You can earn up to a $50 bonus when you refer your family & friends to open an eligible checking account with Teachers Federal Credit Union.
Here’s how to qualify for the bonus:
The “Refer-A-Friend” bonus offer is available to existing Teachers members. In order for both parties to receive the $50 bonus, the following activities must occur:
- Existing members must refer family or friends to become a new Teachers member and open a new checking account.
- Referred candidate must open a Teachers checking account and perform 10 qualifying transactions* within 60 calendar days of establishing membership and maintaining their account in good standing.
- *Qualifying transactions include: debit card purchases, direct deposits, mobile deposits, in-branch deposits, ATM deposits and Teachers’ Bill Pay transactions.
If you have a referral link, please feel free to leave your link in the comment section below.
Teachers Federal Credit Union $50 Referral Bonus
- Account Type: Checking Account
- Availability: Nationwide
- Credit Inquiry: Soft
- Credit Card Funding: Up to $5,000
- Monthly Fee: $0
- Household Limit: None listed
- Closing Account Fee: Not listed
(Learn more at Teachers FCU)
Fine Print
- Once all conditions are met by the referred new member, Teachers will deposit the $50 bonus into both parties’ primary Regular Savings accounts within 4 weeks, provided both the member and referred accounts are not closed or restricted at the time of payout. You can receive up to 10 referrals totaling $500.00 per calendar year. Bonuses may be reportable to you and the IRS on Form 1099-INT (or Form 1042-S, if applicable).
- Business accounts are not eligible to receive the Refer-A-Friend bonus. Employees of Teachers Federal Credit Union and its affiliates are not eligible for the Refer-A-Friend program. See Terms and Conditions for more information.
Bottom Line
Be sure to check out our latest Teachers Federal Credit Union Promotions or check out our full list of bank promotions to keep updated on amazing offers!
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