Find an updated list of Power Financial Credit Union promotions, bonuses, and offers here.
Update 8/13/24: There is currently a $199 checking bonus available with optional direct deposit requirement available for a limited time.
About Power Financial Credit Union Promotions
Power Financial Credit Union is headquartered in Pembroke Pines and is the 25th largest credit union in the state of Florida. Founded in 1951, they have grown to 5 locations and boast an A health rating.
| Eligibility: Membership is open to those who live or work in Monroe, Miami-Dade, Broward, Palm Beach, and Martin Counties or employed by a member of our Select Employee Group. See current membership details |
I’ll review the offers below.
Power Financial Credit Union $199 Checking Bonus
- What you’ll get: $199 bonus
- Account Type: Personal Checking
- Availability: FL (Bank Locator)
- Direct Deposit Requirement: Optional (see what works)
- Credit Inquiry: Hard Pull
- ChexSystems: Yes
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Account Termination Fee: 90 days, bonus forfeit
- Household Limit: None listed
(Limited time offer)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Earn a $199 bonus when you join and open a checking account with direct deposit or an initial deposit of $500.
- Must use promo code “JT” when opening membership to qualify for the promotion.
- Promotion can end at any time.
- Must use promo code “JT” when opening membership to qualify for the promotion.
- Prizes will be awarded upon account meeting qualification criteria.
- New accounts require opening a checking account with a minimum direct deposit or initial deposit of $500, which must remain in the account for at least 90 days.
- Checking account must remain open for 90 days. Membership required; $5 membership deposit.
- Power Financial Credit Union’s membership consists of those who: live or work in Broward, Charlotte, Collier, Lee, Martin, Miami-Dade, Monroe, Palm Beach County, Hillsborough, Manatee, Pinellas, Sarasota or St. Lucie counties; employees of FPL/NextEra and Ryder System, Inc.; members and employees of Bonefish & Tarpon Trust; and immediate family of all current members.
- Restrictions apply.
- Cannot be combined with other offers.
- Incentives will be deposited to member’s Power Financial Credit Union Account no later than 120 days after account opening.
- A 1099 may be issued for the value of the incentive on your behalf as income.
Power Financial Credit Union $100 Checking Bonus
Earn a $100 Checking Bonus at Power Financial Credit Union
Power Financial Credit Union is offering a $100 bonus when you open a new qualifying checking account
- What you’ll get: $100 bonus
- Account Type: Personal Checking or Savings Account
- Availability: FL (Bank Locator)
- Direct Deposit Requirement: Optional (see what works)
- Credit Inquiry: Hard Pull
- ChexSystems: Yes
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Account Termination Fee: 90 days, bonus forfeit
- Household Limit: None listed
(Expires 12/31/2024)
| BMO Smart Money Checking ($300 cash bonus) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($300 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a checking account with direct deposit AND savings account and you will receive $100!
- Open a checking account AND a consumer loan with membership and you will receive $150!
- Open a checking account, consumer loan AND a credit card with membership and you will receive $200!
- Open a checking account, consumer loan, credit card AND a mortgage with membership and you will receive $250!
- Promotion ends December 31st of current year.
- Prizes will be awarded upon account meeting qualification criteria.
- New accounts require opening a checking account with direct deposit or a minimum initial deposit of $500.
- Checking account must remain open for 90 days.
- Membership required; $5 membership deposit.
- Power Financial Credit Union’s membership consists of those who: live or work in Broward, Charlotte, Collier, Lee, Martin, Miami-Dade, Monroe, Palm Beach County, Hillsborough, Manatee, Pinellas, Sarasota or St. Lucie counties; employees of FPL/NextEra and Ryder System, Inc.; members and employees of Bonefish & Tarpon Trust; and immediate family of all current members.
- Restrictions apply.
- Please visit or call Power Financial Credit Union for complete details.
- Cannot be combined with other offers.
- Incentives will deposited to member’s Power Financial Credit Union Account.
- A 1099 may be issued for the value of the gift on your behalf as income.
Power Financial Credit Union $100 Referral Bonus
- What you’ll get: $100 bonus
- Account Type: Checking
- Availability: FL
- Direct Deposit Requirement: Optional (see what works)
- Credit Inquiry: Hard Pull
- ChexSystems: Yes
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Account Termination Fee: 90 days, bonus forfeit
- Household Limit: None listed
(Expires 12/31/2024)
| BMO Smart Money Checking ($300 cash bonus) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($300 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Print this referral form
- Complete “Current Member” fields
- Give the form to your friend or family member
- Point them to our website, a nearby branch, or have them call 800-548-5465 to open an account
- Present the referral form when opening the account
- Referral promotion ends December 31st of current year.
- Prize will be awarded upon account meeting qualification criteria.
- New account must remain open for at least 90 days.
- Referred member must open a new Power Financial Credit Union share account as the primary owner and can’t have any existing or prior Power Financial Credit Union account.
- Referring member must be a current Power Financial Credit Union member. Power Financial Credit Union employees aren’t eligible.
- Subject to membership eligibility— Power Financial Credit Union’s membership consists of those who: live, work or go to school in Broward, Charlotte, Collier, Lee, Martin, Miami-Dade, Monroe, Palm Beach County, Hillsborough, Manatee, Pinellas, Sarasota or St. Lucie counties; employees of FPL/NextEra; employees of Ryder System; members and employees of Bonefish & Tarpon Trust; and immediate family of all current members.
- Must be 18 or older.
- Referral card must be presented when the account is opened, and must contain the current member’s name, address and phone number.
- Restrictions apply – please visit or call Power Financial Credit Union for complete details.
- Cannot be combined with other offers.
- A 1099 may be issued for the value of the gift on your behalf as income.
How To Waive Monthly Fees
- Cash Back Checking: None
- Student Checking: None
- Teen Checking: None
- Regular Checking: $4.95 fee if SecureLink Bill Pay is not used to pay at least one bill per month.
- Business Checking: Low monthly fees
- Business Savings: Low monthly fees
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Bottom Line
Lastly, Power Financial Credit Union offers a variety of accounts available for you to maximize your savings with. However, while their checking account allows you to earn the bonus and also gives you full access to a wide selection of features to better your banking experience for the future ahead. Therefore, I would not recommend this event since triggers a hard pull.
Furthermore, your feedback is highly appreciated and makes our site even better! Let us know if you signed up and if it was worth it!
However, Power Financial Credit Union does not offer the strongest CD and Savings Rates. Additionally, that being said you may want to check out our full list of Bank Rates and CD Rates.
*Check back at this page for updated Power Financial Credit Union promotions, bonuses, and offers.
This is a hard pull based on my recent experience.
Thank you for sharing your experience.
I opened an account today. One other requirement to avoid monthly fees if you are not going to do direct deposit is to maintain a $1,000 average daily balance for the first 2 months. They do accept credit card funding to open, but there is a 4% fee for that. Although I am a property owner in Florida, I am a snowbird and my driver’s license is from a northern state —- not a problem as long as you can provide a tax or utility bill to confirm that you live in Florida. Perfect for snowbirds!