Find the latest BMI Federal Credit Union bonuses, promotions, and offers here.
Right now, there are $100 and $200 bonuses.
Update 4/3/24: The $200 checking offers have been extended through 6/30/24.
BMI Federal Credit Union Bonuses Review
BMI Federal Credit Union was established in 1936 with the mission to improve the financial lives of their members and the community they serve.
Eligibility: Membership for the BMI Federal Credit Union is only available for residents of Ohio. If you live in a different location, then you should consider other bank bonus offers that are better suited for your needs. See current membership details |
I’ll go over the BMI Federal Credit Union offers below.
BMI Federal Credit Union $200 Checking Bonus
Gain a $200 cash bonus when you open a free checking account.
- What you’ll get: $200 Checking Bonus
- Eligible account: Checking account
- Availability: OH (Bank Locator)
- Credit Inquiry: Mixed Datapoints
- Direct Deposit Required: No
- Monthly Fees: $0
- How to earn it:
- Enter promo code ADD24 when applying online or mention when applying in person.
- Cash bonus of $100 will be deposited in the member’s savings account within 10 business days after all qualifications have been met.
- The following requirements must be met in the first 90 days after the account is opened:
- 1) Open and deposit $20.00 into a new free checking account.
- 2) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days.
- 3) Sign up for electronic statements.
(Offer Expires 06/30/2024)
Editors Note: Be sure to check out this alternative link to access this bonus as well.
Chase Private Client ($3,000 Bonus) | U.S. Bank Smartly® Checking ($700 Cash Bonus) |
KeyBank Checking ($200 bonus) | Fifth Third Preferred Checking ($200 Bonus) |
Fine Print
- Enter promo code ADD24 when applying online or mention when applying in person. Cash bonus of $100 will be deposited in the member’s savings account within 10 business days after all qualifications have been met. The following requirements must be met in the first 90 days after the account is opened: 1) Open and deposit $20.00 into a new free checking account. 2) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days. 3) Sign up for electronic statements. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Offer not valid on Starting Over Checking, Platinum checking, or Business accounts. This offer is not available to those with fiduciary accounts, those who have closed an account within 60 months, or have a negative balance. Checking account must remain open for a minimum of 6 months or the bonus will be debited from the account at closing. Offer cannot be combined with other checking offers. Membership eligibility and account requirements apply. BMI FCU is open to everyone who lives, works, worships, or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County. Federally Insured by NCUA. BMI FCU may amend, suspend, or discontinue this offer at any time without notice. Offer ends June 30, 2024.
BMI Federal Credit Union $100 Referral Bonuses
Gain a $100 cash bonus when you refer a new member to open a free checking account, mentions your name and uses the promo code FRIEND23.
- What you’ll get: $100 Referral Bonus
- Eligible account: Checking account
- Availability: OH (Bank Locator)
- Credit Inquiry: Mixed Datapoints
- Direct Deposit Required: No
- Monthly Fees: $0-$.95
- How to earn it:
- To gain the $100 referral cash bonus, refer a friend or family member then they have to mention your name and use the FRIEND23 promo code when opening a new checking account.
- The following requirements must be met in the first 90 days after the account is opened:
- Open and deposit $20.00 into a new free checking account.
- Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days.
- Sign up for electronic statements.
(Offer expires 06/30/2024)
U.S. Bank Smartly® Checking ($700 Cash Bonus) | SoFi Checking & Savings Account ($325 bonus) |
Chase Total Checking ($300 Bonus) | KeyBank Checking ($200 bonus) |
Bank of America Checking ($200 Bonus Offer) | Fifth Third Bank Checking ($200 Bonus) |
Axos Bank Rewards Checking ($300 Bonus) | Truist Checking ($400 bonus) |
Fine Print
- Refer A Friend Program – Existing Member: Must be a member of BMI FCU for at least 6 months before referring a new member. New member must mention name of referring member when account is opened. Cash bonus of $100 will be deposited to referring member’s savings account within 10 days after the New Member Offer is qualified. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. New Member: Enter promo code FRIEND24 and existing member’s name when applying online or present this card when opening account in person. Cash bonus of $200 will be deposited in the new member’s savings account within 10 business days after all qualifications have been met. The following requirements must be met in the first 90 days after the account is opened: 1) Open and deposit $20.00 into a new free checking account. 2) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days. 3) Sign up for electronic statements. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Offer not valid on Starting Over Checking, Platinum checking, or Business accounts. This offer is not available to those with fiduciary accounts, those who have closed an account within 36 months, or have a negative balance. Checking account must remain open for a minimum of 6 months or the bonus will be debited from the account at closing. Offer cannot be combined with other checking or add-on bonus offers. Membership eligibility and account requirements apply. BMI FCU is open to everyone who lives, works, worships, or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County. Federally Insured by NCUA. BMI FCU may amend, suspend, or discontinue this offer at any time without notice. Offer ends June 30, 2024.
