Snag a $250 Bonus from Telhio Credit Union – Here’s How It Works

If you’re in central or southwest Ohio and looking for an easy way to pad your wallet, Telhio Credit Union has a new checking bonus that’s worth a look. They’re offering $250 when you open a Basic, Choice, or Prime checking account and meet a few simple requirements. No need to jump through hoops – just a few steps and you’re in line for the cash.

What You Need to Do

First things first – you’ll need to use promo code BERWICK250 when you open your account online or at the Grandview branch. The offer is open to new checking account holders only, so if you’ve never had a Telhio checking account, you’re good.

Once your account is open, make sure you enroll in e-statements (it’s easy and free). Then, within 45 days, use your debit card at least 5 times – any purchases count, from coffee to groceries. Finally, set up a direct deposit of $500 or more into the account. That’s it. Complete all three, and the $250 bonus should hit your account within 90 days.

• Use promo code BERWICK250 at account opening
• Enroll in e-statements
• Make 5 debit card purchases within 45 days
• Receive $500+ in eligible direct deposits

Watch Out for the Monthly Fee

The Basic checking account has a $6 monthly maintenance fee. But don’t worry – you can easily avoid it. Just keep an average daily balance of $300 across all your Telhio accounts, or have at least one direct deposit hit the account each month. Since you’ll already be doing a direct deposit for the bonus, you’ll likely dodge the fee without extra effort.

Also, remember that bank bonuses are considered taxable income. You’ll get a 1099-INT or similar form at tax time, so set aside a little for Uncle Sam.

Is It Worth It?

For a $250 bonus with relatively low requirements, this is a solid deal – especially if you’re already in Ohio and can meet the direct deposit and debit card conditions. The soft pull is a nice perk if you’re worried about your credit score. Just be sure to read the fine print and close the account after the bonus posts if you don’t plan to keep it, to avoid any surprise fees down the road.

Bottom Line

• Easy $250 for a few simple steps – direct deposit, 5 debit transactions, e-statements.
• Soft pull means no credit score hit for applying.
• Monthly fee is easily waived with the direct deposit you’re already setting up.
• Only available in central/southwest Ohio – check eligibility before applying.

Common Questions