Orion Financial
Orion Financial Free Checking $150 Bonus
Orion Financial pays Tennessee, Arkansas, and Mississippi residents $150 for opening a Free Checking account and setting up direct deposit within 90 days of account opening.
- Bonus amount
- $150
- Expires
- Oct 31, 2026
- Time to complete
- ~90 days
- Bonus deposited in
- ~120 days
- Difficulty
- Easy
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Requirements
Last verified: Oct 3, 2026
Open a Free Checking account
Open an Orion Financial Free Checking account on or before October 31, 2026.
Set up direct deposit
Establish a direct deposit to the account within 90 days of opening. Must be an electronic deposit of payroll, pension, or government benefits from an employer or the government; micro-deposits do not qualify.
Orion deposits the bonus into your account within 120 days of account opening if all requirements are met.
Account Details
Eligibility
Not available to individuals who currently have, or have had within 90 days of opening the new account, a deposit or loan product with Orion Financial, or who closed a deposit account with a negative balance within the past 3 years.
- Orion Financial (formerly Orion Federal Credit Union) membership eligibility required, based in the Memphis, TN and Little Rock, AR areas.
- Limit one new checking account opening bonus per person and per account.
Tips & Gotchas
- →Straightforward: open the Free Checking account and set up one qualifying direct deposit within 90 days.
- →You must not have had any Orion Financial deposit or loan product within 90 days of opening the new account.
- →Payout is slow: up to 120 days after account opening, even though the direct deposit only needs to land within 90 days.
Can You Earn This Bonus Again?
Fine Print
Offer only valid for new Orion Financial members opening new Orion Financial Free Checking accounts. Offer not available to individuals who currently have, or have had within 90 days of opening the new account, a deposit or loan product of any kind with Orion Financial, or who have had any deposit account closed with a negative balance within three years of opening the new account. Limit one new checking account opening bonus per person and per account. Offer valid for accounts opened from 9/1/2026 through 10/31/2026. To receive the bonus: open an Orion Financial Free Checking account on or before 10/31/2026 and establish a direct deposit to this account within 90 days. All requirements aside from account opening must be met by 1/29/2027. Bonus deposited within 120 days of account opening if all requirements are met. Bonus reported on IRS Form 1099-INT or 1042-S.
Taxable income · Reported on 1099-INT
Related Articles
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 4.25% at the best online accounts.
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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