Update 10/1/24: Referral bonus now $100. Debit card transactions now need to be $10 or more.
Update 8/4/24: Referral bonus now $50.
Update 1/7/24: OnPath is now on Swagbucks for $40. Might be possible to stack this bonus along with the $100 referral.
Extended until 3/31/24
Update: I’ve created a separate referral page. Be sure to follow the rules there carefully or your link will be removed.
The Offer
Direct Link to offer | Referral offer
OnPath FCU offers two reward checking accounts:
- 7% APY High Yield Checking account for up to $10,000.
- 5% Cash Back checking account for up to $200 in spending ($10 free money) per month.
There are monthly qualification cycle requirements to earn that higher interest rate or cashback:
1) Log in to online or mobile banking
2) Be enrolled in and receive e-statements
3) Have at least 15 debit card purchases post and settle of $10+
Additional Details
- Credit union can be joined nationwide by making a $5 donation to the OnPath Foundation.
- They do pull Chexsystems, but no hard pull, unlikely for EWS. Not Chex-inquiry sensitive.
- $1,000 in CC funding: The application says $2,500, but only allows $100 to be filled in, and when on the phone finalizing the application, you can request $1,000. (Citi Double Cash posted as purchase.)
Referral Offer
Currently this credit union is running a ReferLive referral program with a $100 Visa rewards card for both parties. To earn the $100 Visa® Reward Card, the new customer must register via a ReferLive link, open a new OnPath FCU personal or business checking account, and complete the following within 60 days of account opening:
- Make ten (10) or more debit card transactions (excluding ATM transactions), AND
- Have one (1) or more direct deposits totaling at least $250 (no DP’s for fakes yet)
There is a limit of $500 you can earn from referrals. Max this out by referring five friends.
Our Verdict
Feel free to discuss below. I’ve created a separate referral page. Be sure to follow the rules there carefully or your link will be removed.
Thanks to Gadget – Bank Bonus Geek and ShawntheShawn for sharing this deal
Do not share your referrals in the comments below.
Do they still allow CC Funding?
I received this update when confirming terms with the rep.
OnPath Federal Credit Union:
The transaction amount can vary and there is no limit. It can be as little as $0.05 or as much as $1.00. Feel free to spend any amount you prefer per transaction.
Great. The post above still shows over $10 FYI
That’s for the $100 referral bonus… it states $10 or more for the debits.
See: https://www.beonpath.org/refer-a-friend
Not sure if it’s enforced though.
For the 7% APY checking or cashback checking, there is no minimum on the debits.
Steve
I can’t remember but the referral bonus doesn’t work for a second account at OnPath does it?
I would assume so. The terms & conditions of the referral program does not specifically say the referred person has to be a new member, but the promotion page (https://www.beonpath.org/refer-a-friend) seems to imply so by stating “4. Once registered, your friend or family must become a member, open an OnPath CU personal or business checking account, and complete all the above requirements.”
It makes sense that the referral program is intended for an existing member to invite new members to the credit union, but maybe the ReferLive system does not check. DPs will tell.
Looks like Credit Card Funding Limit has been removed in the application. Use to have to request or be asked for $1000 funding, now I wonder what they will do. 😲🤑
I tried to fund my CD with a CC a week ago for large sum and they sent me a SM that you can’t fund with a CC so I cancelled the opening of the CD. They need to take the option off the application if it’s not available so it doesn’t waste everyone’s time.
I put in two applications tonight. $2000 total funding on one and $950 total funding on the other (high yield+share, cash back+share). Interested to see what happens tomorrow. $100 was the application limit all my other times I’ve applied.
Still only $1000 per application…
Ok, I must have messed up my app somehow thanks for the confirmation. I will try again.
Maybe they treat the CD’s differently? Make sure to send a message in the application portal asking for $1000.
Does anyone have a reason to think they will lower the 7% rate any time soon? I am curious if anyone has any insight or opinion on their lowering the rate. It has been 7% for a long time now. With the 2-3 fed cuts recently, many banks and cu’s are lowering rates.
