Picatinny Federal Credit Union pays a $250 cash reward when you open a Basic Checking account and set up a recurring direct deposit of at least $500 a month within 60 days. You also need to open a savings account with a $5 minimum deposit, and the checking account must stay open for 6 months.
Eligibility
Available nationwide
No state restrictions on this offer.
Credit-pull posture pending
We have not yet confirmed how this account is screened. Check with the institution.
How to get the Picatinny Federal Credit Union Basic Checking bonus
- Open a new Picatinny Basic Checking account.
- Also open a savings account with a minimum $5 deposit.
- Set up a repeating direct deposit of at least $500 a month from an employer, Social Security, or pension.
- Initiate the first direct deposit within 60 days of account opening.
- Keep the checking account open for 6 months.
The fine print that matters
- Cash reward is considered interest and will be reported on IRS Form 1099-INT.
- The $250 cash reward is deposited into the savings account within the first 90 days of account opening.
- Checking account must remain open for 6 months.
- Offer subject to approval by the credit union.
- Cannot be combined with any other offers or promotions.
Verification and reports
Confirmed against picacreditunion.com on Aug 4, 2026. Based on 0 field reports. Status Limited reports is computed from those reports, never hand-set.
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Sources: picacreditunion.com offer page (checked Aug 4, 2026)
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