Wednesday, August 6, 2025
HomeCredit Card Redwood Credit score Union $250 Checking Bonus

[CA Only] Redwood Credit score Union $250 Checking Bonus


Supply at a look

  • Most bonus quantity: $250
  • Availability: In the event you at the moment stay or work in Sonoma, Lake, Marin, Napa, Mendocino, San Francisco, Solano, or Contra Costa counties
  • Direct deposit required: Sure, $500+
  • Extra necessities: Use promo code
  • Exhausting/delicate pull: Smooth pull
  • ChexSystems: Unknown
  • Bank card funding: As much as $500
  • Month-to-month charges: None
  • Early account termination charge: Unknown
  • Family restrict: None
  • Expiration date: 2/29/24

The Supply

Direct hyperlink to supply

  • Redwood Credit score Union is providing a $250 bonus whenever you open a brand new checking account and full the next necessities:
    • Use promo code 250FORME
    • Have at the very least $500 in qualifying direct deposits inside 90 days of account opening

The High-quality Print

  • Supply legitimate till 02/29/2024.
  • Promotion is obtainable to new RCU Members.
  • Workers of RCU and/or RCUSG, volunteer Officers, their members of the family and roommates should not eligible. Promotion is topic to alter and sure restrictions could apply.
  • To obtain the $250 bonus, you could open a qualifying new checking account with Redwood Credit score Union with a qualifying direct deposit. Qualifying checking accounts are restricted to Basic Membership, open for no less than 60 days.
  • Youth, enterprise, well being financial savings (HSA), custodial, trusts, and different specialised accounts are excluded from this supply.
  • Direct deposit have to be an ACH deposit of $500 or extra with an efficient deposit date inside 90 days of account opening.
  • Direct deposit is restricted to common revenue deposits, authorities advantages, and month-to-month retirement revenue.
  • Particular person-to-person funds comparable to Venmo™, PayPal, or Zelle®, and exterior transfers from linked accounts are excluded.
  • One $250 bonus is accessible per qualifying particular person.
  • New Members should qualify for membership and are required to determine a membership account.
  • Membership is open to anybody residing or working in one of many eight North Bay counties RCU serves, some restrictions could apply. For brand new membership accounts, you could deposit $5 in an everyday financial savings account to open a checking account. The promo code expires on 02/29/2024. $250 bonus is taken into account curiosity and will probably be reported on IRS Kind 1099-INT. Participant is accountable for all relevant taxes. Bonus will probably be awarded by a credit score to the newly established checking account inside 30 days of assembly checking account and direct deposit necessities.
  • All checking account bonuses are handled as revenue/curiosity and as such you must pay taxes on them

Avoiding Charges

Month-to-month Charges

This account has no month-to-month charges to fret about.

Early Account Termination Charge

Uncertain if there may be any EATF.

Our Verdict

Necessities appear straightforward to fulfill, as at all times if anyone goes for it then please share your experiences within the feedback under. We are going to add this to the greatest checking account bonuses.

Hat tip to Journey With Grant.

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