English
Español
Français
Deutsch
Italiano
Português
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
Contents
Promotions and bonus offers from Beacon Credit Union can be found updated here. Typical offers range from $200 to $300.
Beacon Credit Union was established in 1939 and is headquartered in Lynchburg, Virginia. They have 10 locations throughout the state.
Read more: See bank offers from Chase Bank, U.S. Bank, TD Bank, BMO Harris, and Bank of America.
Beacon Credit Union is open those who live, work, worship, or attend school in the Virginia counties of Amherst, Appomattox, Bedford, Botetourt, Campbell, Roanoke, Rockbridge, or Pittsylvania; the North Carolina counties of Casswell or Rockingham; the Virginia cities/towns of Altavista, Appomattox, Bedford, Buena Vista, Danville, Lexington, Lynchburg, Roanoke, Salem, or Vinton; the North Carolina cities of Eden or Reidsville. Eligibility also extends to immediate family.
See current membership info.
Compare their rates with the nation’s best at these pages:
Beacon CU Promotions Review Below
Beacon Credit Union $250 Checking Bonus
- What you’ll get: $250 bonus
- Where it’s available: NC, VA
- How to earn it:
- Open a primary Choice Plus Checking account.
- You must have a direct deposit of $2,500 per month for three (3) consecutive months and maintain an average daily balance of $300.00 in order to earn the bonus.
- You must sign up for Beacon Billpay, E-statements and conduct a minimum of 15 debit card transactions for 3 consecutive months to earn the bonus.
- When it expires: Not listed
How To Earn The Bonus
- Open a primary Choice Plus Checking account.
- You must have a direct deposit of $2,500 per month for three (3) consecutive months and maintain an average daily balance of $300.00 in order to earn the bonus.
- You must sign up for Beacon Billpay, E-statements and conduct a minimum of 15 debit card transactions for 3 consecutive months to earn the bonus.
Choice Plus Checking Features
- Free Online and Mobile Banking
- Free Checks
- Free Beacon BillPay
- Free Direct Deposit
- Free E-Statements
- No Monthly Service Fee
No monthly fee with this account.
- To be eligible for the bonus, you must open a primary Choice Plus Checking account.
- Minimum balance to open a Choice Plus Checking account is $100.
- You must have a direct deposit of $2,500 per month for three (3) consecutive months and maintain an average daily balance of $300.00 in order to earn the bonus.
- You must sign up for Beacon Billpay, E-statements and conduct a minimum of 15 debit card transactions for 3 consecutive months to earn the bonus.
- Limit one bonus per household.
- Accountholders must not have opened a checking account with Beacon Credit Union within the past 12 months.
- Promotional reward will be paid to eligible accountholders at the end of the month in which all qualifications are met.
- Offer available for a limited time.
- Beacon Checking Accounts are subject to credit qualification.
- Beacon has the right to end or modify any promotion at any time.
- Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
Bottom Line
The advertised rate for this Checking account is really nice, but in reality it’s capped off at a $2,000 maximum balance. The direct deposit requirement for this bonus is quite steep in comparison to other offers. Compare this offer with the best bank offers here.
Read more: See the best bank promotions here and the best investing promotions here.
