Bellco's $100 Checking Bonus: A Straightforward Colorado Deal

If you're in Colorado and looking for a simple checking account bonus, Bellco Credit Union has a $100 offer that's worth a look. It's not the flashiest promotion out there, but sometimes straightforward is exactly what you need. Let's break down what this deal actually involves and whether it makes sense for your situation.

What Exactly Do You Need to Do?

The requirements are refreshingly simple. First, you need to open a new qualifying checking account with Bellco. This means you can't already have a Bellco checking account in your name.

Once the account is open, you have 90 days to get two 'qualifying direct deposits' posted and cleared. According to Bellco's official terms, a qualifying deposit is defined as a recurring electronic deposit of income—think your regular paycheck, Social Security benefits, pension payments, or similar regular monthly income from an employer or outside agency.

That's really it. There's no minimum balance requirement to keep in the account beyond whatever's needed to open it, and there are no monthly maintenance fees to worry about dodging.

The Fine Print You Shouldn't Skip

Before you get started, there are a few crucial details to consider. The most important one is eligibility. Bellco is a credit union, so membership is restricted. You generally need to live, work, worship, or attend school in certain Colorado counties. The list includes Adams, Arapahoe, Boulder, Denver, and several others. Always double-check your specific county on their website before you begin the application.

Also, be prepared for a hard credit inquiry. Like most banks and credit unions, Bellco will likely check your credit when you apply for a checking account. This can cause a small, temporary dip in your credit score.

Finally, while the bonus terms don't specify a household limit, it's always wise to read the most current promotion details on their official page. Offers can change, and you want to be sure you're following the rules that are in effect when you apply.

Is This Bonus Right For You?

This offer shines in its simplicity. If you're a Colorado resident who already uses direct deposit for your income, earning the $100 is practically automatic. You're just redirecting money you were already going to get. The lack of monthly fees is a big plus, meaning you won't feel pressured to close the account immediately after getting the bonus if you find the service useful.

However, it's not the highest bonus available nationally. If you're someone who enjoys chasing the biggest bank bonuses and doesn't mind more complex requirements, you might find larger offers elsewhere. Also, if you don't use direct deposit—maybe you're self-employed or your employer doesn't offer it—this bonus will be out of reach.

Think of it as a solid, low-effort option for Coloradoans. It's a nice perk for setting up a new local account, especially if you value banking with a community-focused institution.

A Quick Word on Their Other Promotions

While we're focusing on the $100 direct deposit bonus here, it's worth noting Bellco runs other promotions. They sometimes have a $200 bonus for referrals, where an existing member refers a friend who opens an account. They've also offered student checking bonuses in the past.

These offers often have different requirements and expiration dates. My advice? Don't mix them up. If you're going for the $100 bonus discussed here, focus solely on meeting those specific terms. Trying to combine offers or assuming the rules are the same can lead to disappointment. Always use the official link for the promotion you intend to pursue.

Bottom Line

• A simple $100 bonus for Colorado residents who can meet basic direct deposit requirements.
• No monthly fees make this a low-pressure account to open and keep.
• Always verify your county eligibility with Bellco before applying to avoid rejection.
• Perfect for those who want a straightforward bonus without jumping through a lot of hoops.

Common Questions