Union Bank is offering up to $750 in referral rewards for current customers, plus new customers can earn up to $100 in checking account bonuses through March 31, 2014.
Union Bank has retail branches in California, Washington, and Oregon as well as commercial branches in Texas, New York, and Illinois, in addition to 2 international offices.
Current customers can get $50 for each personal checking account and $100 for each business checking account that you refer for up to $750 in total rewards.
New personal checking customers can get $50 and new business checking customers can get $100 when you open a checking account through a current customer’s referral.
How To Refer Union Bank Customers
Current Union Bank customers can simply print and sign your referral coupons to share with friends or businesses.
New customers to Union Bank must present the referral coupon with the referring customer’s signature in branch at the time of account opening.
The new customers must open an account by March 31, 2014, and meet the qualifications for the program.
Check out the Union Bank Referral Program to access referral coupons to share with your friends and business partners, and you are more than welcome to share referrals in the comments section below this article.
This referral offer cannot be combined with any other checking offer.
Who Can Refer New Union Bank Customers
The referral bonus is available to existing personal checking, personal savings, and business checking account holders only.
Union Bank employees are not eligible to participate.
The referring customer will earn $50 for referring a new customer who opens a Union Bank personal checking account or $100 for referring a new business customer who opens a Union Bank business checking account.
The new checking account must remain active and in good standing for 30 days following account opening for the referrer to receive the bonus.
The new customer must present the signed Share the Rewards referral coupon in a branch at the time when the account is opened.
If the referring customer is a business, the individual signing the referral coupon on behalf of the business must be an owner or authorized signer on the business account.
There is a limit of 5 referral rewards for personal checking and 5 referral awards for business checking per calendar year.
There is a $750 maximum reward for each customer in each calendar year.
Reward Payments for Referring Customers:
Reward payments will be deposited into an existing personal checking, personal savings, or business checking account, which must be active and in good standing.
Reward payments to business customers will be made in the business checking account, and not to the personal account of the individual referring on behalf of the business.
Rewards will be paid within 60 days of the referred customer’s account opening.
New Business Customer:
The new customer will earn $100 when you open a business checking account (minimum opening deposit $100), maintain it in good standing for 90 days, and meet the qualifying requirements.
Qualifying requirements include the following:
1. Maintain a monthly average balance of at least $1,000 in the account each month after account opening.
2. Perform at least 5 account transactions each month after account opening.
Eligible transactions include each debit or paid item, each credit or deposit, and each item deposited (excluding checks deposited through Remote Deposit Service). Bank transactions, such as fees or adjustments, are excluded.
New Personal Customer:
The new customer will earn $50 when you open a personal checking account (minimum opening deposit $100), maintain it in good standing for 90 days, and meet the qualifying requirements.
Qualifying requirements include 1 of the following:
1. Maintain ongoing monthly direct deposit of $100 or more.
2. Make 3 Union Bank online bill payments to 3 different payees each month.
3. Perform at least 5 ATM/Debit card purchase transactions each month after account opening.
New Customer Eligibility:
This offer is valid only for new customers with funds not presently on deposit with Union Bank.
New customers are limited to those who have not maintained an account relationship with Union Bank within the previous 6 months.
Reward Payments for Referred Customers:
The reward payments will be deposited into the new business checking account, which must be active and in good standing.
The reward will be deposited within 120 days of account opening.
Refer new customers to Union Bank to receive up to $750 in referral rewards, plus get up to $100 in new account bonuses when you open a checking account at Union Bank.