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CapEd Credit Union

CapEd Credit Union Checking $200 Bonus

CapEd Credit Union pays $200 when you open any new checking account before December 28, 2026 and one direct deposit or automatic payment of $250 or more posts within 90 days. Cash Back Rewards checking has no monthly fee. Joining without an Idaho school connection costs a one-time $20 foundation membership, so count this as $180.

Bonus amount
$200
Expires
Dec 27, 2026
Time to complete
~30 days
Paid after opening
~60 days
Difficulty
Easy
Open Account at CapEd Credit Union

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Requirements

Last verified: Nov 11, 2026

  1. Open any new checking account

    Open any type of new CapEd checking account before December 28, 2026 from the offer page. New members also open a Primary Savings account with a $5 minimum deposit.

  2. $250 direct deposit or automatic payment

    At least one direct deposit or automatic payment of $250 or more must post and settle in the account within the first 90 days of account opening.

CapEd deposits the bonus within 30 days after the qualification is met and confirmed. Confirmation happens on the second to last day of the qualifying month.

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Account Details

Monthly feeNo monthly fee
Fee waiver
  • Cash Back Rewards checking has no monthly service fee and no minimum balance.
Opening deposit$5
Min. hold periodNo minimum
Credit inquiryThe bank does not publish this. Ask before you apply.
ChexSystemsThe bank does not publish whether it screens banking history. Ask before you apply.
AvailabilityNationwide

Eligibility

Minimum age18+
Existing customersEligible

One bonus per Social Security Number, applied to the first new checking account opened. Current members can apply from the same page.

Other restrictions
  • Membership is required. If you have no Idaho school connection, you join through a one-time $20 Idaho CapEd Foundation membership.

Tips & Gotchas

  • Joining without an Idaho school connection takes a one-time $20 Idaho CapEd Foundation membership, so the bonus nets you $180.
  • An automatic payment of $250 or more counts, so you do not need to move your paycheck.
  • The Cash Back Rewards account has no monthly service fee and no minimum balance.

Can You Earn This Bonus Again?

Can rechurnNo

Fine Print

The $200 bonus is limited to one per Social Security Number and is applied to the first new checking account opened. It is deposited within 30 days after qualifications are met and confirmed. Confirmation occurs on the second to last day of the qualifying month. Open before December 28, 2026. Membership eligibility required.

Taxable income · Reported on 1099-INT

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We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money