First Tech FCU Bonus, $100 For New Customers and Referrals

First Tech Federal Credit Union has a new promotion that can earn you $100 when you sign up. The bonus is easy. But you can also earn $100 for every person that you refer.

Offer

New customers can get $100 when they sign up. Here’s how it works:

Go to Offer Page (referral link)
To qualify for the $100 reward, must establish membership (by opening a savings account with $5) and open a checking account.
Within 30 days of checking account opening, must deposit at least $250 in new funds into their First Tech checking account and maintain an average daily balance of at least $250 for 30 days from initial deposit.
Limited to one $100 reward and not available in combination with other new member offers.

Qualifying Checking Accounts: Carefree Checking 0.00% APY (Annual Percentage Yield); First Checking Plus 0.05% APY; Dividend Rewards Checking (DRC) 1.25% Qualified APY on the first $10,000 and 0.10% APY on remaining balance; DRC Non-Qualified 0.05% APY on all balances.

For referring members, reward amounts may be reported on IRS form 1099-MISC. For referred members, the reward is considered interest and may be reported on IRS form 1099-INT.

Referring Members

You will receive one $100 reward per qualified new member up to an annual referral bonus total of $1,000.
Must be members for at least 30 days before being eligible to refer new members and receive rewards.

Eligibility

Opening a Membership Savings Account with a deposit of $5.00 is required prior to opening any other type of accounts.
Offer valid for new members and accounts opened at firsttechfed.com.
Must be at least 18 years old to participate in the offer.
Available on personal accounts only.
First Tech employees are ineligible.
All accounts must remain open, and in good standing, as defined in the Limitation and Termination of Services section in the Membership and Account Agreement, on day of payout. First Tech will deposit the rewards into the Membership Savings Accounts of both parties within 30 days of the referred member meeting requirements.

Fees

The checking and savings accounts have no fees.

Guru’s Wrap-up

This is an easy bonus and both parties can get $100. For those signing up, all you need to do is deposit at least $250 and keep it in the account for 30 days. If you already have an account for at least 30 days, then make sure you refer friends and family members now so you both can get $100. This becomes a $200 bonus for everyone you refer ($100+$100). You are limited to 10 referrals.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.