Grab $150 from On Tap Credit Union: A Nationwide Checking Bonus Worth a Look

If you're on the hunt for a straightforward bank bonus, On Tap Credit Union is offering $150 to new checking account holders. The catch? You'll need to meet a few requirements, but they're pretty manageable. And the best part? You don't have to live in Colorado to join. Let's break it down.

What You Need to Do to Snag the $150

First things first, you'll need to open a qualifying checking account and use promo code CHECKING150 when you sign up. Don't forget that step—it's the key to getting your bonus credited.

Once your account is open, set up a direct deposit of at least $500 per month. That's not too steep, and it can be from your paycheck, Social Security, or other recurring income. Also, you'll have to make 10 debit card purchases within the first 90 days. That's about one every nine days, so it's totally doable if you use your card for everyday stuff like coffee or groceries.

There's a $5 par membership share required, which is standard for credit unions. And you'll need to keep the account open and maintain the direct deposit for six months after opening to avoid a $5 early closure fee.

• Use promo code CHECKING150 during application.
• Minimum direct deposit of $500 per month.
• 10 debit transactions within the first 90 days.
• $5 par membership share required.
• Keep account open for 6 months to avoid $5 fee.

Who Can Join? Hint: It's Nationwide

On Tap Credit Union is based in Colorado, but they've opened membership to anyone in the U.S. through a $5 donation to the Consumer United Association. So even if you're miles away from their branches in Golden or Arvada, you can still get in on this deal. Just make sure you're comfortable with an online-only relationship if you're not local.

The credit union has an A health rating and offers competitive rates on CDs and savings, though you might find better rates elsewhere. Still, the $150 bonus is a nice incentive.

Watch Out for These Details

While the bonus is tempting, there are a few things to keep in mind. The early account termination fee is only $5, but it's still annoying if you forget the six-month requirement. Also, the offer is subject to change without notice, so don't dawdle.

Another thing: the bank's official page shows the promotion ended on December 12, 2025, but the source indicates it's still available for a limited time. I'd recommend checking directly with On Tap Credit Union or applying soon to confirm the offer is still live. If it's expired, you'll want to look at other nationwide bonuses.

Also, the $150 bonus is considered dividend income, so you'll get a 1099-INT or similar form for taxes. Factor that into your net gain.

• Offer may end without notice—act quickly.
• Bonus is taxable as dividend income.
• Credit card funding is limited to $1,000.
• Soft pull on credit, but ChexSystems status is unknown.

Bottom Line

• Open a checking account with promo code CHECKING150.
• Set up $500/month direct deposit and make 10 debit transactions within 90 days.
• Keep account open for 6 months to avoid a $5 fee.
• Nationwide eligibility via $5 donation to Consumer United Association.

Common Questions