Do I need direct deposit for the Greater Texas Credit Union $250 bonus?

No. The terms ask for monthly deposits totaling $500 or more for three consecutive months, not direct deposits specifically. You also need 10 or more debit card purchases each month for those three months and eStatements.

Who can join Greater Texas Credit Union?

People who live, work, worship or attend school in portions of Brazos, Bastrop, Dallas, Harris, Hays, Hidalgo, Bexar, Tarrant or Travis County, students and staff of Texas A&M and Texas State, employees of listed employers, and family or household members of eligible people. The online application also mentions joining through the Texas Consumer Council.

Is the Greater Texas Credit Union Free Checking bonus available nationwide?

No. This offer is limited to residents of select states: TX.

Is the Greater Texas Credit Union Free Checking bonus taxable?

Yes. Bank account bonuses are considered taxable income by the IRS. Greater Texas Credit Union will send a 1099-INT form if your bonus is $10 or more.

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Greater Texas Credit Union

Greater Texas Credit Union Free Checking $250 Bonus

Greater Texas Credit Union pays $250 for a new Free Checking account opened with promo code CHECKING250 by November 30, 2026. Within the first 90 days, sign up for eStatements, deposit $500 or more each month for three consecutive months, and make 10 or more debit card purchases each month for three consecutive months. Free Checking has no monthly fee. Membership is for people in parts of nine Texas counties and other listed groups.

Bonus amount: $250
Expires: Nov 30, 2026
Time to complete: ~90 days
Bonus deposited in: ~150 days
Difficulty: Medium

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Requirements

Last verified: Oct 8, 2026

Join and open checking
Become a Greater Texas Credit Union member ($5 savings account) and open a new primary Free Checking account, presenting promo code CHECKING250 at opening, online or in person, by November 30, 2026.
Sign up for eStatements
Sign up for eStatements within the first 90 days after account opening.
Deposit $500 a month for 3 months
Make deposits totaling $500 or more per month for three consecutive months, within the first 90 days after account opening.
10 debit purchases a month for 3 months
Make 10 or more qualifying debit card purchases per month for three consecutive months, within the first 90 days. ATM withdrawals and deposits and payments through services like Venmo, Cash App and Zelle do not count.

The $250 is deposited into the checking account within 60 days of meeting the requirements.

Account Details

Monthly feeNo monthly fee

Opening deposit$5

Min. hold period90 days

All requirements fall within the first 90 days. The $250 is deposited within 60 days of meeting them.

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.

AvailabilitySelect states (TX)

Eligibility

Minimum age18+

Existing customersNot eligible

New primary checking accounts only. One $250 offer per individual.

Other restrictions

Present promo code CHECKING250 when opening, online or in person.
Credit union membership required: live, work, worship or attend school in portions of Brazos, Bastrop, Dallas, Harris, Hays, Hidalgo, Bexar, Tarrant or Travis County, or qualify through Texas A&M, Texas State, a listed school district or employer, or a family or household member. The application also offers membership through the Texas Consumer Council.
A primary savings account with a $5 minimum balance is required for membership.

Tips & Gotchas

→No direct deposit needed. Any deposits totaling $500 each month count toward the requirement.
→The debit requirement repeats: 10 purchases in each of three consecutive months, so 30 in total. Venmo, Cash App and Zelle payments and ATM transactions do not count.
→Membership is limited to parts of nine Texas counties and other listed groups. Check eligibility on the application before you apply.
→You must present promo code CHECKING250 when you open the account.

Can You Earn This Bonus Again?

Can rechurnNo

NotesNew primary checking accounts only, one $250 offer per individual.

Fine Print

Receive a $250 reward when you open a new primary Free Checking account and, within the first 90 days after account opening: sign up for eStatements, make monthly deposits totaling $500 or more per month for three consecutive months, and conduct 10 or more qualifying debit card transactions per month for three consecutive months. Qualifying transactions include debit card purchases and exclude ATM withdrawals/deposits and payment service providers such as Venmo, CashApp and Zelle. New primary checking accounts only; must be 18 or older; one $250 offer per individual; promo code CHECKING250 must be presented at account opening. Offer valid through November 30, 2026. Reward deposited within 60 days of meeting the criteria.

Taxable income · Reported on 1099-INT

What is a hold period?

The minimum time you must keep your balance in an account before the bonus is paid out.

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Do Bank Bonuses Show Up on a 1099-INT?

Yes. Bank bonuses are taxable income. Once you earn $10 or more from a single bank in a calendar year, the bank sends a 1099-INT and you report it as ordinary income on your tax return.