[AZ Only] Arizona Financial Credit Union $319.36 Checking Bonus

Update 10/1/24: Bonus now $319.36 with promo code  319BONUS

Update 8/5/24: Bonus is now $219.36 and promo code is  219BONUS. 

Update 1/8/24: Bonus now requires a direct deposit.

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Must live, work or worship in Coconino County, Gila County, La Paz County, Maricopa County, Mohave County, Navajo County, Pima County, Pinal County, Yavapai County, Yuma County
  • Direct deposit required: No
  • Additional requirements: 10 debit card transactions
  • Hard/soft pull: Soft pull
  • ChexSystems: No
  • Credit card funding: Up to $200
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None
  • Expiration date: None

The Offer

Direct link to offer

  • Arizona Financial Credit Union is offering a $219.36 checking bonus when you open a new checking account and complete the following requirements:
    • Use promo code 219BONUS
    • establish recurring direct deposit(s) with a combined total of $1,000 or more per month
    • have an account balance of $500 or more on the 60th days after the account is opened.

The Fine Print

  • To qualify for $200 bonus, you must open a Checking Plus account and be 18 years of age or older and a brand-new member with no existing account relationships with Arizona Financial, as determined by having a unique Social Security/Tax Identification Number not on record with the credit union.
  • Former members may qualify as a new member if previous accounts were closed 12 or more months prior to new open date.
  • Bonus will be paid approximately 15 days after completing 10 debit card purchase transactions.
  • Debit card purchase transactions must be completed and posted to the new member’s account within 45 days of account opening.
  • Transactions in a pending status do not qualify.
  • All bonuses are considered income and will be reported on IRS Form 1099-MISC.
  • This promotion cannot be combined with any other offers.
  • Limit one new member bonus per person.
  • Business, indirect borrower, fiduciary, voting accounts do not qualify.
  • Only Arizona Financial members in good standing qualify for this program.
  • Must meet membership eligibility requirements.
  • Terms and conditions subject to change without notice. Offer may expire at any time.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Seems like a really easy bonus to meet the requirements for if you’re in an eligible area. Donation method doesn’t seem to work to apply out of state.

Hat tip to Bockrr

Useful posts regarding bank bonuses:
    William Charles
  • On October 1, 2024, 19:59
Tags: az bank bonusesdirect deposit not requiredsoft pull

View Comments (369)

  • $319.36 bonus DP
    12/22 Opened, AZ Resident. $200 funded on CFU Coded as Purchase
    01/17 $1001 Work DD (TYPE: DIRDEP...ACH ECC PPD)
    02/14 $1001 Upgrade push: (TYPE: transfer...ACH ECC WEB)
    02/20 $319.36 Bonus posted
    Not sure if recurring language is actually enforced, or if the Upgrade push did in fact count as a dd for the second month.

  • Has anyone received 1099-int or 1099-misc from Arizona Financial?

    I didn't see 1099-int in my online banking and contacted support, support said they didn't issue 1099-int if interest was below $10 and my interest was below $10. So it looks like they didn't treat the account opening bonus as interest.

    However I haven't received 1099-misc online or in mail either. I think the deadline for 1099-int is Jan. 31st, is the deadline for 1099-misc later?

    • @guest_1826658 I have not received a 1099 tax form for either P1 or P2 for the $200 bonus that was paid. I'm unable to log in since the account is closed. I'll call them since there are no other data points in the 2024 1099 discussion.

      • Thanks. Keep me posted on what you find out. I did message the customer service but they said there was no 1099-int for me and they had no idea about 1099-misc.

  • Delayed DP, but I applied OOS (CA) on 9/20/24 and was denied for number of recent inquiries according to phone rep. My Chex stats at time of app were: 1/1, 5/3, 8/6, 20/12, 29/24

    • The terms show "establish recurring direct deposit(s) with a combined total of $1,000 or more per month". Therefore, doing only 1 DD is a bad idea.

  • Applied OOS after having donated to Arizona whatever foundation in last 12 months

    I got an account and member number and am able to log in to online banking but at the end of the application it said Unable to process this application.

    I am still able to log in and it shows my account funding in checking via debit card. Not sure how to proceed.

  • 25/01/17 started application, but had to wait for verification because of zip code
    25/01/18 called and they asked to send proof of $15 donation, then call back
    25/01/18 approved with $200 CC fund

    First tried USBBAC which failed. BofA premium rewards was successful.

    I'll report back if I get the bonus with code 319BONUS

  • OOS applied after donating $15 to Local First Arizona, application went to Pend. Spoke to Customer Service to remove the pend as I already paid Membership fee.
    Got Chex alert and then application got declined.

  • DP here:

    I had some real DDs, but not enough to get $1000/month, so I supplemented it with Wise transactions (using Payroll as the reference ID). It's a very good option if you have the money but no other DD available.

    If they closed your initial account and opened a different one for you (because they accidentally gave you the wrong type of account), CALL THEM and make sure you get the promo code applied to your new account!

    I did that, and they confirmed that I did satisfy the $1000/month DD requirement for both months (even with the Wise payments), so as long as I have $500 in my account on the 60th day (which I will), I'll get the bonus within 15 days of then.

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