Picatinny Federal Credit Union
Picatinny Federal Credit Union Free Checking $250 Bonus
Picatinny Federal Credit Union pays you $250 for a new free checking account. Open the account plus a $5 savings account and set up a recurring direct deposit of $500 or more per month, with the first deposit within 60 days. No monthly fee. Membership is open to Picatinny's New Jersey field of membership.
- Bonus amount
- $250
- Time to complete
- ~60 days
- Bonus deposited in
- ~30 days
- Difficulty
- Easy
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Requirements
Last verified: Jul 21, 2026
Open account
Open a new free checking account plus a savings account with a $5 minimum deposit.
Set up a recurring direct deposit
Set up and receive a recurring direct deposit of at least $500 per month (employer, Social Security, or pension); first deposit within 60 days of opening.
Bonus deposited to your savings account after the first qualifying direct deposit.
Account Details
Accounts must remain open for at least 6 months or the bonus may be reversed.
Eligibility
Exclusive offer for new Picatinny FCU members.
- Membership required (New Jersey field of membership); open a savings account with a $5 minimum deposit.
- New members only.
Tips & Gotchas
- →You must open a $5 savings account alongside the checking account.
- →No debit-card spend is required, just the recurring direct deposit.
- →Keep the account open for at least 6 months to keep the bonus.
Direct Deposit Data Points 1
1 community report across 1 transfer source, showing what triggers a qualifying direct deposit at Picatinny Federal Credit Union.
View all Picatinny Federal Credit Union direct deposit data points →
Can You Earn This Bonus Again?
Fine Print
Open a new free checking account and a savings account with a $5 minimum deposit, then set up a recurring direct deposit of at least $500 per month with the first deposit within 60 days. Accounts must remain open for 6 months. New Picatinny FCU members only. Reported on 1099-INT. Verified on picacreditunion.com 2026-07-21.
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?
No. Zelle payments don't count as direct deposit for bank bonuses. Here's why it fails and what to use instead so the bank pays you.
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
Also see: this month's best bank bonuses and community DD data points.
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