Nobody can predict that, but certainly not out of the realm of possibility. Doesn’t help that people are getting multiple accounts, but I am not surprised. If the CU is going to stop them, or even openly encourage it, then who is to blame?
Until then… a $100 bonus and 7% APY on $10K; what’s not to love?
Jonathan
wait….. we can get $100 bonus even if we’re already an existing member?
Sure, if you refer someone, and they complete the requirements.
Autumn
https://www.beonpath.org/referlive/
are you saying it’s possible to refer yourself for $100 + the 7%?
LoL… not that I know of. That would be very nice.
😂
I believe this is still technically a “Kasasa” account. They are offered by many banks and credit unions. Almost always have cash back or high interest with lots of monthly requirements to earn the reward. I would have to imagine there is some kind of deal that makes these accounts beneficial to the banks and credit unions otherwise they wouldn’t offer them. Looking at the Kasasa website it looks at least like they benefit simply because they get large amounts of deposits that stay. That helps them stabilize their balance sheet and what they can safety lend out. (offer.kasasa.com/client-success-stories)
So I don’t think they will lower the rate, but I could see them limiting the amount of accounts per person. But until then I’m going enjoy the rewards.
They also have to be making money on every debit card swipe as well.
OP is not a Kasasa account. That is probably why they are more liberal about what counts as a QDP than Andrews and Pelican are.
I think external transfers (pushes) may count as transactions for the monthly interest requirement. For the first time, I noticed that my monthly qualification notification listed that I completed 20 debit transactions even though I only did 15 Cash App reloads. I also did 5 pushes from OnPath (memo “WITHDRAWAL”) during the month so it seems like those counted too. This might be an easier way to reach the requirement.
That’s interesting! The qualification period for December is 11/30/2024 to 12/30/2024. By any chance, you had 5 debit card transactions posted on 11/30/2024?
Nathan
No I checked, I get my reloads done early in the month.
That is an interesting find. I didn’t get all the emails and there is no account numbers in the email to match them to the accounts. But one of mine has 18 debit card transactions, (16 Paypal reloads, and I’m thinking 2 pushes from Onpath might have counted). I’ll test it out more this month. I’ll do my normal Paypal reloads and a certain amount of transfers. I’ll report my findings next month.
*edit* I had one new High Yield “fail” so I can match that one to the email. And that one has 16 transactions (15 Paypal reloads, and 1 push to an external bank)
Looks like transfers can be set up for weekly repeat. I wonder how many can be scheduled. 4 transfers Mon-Thursday repeating weekly should yield 16 per month at least.
The thing is an ACH push withdrawal is NOT supposed to count, and OnPath may catch it and fix it at any time. So if you start to count on it to fulfill the monthly qualifications, you are taking the risk of losing $50~ish interest for $10K in each High Yield checking account.
Nathan 
Tom
Right 😅. It would be easier though. But I got a pretty good method already. Microsoft has a free program called Power Automate. It basically recorded my inputs while doing PayPal savings adds and now I just run the program and it puts $1.01 on all 10 debit cards, then $1.32, $1.23, $1.54, $1.45. I run it on three different days. Takes a while, and I gotta babysit it because OnPaths fraud detection is sensitive, transactions get denied and I gotta be ready to reply to their text.
“all 10 debit cards”!!! 👍🏾 You are the man,
Tom!
Up to 5 High Yield and 5 Cash Back 😁. Probably be 6 / 6 by end of month, once my money at chase gets freed.
If they lower the rate soon, we will know who to blame!
💁♂️ they said we can have as many as we want so my goal is eventually 25 of each 🤪
I guess this old saying should apply here: “Don’t hate the player, hate the game”. 😉
When I was manually doing Paypal balance load with debit cards, it gave me an error “Something went wrong with the transaction” after several loads, I wasn’t sure whether it was on Paypal’s side or the debit cards’ side. I needed to wait 24-48 hours before I could load more. Do you run into the issue with Power Automate? I was loading to Paypal balance (I do not have a Paypal savings account), not sure whether that was causing the issue
Thanks for the tips
mothman69 ! I just went ahead open the Paypal savings. It is going to be a lot easier and quicker to meet the debit requirements with the higher limit per day even I stay with manual loading!
