Here you can find the most recent Penn East Federal Credit Union bonuses, promotions, and offers.
Update 7/22/24: You can currently earn a $200 checking bonus available for a limited time.
Penn East Federal Credit Union Bonuses Review
| Eligibility: Penn East Federal Credit Union is open to those who live or work in Lackawanna, Luzerne or Wyoming County. See current membership details. |
Penn East Federal Credit Union $200 Checking Bonus
- What you’ll get: $200 Bonus
- Eligible account: Checking Account
- Where it’s available: PA (Bank Locator)
- Credit inquiry: Soft Pull or Hard Pull? Let us know
- Direct Deposit Required: Yes
- Monthly Fee:
- How to earn it:
- Open a new Member Rewards Checking account: (Cash Back or High Rewards).
- Activate your PEFCU Debit Card.
- Enroll in Online Banking and opt-in for E-Statements.
- Receive three months of PEFCU rewards by making 12 non pin transactions within the first four months of opening your account.
- Set up a qualifying direct deposit of at least $500 or more for three consecutive months within 90 days of account opening.
(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
- Offer valid for new Rewards Checking Account members only; offer is not valid for existing Member Rewards Checking account holders.
- Must be eligible for membership at Penn East FCU.
- Existing members of PEFCU opening a new Rewards Checking Account are eligible if qualifiers are met and are funded with new money not already on deposit at PEFCU.
- $200.00 will be earned when a new Member Rewards Checking account is opened, a PEFCU debit card is activated, twelve (12) non-pin debit card transactions are completed for three months within the first four months from account opening, the new member is enrolled in Online Banking, opts into receiving E-Statements, and a qualifying direct deposit(s) of at least $500 or more for three consecutive months is made to the new Member Rewards Checking account within 90 days of account opening.
- A qualifying direct deposit is defined as a recurring electronic deposit into the checking account of payroll, pension, Social Security, government benefits, or other eligible regular monthly income made through the Automated Clearing House (ACH) network.
- New money is defined as money that is not currently in a PEFCU account(s).
- Accounts must be in good standing to qualify for the bonus.
- One bonus per individual.
- Eligible members will receive a $200 bonus in their Penn East FCU Member Rewards checking account on the first (1st) business day after one hundred and twenty (120) calendar days from the account opening.
- All requirements must be satisfied within one hundred and twenty (120) days.
- The bonus will be reported on IRS Form 1099-INT.
- The value of the bonus may be considered taxable income; please consult your tax advisor.
- This offer may be discontinued at any time.
- For specific product information, please contact your Penn East FCU branch.
- Federally insured by the NCUA.
How To Waive Monthly Fees
- High Rewards Checking: No monthly fee
- Cash Back Rewards Checking: No monthly fee
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Conclusion
I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.
Use our bank bonuses page to find other offers if you are not eligible for this one. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Check back often for more Penn East Federal Credit Union Bonuses, Promotions, or Offers!
