Find the most up-to-date list of Northwest Federal Credit Union bonuses, promotions, and offers here.
Currently, Northwest Federal Credit Union offers $400 bonuses when opening a new account.
Northwest Federal Credit Union Bonuses Review
Northwest Federal Credit Union provides banking services. The Union offers services such as trust accounts, credit cards, auto, and business loans, checking and savings accounts, mortgage, internet, and mobile banking, remote deposits, and retirement plans.
Eligibility: Membership in Northwest Federal Credit Union is available for anyone to apply for a checking account. The account must stay open for about 14 months to be able to receive the bonus promotion. It is only available for the Ballston Branch only. See current membership details |
I’ll go over all Northwest Federal Credit Union offers below.
Northwest Federal Credit Union $400 Checking Bonus
Northwest Federal Credit Union is offering a $400 bonus when you open a new qualifying checking account.
- What you’ll get: $400 Bonus
- Eligible account: Checking Account
- Where it’s available: VA
- Credit Inquiry: Soft Pull
- Direct Deposit Required: Yes
- Monthly Fee: $0-$10; waivable
- How to earn it:
- Open your first-ever Northwest consumer checking account with direct deposit
- Make a minimum deposit of at least $500 in ACH or direct deposits per month within the first 90 days
(Limited time offer)
Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Limited time offer, subject to change without notice.
- To earn a $400 deposit into your checking account during the first 90 days after opening your first ever consumer checking account with Northwest Federal, you must: be 18 years of age or older, be in good standing, and make a minimum of $500 in direct deposits or ACH deposits into the checking account each month for three months.
- If all requirements are met and once your checking account has been open for 90 days, you will receive your deposit into the checking account within 30 days.
- Cannot be combined with other offers. APY = Annual Percentage Yield.
- Elite Checking has an APY of .07% if $1,000 or more is deposited each month, and Kasasa Cash® Checking has an APY ranging from 4.00%-1.38% depending on the account balance (assumed balance of $100,000 used for example).
- Kasasa Cash® Checking requires $100 minimum deposit to open and qualifications must be met to earn dividends.
- Choice Checking and Kasasa Cash Back® Checking also eligible for bonus.
- Fees may reduce earnings on accounts.
- Rate may change after the account is opened.
- Member responsible for possible tax implications.
- Rates current as of 10/31/23 and are subject to change without notice.
- To learn more about account requirements visit nwfcu.org/greatchecking.
Northwest Federal Credit Union $25 Savings Bonus
Northwest Federal Credit Union is offering a $25 bonus when you open a new Youth Club account for your child.
- What you’ll get: $25 Bonus
- Eligible account: Youth Club Account
- Where it’s available: VA (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required: No
- Monthly Fee: None
- How to earn it:
- Open a Youth Club account
- Earn $25 bonus when your account reaches $500 in savings.
(Limited time offer)
CIT Bank Platinum Savings ($225/$300 Bonus + 4.10% APY). | Discover® Online Savings (Up to $200 Bonus + 3.70% APY) |
SoFi Checking & Savings ($325 Bonus + 3.80% APY) | Harborstone Credit Union Money Market (4.30% APY) |
Live Oak Bank Savings ($300 Bonus + 4.20% APY) |
Fine Print
- Open a Youth Club account
- Earn $25 bonus when your account reaches $500 in savings.
- You will receive $25 as a bonus when your First Rewards savings account balance reaches $500.
- The $25 bonus will be credited to the savings account by close of business on the first day the balance reaches $500.
- Offer limited to one bonus per member.
- The bonus will be reported on the member’s year-end 1099-INT statement.
How To Waive Monthly Fees
- Kasasa Cash Checking: None
- Kasasa Cash Back Checking: None
- Choice Checking: None
- Elite Checking: $10 monthly fee, waived with average daily balance of $5,000+
- Basic Business Checking: None
- Business Dividend Checking: $20 monthly fee, waived with a $5,000 minimum daily balance.
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Conclusion
Be sure to look at the Northwest Federal Credit Union to see more information on their $300 bonus promotion offer. If this bonus offer catches your eye, then sign up for this bonus soon! There are also online and digital bank offers that they have as well, this way you can have access to your money whenever you need it.
Northwest Federal Credit Union rates are not that competitive, so be sure to check our best rates Savings, Money Market, and CD accounts.
If you are not interested in the promotion above, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
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