Preferred Credit Union is offering residents of Michigan a $50 bonus when they refer friends and family members to open a Savings and Checking Account with a direct deposit.
To start, your referral will have to sign up for a Share Savings Account to join Preferred Credit Union. After they have joined, we recommend they sign-up for a Free Checking Account and set-up a direct deposit. Finally, you and your referral will get to earn a $50 bonus.
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this referral as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Eligibility: Be sure to check to see if you are eligible to become a member at Preferred Credit Union using their membership page for more info.
Credit goes to Lindsay for letting us know about this bank referral. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank referral and get paid up to $15!
 | TD Bank Beyond Checking: Earn $300 bonus when you open a new TD Bank Beyond Checking account and set up direct deposit of at least $2,500. It comes with free online banking, free bill pay, and access to 1,300 ATMs. Apply Now---TD Bank Promotions |
 | Discover Cashback Debit: Get rewarded with a new kind of online checking account. Earn 1% cash back on up to $3,000 in debit card purchases each month, that's up to $360 Debit Card Cashback Bonus per year! There are no monthly fees or balance requirements. See advertiser website for full details. Apply Now---Discover Cashback Debit Review |
 | Axos Bank High Yield Savings + Essential Checking: Earn $100 bonus when you open when you open a High Yield Savings account and Essential Checking account. You must open your new Essential Checking account at the same time as your High Yield Savings account and have a Direct Deposit totaling at least $1,000 from a third party within the first 60 days of account opening to your Essential Checking account to qualify. Apply Now---Axos Bank High Yield Savings + Essential Checking Review |
Table of Contents
Preferred Credit Union Referral Info
- Direct Link to Offer
- Preferred CU Referral Bonus PDF Printout
- Referrer Bonus: $50 Bonus
- Referee Bonus: $50 Bonus
- Account Type: Savings Account, Checking Account
- Availability: MI (Branch Locator)
- Expiration Date: None
- Credit Inquiry: Unknown, Let us know
- ChexSystems: Unknown, Let us know
- Opening Deposit: Unknown
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Additional Requirements: See Below
- Household Limit: None listed
- Closing Account Fee: None listed
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How To Earn Preferred CU Bonus
- Fill out your information on this form and have your referral fill out their information.
- They will have to bring in the referral form at the time they open a Checking and Savings Account.
- Your referral can open a Share Savings Account and any checking account to qualify for the offer.
- Lastly, your referral will have to set up a direct deposit to the account.
- Finally, you and your referral will both earn a $50 bonus when they fulfill all the requirements.
How to Avoid Monthly Fees
Free Checking: There are no monthly service fees for this account.
Bottom Line
Make sure you check out Preferred Credit Union to learn more about the $50 referral bonus. Don’t forget this bonus will be reported on form 1099-INT. Be sure to take advantage of this opportunity before it expires!
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. If you would like to see more, check out our full list of Bank Referrals for all your banking needs.
Leave a Reply