[NY] Suffolk Credit Union $300 Checking Bonus, No Direct Deposit Required


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Update 5/31/24: Deal is back until July 31, 2024. Hat tip to smurfit

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Must live, work, worship, attend school, or volunteer in, and businesses and other legal entities located in Nassau County, New York or the towns of Babylon, Brookhaven, Huntington, Islip, Riverhead, Smithtown, or Southold, or the Poospatuck Reservation, Suffolk County, New York, or have an immediate family member of current membership.
  • Direct deposit required: No
  • Additional requirements: Deposit $500+ for three moths
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: December 31, 2023

The Offer

Direct link to offer

  • Suffolk Credit Union is offering a $300 checking bonus when you open a new checking account. Bonus is broken down as follows:
    • $100 per month for the first three months when $500+ is deposited

The Fine Print

  • Offer valid for accounts opened October 10–December 31, 2023. Deposit at least $500 in one transaction each month (with money not already on deposit at Suffolk Credit Union) for the first 3 months and earn $100 each month.
  • Cannot be combined with Corporate Partner Checking offers.
  • Existing memberships without a checking account are eligible.
  • Offer not available on existing checking accounts.
  • Promotional month is calcualted from the account opening day (Month 1: 1-30 days, Month 2: 31-60 days and Month 3: 61-90 days from account opening date.
  • Cash bonus(es) will be reported as income on IRS form 1099-INT.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Looks to be a very easy bonus and nice to see such an easy bonus have such a big sign up bonus. Even if it’s a hard pull I think it’s worth doing and will add it to the best bank bonus page.

Hat tip to Bockrr

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?
  • Affiliate Links & Bank Bonuses – We Won’t Be Using Them
  • Complete List Of Ways To Close Bank Accounts At Each Bank
  • Banks That Allow/Don’t Allow Out Of State Checking Applications
  • Bank Bonus Posting Times


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