Royal Credit Union Checking Account – $400.00 Bonus
Admin Heads up, deal hunters: Royal Credit Union is paying a $400.00 bonus to new customers who open the Royal Credit Union Checking Account and meet the requirements below. This one is open to residents of Minnesota and Wisconsin.
How you earn it: Open a new personal checking account between 10/15/26 and 12/15/26; Receive two qualifying direct deposits of at least $500 each (paycheck, pension, Social Security, or government benefit) within 120 days of account opening; Bonus deposited within 10 calendar days of the second qualifying deposit; Eligible accounts: Smart Start, Smart Checking, Smart Checking Plus, Duo Checking; Not eligible if you have or had a Royal checking account in the last 12 months. The requirement centers on direct deposit: two payroll-style deposits of $500 or more (paycheck, pension, Social Security, or a government benefit) must land within 120 days of opening. P2P and mobile-payment transfers do not count.
Who’s it for? Anyone in the eligible states looking for an easy bank bonus without monthly fees eating into it. If you’ve been meaning to switch banks or add a second checking account, a $400.00 incentive with no monthly service charge is about as clean as these offers get.
No promo code needed — just open the account through the bank’s offer page during the promotional period and complete the requirements.
Pros and cons
- Pro: $400 bonus — one of the larger checking bonuses available
- Pro: No monthly fees on Smart Checking
- Pro: Soft pull to open, per Doctor of Credit
- Con: Requires two qualifying direct deposits of $500 or more
- Con: Minnesota and Wisconsin residents only
- Con: Account must remain open for six months
- Con: Bonus is taxable as interest income
Bonus details
Bonus: $400.00 — open to Minnesota and Wisconsin — Bonus verified: 2026-10-17T17:31:49Z.
Bonus verified: 2026-10-17T17:31:49Z (UTC). Bank bonuses count as interest income, so you’ll owe taxes on the $400.00. Terms can change, so confirm the current offer on Royal Credit Union’s site before you apply.
