Find an updated list of Suffolk Federal Credit Union promotions, bonuses, and offers here.
Update 10/21/24: The $300 checking bonus with no direct deposit requirement is back until 12/31/2024.
About Suffolk Federal Credit Union Promotions
| Eligibility: If you live, work, worship, attend a school, or regularly conduct business in Suffolk County, NY, or have an immediate family member of current membership, then you are eligible to join this credit union. Be sure to visit their membership page for additional information. |
I’ll review the Suffolk Federal Credit Union Promotions below.
Suffolk Federal Credit Union $300 Checking Bonus *No Direct Deposit Requirement*
Suffolk Federal Credit Union is offering a $300 bonus when you open a new qualifying checking account
- What you’ll get: $300 bonus
- Account Type: Checking account
- Availability: NY (Bank Locator)
- Direct Deposit Requirement: No
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,000
- Monthly Fee: None
- Early Account Termination Fee: Six months, bonus forfeit
- Household Limit: None
(Expires 12/31/2024)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Truist Checking ($400 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | |
How To Earn Bonus
- Open a Momentum Checking Account and earn $100 per month for first 90 Days when you make (1) deposit of at least $500 each month.
- Deposit at least $500 in one transaction each 30-day period (with money not already on deposit at Suffolk Credit Union) for the first 3 months and earn $100 at the end of each 30-day period.
- Offer valid for accounts opened September 18–December 31, 2024.
- Deposit at least $500 in one transaction each 30-day period (with money not already on deposit at Suffolk Credit Union) for the first 3 months and earn $100 at the end of each 30-day period.
- Promotional month is calculated from the account opening day (Period/Month 1: 1-30 days, Period/Month 2: 31-60 days and Period/Month 3: 61-90 days from account opening date.
- Existing memberships without a checking account in the past 90 days are eligible.
- Cash bonus is taxable.
- Members who have been paid a new checking account bonus previously are ineligible to receive this offer.
- To receive this bonus, the enrolled account must not be closed, negative or restricted at the time of payout.
- Visit suffolkcu.org/bonus-300 for details.
Suffolk Federal Credit Union $50 Youth Savings Bonus
Suffolk Federal Credit Union $50 Youth Savings Bonus
You can earn a $50 Bonus when you open a new Youth Savings account with Suffolk Federal Credit Union.
- What you’ll get: $50 bonus
- Account Type: Youth Savings account
- Availability: NY
- Direct Deposit Requirement: No
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,000
- Monthly Fee: None
- Early Account Termination Fee: Six months, bonus forfeit
- Household Limit: None
(No expiration date listed)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Truist Checking ($400 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | |
How To Earn Bonus
- Earn the first $25 deposit just for opening a Youth Savings account.
- Once the Youth Savings Account balance reaches $1,000, Suffolk Federal will congratulate them with another $25 deposit!
- Youth Savings account minimum opening balance is $5.
- Minimum balance to earn dividends is $100.
- Dividends are calculated on daily balance and credited monthly.
- Fees could reduce earnings on the account.
- Youth Savings accounts must be custodial accounts.
- At the age of 18, monies in this account will be transferred into a regular savings account.
- Account must stay open for a minimum of 90 days, or Suffolk Federal reserves the right to revoke cash back deposits.
- Suffolk Federal will not remove the deposit unless we directly contact the member with reasons for doing so.
- Member is responsible for taxes.
- Program and terms subject to change.
Suffolk Federal Credit Union $100 Referral Bonus (Expired)
Earn a $100 bonus when you refer a friend!
Suffolk Federal Credit Union is offering a $100 bonus when you refer a friend to open a new account!
- What you’ll get: $100 bonus
- Account Type: Free or Max Money Checking account
- Availability: NY
(Expires August 29, 2020)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Truist Checking ($400 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | |
How To Earn Bonus
- Open a Free or Max Money Checking account with a minimum of $100 opening balance AND;
- Pay 4 bills through Suffolk Federal’s FREE Online Bill Pay Service OR;
- Use your Suffolk Federal Debit Card for four signature-based transactions OR;
- Take out a loan with Suffolk Federal within the first 60 days
- Both referring member and new member will receive cash incentives once the required terms and conditions are met.
- Membership in Suffolk Federal requires a Share Savings account with a $5.00 minimum balance.
- Limited to one bonus or cash-back rewards program unless otherwise stated.
How To Waive Monthly Fees
- Free Advantage Checking: None
- Sharks Checking: None
- Max Money Checking: $20 monthly fee, waivable by maintaining minimum balance of $3,000.
- Girl Scouts Checking: None
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Bottom Line
Suffolk Federal Credit Union offers great promotions for you to earn money over time. They also offer online and digital banking, so you’ll be able to access your money anywhere at any time! You can have peace of mind knowing your money is insured by the FDIC.
While they have a generous $100 bonus, Suffolk Federal 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.
Compare Suffolk Federal Credit Union Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, Bank of America, Wells Fargo, and more!
*Check back at this page for updated Suffolk Federal Credit Union promotions, bonuses, and offers.
I was able to fund the account up to $1K using my BOA Cash rewards card. It counted as cash advance though.