Promotions and bonus offers from American Heritage Credit Union (americanheritagecu.org) can be found updated here. Typical offers range from $100 to $200.
- Update 12/11/23: The offer is still good.
- Update 9/14/23: The offer increased from $200 to $300 and now good through December 31, 2023.
- Update 12/18/22: Offer is back and expires December 31, 2022.
American Heritage CU was established in 1948 and is headquartered in Philadelphia, PA. They have 32 locations throughout New Jersey and Pennsylvania.
Membership in American Heritage Federal Credit Union is open to anyone through membership in the Kids-N-Hope Foundation. Membership is also open to individuals who live, work, worship, or attend school in Ambler, Bensalem, Bridgeport, Bristol, Bryn Athyn, Butler, Cheltenham, Conshohocken, Fort Washington, Norristown, Penndel, Philadelphia, Souderton, Southampton, Tullytown, Villanova, or Warminster Heights, Pennsylvania and employees of more than 700 Select Employer Groups.
See current membership info.
American Heritage $300 Checking Bonus
- What you’ll get: Up to $300 bonus
- Where it’s available: Philadelphia, PA in-branch
- How to earn it: Set up a Direct Deposit of $500 or more per month and use your debit card 25+ times in the first 3 months, then you’ll earn $200.
- When it expires: 12/31/2022
Waive The Monthly Fee
They offer a free checking account that has no monthly fees.
Fine Print
- Offer Period: Valid from May 1, 2023, through December 31, 2023.
- Offer Changes: All offers are subject to change without prior notice.
- Eligibility: Offer applicable only to specified checking accounts opened through a valid Workplace Partner or designation (if opened online).
- Workplace Partner Program: Available exclusively for employees of organizations participating in the American Heritage Credit Union Workplace Partner Program.
- Bonus Criteria: To earn the bonus, set up a direct deposit totaling $500 or more in each of the three full statement cycles following the month of account opening, receiving $75 per statement cycle, for a maximum bonus of $225. An additional $75 bonus is granted when 30 or more cumulative debit card transactions occur during the first three full statement cycles following account opening.
- Bonus Example: For an account opened in May 2023, the accountholder must have cumulative direct deposits of $500 or more in June, July, and August 2023, along with at least 30 debit card purchases during those months to qualify.
- Bonus Award: Bonuses will be awarded at the end of the 90-day promotional period.
- Transaction Eligibility: Bonus eligibility is based on purchases only; ATM withdrawals are not considered.
- Invitation Only: Offer is valid for specified checking accounts and is by invitation only.
- Offer Flexibility: American Heritage reserves the right to cancel, modify, or extend this offer at any time without notice.
- Membership Requirement: The member must be in good standing with a minimum $15 deposit in the primary share account.
- Tax Responsibility: Members receiving incentives may be responsible for paying taxes on the incentives.
- Promotion Limit: Not combinable with other promotions, and there’s a limit of one offer per household.
- Employee and Account Restrictions: Employees and their family members, as well as business and fiduciary accounts, are not eligible.
- Fees Consideration: Overdraft or returned item fees may apply.
- Membership eligibility required.
My Impression of the Offer
The CU had previously offered a $200 bonus and $100 before that, so in comparison this is a much more enticing offer. If you’re looking for a larger bank, Chase is offering $200 for a new checking account.
READ MORE: WELCOME OFFERS FROM CHASE, BANK OF AMERICA, TD BANK, AXOS, AND BMO.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.