Credit Union 1 is offering a $500 cash bonus to new and existing members with a CU1 free checking account when you receive a recurring total direct deposit of $1,000 per month for 3 consecutive months, available nationwide with open membership available to anyone who wants to join Credit Union 1.
Membership Eligibility for Credit Union 1
Anyone in the U.S.A. can qualify for Credit Union 1 Membership when you apply for membership under the Credit Union 1 Educational Development Association (CU1EDA) for a 1-time $5 donation, which gives you lifetime eligibility to CU1 membership.
In addition, there is a 1-time $5 membership fee to join CU1, and there is a $5 initial account deposit when you join.
To start your CU1 membership, you must pay a total of $10 ($15 if joining through CU1EDA), and you’ll get access to this $500 CU1 checking account promotion as well as all of the other benefits of Credit Union 1.
CU1 Checking Account $500 Direct Deposit Bonus
1. Visit this CU1 $500 Free Checking Account Promotion to access this special offer.
2. You must use Promo Code CHK500 when applying online for new CU1 checking account members, or mention the “$500 checking offer” if you apply by phone or in-branch (or if you are an existing CU1 checking account member).
3. Establish and receive a minimum recurring aggregate total direct deposit of $1,000 per month into the CU1 checking account. Your direct deposit must be from an electronic deposit of your paycheck, investment account, pension or government benefits distribution from your employer or government agency.
4. The $500 bonus will be deposited into your account within 7 days following 3 consecutive months of qualifying direct deposit activity.
5. If the checking account is closed within 12 months after opening, CU1 will deduct the bonus amount from the checking account at closing.
Offer not available to existing members who already have a direct deposit coming into a CU1 account, those whose accounts have been closed within 90 days, or those whose accounts have been closed with a negative balance within the last 3 years from the date of use of the promo code.
Once you are a Credit Union 1 member, you may also qualify for this CU1 3% APY 44-Month Share Certificate $500 Bonus when you deposit new money over $100,000.
Check out the other Credit Union 1 promotions in their website menu for more offers that are available to CU1 members.