Redstone Federal Credit Union is offering a $100 checking referral bonus. See details below.
- Update 10/2/2023: The offer is back. This is not a really good bonus, to be honest. You should take a look at this one from BMO Bank with a bonus worth up to $600.
Redstone was established in 1951 and is headquartered in Huntsville, AL. They have locations in AL and TN.
READ MORE: WELCOME OFFERS FROM CHASE, BANK OF AMERICA, TD BANK, AXOS, AND BMO.
Redstone Federal Credit Union $100 Checking Referral Bonus
- What you’ll get: $100 for both parties
- Where it’s available:
- Alabama Counties: Madison, Morgan, Marshall, Limestone, Cullman or Jackson.
- Tennessee Counties – Rutherford, Bedford, Cannon, Moore, or Lincoln.
- How to earn it:
- Refer a friend to Redstone FCU to earn $100 for each party.
- In order to receive the $50 checking bonus, within 30 days of account opening the participant must make at least 5 point of sale (POS) purchase transactions with the debit card associated with the new checking account and set up/access Redstone’s online banking at least one time.
- When it expires: 12/23/2023
Waive The Monthly Fee
Rewards Checking: $8 monthly checking maintenance fee waived with one direct deposit credited to the account per month or four (4) or more point of sale (POS) purchase transactions per month;
Easy Checking: $3 monthly checking maintenance fee waived with one direct deposit credited to the account per month or four (4) or more point of sale (POS) purchase transactions per month; and
Safeguard Checking: $8 monthly checking maintenance fee with eStatements, or $10 monthly maintenance fee with paper statements. Monthly maintenance fees are waived for any checking account if primary owner is 24 years of age or younger.
Fine Print
- The participant must not have had an RFCU checking account within the past 24 months.
- The participant must notify RFCU of the referral code at account opening.
- RFCU membership eligibility and opening a share savings account are required to become a member.
- A $5 minimum balance is required to open and must be maintained in share savings account at all times.
- A $25 minimum opening deposit required to open checking account.
- Monthly maintenance fees may apply to checking accounts – fees waived for account holders 24 year and younger.
- Business accounts are not eligible.
- Limited to one checking bonus per participant and cannot be combined with any other checking offers.
- Promotion is limited to 10 checking incentives per referring member.
Bottom Line
A small bonus but it doesn’t require a direct deposit so it might be worth your time. The offer was previously $50 for each party.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.