For residents of California, Stanford Federal Credit Union is offering a bonus of $50 when you refer a friend to open up a new personal checking account and establish a monthly recurring direct deposit of at least $500. When your friend signs up for Stanford FCU they will be receive great benefits such as, an instant issue debit card, access to plenty of ATMs & Branches, mobile banking & mobile deposits, and much more! Follow the steps below to earn your $50 Bonus! Also, you can earn a $300 by signing up for a Chase Premier Checking!
How To Earn Stanford FCU $50 Bonus:
- Complete the referral form.
- Get your friend to open a Stanford Federal Credit Union Checking account with a minimum of $5 balance.
- Your friend then must establish a monthly recurring direct deposit of at least $500 to your new checking account.
- Your friend must keep the account good standing and active for at least 90 days.
Stanford FCU Promotion Summary:
- Direct Bonus Link
- Account Type: Personal Checking
- Maximum Bonus: $50
- Availability: California
- Expiration Date: None
- Hard/Soft Pull: Soft Pull via ChexSystems
- Direct Deposit Requirement: Yes, a direct deposit required of at least $500 is required.
- Additional Requirements: Your friend must open up a Stanford FCU Checking.
- Monthly Fee: None
- Early Termination Fee: Yes, a termination fee will occur if account is closed within 3 months.
*We wrote an email to Stanford FCU asking about what type of inquiry they use, and the CSR told us it’s only a soft pull via ChexSystems. Again, ymmv. Please let us know in the comments below if you have any experiences with this bank.
Fine Print & Bonus Terms:
- Only Stanford FCU members are eligible to participate
- All referred members must meet requirements no later than 30 days of receiving the referral certificate
- Must be 18 years or older.
- Offer subject to change.
Final Analysis:
For residents of California, I recommend opening a Stanford Federal Credit Union Personal checking account and referring a friend to open one up too to earn a $50 bonus. To get your friend to join, make sure to let them know that they will be receive a $50 bonus also! Stanford FCU also offers an additional $50 Bonus whenever your friend signs up for an auto loan. Overall, this is a good way to earn a $50 bonus into your checking! Don’t forget to check out our complete list of Bank Bonuses!
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