Available in Washington and Oregon, Red Canoe Credit Union is offering a $250 welcome bonus when you open a new business checking account and perform a checking-related task. It's about as easy as it gets, with multiple types of transactions that qualify. What's even more? You can stack this offer with their consumer account bonus (when offered) to earn to potentially earn more money.
How To Earn The Bonus
The Red Canoe Credit Union Business Checking promotion requires you to optionally, set up eligible direct deposits, make purchases using the account's card and set up bill pay in order to earn the $250 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
- Limit one New Business Account $250 Bonus (offer) per tax identification number.
- The offer is not valid on consumer accounts, or anyone with an existing business account at Red Canoe Credit Union
Open a Business Checking account before the bonus expires
How does this business checking offer from Red Canoe 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:
Why Red Canoe Credit Union?
Business Checking
First 100 check/ACH free per month; $.25 each thereafter. First $5,000 cash transactions free per month; .2% of total thereafter.Fees
Business Checking does charge a monthly maintenance fee of $10, but there are ways to get this waived:
- Maintain minimum balance of $1,500
Apply now for a Business Checking account to earn the $250 bonus offer
How to Join Red Canoe 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 Red Canoe Credit Union's membership requirements:
- Live, work, worship, or attend school in the State of Washington.
- Live or work in the Oregon counties of Linn, Benton, Lane, Marion and Polk.
- Be a family member of someone meeting one of the requirements listed above.
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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