Find an updated list of PSECU promotions, bonuses, and offers here.
Currently, they have a $300 bonus offer when you open a checking account.
Table of Contents
About PSECU Promotions
PSECU was founded roughly 80 years ago. It has since grown to be the largest credit union in the state of Pennsylvania.
Additionally, their focus is on making their community stronger and giving back where it matters most.
| Eligibility: PSECU membership is open to those who: reside with or have a relative who is a PSECU member; have a relationship with one of the many PA colleges or universities we work with; work for one of the more than 1,000 employers headquartered in PA that offer membership as a benefit. Click here for full membership details. |
Easy Membership: If you don’t meet one of the above criteria, you can join the Pennsylvania Recreation and Park Society (PRPS) through PSECU to become eligible for PSECU membership. PRPS Friend membership is a one-time fee of $10, but PSECU will cover $10 when you open your account online. They will also take care of your PRPS membership registration as part of your PSECU membership application. You do not need to renew your PRPS membership to maintain your PSECU membership.
I’ll review the PSECU Promotions below.
PSECU $300 Checking Bonus
PSECU is offering a $300 bonus when you open a qualifying Checking Account and meet the requirements.
- What you’ll get: $300 bonus
- Account Type: Checking account
- Availability: PA. Nationwide if you become Pennsylvania Recreation and Park Society (PRPS) for $10. (Bank Locator)
- Direct Deposit Requirement: $200+ for 6 months (see what works)
- Credit Inquiry: Hard Pull
- ChexSystem: Yes
- Credit Card Funding: Up to $100 with a Visa or Mastercard
- Monthly Fees: None
- Early Account Termination Fee: Bonus forfeit if account is closed within 12 months
- Household Limit: None
(Offer expires 12/31/2023)
| You can compare this to several great entry level Checking accounts with bonus offers include the BMO Harris Smart Money™ Account ($200 bonus), U.S. Bank SmartlyTM Checking ($400 bonus), Chase Total Checking® ($200 bonus), SoFi Checking and Savings ($275 bonus), and Citi Priority Account (Up to $2000 Cash Bonus). |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Become a PSECU member using promo code: LEVELUP and add a free checking account with debit card. Then log into digital banking (online or mobile) and activate your debit card to earn the 1st $100 bonus.
- Establish one or more qualifying payroll direct deposits that together total $200 per calendar month. You will earn another $100 bonus.
- Maintain the qualifying payroll direct deposit(s) for 90 days after initial deposit. You will earn an additional $100 bonus.
- 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.
PSECU $200 Checking Bonus
- What you’ll get: $200 bonus
- Account Type: Checking account
- Availability: PA. Nationwide if you become Pennsylvania Recreation and Park Society (PRPS) for $10. (Bank Locator)
- Direct Deposit Requirement: $200+ for 6 months (see what works)
- Credit Inquiry: Hard Pull
- ChexSystem: Yes
- Credit Card Funding: Up to $100 with a Visa or Mastercard
- Monthly Fees: None
- Early Account Termination Fee: Bonus forfeit if account is closed within 12 months
- Household Limit: None
(Expires 02/28/2023)
| For more advanced features in a checking account, compare this offer to BMO Harris PremierTM Account ($350 Bonus), U.S. Bank SmartlyTM Checking ($600 bonus), TD Bank Beyond Checking ($300 Bonus), HSBC Bank Premier Checking ($500 Bonus), Chase Private Client ($2,000 Bonus), and Citigold® Checking Account (Up to $2000 Cash Bonus). |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Get a $25 bonus when you enroll in online banking
- Get a $150 Bonus and Open a Checking Account and Set Up Direct Deposit
- Get a $25 Bonus! when you Sign up for a Debit Card
- Participant must be a U.S. Resident.
- Promotion open to persons 18 years of age or older at the time the account is opened. One promo code per New Member. Additional promo code will be invalid.
- The recipient of the $100 bonus 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.
- PSECU reserves the right to recall the $100 bonus if the member account is closed within the first year of establishing membership.
- PSECU reserves the right to recall the $250 direct deposit bonus if the payroll direct deposit(s) is/are not active for six consecutive months or if the member account is closed within the first year of establishing membership.”
- If PSECU is unable to confirm any qualifying monthly direct deposit is a recurring payroll deposit, or if the member is not in good standing as defined by PSECU’s Bylaws Article II, Section 1, PSECU reserves the right to withhold the payment of the $250 direct deposit bonus.
- If the member is not in good standing, at any time prior to the payment of the bonus, as defined by PSECU’s Bylaws Article II, Section 1, PSECU reserves the right to withhold the payment of the $100 bonus.
- Payment of the $100 bonus will be deposited into the Regular share within 45 days after the requirements are satisfied.
- This offer is only open to new members who meet PSECU eligibility requirements.
- All decisions of PSECU regarding this promotion are final. PSECU may terminate or change the terms and conditions of this promotion without notice.
