Time to Complete
90 days
Min. Hold Period
90 days
Direct Deposit Required
Set up recurring direct deposits to your account
To waive the $6 monthly fee: maintain a $500 monthly average balance, receive an incoming automatic deposit, perform any combination of 15 qualifying transactions in a month (debit card and bill pay; excludes ATM transactions), or be under 25 or over 64.
Open a new Cash Back Checking account in a Credit Union One branch in Michigan, register for Digital Banking, set up and receive one direct deposit, keep the account open for 90 days, and have an active Mastercard debit card to earn a $200 bonus paid as debit card rewards points.