Earn up to $500 with PenFed Credit Union’s Premium Online Savings Account. Open and fund your account by August 15, 2024, to qualify.
Key Takeaways
- Bonus Amount: Up to $500.
- Availability: Offer valid from 07/15/24 to 08/15/24. This exclusive Bonus Offer is only available for the original recipient and cannot be shared or made eligible beyond the original recipient.
- Requirements: Deposit $10,000 from an external account and maintain the balance until January 2, 2025.
- Expiration Date: August 15, 2024.
How to Earn the $500 Bonus
- Open a New Account:
- Open a Premium Online Savings account with PenFed Credit Union by August 15, 2024.
- Fund Your Account:
- Deposit $10,000 or more of new money from an external account by August 15, 2024.
- New money refers to funds not currently held in any PenFed accounts.
- Maintain Your Balance:
- Keep your deposited funds in the account until January 2, 2025.
- Earn $100 for every $10,000 deposited, up to a maximum of $500.
- Receive Your Bonus:
- The bonus will be credited to your account within 60 days after January 2, 2025.
Additional Details
- APY: 3.00% as of August 1, 2024 (subject to change).
- Minimum to Open: $5.
- Fees: May reduce earnings.
Our Take
PenFed’s Premium Online Savings account offers a significant bonus opportunity, just be sure to meet the funding and holding requirements to secure your bonus.
See more:
- PenFed Power Cash Rewards Visa Signature Card $100 Bonus Cash
- PenFed Platinum Rewards Visa Signature Card $100 Bonus Cash
- PenFed Gold Visa Card $100 Bonus Cash Offer
- PenFed Credit Union Personal Loans Review
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