Grow Financial Federal Credit Union: $300 New Checking Bonus and $50 Referral Incentives (Active and Retired Military)

Grow Financial Federal Credit Union will give new and existing members a $300 cash bonus when you open a Basic Savings account along with a Grow Checking account and receive 2 $500 direct deposits within 90 days, and you can participate in the Grow Financial FCU Refer-A-Friend Program that offers both parties a $50 bonus each when a current member refers a new member who funds a new Grow Checking account with at least $100.

In order to be eligible for membership with Grow Financial Federal Credit Union, you must be active or retired military, currently working for one of their Select Employee Groups or as a MacDill Air Force Base Civilian Personnel, or have an immediate family or household member who qualifies for membership or is currently a member.

To join Grow Financial, everyone must open a Basic Savings account with a $1 minimum deposit, although you will also have to open a Grow Checking account in order to qualify for one of the cash bonuses listed below.

If you are a Grow Financial FCU member, please feel free to exchange your contact information or referral codes in the below comments, so that everybody can take advantage of the new member referral bonuses.

Grow Financial $300 New Checking Bonus

1. Visit this Grow Financial $300 Promotional Link to get started if you are a current or existing member.

2. Open either a Basic Savings & CashBack Checking account or a Basic Savings & Checkless Checking account (existing Grow Financial members already have a Basic Savings account and will only need to open a checking account).

3. Set up a newly established direct deposit with your online or mobile banking account.

4. Receive 2 $500 direct deposits within 90 days, totaling a minimum of $1,000. A qualifying direct deposit is a recurring direct deposit of a paycheck, pension, social security, or other regular monthly income electronically deposited into a checking account.

5. Additionally, Grow Online Banking and Mobile Banking must be set up within 90 days of opening the checking account.

6. The $300 cash bonus will be credited to the account within 90 days of satisfying the minimum direct deposit requirement and Grow Online Banking registration.

7. To obtain membership, applicants must meet the eligibility criteria and open a Basic Savings account with a minimum deposit of $1.

8. In order to be eligible, the primary member must not have an existing or previously closed checking account with Grow Financial Federal Credit Union.

9. It does indicate that you can only qualify for 1 checking account promotion per calendar year, so it looks like you CANNOT combine this offer with the below referral promotion.

Grow Financial $50 Refer-A-Friend Promotion

Through the Grow Financial FCU Referral Program, current members can refer new members, and both parties will receive a $50 bonus each when the new member opens a Grow CashBack Checking or Grow Checkless Checking account and funds it with at least $100 in addition to setting up online banking and logging in at least once.

If you are a current Grow Financial member, you can access your unique referral code in your Grow online and mobile banking platform by selecting “Refer-A-Friend” under Tools in the Menu.

The new member will have to enter the current member’s referral code during the account opening process to be eligible for the $50 incentive, and the code can be entered in a field toward the end of the application labeled “Promotional Code.”

To qualify for the $50 bonus, the new member must be a first-time Grow member, meet membership eligibility requirements, open a Basic Savings account with $10 and a Grow Checking account with at least $100, and enroll in online banking and log in at least once.

Both $50 bonus incentives will be deposited into the applicable Basic Savings accounts 60 days after all qualifying requirements are completed.

Current Grow members can earn up to 10 referral bonuses per calendar year, for a maximum of $500 per year.

One unique note is that a primary member can refer a joint owner, as long as that person is not already a primary member on a different account, and as long as both participants are at least 18 years old.

If you are an active or retired member of the military, consider becoming a member of Grow Financial Federal Credit Union in order to earn a $300 welcome bonus and extra $50 referral rewards for sharing Grow Financial with your friends and family.