Purdue Federal Credit Union Bonuses: $50, $100, $150, $400 Checking, Savings, Referral Promotions (IN)

Take a look at our updated list of Purdue Federal Credit Union bonuses, promotions, and offers here!

Update 1/31/25: The $400 checking bonus has been extended through 12/31/25.

Purdue Federal Credit Union Bonuses Review

Purdue Federal Credit Union is headquartered in West Lafayette, Indiana. Furthermore it was established in 1969 and has around 80,000 members at 13 locations. Another couple of benefits worth mentioning is that their money market rates are 4X the national average and they boast an health rating of A

I’ll go over all Purdue Federal Credit Union bonuses & offers below.

Purdue Federal Credit Union $400 Checking Bonus

Purdue 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
• Availability: IN (Bank/ATM Locator)
• Credit Inquiry: Unknown
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Open a new checking account.
  • Enroll in paperless statements.
  • Receive $4,000 or more in ACH deposits within 120 days of account opening.
  • Bonus will be deposited into checking account within 10 business days after all conditions have been met.

(Expires 12/31/2025)

Fine Print

• $400 bonus offer valid January 1, 2025 to December 31, 2025 for accounts opened with a Lake or Porter County, Indiana zip code or those who meet other qualifiers for membership through LaPorte County, Indiana.
• To qualify for bonus, accountholder must be 18 years or older, new to Purdue Federal, eligible to open a new checking account, have direct deposit, and enroll in paperless statements.
• $5 deposit in Member Ownership Share required. $25 minimum opening deposit for checking account required.
• Direct Deposit is defined as an aggregate of $4,000 or more in ACH deposits within 120 days of account opening.
• Bonus will be deposited into checking account within 10 business days after all conditions have been met.
• Social Security Number required for accountholder to receive bonus. Bonus is considered interest and will be reported on IRS Form 1099-INT.
• Existing members, HSA accounts, and business accounts not eligible to receive bonus offer.
• If the account is closed within 6 months of account opening, the $400 bonus will be deducted from the account at closing.
• This offer cannot be combined with any other promotion. Membership can be opened in one of our branches or online at purduefed.com.

Purdue Federal Credit Union $100 Savings Bonus

Purdue Federal Credit Union is offering a $100 bonus when you open a new qualifying savings account.

• What you’ll get: $100 Bonus
• Eligible account: Savings Account
• Availability: IN
• Credit Inquiry: Unknown
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • You’ll get a $50 boost in your Emergency Savings Account after:
    • Your month-end emergency savings balance is equal to or greater than $500 (after three months)
    • Three auto transfers (set up by a Purdue Federal staff member)
    • Get another $50 boost when your month-end emergency savings balance is equal to or greater than $1,000
  • Also have:
    • An active checking account
    • Paperless statements

(Limited time offer)

Fine Print

• Bonus is a considered interest and will be reported on IRS Form 1099-INT.
• Social Security Number required for account holder to receive bonus.
• Member must maintain a checking account on the same membership as the Emergency Savings Account.
• If the related checking account is closed for two consecutive months the Emergency Savings Account will convert to a special savings account.
• Limited to one Emergency Savings Account per membership.
• Not available to businesses.
• Membership eligibility required
• NCUA Insured.

Purdue Federal Credit Union $50 Referral Bonus

Purdue Federal Credit Union is offering a $50 bonus when you refer friends/family to open a new qualifying checking account.

• What you’ll get: $50 Bonus
• Eligible account: Checking Account
• Availability: IN
• Credit Inquiry: Unknown
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • Log in to digital banking.
  • Click Refer a Friend under Accounts
  • Enter your friend’s email address to send an invitation with your personal code.
  • $50 cash bonus will be credited to the primary share savings account within 10 business days after the Referred has opened their qualifying Purdue Federal membership.

(Limited time offer)

Fine Print

• Referring Member will earn $50 cash bonus for each qualifying New Member (Referred) who opens a new membership with checking account, up to a maximum $500.
• Referred must submit valid referral code during application process.
• Both Referring Member and Referred must be 18 years of age or older and have a valid social security number.
• Bonus is tax reportable on IRS Form 1099-INT. Business and HSA accounts not eligible.
• Accounts must be in good standing: no loan delinquency or negative shares at time of referral and crediting of bonus, no account restrictions, and caused no loss(es) to Purdue Federal.
• We reserve the right to change or cancel the promotion without notice. Membership eligibility required.

Purdue Federal Credit Union $100 Checking Bonus – SEG Employees

Purdue Federal Credit Union is offering a $150 bonus when you open a new qualifying checking account.

• What you’ll get: $150 Bonus
• Eligible account: Checking Account
• Availability: IN (Bank/ATM Locator)
• Credit Inquiry: Unknown
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Start by applying online or in a branch.
  • Open a savings account and deposit your $5 membership share in the credit union.
  • Open a checking account and deposit your $25 minimum for account opening.
  • Complete the qualifications: Have direct deposit, debit card, make 10 transactions, and enroll in paperless statements.

(Limited time offer)

Fine Print

• Bonus offer valid for promotional period only.
• To qualify for bonus, account holder must be new to Purdue Federal and eligible through promoted Select Employee Group (SEG) below, and eligible to open a new primary share savings and checking account.
• Must also have direct deposit, a debit card on the account, be enrolled in paperless statements, and make 10 member-initiated transactions.
• $5 membership share deposit into primary share savings account required.
• Primary share savings currently earns 0.05% APY (APY=Annual Percentage Yield); $5.01 minimum balance to earn.
• $25 minimum opening deposit for checking account.
• Direct Deposit is defined as an aggregate of $400 or more in ACH deposits each month for two months within 90 days of account opening.
• Bonus will be deposited into primary share savings account within 10 business days after all conditions have been met.
• Social Security Number required for account holder to receive bonus.
• Bonus is considered interest and will be reported on IRS Form 1099-INT.
• Existing members, HSA accounts, and business accounts not eligible to receive bonus offer.
• If the account is closed within 6 months of account opening, the $150 bonus will be deducted from the account at closing.
• This offer cannot be combined with any other promotion.
• Membership can be opened in one of our branches or online at purduefed.com.

How To Waive Monthly Fees

• Sensible Checking Account: None
• Student Checking Account: None
• Ivy Tech Student Checking: None
• Business Checking: $5, waived w/ paperless statements
• Commercial Checking: $5, waived w/ paperless statements
• Dividend Checking: $5, waived w/ paperless statements
• Gold Checking: $5, waived w/ paperless statements
• Nonprofit Checking: $5, waived w/ paperless statements

Conclusion

This promotion is definitely worth a look if you are interested in Purdue Federal Credit Union. However, with it only being available in one state, the offer would only apply to a handful of readers.

Therefore your feedback is highly appreciated and makes our site even better!

Purdue Federal Credit Union has decent bonus, but not so great CD and Savings rates, so check out our best rates Savings, Money Market, and CD accounts.

• Best Savings/Money Market rates
• Best CD Account rates

If you’re not local to the state of Indiana, 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.

Furthermore check back often for more Purdue Federal Credit Union Bonuses, Promotions, or Offers!