Check out this updated list of MECU promotions, bonuses, and offers!
Currently they have a $200 checking account bonus when you open a checking account and complete certain requirements.
MECU Promotions Review
MECU was established in 1936 and since then has grown to multiple branches located in the Baltimore area. The credit union offers personal and business banking services, as well as insurance and investment planning guidance. At MECU they take pride in being different from the others by putting their members first.
| Eligibility: Membership in MECU is open to anyone through joining the American Consumer Council through the credit union. Membership is also open to those who live, work, attend school, or worship in the City of Baltimore, Maryland and to employees of Dixie Manufacturing, Alter Communications and to over 100 Select Employer Groups in the Baltimore area. |
I’ll go over MECU offers below.
MECU $200 Checking Bonus
What you’ll get: $200 bonus- Availability: MD (Bank Locator)
- Direct Deposit Requirement: Yes, $500+ for two consecutive months
- Credit Inquiry: Hard Pull, possibly soft pull now
- Monthly Fees: None
- Early Termination Fee: Six months, bonus forfeit
- How to earn it:
- Get $200 when you open a CashBack or Reward Checking Account
- Enroll in eStatements
- Complete 12 or more Debit Card purchases
- Establish direct deposit of at least $400
(Expires 07/27/2023)
| Truist Checking ($400 bonus) | KeyBank Checking ($300 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
Fine Print
- Eligibility Requirements: This offer is valid for new consumer CashBack Checking and RewardChecking accounts. This offer is intended for new checking members only. You are not eligible for this offer if you are a current owner of a MECU consumer checking account as of May 26, 2023. Business and Fiduciary accounts are not eligible for this offer. Annual Percentage Yield (APY) for RewardChecking: if qualifications are met each monthly qualification cycle, balances up to $10,000 receive APY of 5.00%, and portion of balance $10,000 and over earns 0.20% APY, resulting in 0.20% – 5.00% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY for that cycle; APY for CashBack Checking is 0%. Rate information accurate as of May 26, 2023, and subject to change without notice.
- Bonus Requirements: To receive a $200 bonus, open a new, eligible MECU consumer checking account with a minimum opening deposit of $25 by July 27, 2023. All account applications are subject to approval. In the next checking cycle after account opening, complete the following qualifying activities: 1) receive a cumulative monthly total of $400 or more in qualifying direct deposits to the checking account; 2) complete 12 or more debit card purchases; and 3) enroll in paperless eStatements. A qualifying direct deposit is the member’s salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) by your employer or third party.
- Bonus Payment: We will deposit the bonus into your new checking account approximately 30 days after validating all offer requirements have been met. The new checking account must maintain a minimum balance of $1 or more to receive any earned bonus payment. You are responsible for any federal, state, or local taxes due on the bonus, and we will report as income to the tax authorities if required by applicable law. Consult your tax advisor. If the checking account is closed within six months of account opening, MECU reserves the right to deduct the bonus from the account at the time of closing. Offer is non-transferable and cannot be combined with other offers. This offer is subject to change and may be discontinued at any time without prior notice. MECU membership eligibility required.
[Expired] MECU $150 Checking Bonus
- What you’ll get: $150 bonus
- Where it’s available: MD
- How to earn it:
- Open a new consumer checking account with opening deposit of $25
- For two consecutive months after account opening, meet these requirements:
- Receive a cumulative monthly total of $500 or more in qualifying direct deposits to the checking account
- Complete 12 or more debit card purchases
- Enroll in paperless e-Statements.
- You will receive bonus amount within 30 days after you meet requirements
- When it expires: 10/31/2019
(Expires October 31, 2019)
| Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
| SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
How to Avoid Monthly Fees
- Cashback Checking: None
- RewardChecking: None
- Basic Checking: None
- Simple Business Checking: $12 monthly fee. Maintain a $1,000 daily ledger balance to avoid the monthly account fee
- Access Business Checking: $16 monthly fee. Maintain a $2,500 daily ledger balance to avoid the monthly account fee
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Author’s Verdict
MECU has a $200 bonus to help you earn money and maintain your finances. With a great checking account with no monthly fees, I highly recommend this offer.
For more current offers, check out our bank bonuses page. Compare MECU 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 |
| HSBC Premier Checking Member FDIC | Up to $2,500 Cash | Review |
| Chase Private Client | $3,000 Cash | Review |
| U.S. Bank Business Checking | $900 Cash | Review |
| U.S. Bank Business Checking | $400 Cash | Review |
| Chase Business Complete Checking® | $300 Cash | Review |
| KeyBank Key Smart Checking® | $300 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 | $325 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 | $400 Cash | Review |
| Axos Basic Business Checking | $400 Cash | Review |
| Axos Business Interest Checking | $400 Cash | Review |
| Axos Bank Business Premium Savings | $375 Cash | Review |
Editor Rating
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