The Offer
Direct link to offer (must have received e-mail)
- First Tech Federal Credit Union is offering 40,000 points (worth $400 in statement credit) when you spend $3,000 within the first 60 days. Must accept by July 19, 2024
Card Details
- No annual fee
- Card earns at the following rates:
- 2 points for every $1 you spend on everyday items like gas and groceries
- 1 point for every $1 you spend on all other purchases
Our Verdict
A lot of readers have been targeted due to the previous checking bonuses that were offered. Good deal that is worth doing if you’re targeted.
Hat tip to Gadget – Bank Bonus Geek
You can’t close out your savings / checking without closing your credit card as well, FYI to all. I suppose I should’ve known since this is a CU and these accounts usually represent your share in the CU.
Hopefully in the future First Techs bank bonus offer will be like the previous one where you just need to be DD free for a certain period of time and not a new member.
My second 20k bonus points posted 9/30/24 (2 days before statement close).
Check under “manage cards.” Maybe they always post on the last day of the month.
The first 20k bonus points had appeared on my 9/2/24 statement after completing the $3k spend in early August.
A reminder to beware when cashing out:
For account deposits, please allow 5-7 days.
For statement credits, please allow two statement cycles.
Couple items of interest…
The 20K bonus doesn’t necessarily post at statement end as others said/implied. My statements are closing on the 2nd of the month. My 20K bonus posted this week. I’m cashing out to checking account. Status this evening says shipped with tomorrow’s date, so I ASS-U-ME it will be in my checking tomorrow.
They still owe me the other half of the bonus, as others have stated, so not too worried there.
My day 60 was 9/16. I finished my spend on 9/7. If doing bank funding, verify you are getting at least one point per dollar. I chose not to do so.
Every purchase I did was at least 1x points:
Grocery, Wal-Mart Neighborhood Market, and Best Buy were 2x.
Paying util bills, paying local taxes, Home Depot, restaurants, EZ Pass online were 1x.
Probably going to sock drawer the card and possibly close it in a few months. No rush.
Anyone tried it lately to see if gets a small balance waiver? I doubt it will. Per a DP, it wasn’t working in 2019.
I met my required spend on 7/17.
I only have one statement available to see in my account for some reason which had the closing date of 8/2. I’m not sure why I don’t have a September statement in my account. In any case, based on the original statement I also did not receive the points at statement closing.
Many CC’s don’t give you a monthly statement if you had no activity for the month. I guess points activity was not enough to trigger a statement, which is slightly odd.
Thanks for the DP on the 2nd 20K!
My $237.xx redemption did not show up in my checking account today. Guessing it will be soon… I see no time estimate. The rewards site seems so disjointed from First Tech, they are probably mailing a check from India. J/K Guessing ACH 1-3 days?
I requested my ACH on a Friday and according to my transaction list the ACH posted the following Monday (so next business day)
I haven’t been checking daily, but noticed the extra 20,000 points were there today. Redeemed to checking. Day 82.
But, I just checked the 10/02 statement and they were accounted for there. Day 76.
“Bonus Points & Adjustments 40,000”
EDIT: Oh, and they did not waive 99 cents. 🙁
Has anyone got their 2nd 1/2 of the bonus yet? I got $200 bonus points last month, and nothing on this mo. statement cycle. And does anyone know how to redeem the points?
No to the 2nd half.
To redeem:
You can use the points to pay down your balance or deposit to checking.
It takes a few days to post, so may be better to PIF your balance and send the rewards to checking.
Thanks for the instructions! Agree to the option to send bonus $ to checking.
I ordered on 9/9/2024 and still no statement credit. How long does it take?
I made the same mistake. 🙁 After it was too late I found this on another obscure page:
For account deposits, please allow 5-7 days.
For statement credits, please allow two statement cycles.
2 statemennt cycles lol
I also made the same mistake without knowing statement credits would take so long to post. Guess I’ll be waiting until early November now…
Just as a heads up, I was confirmed 100% via support in which they actually opened up a case for me that I was part of the 40,000 offer. Despite that, even after meeting qualifications I only received 20,000.
Support via SM is telling me the generic, “they will post 2 statements following the qualification period”. It’s possible they’re correct, that the base offer posted and then the additional 20,000 will post then. But this seems highly unlikely, I don’t know if I’ve ever had a bonus offer credit like this before, and definitely not a CC bonus.
