[Expired] Fairwinds Credit Union $200 Referral Bonus For Each Party

Offer at a glance

• Maximum bonus amount: $200
• Availability: Nationwide
• Direct deposit required: Yes, $200+
• Additional requirements: Be referred
• Hard/soft pull: Soft pull
• ChexSystems: Yes
• Credit card funding: Up to $500 via credit card
• Monthly fees: None
• Early account termination fee: None
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer (be sure to sign up with a referral link, you can find and leave links on this dedicated page)

• Fairwinds Credit Union is offering a $200 referral bonus when the person being referred opens a Spending or Checking Account and completes a direct deposit of $200 or more

 

The Fine Print

• Offer available from June 20, 2023 – September 30, 2023.
• In order for both the referred individual and the referring FAIRWINDS member to each qualify for and receive the $200.00 referral reward, the following conditions must be met:
  • The referred individual may not have previously been an owner on or a party to a FAIRWINDS account;
  • the referred individual must open a new FAIRWINDS consumer Spending or Checking Account with a minimum deposit of $25.00 at new account opening during the eligible program period;
  • the referred individual must open the new account using the referring FAIRWINDS member’s unique referral link;
  • and the referred individual must receive in the new Spending or Checking Account a qualifying direct deposit of $200.00 or more (excluding the new account deposit used to fund/open the account) within 45 calendar days of opening.
• Your qualifying direct deposit needs to be an Automated Clearing House (ACH) deposit of your paycheck, pension, or government benefits (including Social Security) from the government or your employer. Person-to-person transfers (such as Zelle, PayPal or Venmo) and bank transfers between your FAIRWINDS or any other accounts you have at other financial institutions or brokerages do not qualify.
• The referring FAIRWINDS member must be in good standing with the credit union and must be an owner of a FAIRWINDS consumer Spending or Checking account in order to be eligible for a referral reward. FAIRWINDS Credit Union employees are not eligible to receive any referral program rewards.
• Rewards that have been fully earned and qualified for will be paid to each party on or about the 15^th day of the month following the deposit of the qualifying funds into the referred individual’s new Spending or Checking Account. Only one reward will be provided per referred individual. A referring FAIRWINDS member can only receive a total of up to $1,000 in referral rewards per calendar year. Referred individuals acknowledge that payment of the reward will result in the referring member’s knowledge of the referred individual’s establishment of a new account with FAIRWINDS.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Spend account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find any mention of an early account termination fee in the fee schedule.

Our Verdict

They previously offered $100 for each party, and it’s now been increased to $200. You can find and share referrals on this dedicated page. Do not share referrals in the comments below, any such comments will be removed.

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