Lafayette Federal Checking — $200

$200
verified today

Open a new Lafayette Federal checking account with a debit card and online banking. Set up a qualified direct deposit of at least $500 per month within 45 days of opening. The $200 is deposited within 60 days of meeting requirements.

Affiliate link where available — see disclosure below. Always confirm terms on the bank's page.

How to earn it

  1. 1.
    Open a new checking account with a debit card and online banking enrollment.
  2. 2.
    Establish a qualified direct deposit of at least $500 per month within 45 days of account opening.(within 45 days of account opening)

The details

Monthly feeNone
Time to complete45 days from account opening
Bonus payout~60 days
Direct depositRequired — $500+
ACH counts as DD?Unknown
AvailabilityDC, MD, VA
Eligibility: Lafayette Federal membership required. Branches are in MD, DC and VA. Not available to existing Lafayette Federal members. One checking-related bonus per membership.

Notes: Page markets up to $300 total: optional extra $50 for opening a Preferred or Premier savings with $100 and $50 for an eligible consumer loan within 45 days. DoC says promotional deposit is clawed back if closed within 6 months.

Read the bank's official terms and fine print →