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.
Can you reopen the referral page please, especially now that the referral bonus is back up to $100?
Thanks!
Use or don’t, tried to post it on the referral page but you can’t post on there anymore 🥲
[removed. Can’t share referrals here]
You can’t add referrals here.
Applicants beware: OnPath Federal Credit Union has put multiple inquiries on my ChexSystems report, and ChexSystems says they have sent them the reports twice, three days apart. OnPath Federal Credit Union continues to claim my Chex report is frozen, but it is not according to Chex or they wouldn’t have been able to get my report and be showing the inquiries. If you don’t want a bunch of superfluous inquiries on your Chex report for no good reason, perhaps look elsewhere for accounts. If you do, feel free to apply and go through this circus.
Update 10/1/24: Referral bonus now $100. Debit card transactions now need to be $10 or more.
Where does it specify that the debit card charges have to be $10? I cannot see that on the OnPath website.
That $10 per purchase requirement is only for the referral bonus. Once you meet the referral requirements, future purchases for the 7% account can be any amount (even less than $1).
Here is the comment where I asked
Chuck to update the post with that info: #1930064 .
You will see that fine print, which includes the $10+ purchase requirement, when you go to someone’s referral page. It won’t show the referral requirements on OnPath’s website as the 2 offers are completely separate but they can definitely be stacked.
I see. I am not sure how to meet the 15x$10 requirement :-(.
I used to use Google Pay to send money to P2, but that was discontinued.
I have tried CashApp with a new account, but payments always fails (I may have been “blacklisted” but I am not sure how they would know since I use a new checking account and new debit card).
What are the other current methods? (I do not want to load 15x$10 at Amazon or buy 15x MO at Walmart..).
I know that some people have reported loading their PayPal account with their OnPath debit card to meet the monthly requirements. You could try that $10+ at a time.
You could also pay any insurance or utility bill that you have 15 times for $10+ each.
Whichever method(s) that you choose, I would try to meet the requirements slowly rather than all at once as you do have 60 days. Remember, slow and steady wins the race. 😀
The great part about OnPath is that everything or almost everything seems to count as a qualifying debit card purchase.
Before or after you sign up, you could also read through all of the comments in this post as there might be other methods that people have done that I didn’t really take notice of.
I used CashApp successfully with OnPath with no problems. I have had a problem in the past where I believe I hit CashApp’s lifetime limit of 12 debit cards per CashApp account, which caused me to create a new CashApp account. In that scenario I received an error message telling me to use a debit card I had previously used.
Since CashApp works (for me and several others), most likely Venmo will work too. You can add your Venmo balance via a debit card.
Erik
Thanks Shawn. Did Cash App work for you for last month March’s interest too?
ShawntheShawn
Yes, it hasn’t failed me.
Jack
Unfortunately, neither CashApp or Venmo load works for me. I get an error or the transaction fails and money is returned to the card.I have tried with different debit cards and different CashApp recipient accounts (P2). Support is of no help.
Only one checking is allowed per membership number.
Seems like the referral bonuses were not included on my 1099
But like I started my subscriptions on April 1. Does that mean every 1st of the month it will charge the subscription? Just thought about that question now.
It took a lot of time to set the subscriptions up. I’m wondering whether some months it might charge the subscription on the 1st and other months on the 31st, for example? Or every month it will be on the 1st of the month? tia
I probably should have started it in the middle of the month just to be sure.. but oh well too late
Summer, what part of Asia or Europe are you in? It seems like you go online on these odd hours that most people are sleeping in the US…. Anyhow, I envy you that you can travel 6 months in a year
Summer
The subscriptions are consistent. If you signed up on the 1st of the month, they will always run on the 1st…never earlier. If you somehow signed up on the 31st, I’m not sure how that would play out with months that have less than 31 days.
yes! you’re getting like .50 cent a month from me.. and worth every penny. Glad that 1st will always be 1st
Just to clarify, I don’t actually receive any money from these transactions. Every $0.01 transaction gets eaten by PayPal as processing fees.
oh wow.. no worries. i wouldn’t mind at all if you were. Thanks for your service
Will adding to Paypal balance work
for the 15 debit transactions?
Some readers are reloading Paypal Savings to fulfill the debit transaction requirement. There seems to be a limit on how many you can do per day or per week. In the 🔍comment search bar, enter “Paypal savings” to do a search and you’ll see prior discussions related to it.
Was only able to complete one pp reload to savings – 10 reloads to pp balance with no issue
Bringing an old issue back to the top. This bank’s estatement sign up is not user-friendly, and they don’t register it the first month. I had to call about the $2 paper statement charge, and then online chat about missing interest. Might be a good idea to get ahead of it in the beginning.
Is it possible to complete the checking and business promo simultaneously?
I haven’t seen any DPs. However, only personal checking is mentioned in the terms & conditions of the referral program. So I am not sure if business checking qualifies.
Applied 3/26. Entered card info and the funding box allowed me to put 1000. Received a secure message 3/27 asking for more than what usually banks ask for to proceed, in case it makes you uncomfortable.
1. Unfreeze Experian (soft pull)
2. Selfie with me holding DL/ID
3. SS proof
4. Proof of address (if your ID doesn’t match application)
3/28 received a secure message that I was approved and was asked how much I want to deposit with the account (CC) on file.
Used Citi Business Aadvantage to fund $995, plus a $5 donation.
Chex pull?
It looks like Ji just became a member and opened their first account, and OnPath does pull Chex for that.
Yj32
Thank you!!