Preferred CU $50 Referral Bonus Review

For residents of Michigan, Preferred CU is offering a bonus of $50 when you refer-a-friend to open up a New Savings account with Preferred CU. Let your friends know the benefits that Preferred CU has to offer such as, a free mobile app, online banking, online services, 24/7 account access, inquire on account history, and much more!  Follow the steps below to earn your $50 Bonus! In addition, can also earn a $250 Bonus with Chase Total Checking + Savings!

How To Earn Preferred CU $50 Bonus:

1. Open an Preferred CU account.
2. Refer a friend to open a Savings account with Preferred CU.
3. You friend then must either take up a loan, sign up for a new Visa Debit, or set up a new checking account with direct deposit.
4. After your friend has met at least ONE of the requirements, you and your friend will earn a $50 Bonus!

Preferred CU Promotion Summary:

• Direct Bonus Link
  
• Account Type: Savings and checking account
• Maximum Bonus: $50
• Availability: Michigan
• Expiration Date: None
• Hard/Soft Pull: Soft Pull via TransUnion
• Direct Deposit Requirement: Yes
• Additional Requirements: Your friend must open a new Savings account and meet one of the requirements.
• Monthly Fee: None
• Early Termination Fee: None
• *We wrote an email to Preferred CU asking about what type of inquiry they use, and the CSR told us it’s only a soft pull via TransUnion. Again, ymmv. Please let us know in the comments below if you have any experiences with this bank.

Fine Print & Bonus Terms:

• A new member is defined as anyone who has not had an account at PCU for at least one year
• Must be 18 Years or older.
• New member must open savings account and one of the following; a loan, Visa Credit Card or
  checking account with direct deposit to qualify for promotion.
• Must meet membership eligibility requirements
• Credit restrictions may apply.
• Program subject to change without notice.

Final Analysis:

For residents of Michigan, I recommend opening a Preferred CU account to receive a $50 bonus for each friend that you refer to open up a Savings account. Remember that your friend must meet at least ONE of the requirements stated above. To get your friends to join, let them know that they will be earning a $50 bonus. Also, there is no limit on how many referrals you can make, so the more friends you bring in, the more you earn! Overall, this is a great way to add up to a $50 bonus into your checking, so head on over and check it out! If not, then check out our complete list of Bank Bonuses!