Find an updated list of San Mateo Credit Union promotions, bonuses and offers here.
They are currently offering a $100 bonus when you open a new qualifying checking account.
Table of Contents
About San Mateo Credit Union Promotions
San Mateo Credit Union is headquartered in Redwood City and is the 40th largest credit union in the state of California. It is also the 264th largest credit union in the nation. It was established in 1952 and as of June of 2021, it had grown to 191 employees and 104,290 members at 11 locations.
- Availability: CA (Bank Locator)
- Credit Inquiry: Soft Pull online, Hard Pull in branch
- ChexSystems: Unknown, let us know
- Credit Card Funding: Fund up to $500
While they have many generous bonuses, San Mateo Credit Union doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
I’ll review the offers below.
San Mateo Credit Union $100 Checking Bonus

Earn a $100 Checking Bonus
Currently, San Mateo Credit Union is offering a $100 checking bonus when you open a new checking account and meet certain requirements.
- What you’ll get: $100 bonus
- Account Type: Checking Account
- Availability: CA
(Expires December 31, 2021)
You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $2000 Cash Bonus), BMO Harris Smart Money™ Account ($300 bonus), U.S. Bank Easy Checking ($400 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($300 bonus). |
How To Earn Bonus
- Drop by the Half Moon Bay branch and open an SMCU checking account by October 30, 2021 and do the following:
- Conduct 10 or more debit card purchases totaling $100 or more per month
- Make at least one direct or payroll deposit.
- Select eStatements for the account.
- Open a new San Mateo Credit Union (SMCU) Premium Checking account (no other account types eligible) by December 31, 2021. During the full calendar month immediately following the month in which the account is opened, conduct 10 or more personal identification number (PIN) or signature-based purchases or payments for at least $100 (or more) in spend using the SMCU debit card(s) associated with the new checking account. ATM and ACH transactions are not eligible. In the case of a joint account, purchases and payments from multiple debit cards will be added together. Membership eligibility requirements apply. Must be age 18 or older. Offer is not available for existing SMCU members who have an open checking account as of August 20, 2021. Existing SMCU members who do not have a checking account as of August 20, 2021 may qualify for the offer.
How to Waive Monthly Fees
- Premium Checking: No monthly fees
- Free Checking & Student Checking: No monthly fees
- Business Checking: $15.00 monthly waived if an average daily balance of $4,000 is maintained.
- Business Basic Checking: $7.50
- Nonprofit Business Checking: No monthly fees
Bottom Line
Make sure you check out San Mateo Credit Union to learn more about the $100 bonus. Take advantage of this bonus if you live in California. Don’t forget, the bonus will be reported on IRS Form 1099-INT.
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*Check back at this page for updated Old Hickory Credit Union promotions, bonuses and also offers.

Datapoint: I applied for it online awhile back and no hard pull showed up on CreditKarma yet. I was also able to fund $500 via CC (Visa/MC only).
Hard pull on credit report. Credit card deposit codes as a cash advance. 🙁