Navy Federal Credit Union is offering a special $50 Active Duty Checking account bonus and other promotions for Military Appreciation Month 2014.
Members can get $50 referral bonuses, 3.5% APY Certificate of Deposits, a $50 new checking account bonus, and a $300 auto loan refinancing promotion.
Navy Federal Credit Union serves Army, Marine Corps, Navy, Air Force, military Delayed Enlistment Program (DEP) Personnel, DoD civilians, and their families.
Check out the Navy Federal Military Appreciation Month for these special savings.
Active Duty Checking $50 Bonus
You must open an Active Duty Checking account, which requires a qualifying Military Direct Deposit, to get a $50 bonus.
This offer is only valid for new Active Duty Checking accounts, as conversions are not eligible.
To be eligible for this account, you must be Active Duty, retired, or reserve military, and you must have a qualifying Military Direct Deposit of Net Pay that posts to your Active Duty Checking account within 90 days.
If the Direct Deposit stops for more than 90 days, your account will convert to an EveryDay Checking account.
There is no minimum balance to open and maintain your Active Duty Checking account, or to obtain the bonus.
The bonus will be deposited within 30 days of account opening.
If you open the account in person, this program must be mentioned at the time of opening for your account to be credited.
This offer excludes members who join via Parris Island or Great Lakes.
Navy Federal $50 Referral Bonus
Current Navy Federal members can earn a $50 bonus for referring eligible friends and family members to join the Navy Federal Credit Union.
Plus, new members will also receive a $50 bonus, so everybody wins.
Review the Navy Federal Referral Program for additional details.
3.5% APY Military Appreciation Certificate
You can also sign up for a 3.5% APY Military Appreciation Certificate.
They are offering a 12-month term CD with a $25 minimum balance and a $5,000 maximum balance.
There is a limit of 1 CD per member at this special rate.
Certificate owners age 18 and older must have Direct Deposit of Net Pay (minimum $300 per direct deposit) and a Navy Federal checking account within 90 days of certificate issue date.
If these requirements are not met, your Military Appreciation Certificate dividend rate will be reduced to the prevailing dividend rate of the standard EasyStart Certificate for the remainder of the certificate’s term.
Additional deposits can be made at any time.
At maturity, the Military Appreciation Certificate will mature into a $100 minimum balance, standard EasyStart Certificate.
Auto Loan Refinance $300 Promotion
Bring your auto loan to Navy Federal for a low rate and a $300 cash bonus.
This offer cannot be combined with other consumer loan offers.
This offer is not valid on existing Navy Federal Credit Union loans.
To qualify, refinance applications must be submitted between May 1st and May 31, 2014.
The refinanced loan must be in good standing after 60 days of origination in order to receive the bonus offer.
The $300 will be credited to the primary applicant’s savings account between 61 and 65 days of the loan origination date.
If the refinanced loan is canceled or paid off in the first 60 days of origination, the $300 offer will become invalid.
Check out these other Bank and Credit Union Promotions for more banking offers.
Participate in Navy Federal’s Military Appreciation Month to earn referral bonuses, special CD rates, and auto refinance bonuses.