Check out the latest Farmers Insurance Federal Credit Union promotions, bonuses, and offers here.
Right now, you can earn a $105 bonus when you open a checking account and complete the qualifying activities.
About Farmers Insurance Federal Credit Union Promotions
Farmers Insurance Federal Credit Union is member-owned and they return their profits to you, not some corporate shareholder. This means you get great bank bonuses, bank rates, and CD rates that you couldn’t possibly get from a bank.
Eligibility: Membership in Farmers Insurance Group Federal Credit Union is open to anyone by joining or being a member of the American Consumer Council. Membership is also open to employees or agents of Farmers Insurance, Foremost, BristolWest, 21st Century, Farmers New World Life, Farmers Financial Services, and their immediate family. See more information about membership eligibility here. |
Farmers Insurance Federal Credit Union $70 Referral Bonus
You can receive a $70 bonus when you refer a friend who opens a new checking account and meets the requirements.
- What you’ll get: $70 bonus
- Account Type: Checking Account
- Availability: AZ, CA, KS, MI, OK, TX, WA (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fee: None with the Freedom Spending Checking Account
- Early Account Termination Fee: None listed
- Household Limit: None
(Offer expiration not listed)
Editor’s Note: For every qualifying referrals, you can choose an alternative option where you can choose to open a 12-Month, 10% SmartStart Certificate worth $100 dividend.
U.S. Bank Smartly® Checking ($400 bonus) | Truist Checking ($400 bonus) |
BMO Smart Money Checking ($250 bonus) | BMO Smart Advantage Checking ($250 bonus) |
Bank of America ($200 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($325 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Select Checking ($200 bonus + $100 Bonus) | KeyBank Key Smart Checking ($200 bonus) |
How To Earn Bonus
- Refer someone to the Credit Union and for every successful referral, you’ll get the option to choose between opening a 12-Month, 10% SmartStart Certificate* (that’s a $100 dividend) or a cash bonus of up to $70* if the referral opens a qualifying Direct Deposit.
- A referring member will have the option to receive the current referral bonus or open a SmartStart Certificate once the “Referred Member” has remained a member for 60 days. Referring member cannot receive both.
- Referral Bonus: As an existing member of FIGFCU, you will have the option to receive a $50 referral bonus subject to the following: You must be at least 18 years of age, a current active member in good standing and not have caused a loss to the Credit Union, provide the name and contact information of a prospect within our Field of Membership, and the referral results in a new qualified membership, and (within 10 days of account opening) at least one additional account, if prospect only opens a Membership Savings, it must have a minimum balance of $250. The referring member will receive an additional $20 bonus subject to the following: Eligible referred member must open their membership on or after August 14, 2019, opened a checking account within 10 days of joining the Credit Union, and posted an ACH deposit amounting to a minimum of $1,000 per calendar month into the checking account no later than 60 days after joining the Credit Union. There is no limit on the number of referrals a member can make. The “Referred Member” must remain a member for 60 days before bonus is paid. Bonus will be paid on the 10th day of the following month. “Referring Member” must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account. Only the initial referring party is eligible for bonus, employees, officials and their immediate family members are not eligible for bonus. Referral Program will be effective March 1, 2017 and ongoing until further notice and is subject to change at any time.
(Expired) Farmers Insurance Federal Credit Union $105 Checking Bonus
You can receive a $105 bonus when you open a new checking account and meet the requirements.
- What you’ll get: $105 bonus
- Account Type: Checking Account
- Availability: AZ, CA, KS, MI, OK, TX, WA
(Offer expires 12/31/2019)
U.S. Bank Smartly® Checking ($400 bonus) | Truist Checking ($400 bonus) |
BMO Smart Money Checking ($250 bonus) | BMO Smart Advantage Checking ($250 bonus) |
Bank of America ($200 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($325 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Select Checking ($200 bonus + $100 Bonus) | KeyBank Key Smart Checking ($200 bonus) |
How To Earn Bonus
- $50 Bonus when you add Direct Deposit to a Credit Union Checking Account
- $50 Bonus when you swipe your Debit Card 15+ times a month for 3 consecutive months
- $5 Bonus when you sign up for Month End eStatements
- Bonuses will be paid out by March 31, 2020.
- Limit of one reward per member number.
- Member is not eligible to receive a New Enrollment “Your Credit Union Gives Back” bonus for a category for which they have already qualified for an Existing Enrollment “Your Credit Union Gives Back” bonus.
- The membership must be open and in good standing and the membership savings account must be active at the time of payout in order to receive the bonus.
- Debit cardholders will earn $50 for checking accounts with 15+ debit card transactions for a 3 consecutive calendar month period originating no earlier than November 2019 and no later than December 2019.
- $50 for new Direct Deposit/Folio Direct Deposit enrollments between November 1 and December 31, 2019; must be to a single Credit Union checking account with a qualifying ACH of $1,000 (one thousand dollars), in the aggregate, monthly minimum and Direct Deposit must post during three consecutive calendar months to receive bonus.
- $5 for enrolling in Month End eStatements between November 1 and December 31, 2019.
How To Waive Monthly Fees
- High Yield Checking: None
- Cash Back Checking: None
Bottom Line
In my opinion, this bonus is not too appealing and there are more attractive bonuses which you can find on our site Hustler Money Blog! However, if you do want to open this account, be sure to check with a CSR to see if it triggers a hard or soft pull.
*Check back at this page for updated Farmers Insurance Federal Credit Union promotions, bonuses and offers.
Steven says
“you must complete the following every month for 3 consecutive months”
“when you open a Checking Account and meet the requirements listed below before December 31, 2018”
This is NOT possible