Available to residents of Virginia, Peoples Advantage Federal Credit Union is offering the chance to earn up to a $50 Bonus when you refer friends and family to open a checking account and meet all the requirements.
To acquire the bonus, have your referral open a qualifying checking account and set-up a direct deposit of $500 or more and you will receive $25. Additionally, you will receive another $25 when your referral has 20 or more debit transactions.
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this referral as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Eligibility: Be sure to check to see if you are eligible to become a member at Peoples Advantage Federal Credit Union using their membership page for more info.
Credit goes to Lindsay for letting us know about this bank referral. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank referral and get paid up to $15!
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Peoples Advantage FCU Referral Info
- Direct Link to Offer
- Peoples Advantage FCU Referral Bonus PDF Printout
- Bonus Amount: $50 Bonus
- Account Type: Checking Account
- Availability: VA (ATM Locator)
- Expiration Date: None
- Credit Inquiry: Unknown, Let us know
- ChexSystems: Unknown, Let us know
- Opening Deposit: $5*
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Additional Requirements: See Below
- Household Limit: None
- Closing Account Fee: None listed
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How To Earn Peoples Advantage FCU Bonus
- Refer friends and family members to open a qualifying Checking Account.
- If they are a new member, a $5 opening fee is required for a Share Savings Account.
- Receive $25 when they set-up a direct deposit of $500 or more to the account.
- You can receive another $25 when your referral makes 20 or more debit transactions.
How to Avoid Monthly Fees
Standard Checking Account: There are no membership service fees associated with Standard Checking Accounts at Peoples Advantage FCU.
Bottom Line
Make sure you check out Peoples Advantage Federal Credit Union to learn more about the $50 referral bonus. Don’t forget this bonus will be reported on form 1099-INT. Be sure to take advantage of this opportunity before it expires!
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Referrals for all your banking needs.
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