Teachers Federal Credit Union is offering a $300 bonus when you open a new checking account with a debit card and establish direct deposit. Membership is open nationwide.
- Update 3/18/25: The offer has been extended through June 30, 2025. For a better checking bonus, consider this up to $300 offer from BMO Bank.
- Update 12/10/24: The offer now has an expiration date of December 31, 2024.
- Update 10/17/2023: The offer is still active.
- Update 7/25/2023: Offer has updated to a $300 promo from the previous $400 offer.
READ MORE: WELCOME OFFERS FROM AXOS AND CHASE.
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Membership Information For Credit Union:
Membership in Teachers Federal Credit Union is open to anyone, regardless of residency status. The only requirement is a $1 deposit. See current membership info.
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Teachers Federal Credit Union Up To $300 Checking Offer
- What you’ll get: Up To $300
- Where it’s available: Nationwide
- How to earn it: Use promo code SMARTBONUS
- $200 Direct Deposit Offer: Earn $50 per month for up to 4 months by opening a new Teachers checking account and receiving at least $1,000 in monthly direct deposits.
- $100 Debit Card Cash Back Offer: Earn up to $25 per month for up to 4 months by opening a new Teachers checking account with a debit card and using it to earn 2% cash back on purchases up to $500 and 3% cash back on the next $500 in purchases.
- When it expires: 6/30/25
Trending Checking Account Deal:
Waive The Monthly Fee
The Teachers checking account has no monthly fee.
Fine Print
- Direct Deposit Offer: Earn up to $200 cash bonus by opening a new Teachers checking account and receiving qualifying direct deposits totaling at least $1,000 each monthly statement cycle for four consecutive Evaluation Periods. Qualifying direct deposits include payroll, pension, and government benefits, but exclude certain types of transactions like P2P transfers and in-person check or cash deposits.
- Debit Card Cash Back Offer: Earn up to $100 cash bonus by opening a new Teachers checking account with a Teachers debit card linked to the account and earning 2.00% cash back on the first $500 of qualifying debit card purchases and 3.00% cash back on the next $500 of qualifying purchases.
- Offers available to new members only and require enrollment in Online Banking and eStatements.
- Direct deposits and debit card transactions must post and clear during the Evaluation Periods defined in the promotion.
- After meeting the offer requirements, any earned cash bonuses will be deposited within 30 days to the primary member’s Regular or Youth Savings account.
- The checking account must be open and in good standing with a balance greater than or equal to $0.00 to be eligible for the cash bonus.
- Offers are limited to one per primary member and may be combined with the Refer-a-Friend promotion.
- Business and trust accounts are not eligible for these offers.
- Teachers Federal Credit Union reserves the right to modify or discontinue the offer at any time and may rescind any paid cash bonus for violations of the terms and requirements.
- Cash bonuses earned will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
- Membership at Teachers is required by opening a Regular Savings account or Youth Savings account with a minimum opening deposit of $1.00.
READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOTIONS FOR BONUS CASH AND REWARDS
Bottom Line
The previous offer was for $400. This is still a good offer, especially since it is available nationwide to all people regardless of residency and profession.
See more from Teachers Federal Credit Union:
- Earn Up to $600 with a Teachers Federal Credit Union Checking Account Bonus
- Teachers Federal Credit Union Promotions: Up To $1000 Deposit Bonus [Nationwide] – Ended
READ MORE: SEE THE BEST BANK BONUSES HERE
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Teachers Federal Credit Union referral link: https://share.teachersfcu.org/3evpu!045e1155b3!a
The “Refer-A-Friend” bonus offer is available to existing Teachers members. In order for both parties to receive the $100 bonus, the following activities must occur:
Referred candidate must open a Teachers checking account and perform 10 qualifying transactions* within 60 calendar days of establishing membership and maintaining their account in good standing. *Qualifying transactions include: debit card purchases, direct deposits, mobile deposits, in-branch deposits, ATM deposits and Teachers Bill Pay transactions.
Teacher Federal Credit Union bonus is still valid and $300 credited fairly quickly once you have $2500 in direct deposit. You don’t need to wait 60 days. You get another $100 for spending $500 using their debit card. You get another $50 if you use the referral code.
https://share.teachersfcu.org/choicetwice
do they run hard credit check or soft ? Ca we fund from credit or debit card?
Soft check. Only from debit card