- Employees, agents, and officials of PSECU and immediate family members of any of these are not eligible for this promotion.
- Subject to all applicable federal, state and local laws and regulations.
- Promotion open to persons 18 years of age or older at the time the account is opened.
- Limit (1) new member incentive bonus per tax identification number used to open a new account per rolling 12-month period.
- PSECU will only pay one new member incentive bonus per tax identification number per rolling 12-month period.
- This is a one-time offer available to new members only, who have not previously been a PSECU member within the last 12 months.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
How to Waive Monthly Fees
- Checking: No monthly fees
Bottom Line
These are all the current PSECU promotions and offers. However, there are definitely better offers out there.
Additionally, check out our full list of some of the best Bank Rates and CD Rates nationwide.
Compare PSECU Promotions with other bank bonuses from U.S. Bank, Huntington, Chase, TD, HSBC, Citi, Bank of America, and more.
Lastly, check back for updated PSECU promotions, bonuses, and offers.
$100 Membership + $250 Direct Deposit offers good thru 12/2023. It is correct that anyone can apply! See below. Received the $250 within a week of Dir Dep, plus $100 later. Apply for this special through a referral only.
Please use my referral link: https://refer.psecu.com/Jay025
Explanation (only) of Terms is here: PSECU Terms and Conditions
https://refer.psecu.com/zone/terms_promo?journey.campaign_id=7025710491805578611
-When applying, just keep saying no to all “qualified ways to become a member” including being a member of the society . they will finally say – you can join the society for $20, we’ll pay half. Be sure to make initial deposit $25.
– Be sure to ask for checking and for debit card to get bonus.
More info following successful application:
Email says “Your member account number can be found in your PSECU Welcome Packet”. Don’t go there, waste of time. Rather, go to https://www.psecu.com/ and click “sign up for digital banking” , even though you don’t know your account number! This will take you to Let’s Find Your Account.
Fill in the blanks, and next page will send you a text. Do that.
Next box, click the DOT next to partial acct # and NEXT. Create your chosen username and password, and Login! OK, you are IN.
Now, to find your account #. “In digital banking, simply tap Profile & Settings under the drop-down menu in the upper left, scroll down, and tap Account Number. You can then select the View Account Number at the bottom. When you need to complete a DD form using this number, be sure to include all ten numbers. Our ABA/Routing number is 231381116. “
Please use my referral link: https://refer.psecu.com/Jay025
It is correct that anyone can apply! Received the $250 within a week of Dir Dep, plus $100 later. Apply for this special through a referral only.
Please use my referral link: https://refer.psecu.com/Bonita10
Explanation (only) of Terms is here: https://refer.psecu.com/zone/terms_promo?journey.campaign_id=7025710491805578611
-When applying, just keep saying no to all “qualified ways to become a member” including being a member of the society . they will finally say – you can join the society for $20, we’ll pay half. Be sure to make initial deposit $25.
– Be sure to ask for checking and for debit card to get bonus.
– After getting emails and setting up online, you can’t get you Acct Number ! Go to Support and send a message to ask them for you checking acct number!
More info following successful application:
Email says “Your member account number can be found in your PSECU Welcome Packet”. Don’t go there, waste of time. Rather, go to https://www.psecu.com/ and click “sign up for digital banking” , even though you don’t know your account number! This will take you to Let’s Find Your Account.
Fill in the blanks, and next page will send you a text. Do that.
Next box, click the DOT next to partial acct # and NEXT. Create your chosen username and password, and Login! OK, you are IN.
Now, to find your account #. “In digital banking, simply tap Profile & Settings under the drop-down menu in the upper left, scroll down, and tap Account Number. You can then select the View Account Number at the bottom. When you need to complete a DD form using this number, be sure to include all ten numbers. Our ABA/Routing number is 231381116. “
Please use my referral link: https://refer.psecu.com/Bonita10
https://refer.psecu.com/Douglas3
Here is a referral to use if you would like to apply for this bonus. Thanks for using my referral link!
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.
What was the promo code?
I joined PSECU recently. I was able to fund with a credit card (I don’t recall what the maximum allowed was as I only wanted to deposit $10.).
Since I do not work for any of the applicable agencies, I had to buy the membership to PA Park & Recreation Society to join. However, the nice thing is PSECU puts $10 towards the membership so I only had to use $10 for this.
Also, like most credit unions, PA has the $5 min. balance in the savings account (which can never be withdrawn as long as you are a member). But PSECU deducted $5 from the $150 promotion so I did not have to deposit it out of pocket. All in all I will come out of this with a net bonus of $135 which is still a very good deal, so definitely worth doing for any resident of PA.
What was the promo code?
Sorry I don’t think I used a promo code when I signed up for the offer, so PSECU must have changed it recently. My guess is they are now limited the offer to people they target (IOW you may have to receive the code in a mailer or advertisement).
@Dave do you recall if it was a hard or soft pull? Thanks!