Score a $250 Bonus with Compass Community Credit Union's Directional Checking Offer

If you're in Northern California and looking to pad your wallet with a little extra cash, Compass Community Credit Union has a solid deal on the table. Open a Directional Checking account, jump through a few hoops, and you could see $250 land in your account. It's not every day you get paid to manage your money, so let's break down what you need to do to snag this bonus.

Who Can Get This Bonus?

This offer is for folks who live or work in Humboldt, Del Norte, or Trinity County in California. If you're part of that community, you're in luck. Membership at Compass Community Credit Union is open to those in those counties, plus certain affiliated groups like Humboldt State University Foundation staff and alumni. So check your eligibility before you get too excited.

What You Need to Do to Earn the $250

The steps are straightforward, but you'll want to keep track of them to make sure you don't miss out. Here's the checklist:

• Open a Directional Checking account with at least $5.
• Use the promo code "local checking bonus" when you apply.
• Set up a direct deposit of $750 or more within 90 days of opening.
• Make at least $400 in debit card purchases within that same 90-day window.
• Enroll in online banking and opt for e-statements.

When Does the Bonus Hit?

Once you've completed all the requirements, the $250 will be deposited into your savings account on the 91st day after you opened the checking account. Yes, you read that right—it goes into savings, not checking. So don't panic if you don't see it in your checking balance. And remember, this bonus is taxable, so the credit union will likely send you a 1099 form come tax time.

A Few Things to Watch Out For

First off, this is a limited-time offer, so don't sit on it forever. Also, note that the fine print says "one offer per social security number," so you can't double-dip. And while there's no mention of an early account termination fee, it's always smart to keep the account open for a few months after getting the bonus to avoid any clawback issues. Finally, make sure your direct deposit qualifies—some transfers from external accounts might not count, so stick with payroll or government benefits to be safe.

Bottom Line

• Open a Directional Checking account with $5 and use promo code "local checking bonus".
• Meet $750 in direct deposits and $400 in debit card purchases within 90 days.
• Enroll in online banking with e-statements.
• Bonus posts on day 91 to your savings account.
• Limited to one per person, and available only to eligible CA residents.

Common Questions