[DE, PA & NJ only] Sun East Federal Credit Union $150 Referral Checking Bonus

Offer at a glance

• Maximum bonus amount:
• Availability: DE, PA and NJ only. Might be nationwide with $10 donation but lots of accounts were not approved last time.
• Direct deposit required: Yes, no minimum specified
• Additional requirements:See below
• Hard/soft pull: Soft
• ChexSystems: Yes
• Credit card funding: $550
• Monthly fees: None
• Early account termination fee: None
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Sun East Federal Credit Union is offering a $150 referral bonus to both parties when the new customer completes the following requirements:
  • open a checking account,
  • establish direct deposit, and conduct at least 1 direct deposit transaction into the checking account within 45 days of account activation
  • deposit a minimum of $250 within 45 days of account activation and have $250 in the account on day 45

The Fine Print

• To be eligible for the program an Advocate must be a Sun East member in good standing, as defined in our bylaws, having a principal residence in Delaware, Maryland, New Jersey, or Pennsylvania, and has been a member for at least 6 months. 
• The referred new member or Friend must remain in good standing for 45 days from the date of account opening. A Friend must also: 1) meet the residency requirements; 2) open a checking account, establish direct deposit, and conduct at least 1 direct deposit transaction into the checking account within 45 days of account activation; and 3) deposit a minimum of $250 within 45 days of account activation and have $250 in the account on day 45. Internal account transfers (transfers between accounts held by Sun East) are not eligible to meet the checking account minimum. 
• Existing primary members/Advocates and joint owners on such accounts who open new accounts do not qualify as Friends and will not receive a referral bonus. Former members may qualify as a Friend if their account was closed for at least 6 months before the date of reopening. 
• Once a Friend is referred by an Advocate, no other members may refer that same Friend. 
• Members who open accounts by fraudulent, suspicious, or illegal means, or who make referrals or open accounts in a manner not consistent with the spirit or intent of the Program, as determined in our sole discretion, are not eligible to participate and referral bonuses will be denied. 
• A valid referral for the reward bonus requires:
  • Advocate must remain in good standing for the 45 days of Friend’s account opening;
  • Friend must complete the Sun East membership application by accessing it through the Advocate’s personal link; and
  • Friend must be approved for membership, meet the residency requirements, and account requirements as disclosed.
• 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

Previously there was a $300 checking bonus. Feel free to share your referrals in the comments below. Anyone can join Sun East credit union with a $10 donation to the Sun East Foundation if they don’t meet the local criteria. A lot of people were denied when there was a high yield account offer.

Hat tip to reader Phil P

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times