Anyone else complete the requirements?
Gadget - Bank Bonus Geek 🔗 
Znoshi
Just started my spend. Extra incentive for me not to do bank account funding because they may be manually reviewing. Do I want to buy new furniture, or pay taxes? Pay taxes.
And, I am not surprised they are going to post it separately. Since there was no promo code, they post the standard bonus, then go to verify we were targeted. Someone else emailed me with the same scenario – got the 20K right away, but waiting on the other 20K.
I will complete it this month and post a DP. I waited to PIF the first statement before finishing because they are risk averse and imaginative.
40,000 offer.
Completed spend in August.
20,000 bonus posted on 9/2/24 statement.
Perhaps the remaining 20,000 will post automatically on 10/2.
If not I’ll SM.
I met the spend and just got my first statement, which only awarded 20,000. I received the offer via USPS mail for 40,000. I sent a secure message today asking about it.
Support told me the additional 20,000 points will post on the second statement following the qualification of the bonus. This team, support was more clear about what I was asking.The other times, they were too vague.
I got a reply to my secure message and they said it will be 7-10 days for a resolution. Maybe that will be the resolution, to tell me that they post the other 20000 next month. Thanks for posting your reply.
update:
Hello,
We’re writing to let you know your request regarding the research o 20000 rewards points has been completed. Per the Terms and Conditions of the offer you received:
“To qualify for the 40,000 Rewards Points bonus, purchases totaling at least $3,000 must post to the account within 60 days of account opening. Rewards Points will be awarded on the second statement following qualification for the bonus.”
Please reciew your next upcoming statements for the remaining bonus points to be credited. Please contact us if you have any further questions regarding this matter.
Thank you for choosing First Tech.
Sincerely,
First Tech Federal Credit Union
Where can you find the points earned under your account?
You need to hit manage cards at the top of the screen. Then click the card. Then you’ll see the rewards points.
I was targeted for this offer, could not apply due to crowstrike. I applied the day after on 19th, will I still get 40k pts instead of 20k?
Applied today. Pending. As expected, instant Experian hard pull.
First time I have ever seen a bank wanting to link your other bank account via PLAID where your income is deposited. There was the option to skip it, which I did, but they hold the threat of having to provide bank statements if you do.
I plan to provide a paystub and if they balk at it, I will tell them to shove it. Not really excited to do the $3K spend within 50 days (approx) with no DP’s if bank funding works.
No promo code provided, nor preapproval code in the letter says to me I will probably have to ask for the other half of the bonus. (Standard bonus is 20K pts)
Approved. DocuSign received via email. VM received. $5K CL. 811 FICO. Per Experian (I checked before applying), 1% util, 280K in available credit.
They usually deny everyone with that much available credit. I’ve seen over 200k is usually an instant no.
As someone else on the page stated, likely only approved because I was applying via a preapproval offer. (even though there was no invite code)
Komma
I got this offer in the mail a week or two back and applied today. I was approved shortly after applying with a $5k credit limit. I’m moving soon so have some expenses that I can put on the card to meet the spend requirement. I was hoping I’d get a digital card so I could get the card details immediately, but seems I have to wait for the physical card in the mail.
Physical card came in 8 days. Suggest ramping up slowly and starting organic because they are risk averse.
How are people being notified? In email or in app? Currently doing the checking bonus but don’t see a CC offer anywhere
Both email and USPS.
Both came before completing the checking bonus. Another email came a few days after opening the card but I didn’t go for a 2nd.
Via snail mail. Blue envelope. No email. Nothing in app or online banking.
Nathan
I discussed my initial reaction here: https://www.doctorofcredit.com/contact-us/#comment-1869177
I received the offer via USPS, then after applying and being approved, received the offer again via email.
I got one in the mail
Note the wording, must accept *before* July 19th. I got this targeted offer a couple months back and got approved on that equivalent final date in the letter and only got 20k points. Not sure if it really cutoff the day before but I’ll contact them to see if I can get the other 20k
I’m guessing the special offer wasn’t attached, because 20k is the regular bonus.
I bet you’ll get the extra 20k if you send them a photo or screenshot of your offer.