Suffolk Federal Credit Union is offering a bonus of up to $300 for new members who open a Momentum Checking account. You can earn the full bonus by depositing at least $500 of new money into your account during each of the first 3 months. To qualify, you need to live, work, worship, attend school, or regularly do business in Suffolk or Nassau County, NY. You'll also need to make 10 debit card purchases within the first 60 days. The bonus is paid out within 60-90 days after opening the account. Make sure to keep the account open for at least six months, or you'll forfeit the bonus. Why should you care? This is basically free money! If you live in the area and can meet the requirements, it's a relatively easy way to pad your travel fund. Just remember that bank bonuses are considered income, so you'll need to pay taxes on it. It's also worth noting that opening new accounts can impact your credit score, so be mindful of how many you're applying for.