Now available nationwide, Grow Financial Federal Credit Union is offering a $300 welcome bonus when you open a new personal checking account and connect your direct deposit. Their field of membership is geared to military personnel and their families, so check on that when signing up.
How To Earn The Bonus
The Grow Financial Federal Credit Union Personal Checking promotion requires you to set up eligible direct deposits and make purchases using the account's card in order to earn the $300 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the credit union will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- To qualify for the bonus, you must open a Basic Savings AND a Grow CashBack Checking or Grow Checkless Checking Account online.
- This offer is not available to existing Grow Financial members with checking accounts, only one bonus per person.
- Your checking account must remain open and be in good standing in order to receive the bonus.
- A qualifying direct deposit is a recurring direct deposit of a paycheck, pension, social security, or other regular monthly income electronically deposited into a checking account. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, person-to-person payments, cash advance, transfers from a financial institution or brokerage account, or other electronic deposits.
Open a Personal Checking account before the bonus expires
How does this personal checking offer from Grow Financial Federal Credit Union compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
BMO
Personal Checking
- Bonus
- $400 Cash Bonus*
- Account Type
- Personal Checking
- Expires In
- 28 days
- Requires
- Direct Deposit
Bank of America
Advantage Banking Account
- Bonus
- up to $500
- Account Type
- Personal Checking
- Expires In
- 31 days
- Requires
- Direct Deposit
Chase
Chase Total Checking®
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 21 days
- Requires
- Direct Deposit
Why Grow Financial Federal Credit Union?
CashBack Checking
With Grow Financial Federal Credit Union's CashBack Checking account you’ll earn an extra $0.05 with every qualifying swipe of your Grow Visa debit card. These include in-person and online purchases, as well as bill pay transactions using your debit card.Fees
CashBack Checking does not charge a monthly maintenance fee.
Checkless Checking
Grow Financial Federal Credit Union's Chuckles Checking account is truly that. You are not allowed to write paper checks with this account. To be eligible for this account, you must receive one monthly deposit via direct deposit, ATM deposit or mobile deposit, and complete a minimum of 5 debit card purchases or bill payments with debit card each month. Otherwise they'll slap you with a $5 monthly service charge.Fees
Checkless Checking does not charge a monthly maintenance fee.
Apply now for a Personal Checking account to earn the $300 bonus offer
How to Join Grow Financial Federal 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 one of Grow Financial Federal Credit Union's membership requirements:
- Be active or retired military
- Work for one of their Select Employee Groups.
- Work as MacDill Air Force Base Civilian Personnel
- Have an immediate family member or live in the same house who qualifies for membership or is currently a member.
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.
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