If you live in Colorado, Sunwest Credit Union is offering a $200 welcome bonus when you open a new personal checking account and set up direct deposit.
This offer is DOUBLE what it was when available at the end of 2022; however, they've set the minimum direct deposit amount at $1,000.
How To Earn The Bonus
The Sunwest Educational Credit Union Free Checking promotion requires you to set up direct deposits in order to earn the $200 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
- Direct deposit must be a regular monthly income (such as salary, pension, Social Security, etc.) electronically deposited via Automated Clearing House (ACH) network by an outside agency, not the account holder, to qualify.
- If membership is not already established, there is a $5 donation to SunWest Foundation, and a $5 membership share deposit required.
- All accounts subject to approval.
Open a Free Checking account before the bonus expires on December 31, 2024
How does this personal checking offer from Sunwest Educational 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:
PNC
Virtual Wallet®
- Bonus
- up to $400
- Account Type
- Personal Checking
- Expires In
- 57 days
- Requires
- Direct Deposit
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 241 days
- Requires
- Direct Deposit
U.S. Bank
U.S. Bank Smartly® Checking
- Bonus
- up to $700
- Account Type
- Personal Checking
- Expires In
- 53 days
- Requires
- Direct Deposit
- Min Balance (optional)
Why Sunwest Educational Credit Union?
Free Checking
Fees
Free Checking does not charge a monthly maintenance fee.
Apply now for a Free Checking account to earn the $200 bonus offer
How to Join Sunwest Educational 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 Sunwest Educational Credit Union's membership requirements:
- Make a $5 donation to the SunWest Foundation.
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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