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Hey awardtrail readers, great news for those of you in the Big Apple! Municipal Credit Union (MCU) has brought back (and extended!) their sweet offer where you can snag a $350 bonus just for opening a new free checking account. The deal was supposed to end, but it's now extended through the end of the year. Previously it required direct deposit, but the requirement has been removed.
Here's the lowdown: To get the $350, you'll need to deposit $1,500 and keep it there for 60 days. That's it! The fine print says the bonus is only for those who live, work, worship, or attend school in New York City or work for NYS or Federal employers. Also, make sure you weren't a primary account holder on an MCU checking account in the last year.
Why should you care? Well, free money is always good! Plus, this account doesn't have monthly fees, so you don't have to worry about those eating into your bonus. Just remember that bank bonuses are considered interest income, so you'll need to pay taxes on the $350. If you're eligible and have some cash sitting around, this is a pretty easy way to boost your travel fund!
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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October 8, 2026, 9:16 PM


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