The Offer
- PSECU is offering a $300 cash signup bonus on both their Founder’s and Classic credit cards after you spend $900 within 90 days.
The Fine Print
- Must be a member of PSECU. If not you must apply for membership and join PSECU.
- Must be 21 years of age.
Card Details
- No annual fee
- No foreign transaction fee
- The Founder’s card earns either 1.5% or 2% cashback, details in this post
Our Verdict
Nice $300 cash signup bonus with low $900 spend requirement, I can see many people being interested in this for the bonus. It does cost $20 to join PSECU, though they give you $10 back, so it’s a $10 net cost. Still makes it feel more complicated, mentally. Some might already have membership from their checking deal.
We’ll add this to our list of Best Credit Card Signup Bonuses.
Hat tip to readers Brian and Jun
View Comments (102)
Does anyone use an ach push for dir dep to get the 2% on this card? I've been using Treasury direct successfully but would prefer a bank push instead.
I realize there's dp's for ach for the checking account bonus, but i previously had read that they didn't work to get the 2% for the credit card.
Just wondering if any of you have tried it successfully, and if so, which banks worked to get the 2% on the credit card, thanks.
PSECU IS STUCK IN THE 1800s, TO CLOSE THIS ACCOUNT YOU HAVE TO PRINT OUT A FORM AND MAIL / FAX IT TO THEM.
10/10 GREAT BANK.
did anyone's rewards for the 2% purchases post yesterday? it says on my statement rewards earned zero, i just wondered if there was some kind of glitch this month, or if others received their rewards. it's always on the statement on the last day of the month, did you all receive your rewards today on your statement?
nevermind, there's a note on their homepage that rewards posting was delayed, so it was just a glitch, no need to call them
Did you get yours yet?
yeah, posted the next day
12/29/21 Applied and Approved Instantly
1/19/22 Received Card and $900 Purchase complete
1/24/22 CYC 300 (Posted to Regular Share)
21/11/26: Joined the credit union
21/12/30: Applied for credit card and approved with:
Inquiries (Experian):
Past 24 months: 17
Past 18 months: 16
Past 12 months: 13
Past 06 months: 07
Past 03 months: 05
Past 01 months: 01
Accounts:
Past 24 months: 11
Past 18 months: 10
Past 12 months: 09
Past 06 months: 06
Past 03 months: 04
Past 01 months: 00
22/01/20: $900 credit card transaction (funding for TTCU)
22/01/24: $300 bonus posted
Already had membership. Applied 12/30 with lol/24. Approve instantly with max CL. Funded bank account $1200. Bonus posted to regular shares following Monday. Anyone needing a referral for their checking account feel free to click my name for my email/link. Thanks!!
Expired? Page is still up, but it says you must apply between 11/1/2021 and 12/31/2021.
The $300 was deposited into my "regular share" account the day after I spent the $900.
Same here! Hit $900 yesterday, and the bonus showed up today.
Same here, 3 days later. No notification or anything.
Auto approved for 21k with a 746 Fico8 and 11 hard inquiries. I am also a existing PSECU Checking and Founders Visa client for 8 months now. I only got a hard inquiry on my Experian and as @guest_1288106 mentioned I got the inquiry after I entered my social security number but before I submitted the application. Based on https://www.doctorofcredit.com/psecu-credit-card-300-signup-bonus/#comment-1288106 https://www.doctorofcredit.com/pa-only-psecu-100-250-checking-bonus/#comment-1174657 and https://www.doctorofcredit.com/pa-only-psecu-100-250-checking-bonus/#comment-1179476 one might be able to freeze Experian and take a hit on TransUnion instead. I wish I thought about this before I applied. YMMV.
" Limit (1) cash offer per new Classic Card or Rewards Card account. "
So either the classic or rewards card account will only apply to the offer? Does that mean we can't apply for both and get $300 for each?
They told me you cannot get 1 bonus for each. It's one bonus total only.