availability: OH (Bank Locator)
- Credit Inquiry: Hard Pull
- Credit Card Funding: Unknown
- Early Termination Fee: Loss of bonus, if closed within 6 months
- How to earn it:
- Use promo code NEWCHK21 when applying online or mention when applying in person
- $150 will be deposited in the member’s savings account within 10 business days after all qualifications have been met
- The following requirements must be met in the first 90 days:
- Open and deposit $20.00 into a new free checking account
- Make a minimum of 30 Visa® debit card transactions of at least $5/each in the first 90 days
- Sign up for electronic statements
- When it expires: 12/31/2021
(Expired)
Editor’s Note: If you are a part of BMI Federal Credit Union’s Preferred Employers, you can take advantage of a separate $150 Cash Bonus when you open a new Free Checking Account. This promotional link expired on July 31, 2021.
[Expired] BMI Federal Credit Union $50 Checking Bonus — Employees Only
- What you’ll get: $50 bonus
- Availability: OH (Bank Locator)
- Credit Inquiry: Hard Pull
- Credit Card Funding: Unknown
- Early Termination Fee: Loss of bonus, if closed within 6 months
- How to earn it:
- Use promo code PEG50 when applying either online or in person
- $50 cash bonus will be added to another qualifying promotion
- When it expires: 06/30/2021
(Offer expires June 30, 2021)
How To Avoid Monthly Fees
- Free Checking: None
- Platinum Checking: $4.95 monthly fee, waivable if account balance stays above $2,500.00
- Starting Over Checking: None
Author’s Verdict
To summarize, BMI Federal Credit Union has some of the best promotions, bonuses, and offers in Ohio. However, keep in mind that waiving the monthly service fees can be difficult if you cannot meet the high account requirements.
For more current offers, check out our bank bonuses page. Compare BMI Federal Credit Union rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
PROMOTIONAL LINK | OFFER | REVIEW |
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U.S. Bank Business Checking | $800 Cash | Review |
U.S. Bank Business Checking | $350 Cash | Review |
Chase Business Complete Checking® | $300 Cash | Review |
KeyBank Checking | $200 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $275 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Fifth Third Bank Checking | $200 Cash | Review |
Axos Bank Rewards Checking | $300 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
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