CEFCU Personal Checking Account $175 Bonus

Citizens Equity First Credit Union logo

Citizens Equity First Credit Union : Personal Checking Account

up to $175

Offer Expired On

June 30, 2022

How To Earn The Bonus

  1. Open a new checking account using the link below.
  2. Enroll in e-statements.
  3. Earn $150 by meeting ONE of the following requirements in the first full calendar month after account opening: (1) an individual balance of $5,000, (2) a household balance of $10,000, (3) make 5 debit card purchases of $15 each, OR (4) have direct deposits totaling $500.
  4. Earn an additional $25 by making 5 debit card purchases each month (with each purchase being at least $15), for the first 3 full calendar months following account opening.
  5. Bonus will be deposited 4-6 weeks after the third full calendar month following account opening.

Available in Your Area?

No

Monthly Fees?

Varies

Open Online?

Yes

Credit Pull?

Hard

Citizens Equity First Credit Union logo

Back for 2022, CEFCU is offering a $175 welcome bonus when you open a new personal checking account and one of the required activities. This offer is only open to California residents.

How To Earn The Bonus

The CEFCU Personal Checking Account promotion requires you to optionally, set up direct deposits, deposit and maintain a minimum balance and make purchases using the account's card in order to earn the $175 bonus.

Full requirements to receive this bonus are:

  1. Open a new checking account using the link below.
  2. Enroll in e-statements.
  3. Earn $150 by meeting ONE of the following requirements in the first full calendar month after account opening: (1) an individual balance of $5,000, (2) a household balance of $10,000, (3) make 5 debit card purchases of $15 each, OR (4) have direct deposits totaling $500.
  4. Earn an additional $25 by making 5 debit card purchases each month (with each purchase being at least $15), for the first 3 full calendar months following account opening.
  5. Bonus will be deposited 4-6 weeks after the third full calendar month following account opening.

The fine print

  • You must reside in California and qualify for a new checking account in order to be eligible.
  • Must enroll in e-statements before the end of that first full calendar month.
  • Account must be in good standing as of the bonus fulfillment date.
  • Your bonus will be deposited to the CEFCU Savings account associated with your new Checking account within 4 to 6 weeks of the end of the third full calendar month following account opening.

How does this checking offer from CEFCU compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Citi

Citi Priority Account

Bonus
up to $1500
Account Type
Personal Checking
Expires In
15 days
Requires
  • Min Balance

Fifth Third Bank

Personal Checking

Bonus
$375
Account Type
Personal Checking
Expires In
90 days
Requires
  • Direct Deposit

Chase

Chase Total Checking®

Bonus
$200
Account Type
Personal Checking
Expires In
18 days
Requires
  • Direct Deposit

Why Citizens Equity First Credit Union?

Checking

Fees

Checking does not charge a monthly fee.

Dividend Checking

CEFCU's Dividend Checking account offers the same benefits as their regular Checking account plus pays dividends on your balance. The account has no monthly maintenance fee, but does require a $2,500 average daily balance. For each month you fall below that, you'll be charged $6.

Fees

Dividend Checking does not charge a monthly fee.

How to Join Citizens Equity First Credit Union

Credit unions differ from banks in that they restrict membership based on a shared common bond, or the credit union’s “field of membership”.

That means in order to qualify for this bonus (or any offer from a credit union), you'll first need to meet CEFCU's membership requirements:

  • Be a U.S. Citizen, or resident alien, who is at least 18 years of age, and lives or works in one of these Illinois counties: Bond, Christian, Clinton, Fulton, Jersey, Knox, Livingston, Logan, Macon, Macoupin, Madison, Marshall, Mason, McLean, Monroe, Montgomery, Peoria, Putnam, Randolph, Saint Clair, Sangamon, Stark, Tazewell, Washington, or Woodford.
  • Be a U.S. Citizen, or resident alien, who is at least 18 years of age, and lives, works, or regularly worships in one of these California counties: Alameda, Contra Costa, or Santa Clara.
  • Be an employee or retiree of Caterpillar Inc., Caterpillar subsidiaries, or Caterpillar Dealerships.
  • Be an employee or retiree of a CEFCU partner company.
  • Be an immediate family member or in same household of someone who is eligible to join CEFCU.
  • Be the spouse of a member who has passed away.
  • Be a CEFCU employee or retiree

Keep in mind that nearly all credit unions have a "once a member, always a member" policy, so once you're in, the above restrictions no longer apply.