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.
Earn up to $300 for a new checking account with this promotion from PSECU (psecu.com). The maximum $300 offer will require direct deposit to qualify.
- Update 1/2/23: The maximum bonus amount has increased from $250 to $300. Details below.
PSECU has locations in PA only. Anyone nationwide can join PSECU by becoming a member of PRPS:
In order to take advantage of PSECU’s products and services, you must be a member of PSECU. Pennsylvania Recreation and Park Society (PRPS) members are eligible for PSECU membership. You have the option to join PRPS at the Friend level. PSECU will cover the $20 dues. To continue your relationship with PSECU, you do not need to maintain PRPS membership. If you do not wish to join PRPS, call us at 800.237.7328, extension 3133, so we may help you with PSECU eligibility.
See Posts History below for more offers from PSECU.
PSECU $100 to $300 Checking Account Bonus
- What you’ll get: $100 to $300 bonus ($100 bonus can be earned without direct deposit)
- Where it’s available: PA (nationwide if you join the Pennsylvania Recreation and Park Society [PRPS] for $20.)
- How to earn it: Click the link below.
- Earn $100:
- Become a PSECU member using promo code: LEVELUP and add a free checking account with debit card.
- Log into digital banking (online or mobile).
- Activate your debit card.
- (Must be completed in the first 30 days of establishing your membership.)
- Earn another $100:
- Establish one or more qualifying payroll direct deposits that together total $200 per calendar month.
- (Must be completed within 90 days of establishing your membership.)
- Earn another $100:
- Maintain the qualifying payroll direct deposit(s) for 90 days after initial deposit.
- Earn $100:
- When it expires: 12/31/2023
READ MORE: See Promotions From Chase Bank, BMO Harris, Bank Of America, TD Bank, And U.S. Bank
Waive The Monthly Fee
Free Checking account has no monthly fees.
Fine Print
Level Up – Up to $300 Bonus Terms and Conditions
- From 1/1/2023 to 12/31/2023, PSECU is running a new member incentive bonus. To receive up to $300, new members must sign up with a promotional code and satisfy each of the requirements listed below. PSECU will deposit member incentive bonus into the Regular share within 45 days after the requirements are satisfied. Promotion open to U.S. Residents who are 18 years of age or older at the time the account is opened. Limit one (1) new member Level Up bonus per tax identification number used to open a new PSECU account. You will not be eligible for the Level Up bonus if you are a current PSECU member or have received a previous new member incentive bonus within the past 12 months. Members who open accounts and/or loans by fraudulent, suspicious, or illegal means, including but not limited to providing PSECU with fraudulent or fabricated information, are not eligible to participate in this bonus offer. PSECU may adjust the deposited bonus or remove the deposited bonus at any time if PSECU suspects accounts and/or loans were opened by fraudulent, suspicious, or illegal means, including but not limited to providing PSECU with fraudulent or fabricated information. $5 is required to open and maintain a Regular share account. This $5 share deposit is also required to be eligible to receive the $300, and the member must be in good standing as defined by PSECU’s Bylaws Article II, Section 1. A $5 minimum share purchase will be made on behalf of the new member by PSECU. If the member account is closed within the first year of membership, the initial $5 share will be retained by PSECU. The Annual Percentage Yield on PSECU’s Regular share account is 0.45%. This variable rate is current as of 11.1.22 and may change. Withdrawals and fees may reduce earnings on the account. The recipient of the bonus (up to $300) is solely responsible for payment of applicable taxes on that amount. If you have any questions, please seek the advice of a qualified tax professional. All decisions of PSECU regarding this promotion are final. PSECU may terminate or change the terms and conditions of this promotion without notice. Subject to all applicable federal, state, and local laws and regulations.
$100 Checking Bonus Requirements
You must be approved for savings and checking accounts, a PSECU debit card, and digital banking (online or mobile) account access and activate your debit card and log into digital banking within 30 days of establishing membership.
$100 Direct Deposit Set Up Bonus Requirements
You must meet the requirements of the $100 Checking Bonus and establish one or more qualifying payroll direct deposit(s) that together total $200 per calendar month, within 90 days of establishing membership. Qualifying payroll direct deposits are defined as paychecks, Social Security payments, and pension payments.
$100 Direct Deposit Bonus Requirements
You must meet the requirements of both the $100 Checking Bonus and $100 Direct Deposit Set Up Bonus and maintain the qualifying payroll direct deposit(s) for a minimum of 90 days after the first qualifying payroll direct deposit.
Bottom Line
This is an improved offer over their previous $250 one. If you don’t want to deal with direct deposit the initial $100 bonus is an option.
Posts History:
READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here
Referral link for psecu signup: https://refer.psecu.com/unkinheadwins
PSECU is offering a super-simple $250 checking bonus: Open a checking account, debit card, and digital banking, then perform a Direct Deposit of $200+ within 90 days of membership. Terms state bonus is paid within 45 days of meeting terms, however, many see an overnight payout on the day the first Direct Deposit arrives.
– They pull Chex but are not inquiry-sensitive online. I open 1-3 checking accts/month and I was approved out of state (OOS) within a couple of days. This offer is nationwide if you are willing to pay a small fee. The PSECU application will direct you to join the Pennsylvania Recreation and Park Society (PRPS) and PSECU will reimburse $10 of your $20 fee. If you are not approved for PSECU, you do not pay the fee.
– They will hard pull your credit report. Normally Experian, but they will pull Transunion if Experian is frozen.
– Credit Card Funding Options: Visa or MasterCard, but only $100.
– ETF: None. However, for the $250 bonus, you are supposed to continue with 6 months of Direct Deposits and keep the account open for a year, but I’ve seen DP’s indicating they do not revoke the bonus if you do not do so.
– Schwab or Fidelity Brokerage, Capital One or Wells Fargo Checking, have been known to work as a simulated DD to earn the $250 bonus. YMMV and please do not call to verify.
– There are no monthly fees for the share savings or checking accounts. $5 is required to be maintained in the Member Share savings until you close the account. They do offer a free order of checks.
Once approved, they will give you your member number. Unlike most credit unions and banks, the PSECU member number can be used to set up ACH transfers. The transfer will automatically go to your checking account.
Thank you for using my referral link: https://refer.psecu.com/Michelle8
The promo code 250REFERRAL will be automatically applied after entering your email address.