NSWC Credit Union is offering qualified residents of Virginia a $25 bonus when you open a Money Masters Account and meet the requirements listed below.
To get started, sign-up for a Money Masters Account with an parent or legal guardian. Additionally, you will have to set-up a direct deposit to this account and a Youth Savings Account to be eligible for the bonus.! Finally, a one-time $25 bonus will be deposited to the account after direct deposit is set-up.
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 promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Eligibility: If you are a civilian or military personnel of the U.S. Government who work for or are permanently stationed at Naval Support Activity South Potomac (NSASP) Dahlgren, or one of its tenant commands you are eligible for membership at NSWC Credit Union. For more information check out Membership Eligibility.
Credit goes to Lindsay for letting us know about this bank promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!
Editor’s Note: The Money Master’s Account is only available to children aged 16 and 17 and the Youth Savings Account is only available if you are under 19 years old.
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NSWC Credit Union $25 Bonus Info
- Direct Link to Offer
- NSWC Credit Union Checking Promotion PDF Printout
- Account Type: Money Masters Account
- Availability: VA (Bank Locator)
- Expiration Date: None
- Credit Inquiry: Unknown, Let us know
- ChexSystems: Unknown, Let us know
- Opening Deposit: $1 for Youth Savings Account
- 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: Unknown
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 NSWC Credit Union $25 Bonus
- Bring a parent or guardian with you when you come in to open a Money Masters Account.
- Set-up a Direct Deposit to the new account.
- You are eligible to sign-up for a Youth Savings Account. This account allows you to earn 5% APY on balances of more than $500. A minimum deposit of $1 is required to open this account.
- A $25 bonus will be rewarded to the new account!
How to Avoid Monthly Fees
Youth Savings Account: There are no monthly fees when you have a Youth Savings Account at NSWC Credit Union.
Make sure you check out NSWC Credit Union to learn more about the $25 bonus promotion. Don’t forget, the $25 bonus will be reported on IRS Form 1099-INT. Take advantage of this offer 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 Promotions for all your banking needs.