Members Cooperative Credit Union
Members Cooperative Credit Union Members Checking $200 Bonus
Members Cooperative Credit Union pays you $200 to open a checking account with bonus code 200BONUS. You need $500 in total direct deposits and one debit card purchase within 60 days of opening. The account has no monthly fee and no minimum balance. Membership covers 20 Minnesota counties plus Douglas County, Wisconsin.
- Bonus amount
- $200
- Time to complete
- ~60 days
- Bonus deposited in
- ~90 days
- Difficulty
- Easy
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Requirements
Last verified: Aug 17, 2026
Open checking with code 200BONUS
Open a new Members Checking or EcoChoice Checking account and give bonus code 200BONUS at the time the account is opened.
$500 in total direct deposits
Receive direct deposits totaling $500 or more within 60 days of account opening. This is a cumulative total across the whole window, not a monthly minimum.
One debit card purchase
Make one purchase with your new Members debit card within 60 days of account opening.
The bonus is deposited into your Share Savings account within 30 days once every requirement is met, so budget up to about 90 days from opening.
Account Details
Eligibility
The primary applicant cannot have owned a Members EcoChoice or Checking account in the 12 months before applying, and has to be in good standing if already a member.
- Membership is open to people who live, work, worship, or attend school in Aitkin, Anoka, Beltrami, Carlton, Cass, Chisago, Cook, Crow Wing, Isanti, Itasca, Kanabec, Koochiching, Lake, Mille Lacs, Pine, Sherburne, Stearns, St. Louis, Washington, or Wright County in Minnesota, or Douglas County in Wisconsin.
- Business owners in those counties, past and present credit union employees, and the spouse or blood or adoptive relative of a member also qualify for membership.
- The bonus code has to be given at the time the account is opened. There is no way to add it afterward.
Tips & Gotchas
- →The bonus code has to be given while the account is being opened. There is no way to add it later, so have 200BONUS ready before you start.
- →The direct deposit requirement is cumulative. You need $500 in total across 60 days, not $500 a month, which makes this one of the lighter direct deposit bars around.
- →Only one debit card purchase is required. There is no swipe count to grind through.
- →The $200 lands in your Share Savings account, not your checking account, so check there when you go looking for it.
- →Membership is the real gate. You need a tie to one of 20 Minnesota counties or Douglas County, Wisconsin. That includes Twin Cities metro counties like Anoka, Washington, Sherburne, and Wright, so this reaches well beyond Duluth.
Can You Earn This Bonus Again?
Fine Print
The primary applicant must not have owned a Members EcoChoice or Checking account within the 12 months before applying, must be in good standing if already a member, must be at least 18 years old, and must provide the bonus code at the time of account opening. Within 60 days of account opening the new account must have direct deposits totaling $500 or more and one debit card purchase. The bonus is deposited into the recipient's Share Savings account within 30 days once all requirements are met.
Taxable income · Reported on 1099-INT
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What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
Usually no. At most banks a Zelle payment arrives coded as peer-to-peer and will not trigger the bonus. Citi is the clear exception. Its Enhanced Direct Deposit terms name Zelle as a qualifying deposit, and every Zelle report we have from Citi got paid.
What is APY (Annual Percentage Yield)?
The annual interest rate on a savings account, expressed as a percentage of your balance with compounding included. On savings accounts we track, APYs currently range from 0.01% at big traditional banks to 4.00% at the best online accounts.
Also see: this month's best bank bonuses and community DD data points.
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