Offer value details
Cyprus Credit Union lists up to $300 for opening a new Dream Rewards Checking account with qualifying direct deposit.
Qualification requirements
Open a new Dream Rewards Checking account between January 1 and July 31, 2026. Direct deposit must total $500 or more per calendar month, begin within 60 days of account opening, and be an electronic deposit of a paycheck, pension, or government benefits from an employer or government entity. The listed promo code is 300DRC2026.
Fees and costs
Cyprus says Dream Rewards Checking accounts with fewer than 20 monthly debit or credit card transactions are charged a $5 monthly account fee. The fee is waived by making 20 or more debit or credit card transactions each month.
Availability
Opening requires Cyprus Credit Union membership. The membership page lists paths including living, working, worshiping, or attending school in Salt Lake County; listed school-district, employer, family-member, and Utah/CRA paths; and account approval.
What to verify
- Membership eligibility is narrower than a nationwide bank account.
- The monthly account fee applies when the listed card-transaction threshold is not met.
- The bonus pays in stages, so the full $300 requires a sustained direct-deposit pattern.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.