Yeah I’ve had issues with the regular PayPal balance. I can’t even push money out anymore, I have to pull it externally. They could probably fix it if I talked to PayPal but they are a pain.
I’ve had better results using PayPal savings reloads. But OnPath will randomly fraud alert decline the transaction and PayPal will say the same thing “something went wrong”. I usually me make it fail 3 times and wait for the fraud warning text from OnPath. Don’t make it fail too many times too quickly or they’ll call you 😂.
I’ve been doing 5 adds per debit card in a day, 3x a month.
I had the same fraud alert thing with OnPath when I used CashApp. It happened after 4-5 debits I think, I had to confirm the transactions were from me either by text or email.
I just googled Power Automate, it seems they offer a free 30 day trial, and after that it is $15/mo. Did I miss anything?
Here’s a link for Power Automate.
You should be able to accomplish the same automation with Autohotkey for free as well.
Cool. It looks like the Power Automate I found on Google was a wrong one.
interesting but I just do the 20x 0.01 PayPal payments each month and it sucks.. don’t mind paying .20 cents a month to which ever reader here set that up.
Only 15 are required… saving you 5 cents.
Autumn
woops i got confused.. yet i meant 15x
Does the $10 minimum requirement for debit card transactions apply only to the bonus, or also to the 7% interest rate?
Reading the terms, I think it only applies to the bonus but maybe the terms are outdated or maybe I’m just wrong.
From the bonus terms: https://www.beonpath.org/referlive/
– Make fifteen (15) or more debit card transactions (excluding ATM transactions) at a minimum of $10 each, AND
– Have one (1) or more direct deposits totaling at least $250.
From the interest rate terms: https://www.beonpath.org/personal/checking-new-/high-yield-rewards-checking/
(1) Log into online or mobile banking one or more times per qualification cycle (2) Be enrolled in and receive e-statements for the statement cycle, and (3) Have at least 15 debit card purchases post and settle within the qualification cycle.
It is only required for the bonus.
I did NOT do the $10 for the bonus, but that was incorrect Nov. 2023.
I think the terms are out dated and the $10 is not required – for the bonus and 7%. But I could be wrong, just my assumption.
Possible it’s only “on paper” and not enforced for the referral.
But 100% sure it’s not required for the 7% APY. I was doing $1.00 charges for months w/o issues.
TyrannicalDuncery
Previously they sent out qualification emails at the end of each month, but I didn’t receive such emails last month. Anyone else?
Same here, but it does not really matter as the expected rewards/interest have been posted to the account already.
Good point. I just logged in and found the interest was posted so everything was good 🙂
Email is probably just delayed due to the banking holiday.
I also see the interest has posted, so it’s all good.
Strangely I received 4/10 “reward review” emails today.
Also got them to manually reward my interest and cash back for 3 new accounts that got e-statement denied for their first month.
I’m sure this is a long shot but whoever is Amanda on the OnPath referral thread who posted their link on September 11th. I need your contact info so ReferLive can trace my referral/our referral. Thanks!
Email me at:
[email protected]
Nevermind they were able to locate it with my information and the referral link I provided them. FYI mine was sent out on 11/14/2024. Hopefully you received yours as well.
For the 5% Cash Back checking account account, do we need to do 15+ transactions ? Or we can just spend $200 in 1 session and get the $10 cash back?
15 debits + $200 spend + login into online banking
Is their online banking under maintenance? Logged in but it said “Application Error: We are unable to display your information at this time. Please try again later” and “No account information available at this time.”
Not uncommon for this to happen at smaller banks and credit unions. Try again in the morning hours or “banking hours”.
Dennis
“We will be conducting required system maintenance on Saturday, December 7, 2024, from 3 PM to midnight. Please note that online, mobile, and telephone banking will be unavailable. During this maintenance period, stand-in limits will apply to point-of-sale (POS) and ITM withdrawals. We apologize for the inconvenience this may cause.”
Thanks for producing facts. I like generalities. 🙂 wink wink