Find the latest Island Federal Credit Union promotions, bonuses, and offers here.
Update 6/11/25: There’s currently a $600 checking bonus available through 7/31/26.
About Island Federal Credit Union Promotions
Island Federal Credit Union is headquartered in Hauppauge and is the 18th largest credit union in the state of New York. It is also the 314th largest credit union in the nation. It was established in 1955 and as of September of 2022, it had grown to 148 employees and 48,183 members at 11 locations. Island Federal Credit Union has a B health rating.
| Eligibility: Membership in Island Federal Credit Union is open to the following: (1) Those who live, work, attend school or worship in Nassau or Suffolk Counties in New York, with the exclusion of Shelter Island, Southampton, and East Hampton; (2) Members of locals of Communications Workers of America: Local 1104 (Nassau County, NY); Local 1106 (Queens County, NY); Local 1108 (Suffolk County, NY); Local 1109 (Kings County, NY); Local 1102 (Staten Island, NY); and Local 1105 (Bronx, NY); 3) Members of record of CWA Long Island Federal Credit Union #22209 as of June 30, 2013. See current membership details |
Island Federal Credit Union $600 Checking Bonus
- What you’ll get: $600 bonus
- Account Type: Checking
- Availability: NY (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination fee: Not listed
- Household Limit: Not listed
(Expires 07/31/2026)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($425 bonus) |
| Bank of America ($100 bonus offer) | U.S. Bank Smartly® Checking ($400 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a Cash Back Checking account with Debit Mastercard®, enroll in e-Statements and complete one or more of the following qualifiers:
- Member will receive 20,000 uChoose Rewards® Bonus Points (cash value of $200) after completing $1,000 in debit card purchase transactions within the first 90 days of account opening.
- Member will receive $200 when establishing Direct Deposit into the new Cash Back Checking Account within the first 90 days of account opening.
- Member will receive $200 for maintaining a combined average daily balance of $10,000 or more in checking and savings for 90 consecutive days.
- Use Promo Code: 600MORE when opening a new Cash Back Checking account online or mention promotional offer when opening a new account at an Island Federal branch.
- All offers subject to credit approval.
- Open to individuals age 17 or older, who have not had an Island Federal Checking account in the past 12 months.
- Member must mention this promotional offer in-branch or use promo code “600MORE” when opening a new Cash Back Checking Account online.
- Enrollment in e-Statements is required to receive any incentives.
- Member will receive 20,000 uChoose Rewards® Bonus Points (cash value of $200) after completing $1,000 in debit card purchase transactions within the first 90 days of account opening.
- Member must enroll their debit card in uChoose Rewards program at www.uChooseRewards.com to receive bonus points.
- Member will receive $200 when establishing Direct Deposit into the new Cash Back Checking Account within the first 90 days of account opening.
- Direct Deposit is defined as receiving a minimum of two electronic deposits totaling at least $1,000 within a 90-day period.
- Eligible deposits must originate from an employer payroll provider, government benefits distributor, pension provider, or similar payroll source.
- Electronic transfers or deposits originating from other financial institutions are not eligible.
- Member will receive $200 for maintaining a combined average daily balance of $10,000 or more in checking and savings for 90 consecutive days.
- Member has 14 days from the date of account opening to meet this minimum balance requirement.
- $10,000 in funds must be new funds to the credit union.
- The Cash Back Checking Account and membership must remain open for at least 90 days for the Member to receive any incentives.
- All incentives will be distributed to eligible members between 90 and 120 days after account opening.
- Teen checking accounts and in-trust accounts are not eligible to receive any incentives.
- Members who are currently listed as joint owners on any existing Island Federal checking account are also ineligible for this promotional offer.
- Not available to accounts that have been closed with a negative balance.
- Bonus will be reported on IRS form 1099-INT.
- Offer valid through 07/31/2026.
- Membership eligibility applies.
- Federally Insured by NCUA.
- Membership eligibility applies.
Island Federal Credit Union $100 Referral Bonus (Expired)
- What you’ll get: $100 bonus
- Account Type: Checking
- Availability: NY (Bank Locator)
- Direct Deposit Requirement: No (see what works)
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination fee: Not listed
- Household Limit: Not listed
(Expires 04/10/2023)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| HSBC Premier Checking (Up to $5,000 Cash Bonus), | Bank of America (Up to $500 bonus offer) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Print and complete this coupon and have your friend bring your completed coupon to any Island Federal branch.
- To qualify, Referred Friend must open a:
- New Cash Back Checking account with Debit Mastercard®
- Perform at least 10 Debit Purchase transactions
- Enroll in e-Statements
- And Download the Free Island Mobile App
- The Referral Bonus promotion is open to all Members with an Island Federal Checking Account in good standing, who refer a friend, co-worker or family member to: Open a new Island Cash Back Checking account with Debit Mastercard.
- To receive the referral bonus the new account must remain in good standing; perform at least 10 Debit purchase transactions (excludes ATM transactions); enroll in e-Statements; and download the Island Mobile App within 90 days of account opening.
- After the above requirements have been met, we will deposit the bonus in the referring and new Member’s Checking accounts in the month following the 90-day period.
- Checking account bonus offer is available only when a referred friend, co-worker or family member opens a new Island Checking account.
- Not available to fiduciary accounts or those accounts that have been closed within 90 days or closed with a negative balance.
- Bonus will be reported on IRS form 1099-INT. Accounts are subject to approval.
- Offer valid 01/01/23 – 04/10/23. Offer is subject to change without notice.
- Cannot be combined with any other offers.
- Membership eligibility applies.
How To Avoid Monthly Fees
- Cash Back Checking: No Monthly Fee
- Business Essential Checking: No Monthly Fee
- Business Premier Checking: No monthly fee if the balance remains above $5,000
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Bottom Line
I would check out this generous bonus. Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
*Compare Island Federal Credit Union Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Axos Bank, PNC Bank, BMO, SoFi, Bank of America, Wells Fargo, and more!*
*Check back on this page for updated Island Federal Credit Union promotions, bonuses, and offers.
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