[CA only] Financial Partners Credit Union $100 Referral Bonus

Offer at a glance

• Maximum bonus amount:
• Availability: Must live, work, or go to school in Orange County, San Diego County, Riverside County, or Los Angeles County, the City of South San Francisco, or the City of Alameda
• Direct deposit required: Yes, $500+
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Sensitive online, not sensitive in branch
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: None
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Financial Partners Credit Union is offering a $100 referral bonus to both parties. New user must meet the following requirements:
  • To meet the utilization requirements, you must open and maintain a new FPCU Savings account with a minimum deposit of $25, and maintain an active Checking account.
  • You must receive a monthly direct deposit of at least $500 and make a minimum of $300 in purchases with your FPCU Debit Mastercard within 60 days of account opening.
  • Both accounts must be in good standing to receive the $100 incentive.

The Fine Print

• Open at any FPCU location or online.
• The referring member’s unique referral code must be entered at time of application.
• FPCU is not required to pay the promotional incentive for accounts opened without the appropriate referral code.
• Referring member must be 18 years or older and an FPCU member with an active savings account, checking account and/or loan.
• Referred member must be 18 years or older, may not be an existing member, must be within FPCU’s field of membership and be eligible to open and maintain membership.
• Not all applicants will qualify.
• New members who are rejoining but have had a membership relationship with FPCU in the last twelve (12) months do not qualify.
• Accounts must remain open for 90 days.
• Joint account holders are not eligible to refer. FPCU employees and volunteers are ineligible to refer.
• Business and Fiduciary accounts are not eligible to refer and/or receive promotional incentive.
• New referred member and referring member will receive the $100 promotional incentive to the checking account within 90 days of opening qualifying accounts and meeting the account requirements provided all accounts are in good standing.
• $100 promotional incentive will be reported as interest income to the IRS on Form 1099-INT at year-end.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

They offer a free checking account with no monthly fee and regular share savings has no monthly fee   with eStatements or a $250 minimum combined balance or another product.

Early Account Termination Fee

I wasn’t able to find an EATF in the fee schedule

Our Verdict

Feel free to share your referrals in the comments below, just also let people know your experiences in the comments below as well.

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