SAFE Credit Union Bonuses: $100 Checking, Referral Promotions (CA)

Take advantage of our updates on SAFE Credit Union bonuses, promotions, and offers here. Available in California only.

Update 8/26/24: There is now a $550 checking bonus good through 9/30/24.

SAFE Credit Union Bonuses Review

Founded in 1940, SAFE Credit Union provides their members with the financial services and products they need. They strive to give exceptional experiences and solutions that would suit you best. Additionally, there are several perks that comes with opening a new account with them.

I’ll go over all SAFE Credit Union Checking offers below.

SAFE Credit Union $550 Checking Bonus

• What you’ll get: $550 Bonus
• Eligible account: Perfect Cents Checking
• Where it’s available: CA (Bank Locator)
• Credit Inquiry: Hard Pull
• Direct Deposit Required: No
• Monthly Fee: See below on how to waive
• How to earn it:
  • $500 bonus:
    • Open Perfect Cents Checking account
    • To earn $500 within 60 days: enroll in eStatements, receive $1,000+ in direct deposits, and complete 30 debit card purchase transactions.
  • $50 bonus:
    • Open a Level Up Money Market account.
    • To earn $50 within 30 days: have a minimum of $5,000 in your account.

(Expires 09/30/2024)

Fine Print

• To qualify for the Get $550 Incentive Program (Program) rewards (bonuses), the SAFE member must comply with SAFE Program criteria to earn each bonus. Earn up to $550 by meeting the criteria for both Perfect Cents Checking® and Level Up Money Market. Earn $500 for only meeting Perfect Cents Checking criteria. Earn $50 for only meeting Level Up Money Market criteria. Account application must be submitted through SAFE Online Banking or the Contact Center; in-branch submissions do not qualify. Participant must be 18 years or older and qualify for membership or be an existing SAFE member.
• Perfect Cents Checking Criteria: The SAFE member cannot have an open SAFE checking account or have had a SAFE checking account closed within the previous 12 months, reporting under their Tax Identification Number (TIN). The SAFE member will receive a bonus if (1) they open a SAFE Perfect Cents Checking account with a minimum of $25 and (2) within 60 days of account opening (a) enroll in eStatements, (b) have direct deposits totaling $1,000 or more post to the account and (c) have thirty (30) debit card purchase transactions post to account. Annual Percentage Yield (APY) accurate as of 8/1/2024 and subject to change monthly. APY of 3.04% paid only on the portion of your daily balance that is less than or equal to $3,000. APY of 0.05% – 3.04% paid on balances of $3,000.01 or more. Two monthly requirements must be met to receive dividends on Perfect Cents Checking: 1) Active enrollment in eStatements; 2) Minimum of 10 debit and/or credit card purchase transactions post and settle each month. For credit card transactions to count towards the requirement, the credit card must be established under the tax reporting owner of the Perfect Cents Checking account.
• Level Up Money Market Criteria: The SAFE member cannot have an open SAFE money market account or had a money market account that was closed within the previous 12 months, reporting under their TIN. The SAFE member will receive a bonus if (1) they open a SAFE Level Up Money Market account with a minimum of $25 and (2) increase balance to $5,000 or more within thirty (30) days from account opening. Annual Percentage Yield (APY) accurate as of 8/1/2024 Under $10,000 – 2.02% APY, $10,000.00-$24,999.99 – 2.02% APY, $25,000.00-$49,999.99 – 2.53% APY, $50,000.00-$99,999.99 – 2.78% APY, $100,000.00-$249,999.99 – 3.04% APY, $250,000.00 & over – 3.30% APY. Variable rate may change after account opening. Monthly fee of $12 waived if average daily balance equals $2,000 or more. Waived for Capitol Club.
• Bonuses: The SAFE member must be in good standing at time of each bonus disbursement. Bonuses will be disbursed in the form of a Visa® Prepaid Card emailed by a third party, tangocard.com, to the SAFE member’s email within ten (10) business days after individual product criteria is met. Neither SAFE nor any third-party providing Program services will have any liability to SAFE member for failure to deliver prepaid card redemption email due to invalid email address.
• Additional Terms: Fees may reduce earnings. SAFE complies with applicable tax reporting requirements. SAFE member is responsible for any federal, state, or local taxes on bonuses. SAFE Perfect Cents Checking and Level Up Money Market account rates, fees, and terms can be viewed at www.safecu.org and will be provided prior to account opening. Program subject to change or cancellation without notice. Cannot be combined with other account-opening offers.

