Snag a $225 Bonus from Campus Federal Credit Union in Louisiana

Hey there! If you're in Louisiana and looking for a solid checking account bonus, Campus Federal Credit Union has a pretty attractive deal on the table right now. We're talking about a $225 Mastercard reward card just for opening a specific account and meeting some direct deposit requirements. It's a limited-time offer, so let's break down exactly what it takes to qualify and whether it's a good fit for you.

Who Can Actually Join This Credit Union?

This isn't a nationwide, open-to-anyone offer. Campus Federal serves specific communities in Louisiana. You'll need to qualify for membership first.

Typically, eligibility extends to folks affiliated with LSU, certain business partner groups, or their family members. If that's not you, don't click away just yet. You might still qualify if you live, work, or worship in Baton Rouge, Orleans Parish, or the Shreveport metro area (which includes Caddo, Bossier, and Webster Parishes).

There's also a potential workaround: if you're a Louisiana resident but don't fit the other categories, you may be able to join through the American Consumer Council (ACC), a nonprofit consumer advocacy group. You'd need to enroll with them first, which might involve a small fee, so factor that into your bonus calculation.

The Step-by-Step to Get Your $225

This bonus has a few moving parts, and missing one step could cost you the reward. Here's the exact sequence you need to follow.

• **Register First:** This is crucial. You must sign up for the promotion using the code CFCU4YOU on their referral site before you open your account. Don't skip this!
• **Become a Member & Open the Account:** Once you've confirmed your eligibility, join the credit union and open the 'Lagniappe Lite' checking account. You must open this specific account type to qualify.
• **Timing is Everything:** The clock starts ticking fast. You need to get that Lagniappe Lite account opened within your first 30 days as a new member.
• **Hit the Direct Deposit Target:** After opening, you have 90 days to receive two separate direct deposits. Each one must be at least $500. Think paychecks, government benefits, or pension payments—typical ACH transfers from another bank usually don't count.
• **Keep It Open:** Don't close the account right after the deposits hit. You must maintain it in good standing (no overdrafts or issues) for a full 120 days from opening to receive the bonus.

Practical Tips and Potential Pitfalls

A $225 bonus is nothing to sneeze at, but you've got to navigate this carefully. Here's what to watch out for to ensure you actually get paid.

• **Read the Fine Print on 'Good Standing':** The offer states you won't get the bonus if your account is 'in default, closed, or suspended' before the reward arrives. Avoid overdrafts and any account fees that could cause problems.
• **Confirm Direct Deposit Sources:** Don't assume your payroll provider will work. If you're unsure, it's worth calling the credit union to ask what they accept as a qualifying direct deposit. Guessing wrong means no bonus.
• **Mark Your Calendar:** Seriously. Note the 30-day account opening deadline, the 90-day direct deposit window, and the 120-day maintenance period. Set reminders.
• **Understand the Reward:** It's a Mastercard reward card, not cash deposited into your account. It will function like a prepaid debit card.
• **Credit Check?** It's not explicitly stated if they use a hard credit pull or just check ChexSystems. If you're sensitive about credit inquiries, contact them directly to ask before applying.
• **No Household Limit Mentioned:** The terms don't specify a limit per household, but it's always wise to check the latest official rules as these offers can change.

Bottom Line

• A strong $225 offer, but geographic and membership eligibility restrict it to Louisiana residents.
• The registration step is mandatory and easy to miss—do it before opening an account.
• Plan your direct deposits carefully; two $500+ deposits within 90 days is the core requirement.
• This is a marathon, not a sprint. You're committing to keeping the account open for four months.

Common Questions