BMI Federal Credit Union Bonuses: $100, $200, $300, $450 Checking, Referral Promotions (OH)

Find the latest BMI Federal Credit Union bonuses, promotions, and offers here.

Update 1/2/25: The  referral bonus has increased to $200 per referral (from $100). The $200 checking bonus when opening a new Free Checking account has been reduced to $100 while the Preferred Employers offer has increased to $450. All valid through 3/31/25.

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.

I’ll go over the BMI Federal Credit Union offers below.

BMI Federal Credit Union $100 Checking Bonus

Gain a $100 cash bonus when you open a free checking account.

• What you’ll get: $100 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 ADD25 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 03/31/2025)

Fine Print

• Enter promo code ADD25 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 12 months or the bonus will be debited from the account at closing.
• Offer cannot be combined with other checking offers 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 March 31, 2025.

BMI Federal Credit Union $450 Checking Bonus

• What you’ll get: $450 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 BDCHECK25 when applying online or mention when applying in person.
  • Cash bonus of $450 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) Must be an employee of a preferred partner of BMI FCU.
    • 2) Open and deposit $20.00 into a new checking account.
    • 3) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days. 4) Sign up for electronic statements.

(Offer expires 03/31/2025)

Fine Print

• Enter promo code BDCHECK25 when applying online or mention when applying in person.
• Cash bonus of $450 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) Must be an employee of a preferred partner of BMI FCU. 2) Open and deposit $20.00 into a new checking account. 3) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days. 4) Sign up for electronic statements.
• Cash bonus may be considered income and reported on 1099-MISC or 1099-INT.
• Offer not valid on Business accounts.
• This offer is not available to existing members, 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 12 months or the bonus will be debited from the account at closing.
• Offer cannot be combined with other checking offers 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 March 31, 2025.

BMI Federal Credit Union $200 Referral Bonuses

• What you’ll get: $200 bonus, $300 for your friend
• Eligible account: Checking account
• Availability: OH (Bank Locator)
• Credit Inquiry: Mixed Datapoints
• Direct Deposit Required: No
• Monthly Fees: $0-$.95
• How to earn it:
  • Existing Member: New member must mention name of referring member when account is opened. Cash bonus of $200 will be deposited to referring member’s savings account within 10 business 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 FRIEND25 and existing member’s name when applying online or present this card when opening account in person. Cash bonus of $300 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 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 03/31/2025)

Fine Print

• Refer A Friend Program – Existing Member: New member must mention name of referring member when account is opened.
• Cash bonus of $200 will be deposited to referring member’s savings account within 10 business 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 FRIEND25 and existing member’s name when applying online or present this card when opening account in person.
• Cash bonus of $300 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 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 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 12 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 March 31, 2025.

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)

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)

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.

• Best Savings/Money Market rates
• Best CD Account rates

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!