[CA only] Patelco Credit Union $100 Referral Bonus

Update 3/18/25: Bonus now $200 for person being referred and $100 for person referring. Valid until July 31, 2025. Might be able to open out of state via Financial Fitness Association (FFA). Not as good as the $300 targeted bonus

Update 5/19/24: Extended until September 30, 2024.

Update 4/6/24: Extended until May 17, 2024

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: CA only
  • Direct deposit required: No
  • Additional requirements:
  • Hard/soft pull: Soft without overdraft protection
  • ChexSystems: Unknown, sensitive
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None
  • Expiration date: None

The Offer

Direct link to offer

  • Patelco Credit Union is offering a referral bonus of up to $100 to the person being referred. Bonus is as follows:
    • Earn $100:
      • Open a Free or Interest Checking account with your referral code.
      • Sign up for eStatements
      • Set up and receive a direct deposit of $500 or more per month (such as payroll) for 2 consecutive months (totaling $1,000 or more) within 90 days
  • You can earn an additional $100 ($50 each) if you open a Money Market account or enroll in RoundUp within 90 days of joining Patelco

 

The Fine Print

  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Neither account has any 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

Feel free to share your referral information in the comments below. Looks easy to meet the requirements as you just need to open the accounts.

Hat tip to reader Dr Churn

Useful posts regarding bank bonuses:
    William Charles
  • On March 18, 2025, 13:00
Tags: ca bank bonusesdirect deposit not requiredno credit card fundingsoft pull

View Comments (115)

  • Bonus for new member is actually $200:

    • $100 for opening any of the checking accounts (no CC funding :( ), signing up for e-statements and $500+ DD for 2 consecutive months
    • $50 for opening a money market account (any amount is fine)
    • $50 for enrolling in Round Up (find it under Rewards & Wellness in online banking) and using debit card once to trigger one round-up

    Membership is open to those who are part of Financial Fitness Association (FFA). However, I'm in CA so qualified and approved instantly.

    There’s a question at the top of the page when filling out your name and contact info that asks, “Have a Referral Code?” Click plus, enter code and “Submit” button so the code is attached to your application.

    Thank you so much if you choose to use my referral code: R8MBMGGB

  • My referral code is R8MBMGGB. Thanks to one person who used the code. Much appreciated.

  • Earn $100 after opening a checking account and funding 2x monthly $500 DD, $50 for opening a Money Market account, & $50 for signing up and using roundup auto savings for a total of $200. For anyone interested, my referral code is: R8MPCH6QThanks!

  • Denied in branch for Chex

    Past 36 months: 91
    Past 30 months: 78
    Past 24 months: 55
    Past 18 months: 43
    Past 12 months: 29
    Past 06 months: 12
    Past 03 months: 06
    Past 01 months: 04

  • Opened out of state in Washington, was approved! Will see if they will payout after following all the terms.

    Referral code is R8N9P7GU. Much appreciated!!

      • Not sure, I haven't checked. I'm quite new to the game though so it must be quite low. Anyways, I just got the referral bonus, and their moneymarket/roundup extra $100 bonus as well, making it $200 from out of state!

    • Wow, I just received a hundred bucks from someone! Thank you so much, stranger; I truly appreciate it.

  • Referral code: R8N3BTTC
    Chex was unfrozen & at time of application was 3/1, 3/2, 5/3, 5/6, 8/12
    Can't say it feels that sensitive, took about a minute for ID verification and then was instant approved. Brand new member, no previous products, in-state applicant.

    Thanks in advance if you use my code, cheers!

  • I love this cu, I had my oldest credit card from them, and when i realised that it was canceled due to inactivity, employees understood my plea and went out of their way and recovered my account saving my credit history
    Thanks Patelco!
    P.S. if you bring back the convenient "convenience check", I'll buy another car with you.
    Thanks.

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