If you’re looking for an easy way to earn extra cash from a bank, Kohler Credit Union has a $100 referral bonus where both you and your friend can get paid.
Even better, you can repeat this and earn up to $500 per year just by referring people.
The offer is only available locally. If you’re for offers available nationwide, check out our top picks here—including huge offers from Chase, CIT Bank and Axos Bank that you won’t want to miss!
Bonus Overview
- Bonus Amount: $100 per person (you + your friend)
- Max Earnings: $500 per year
- Expiration: Ongoing (subject to change)
- Availability: Must meet membership eligibility
- Bonus Timing: Within ~10 days after requirements are met
TRENDING DEAL:
Disclaimers:
The Annual Percentage Yield (APY) is accurate as of 2/2/2026. 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 4.21% 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
How To Earn the $100 Bonus
To qualify, your friend must complete the following within 90 days of account opening:
- Open a new checking account using your referral link
- Set up direct deposit totaling at least $3,000
- Enroll in eStatements
- Make 3 debit card purchases over $20 each
Once all requirements are completed, both of you will receive $100.
How the Referral Works
- Log into digital banking
- Click the “Get $100” referral option
- Send your unique link to friends or family
- They must use your link to open the account
Important: Only the first referrer gets credit if multiple people refer the same person.
Trending Savings Account Deal:
Key Terms To Know
- Must be 18+ to participate
- Account must remain open and in good standing for at least 90 days
- Bonus is reported for tax purposes (1099)
- Cannot be combined with other offers
- Referrals must be personal (not affiliate marketing)
Is This Bonus Worth It?
Pros
- Solid $100 payout per referral
- Repeatable up to $500 per year
- Straightforward requirements
Cons
- Requires $3,000 in direct deposits (high threshold)
- Must refer others (not a solo bonus)
- Limited to eligible membership areas
See the Best Checking & Savings Account Bonuses and Start Earning Free Cash Today
My Take
This isn’t a typical “open an account and get paid” bonus.
Instead, it’s better for:
- People with friends/family who can meet the requirements
- Anyone building a referral network
- Side income strategies (if you can consistently refer)
If you can refer 5 people in a year, that’s an easy $500 total payout.
Bottom Line
The Kohler Credit Union referral program is a good secondary bonus, not a primary one.
- Not ideal if you just want quick cash
- Great if you can refer others consistently
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