Suffolk Federal Credit Union is offering a $25 bonus for youth savings accounts that reach $1,000. It's a small bonus as most youth deals are, but it may help keep up your child's excitement for saving.
How To Earn The Bonus
The Suffolk Credit Union Youth Savings promotion requires you to deposit and maintain a minimum balance in order to earn the $25 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
- Youth Savings accounts must be custodial accounts.
Open a Youth Savings account before the bonus expires
How does this student savings offer from Suffolk 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:
Chase
Chase Business Complete Checking®
- Bonus
- $300
- Account Type
- Business Checking
- Expires In
- 90 days
- Requires
- Min Balance
- Card Spend (optional)
Recent Versions of This Offer
Banks often tweak the requirements and the reward amount of their welcome offers. Track how this welcome bonus from Suffolk Credit Union has changed over time:
| Promo Dates | Amount | Requirement Notes |
|---|---|---|
| Jun 19 - Jul 11, 2023 | up to $50 | Earn $25 just for opening the account, and an additional $25 when the account reaches $1,000. |
Why Suffolk Credit Union?
Youth Savings
Suffolk Federal Credit Union’s Youth Savings account is a great way for kids to learn about saving. They'll even earn dividends once their balance reaches $100. At the age of 18, their account will be converted into a regular savings account. Youth Savings accounts must be custodial accounts.Fees
Youth Savings does not charge a monthly maintenance fee.
Apply now for a Youth Savings account to earn the $25 bonus offer
How to Join Suffolk 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 Suffolk Credit Union's membership requirements:
- Anyone who lives, works, worships, attends school or regularly conducts business in Suffolk or Nassau County, NY.
- Have an immediate family who is a current 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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