Columbia Credit Union is offering $100 for both you and your friend when they sign up and open a new checking account with direct deposit of $500 or more.
Update 1/10/25: The offer is now back down to $50 instead of $100.
Update 1/20/24: The offer is back. The bonus amount had been $70, then $170, now back to $100.
See the Posts History below for all offers from this institution.
Offer Details
- What you’ll get: $50 each
- Where it’s available: OR, WA
- How to earn it: When your friends join by opening a new checking account with direct deposit of $500 or more, you both will receive $50 each.
- When it expires: None listed
TRENDING DEAL:
Disclaimers:
The Annual Percentage Yield (APY) is accurate as of 12/5/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.The Axos ONE® Checking account will earn a base rate of 0.00% APY. The Axos ONE® Savings account will earn a base rate of up to 1.00% APY.Axos ONE® accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE® Checking and Axos ONE® Savings, the Axos ONE® Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:Option 1Your Axos ONE® Checking account has received monthly qualifying direct deposits of at least $1,500 in total.The average daily balance of your Axos ONE® Checking account is at least $1,500.Option 2Your Axos ONE® Checking account has received monthly qualifying deposits of at least $5,000 in total.The average daily balance of your Axos ONE® Checking account is at least $5,000.If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:The Axos ONE® Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.The Axos ONE® Savings account will earn a promotional rate of up to 4.31% APY for the statement cycle in which the requirements are met.The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits or qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the promotional APY starting in the following month.A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. International paychecks, international government benefits, other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.), or person-to-person payments are not considered a direct deposit.Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.Both accounts must be in an open and active status on the 25th of the month and on the date the interest is paid to receive the promotional APY for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account. Show Less
Waive The Monthly Fee
The Income Checking, RewardsPlus Checking, and Spend Checking accounts have no monthly fee.
Fine Print
Refer a Friend Requirements
- Refer a Friend cash bonus offer valid for a limited time only.
- To refer someone, the existing member (“Advocate”) must be the owner of a consumer Columbia Credit Union checking account.
- New member (“Friend”) must use the Referral Link provided to enroll in the program.
- New members cannot be a tax reported owner on an account within the last 12 months.
- Advocate and Friend cannot begin Credit Union membership on the same day.
Account Opening Criteria
- Must be 18 years or older and meet Columbia Credit Union’s membership eligibility and credit qualifications as detailed in the Membership and Account Agreement (which includes the Electronic Services Agreement), Rate Schedule and Fee Schedule provided at account opening.
Cash Bonus Criteria
- To receive the cash bonus, the new checking account must meet the following criteria within the first 60 days:
- 1. Have a direct deposit of $500 or more.
- 2. Account cannot be overdrawn or closed at the time of bonus payment. Bonus will be deposited into the qualifying checking account within 10 business days of meeting qualifications.
- The value of your reward may be reported to the IRS on a 1099-INT for you and your Friend.
- Reward recipients are responsible for any federal, state, or local taxes.
- Terms and conditions subject to change without notice.
Bottom Line
Not the best referral bonus but the requirement is easy to meet.
Posts History:
READ MORE: WELCOME OFFERS FROM AXOS AND BMO.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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