SouthPoint Financial Credit Union is offering a sweet $400 bonus for opening a new checking account, but there are a few hoops to jump through. You'll need to make 30 debit card transactions, enroll in online and mobile banking with e-statements, and set up direct deposits. The bonus tiers are $100 for $2,000+ direct deposit, $200 for $5,000+, and the full $400 for $7,500+ direct deposit.

This deal is primarily for Minnesota residents, as opening an account from out of state seems tricky. To make it worthwhile, ensure you can meet the requirements within the first 90 days. Also, the account needs to stay open for at least six months, or you'll forfeit the bonus. If you're already a SouthPoint customer or have closed an account recently, you might not be eligible. It's a soft pull, so it won't ding your credit score, making it a worthwhile consideration if you meet the criteria!