AFFCU (Air Force Federal Credit Union, now Soarion Credit Union) is offering a sweet $200 bonus for new checking accounts, and it's relatively easy to snag. To get the bonus, you need to open a new Value Checking or Rewards Checking account, use the promo code BONUSCASH, set up a direct deposit of $500 or more within 60 days, and enroll in digital banking. The direct deposit has to be from a paycheck, pension, or government benefits – transfers between accounts or P2P payments like Zelle won't cut it.

Why should you care? Well, $200 is a decent chunk of change for a pretty straightforward set of requirements. Plus, there are no monthly fees on the account, making it a genuinely free bonus. It’s a soft pull, so it won’t affect your credit score. You can also fund up to $1,500 with a credit card, which is great for racking up those credit card rewards points! Just remember that the $200 bonus is considered interest and you'll have to pay taxes on it.

There are a few eligibility requirements to keep in mind, primarily being an active duty member, reservist, veteran, retiree, or a dependent of a member of the U.S. Armed Forces or National Guard residing or working in Texas, Oklahoma, Arkansas, Louisiana, or Mississippi. Also, you can join a foundation to become eligible. If you fit the bill (or can become eligible), this bonus is a no-brainer for a little extra cash in your pocket.