BMI Federal Credit Union $150 Checking Bonus (Expired)
Gain a $150 cash bonus when you refer a new member to open a free checking account, mentions your name and uses the promo code NEWCHK21.
- What you’ll get: $150 Checking Bonus
- Eligible account: Checking account
- Availability: OH (Bank Locator)
- Credit Inquiry: Mixed Datapoints\
- Direct Deposit Required: No
- Monthly Fees: $0-$.95
- How to earn it:
- Enter promo code NEWCHK21 when applying online or mention when applying in person
- Cash bonus of $150 will be deposited in the member’s savings account within 10 business days after all qualifications have been met
- The following requirements must be met in the first 90 days after the account is opened:
- Open and deposit $20.00 into a new free checking account
- Make a minimum of 30 Visa® debit card transactions of at least $5/each in the first 90 days
(Expired)
Chase Business Checking ($300 Bonus) | U.S. Bank Business Checking ($350 or $800 Bonus) |
Axos Bank Basic Business Checking ($400 Bonus) | Axos Bank Business Interest Checking ($400 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Huntington Business Checking 100 ($200 Bonus) | Bank of America Business Checking ($200 bonus offer) |
Live Oak Bank Business Savings ($300 Bonus) |
Fine Print
- Member must sign up for electronic statements
- Cash bonus may be considered income and reported on 1099-MISC or 1099-INT
- Offer not valid on Starting Over Checking, Platinum Checking, or Business accounts
- This offer is not available to those with fiduciary accounts, those who have closed an account within 12 months or have a negative balance
- Checking account must remain open for a minimum of 6 months or the bonus will be debited from the account at closing
- Offer cannot be combined with other checking offers
- Membership eligibility and account requirements apply
- Federally Insured by NCUA
- BMI FCU may amend, suspend, or discontinue this offer at any time without notice
BMI Federal Credit Union $50 Checking Bonus (Expired)
Gain a $50 cash bonus when you refer a new member to open a free checking account, mentions your name and uses the promo code FRIEND21.
- What you’ll get: $50 Checking Bonus
- Eligible account: Checking account
- Availability: OH (Bank Locator)
- Credit Inquiry: Mixed Datapoints
- Direct Deposit Required: No
- Monthly Fees: $0-$.95
- How to earn it:
- Enter promo code PEG50 when applying online or mention when applying in person to add an extra $50 cash bonus to a qualifying current promotion.
- Offer only available to employees of Preferred Employer Groups of BMI FCU.
(Offer expires June 30, 2021)
Western Alliance Bank High-Yield Savings Premier (5.36% APY) | Customers Bank High Yield Savings (5.11% APY) |
RBMAX High Yield Savings (5.15% APY) | SoFi Checking & Savings ($325 Bonus + 4.60% APY) |
Ponce Bank Money Market (5.26% APY) | Harborstone Credit Union Money Market (5.25% APY) |
CloudBank 24/7 High Yield Savings (5.26% APY) |
Fine Print
- Only one extra cash bonus awarded per member, per product.
- Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Membership eligibility and account requirements apply.
- BMI FCU is open to everyone who lives, works, worships or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware or Morrow County.
- Federally Insured by NCUA.
- BMI FCU may amend, suspend, or discontinue this offer at any time without notice.
How To Waive Monthly Fees
- Free Checking: None
- Platinum Checking: $4.95 monthly fee, waivable if account balance stays above $2,500.00
- Starting Over Checking: None
Conclusion
I recommend you check out this offer with BMI Federal Credit Union to earn an incentive when opening a new account.
I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.
If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Check back often for more BMI Federal Credit Union Bonuses, Promotions, or Offers!