Find the latest Wescom Credit Union bonuses, promotions, and offers here.
Update 8/21/24: The referral bonus offer has been extended though 12/31/24.
Wescom Credit Union Bonuses Review
For 85 years, Wescom has been help Southern Californian with their financial needs. To better serve their customers they have expanded to 23 branches and thousands of ATMs nationwide.
| Eligibility: Membership available for anyone who lives, works, worships, or attends school in the seven Southern California counties. To learn more, be sure to check out the membership eligibility section. |
I’ll go over all Wescom Credit Union offers below.
Wescom Credit Union $200 Referral Bonus
Wescom Credit Union is offering a $200 bonus when you refer a friend to open a qualifying checking account.
- What you’ll get: $200 Bonus
- Eligible account: Checking Account
- Where it’s available: CA (Bank Locator)
- Credit Inquiry: Soft Pull via ChexSystems
- Direct Deposit Required:
- Monthly Fee: $0-$8; waivable
- How to earn it:
- When your friend opens a Wescom Checking Account with $100 = $50 each (Use promo code RAF when opening the new account)
- When your friend achieves Signature Membership within their first three months of account opening = another $50 each
- When your friend achieves Platinum Signature Membership in that same time period = an additional $100 each
- That’s a total of $200 each and an entry to win a pair of Knott’s 2024 Gold Season Passes with All-Season Dining and Drinks for you and your friend. Ten will win!
(Expires 12/31/2024)
Fine Print
- Offer only applies to non-members referred by a Wescom member and is not applicable with any other offer.
- Must be age 18 years or older with a valid Tax Identification Number.
- For both parties to qualify for full/partial bonus: 1) new member must establish membership with Wescom using the promo code RAF and open a Checking Account with a minimum $100 deposit by December 31, 2024 to receive the initial $50.00 bonus each; 2) new member must achieve Signature Membership during their New Member Period (the first three full calendar months after the date of joining Wescom ranging from 90 to 120 days) to receive an additional $50.00 bonus each; and/or 3) the new member achieves Platinum Signature Membership during that same period for both parties to qualify for an additional $100.00 bonus each.
- Visit wescom.org/About-Us/Signature-Membership on how to earn Signature and Platinum Signature Membership.
- Referring member does not need to be present when new member establishes membership or Account.
- Full/partial bonus is based on satisfaction of conditions and will post to each recipient’s account the month after the new member satisfies each requirement.
- Bonuses may be subject to IRS reporting.
- Consult your tax advisor. Youth Accounts, UTMA, Club/Fiduciary Accounts, Wescom employees, their families, Wescom volunteers, and Wescom Board of Directors are not eligible for this offer.
- Membership eligibility required.
- All Accounts are subject to approval.
- A $1 deposit to a Regular Savings Account is required.
- Certain conditions and restrictions apply.
(Expired) Wescom Credit Union $250 Checking Bonus
Wescom Credit Union is offering a $250 bonus when you open a qualifying checking account.
- What you’ll get: $250 Bonus
- Eligible account: Checking Account
- Where it’s available: CA
- Credit Inquiry: Soft Pull via ChexSystems
- Direct Deposit Required: Yes
- Monthly Fee: $0-$8; waivable
- How to earn it:
- Wescom Credit Union is offering a bonus of $250 when you open a new checking account with promo code WELCOME. Bonus is broken down as follows:
- Open a new Wescom Checking Account and maintain a $100 average daily balance and get a $100 bonus
- Use your debit card at least twice for two consecutive months and get $50 bonus
- Make a qualifying direct deposit of $500 or more for two consecutive months and get $100 bonus
- Wescom Credit Union is offering a bonus of $250 when you open a new checking account with promo code WELCOME. Bonus is broken down as follows:
(Limited time offer)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Offer valid until 12/31/2020 and may discontinue at any time.
- Member must meet all qualifications to receive full $500 bonus.
- Full/partial bonus will be deposited to your regular savings account the first week of the month following the full calendar month after you qualify for the bonus.
- Offer valid for new members only and cannot be combined with any other offer.
- Youth Account, UCLA Student, UCLA Grad Student, UCLA Staff and UCLA Faculty members, Wescom employees, their families, Wescom Volunteers, and Wescom Board of Directors and existing Members are not eligible for this offer.
- Bonuses may be subject to IRS reporting. Consult your tax advisor
(Expired) Wescom Credit Union $100 Checking Offer
To earn this $100 bonus, open a new eligible checking account and meet all of their following requirements.
- What you’ll get: $100 Bonus
- Eligible account: Wescome UCLA Checking, Fee-Free Checking
- Where it’s available: CA
- Credit Inquiry: Soft Pull via ChexSystems
- Direct Deposit Required: No
- Monthly Fee: $0-$8; waivable
- How to earn it:
- Visit a local Wescom Credit Union to open the checking account.
- Upgrade your membership.
- Have your account open for at least 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
- Bonuses will post to accounts the month after new member opens a Checking Account, after the new member achieves Signature Membership, and again after new member achieves Platinum Signature Membership.
- Signature Membership is achieved by earning Signature Relationships. Signature Membership terms and conditions apply.
- Youth Account members, Wescom employees, their families, Wescom Volunteers, and Wescom Board of Directors are not eligible for this offer.
How To Waive Monthly Fees
- Simply Free Checking: None
- Signature Membership: $8 monthly Checking Account service fee is waived for Platinum Signature Members and Signature Members, New Checking Accounts for the first 90 days, members age 18-25 who are active eBranch and mobile banking users and who have opted out of paper statements.
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Conclusion
Wescom Credit Union offer is a great option for those looking to expand their banking experiences. Whether you are interested in the rather attractive bonus or would like a new account, this promotion is the one for you.
This offer from Wescom Credit Union is super simple to earn and I recommend taking advantage of this offer before it expires. Wescom CU rates aren’t that great, so check our best rates Savings, Money Market, and CD accounts.
If you’re not local to California, 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.
If you qualify, be sure to apply as soon as you can. However, if you are not interested, be sure to see our complete list of Bank Bonuses for all your banking needs.
Check back for more Wescom Credit Union promotions, bonuses, and offers.
If you love jumping through hoops, this might be the bonus for you!
Once you open the checking account and Get $50, the fun begins:
During the first 90 days, all you have to do is become a Signature Member.
It is not something you simply sign-up for, it something you get to achieve…
And the fun does not stop there… No time to rest, time to do more:
you are required to go ‘Platinum’ by the end of that time period.
There is also an added element of risk or uncertainty…. something
they disclose by way of an example.
You are required to engage in a bunch of financial activities. Then to
achieve Platinum, you need to add a few more. So at this point you
take out a loan and then pay it off real quick. Well Guess What?
In so doing, you have nullified the credit for one, (or even
TWO of your activities, according to the example given in the promo.)
Now you can have even more fun. You are invited to call Wescom
to obtain the specifics regarding this contingency… a little surprise
or booby-trap that could put much of that bonus out of reach.