SAFE Credit Union $100 Referral Bonuses

SAFE Credit Union now has a $100 bonus offer when you refer friends/family to open an eligible checking account and meet all of their requirements.

• What you’ll get: $100 Bonus
• Eligible account: Checking Account
• Where it’s available: CA
• Credit Inquiry: Hard Pull
• Direct Deposit Required: No
• Monthly Fee: See below on how to waive
• How to earn it:
  • Your friend opens a SAFE checking account and meets the reward criteria within 60 days by making 10 debit card purchases.
  • Once your friend meets the criteria, you both get your $100 reward emailed to you within 10 business days.
  • You can get up to $500 in rewards a year for referring your friends!

(Limited time offer)

Fine Print

• $25 required to open account. Reward criteria must be met within 60 days of account opening and rewards paid within 10 business days.
• Advocate: To qualify for a Refer Your Friend Program (Program) reward, the referring SAFE Credit Union member (Advocate) must be in good standing with SAFE and have belonged to SAFE for at least one business day. Limit $500 in referral bonuses per calendar year. A referred member (Friend) must comply with SAFE Program requirements for the Advocate to earn a bonus. Friend: For the Advocate and Friend to earn rewards under the Program, the Friend must enroll in the Program using the referral link provided by the Advocate. The Friend will receive a Program bonus if (1) they open a SAFE checking account with a minimum of $25, and (2) within 60 days of account opening have posted ten debit card merchant purchase transactions to their SAFE checking account.
• Reward Fulfillment: Both Advocate and Friend must be SAFE members in good standing at time of reward disbursement. Rewards will be disbursed in the form of prepaid card redemption options emailed by a third party, tangocard.com, to the Advocate and Friend’s emails within ten business days after Program criteria are met. Neither SAFE nor any third-party providing Program services will have any liability to Advocate or Friend for failure to deliver prepaid card redemption emails due to invalid email addresses.
• Additional Terms: SAFE complies with applicable tax reporting requirements. Advocate and Friend are responsible for any federal, state, or local taxes on bonuses (rewards). Not available on business or organizational accounts. SAFE checking account rates, fees, and terms can be viewed at www.safecu.org and will be provided prior to account opening. Program subject to change or cancellation without notice.

How to Waive Monthly Fees

• Freedom Checking: No monthly service fee with eStatements
• Perfect Cents Checking: No monthly service fee with eStatements and either direct deposit or 10 purchase transactions
• Prestige Checking: No monthly service fee with minimum daily balance of $1,000 or more
• Capitol Checking: No monthly fees
• Business Value Checking: $10.00 monthly waived with eStatements and either a $2,000 minimum daily balance or combined $4,000 in deposit and business loan balances, or a SAFE Visa Business Card.
• Business Checking: $15.00 monthly waived with eStatements and either a $5,000 minimum daily balance or combined $10,000 in deposit and business loan balances, or a SAFE Visa Business Card.

Conclusion

Now, if you’re interested in this offer be sure to visit SAFE Credit Union. Plus, there are several perks that come with opening a checking account with them. However, if you don’t reside in California, check out other Bank Bonuses below.

SAFE Credit Union has decent rates for CDs and Savings, but always check out our best rates for Savings, Money Market, and CD accounts from the links below.

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

If you’re not local to any of the states 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.

Feel free to leave a comment below if you want to leave you info for the referral bonus. Your feedback is highly appreciated and makes our site even better!

Check back often for more SAFE Credit Union Bonuses, Promotions, or Offers!