With the holidays drawing nearer, it seems that any bonus amount of cash to aid in Christmas shopping would be a big help. Luckily, Advance Financial Credit Union in Indiana is offering a $200 bonus on their checking account. So how do you qualify?

First, you need to open a new checking account with them. Account opening and signing up for their debit card will give you an instant $50. Then, set up a brand new direct deposit for your recurring checks ($100 minimum) and you will be eligible to get the next $100 bonus. Remember that the direct deposit must be your entire check. And finally, you get another $50 for online bills payment. Here it is again:

* $50 – checking account opening and debit card sign up
* $50 – online bill payment
* $100 – direct deposit

$200 holiday bonus

So what does Advance Federal’s Checking Account Have to Offer?

The credit union is currently offering a checking account with the name “Better Than Free Checking”. With a name such as that, it sounds like there are some good things in store for its consumers. Indeed it seems that way because not only is this checking account “free”, but it also pays you interest. Below are some of the features of Better Than Free Checking:

* No minimum balance required and no monthly fees
* No direct deposit requirement
* Unlimited check writing
* Free online banking and bill pay
* Free lifetime checks
* Six electronic transfers per month to protect from overdrafts
* Visa/ATM debit cards
* View check images online
* 24/7 Touch Tone Teller, CU online and ATM Access
* Interest paid on all account balances

Aside from the Better Than Free Checking, Advance Financial also offers Free Checking and Advantage Plus Checking.


Membership is open to all who volunteers, lives, works, and goes to school at Lake County Indiana. You can also apply for membership through family members. Membership will require a minimum deposit of $5 into a regular share savings account.

About Advance Financial

Advance Financial Credit Union has been in business since 1937. The credit union is also federally insured by the NCUA.

Promotion is set to run from October 1- December 31, 2011. This is only applicable to residents of Indiana only.