Teachers Federal Credit Union Promotions: $100, $300, $1000 Checking, Savings Bonuses (Nationwide)

• Opend a savings account with promo code NM2024
• Simply deposit qualifying funds to your accounts and maintain your balances for 90 days.
• The amount of your bonus depends on the amount of new money you deposit into your accounts at Teachers FCU.

• This offer is for new and existing members.
• Cash bonuses are earned based on a tiered payout structure and determined by the amount you grow your deposit account balances through new money deposits over a 90-calendar-day period (“Tracking Period”).
• Must enroll at a branch, call center, or through phone/video appointment. Website enrollment is not available or permitted for this offer.
• Your total combined deposit balances as of the end of the calendar day prior to your enrollment date will serve as the Starting Balance.
• You will have 14 calendar days post enrollment to deposit new money and increase your deposit balances.
• After the 14-calendar-day period, the Tracking Period begins where combined balances across all deposit products will be tracked for the offer.
• After the Tracking Period ends, the cash bonus will be determined by calculating the difference between the Starting Balance and the Average Daily Balance of your combined end-of-day deposit balances throughout the Tracking Period.
• If the difference between the balances results in positive growth of at least $25,000, you will earn a cash bonus.
• A new account is not required.
• All deposit accounts in which you have primary or joint ownership will be included in the Starting Balance and the final Average Daily Balance totals.
• All new deposit balances may only be considered towards the requirements for one qualified enrollment/offer.
• Balances from Savings and Certificate Secured Loans, Teachers Investment Services, internal transfers or funds that originate from a Teachers account are not eligible.
• All enrollments are subject to approval.
• The cash bonus will be deposited to your primary Regular Savings account up to 45 days after the Tracking Period ends.
• You must maintain a total combined deposit balance of greater than or equal to $0.00 and be in good standing at the time of payout to receive the cash bonus.
• These offers are limited to one per primary member.
• Teachers employees are not eligible.
• Eligible members may combine this offer with the New Member Offer and Refer-a-Friend.
• Teachers Federal Credit Union reserves the right to modify or discontinue this offer at any time.
• They also reserve the right to rescind any cash bonus paid if there is a violation of the terms, requirements and/or promotional guidelines of these offers.
• The cash bonus earned will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Membership at Teachers is required by opening a minimum $1.00 Regular Savings account.

• Open a new Teachers checking account with direct deposit using offer code JOIN2023 and earn up to a $300 cash bonus.
• $200 Direct Deposit Offer:
  • Earn $50 per month for up to 4 months by completing the following requirements:
    • Open a new Teachers checking account
    • Receive at least $1,000 in monthly direct deposits
• $100 Debit Card Cash Back Offer:
  • Earn up to $25 per month for up to 4 months by completing the following requirements:
    • Open a new Teachers checking account with a debit card
    • Use your Teachers Debit Card and earn 2% cash back on purchases up to $500 and 3% cash back on the next $500 in purchases

• Direct Deposit & Debit Card Cash Back Offers: Earn up to $300 in cash bonuses. 1) Direct Deposit Offer: The up to $200 cash bonus will be earned by opening a new Teachers checking account and receiving qualifying direct deposits totaling at least $1,000 each monthly statement cycle (“Evaluation Period”) for four consecutive Evaluation Periods.
• Qualifying direct deposits are defined as an ACH/electronic deposit(s) of payroll from your employer, pension or government benefits such as Social Security.
• Deposit(s) that do not qualify for this promotion include but are not limited to: ACH external transfers, any Peer-to-Peer (“P2P”) transfers such as from Venmo, PayPal, Cash App, Zelle®, merchant transactions or point-of-sale credits such as, but not limited to: transactions from PayPal, Stripe, Square, etc, in-person check or cash deposits, wire transfers, ATM transfers, and Online and Mobile Banking transfers.
• Micro-deposits and/or deposits used to verify accounts do not qualify.
• A maximum cash bonus of $200 will be earned and deposited in $50 increments after each Evaluation Period in which $1,000 in qualifying direct deposits are posted to the new Teachers checking account.
• No bonuses shall be paid for qualifying direct deposit(s) totaling less than $1,000 during any Evaluation Period.
• Direct deposit(s) must begin before the start of the second Evaluation Period.
• Any member that fails to meet the minimum requirements and/or discontinues their direct deposit(s) during or before the four consecutive Evaluation Periods will no longer be eligible to receive any additional bonuses during the promotion.
• 2) Debit Card Cash Back Offer: The up to $100 cash bonus will be earned by opening a new Teachers checking account with a Teachers debit card linked to that account.
• Members will earn 2.00% cash back on the first $500 of qualifying debit card purchases and 3.00% cash back on the next $500 of qualifying purchases.
• A maximum bonus of up to $25 in cash back can be earned each Evaluation Period.
• Qualifying debit card purchases do not include and may not be limited to: ATM/point-of-sale cash back transactions, P2P payments, loan payments, account funding, refunds and disputed or unauthorized transactions.
• For accounts opened online, you must use offer code JOIN2023 to be eligible.

• Open a new Teachers checking account with a debit card and earn up to a $100 cash back bonus.
• Earn $25 per month for up to 4 months by completing the following requirements:
  • Open a Teachers checking account with a debit card.
  • Make 10 debit card transactions per month.
  • Enroll in Online Banking and eStatements.

• High School and College students can earn up to $100 cash bonuses.
• The $100 cash bonus will be earned by opening a new Teachers checking account and using your Teachers debit card for 10 purchase transactions each monthly statement cycle (“Evaluation Period”) for four consecutive Evaluation Periods.
• A high school or college identification is required to open the Teachers checking account and be eligible for this promotion.
• This offer can only be redeemed at a Teachers branch location.

The “Refer-A-Friend” bonus offer is available to existing Teachers members. In order for both parties to receive the $50 bonus, the following activities must occur:

• Existing members must refer family or friends to become a new Teachers member and open a new checking account.
• Referred candidate must open a Teachers checking account and perform 10 qualifying transactions* within 60 calendar days of establishing membership and maintaining their account in good standing. *Qualifying transactions include: debit card purchases, direct deposits, mobile deposits, in-branch deposits, ATM deposits and Teachers’ Bill Pay transactions.

If you have a referral link, please feel free to leave your link in the comment section below.

• Once all conditions are met by the referred new member, Teachers will deposit the $50 bonus into both parties’ primary Regular Savings accounts within 4 weeks, provided both the member and referred accounts are not closed or restricted at the time of payout. You can receive up to 10 referrals totaling $500.00 per calendar year. Bonuses may be reportable to you and the IRS on Form 1099-INT (or Form 1042-S, if applicable).
• Business accounts are not eligible to receive the Refer-A-Friend bonus. Employees of Teachers Federal Credit Union and its affiliates are not eligible for the Refer-A-Friend program. See Terms and Conditions for more information.