Available for residents of Colorado, Electrical Federal Credit Union Referral Promotion is offering a $50 bonus when you tell your friends and family to open a Share Draft Account before December 31, 2019.
All you would have to do is have them open a new account, debit card as well as setting up direct deposit within 30 days of account opening. $25 minimum deposit is also required to obtain the membership. After all the requirements are met, both of you will earn the bonus as well as having access to a range of account features to better your banking experiences.
If you are interested, be sure to apply today! Additionally, 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: Membership serves those who are affiliated with several Colorado Labor Unions; including International Brotherhood of Electrical Workers Local 68 and 111, Carpenters Local 55, Office & Professional Employees International Union Local 30, as well as, any labor union affiliated with either the Colorado AFL-CIO or the Denver Area Labor Federation.
Credit goes to Lindsay. 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!
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Electrical Federal Credit Union $50 Referral Info
- Direct Link to Offer
- EFCU Fine Print PDF
- Referrer Bonus: $50
- Referee Bonus: $50
- Account Type: Share Draft Account
- Availability: CO (Bank Locator)
- Expiration Date: 12/31/2019
- 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
- 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 Electrical Federal Credit Union Bonus
- Refer a friend or family member to Electrical FCU
- Have your referral sign up for a new Share Draft Account
- Open a new debit card as well as setting up direct deposit within 30 days of account opening
- $25 minimum share deposit required for membership
- Offer valid 03/01/19 through 12/31/2019.
How to Avoid Monthly Fees
Checking Account: None listed
Bottom Line
Make sure you check out Electrical Federal Credit Union to learn more about the $50 referral bonus. Additionally, 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.
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