[KS & MO only] CommunityAmerica Credit Union $300 Checking Bonus

Update 3/15/25: Extended to 04/15/2025

Update 2/5/25: Extended to 2/28/2025

Update 1/1/25: Extended to 1/31/25.

Update 12/1/24: Extended to 12/31/2024

Offer at a glance

• Maximum bonus amount: $300
• Availability:Must live, work or worship in select MO & KS counties:
  • MO: Clay, Jackson, Platte, St. Louis
  • KS:  Douglas, Jackson, Jefferson, Johnson, Leavenworth, Miamia, Shawnee, Wyandotte
• Direct deposit required: Yes, two direct deposits that total $2,500+
• Additional requirements: See below
• Hard/soft pull: Hard pull
• ChexSystems: Unknown
• Credit card funding: At least $500
• Monthly fees: None
• Early account termination fee: None
• Household limit: None listed
• Expiration date: 11/30/2024

The Offer

Direct link to offer

• CommunityAmerica Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements within 90 days of account opening:
  • enroll in CommunityAmerica online banking or the CommunityAmerica Mobile App
  • complete two or more direct deposits that total at least $2,500

The Fine Print

• To receive the $300 credit for a new checking account, you must meet CommunityAmerica Credit Union membership eligibility requirements and (1) Open a new Cashback Free Checking or Chiefs Checking account, which is subject to credit approval, through 11/30/2024 (members with existing Cashback Free Checking or Chiefs Checking accounts or with Cashback Free Checking or Chiefs Checking accounts that have closed within the past six months do not qualify), and within 90 days of account opening, (2) enroll in CommunityAmerica online banking or the CommunityAmerica Mobile App, and (3) complete two or more direct deposits that total at least $2,500.
• The direct deposits need to be electronic deposits of your paycheck, pension or government benefits from your employer or the government.
• Person to person payments (such as Zelle) are not considered direct deposits.
• Within 30 days of meeting qualification requirements, your $300 credit will be posted into the primary account owner’s membership savings account.
• The account must be open and in good standing at the time of payout to qualify for the credit.
• Examples of ineligible accounts may include: delinquent accounts, accounts that have caused the credit union to experience a loss, accounts in which we suspect illegal activity, fraud, scam or financial exploitation, or accounts involved in legal or administrative proceedings.
• Limit one $300 credit per account and per member.
• Offer subject to change without notice and cannot be combined with any other offer.
• The credit may be reported as income on IRS Form 1099-MISC.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Free checking has no monthly fees to worry about.

Early Account Termination Fee

I don’t see any early account termination fee mentioned.

Our Verdict

Better than the previous $200 bonus that was offered. Main downside for this bonus is the hard pull, but given how it’s difficult to get too many credit cards now I don’t think number of hard pulls matters as much anymore for most people. We will add this to our list of the best bank account bonuses.

Hat tip to reader Jesse

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
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• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times