Are you a resident of New Mexico, California, Arizona, Texas, or Colorado looking for a great bank bonus? You’re in luck! Sunward is offering a sweet deal where you can earn a $225 bonus by opening a new account. Whether you’re a seasoned account hopper or just looking for a fresh start, this is a great way to boost your bank balance. I know I’m always on the lookout for the best bank bonuses, and trust me, this one is worth talking about! Let’s break down how it works and how you can grab this cash.
For bank bonuses available nationwide, see our list of the best bank promotions here.
Key Takeaways
- Earn $225 by opening a new Sunward account.
- Referral bonus: You can earn $75 by referring friends and family!
- Complete simple tasks like making qualifying deposits and using your checking account.
- There’s no cap on referrals, so you can earn even more by spreading the word.
How the $225 Bonus Works
It’s simple: Sunward is offering you $225 for opening a new account and meeting a few requirements. Here’s what you need to do:
- Open a savings account with a minimum deposit of $1.
- Open a Quick Cash or Money Manager Checking account.
- Make $500+ in qualifying deposits for two consecutive months within the first 90 days. Qualifying deposits can include payroll, government benefits, or P2P transfers—just be sure they’re not internal transfers or dividends.
- Complete one qualifying transaction (think debit card purchases, bill payments, or ATM withdrawals) with your new checking account.
Once you complete these, you’ll receive your $225 reward. It’s that easy!
How You Can Earn $75 for Referrals
If you’re already a Sunward member, you can earn $75 for every friend or family member you refer to the bank. And here’s the best part: there’s no limit on how many people you can refer. So, if you have a lot of friends looking for a solid bank, this is your chance to rack up some cash.
To refer someone:
- Share your unique referral code (you should’ve received it via email from Sunward).
- Your friend needs to use your code when applying—either online or in-branch.
- Once they meet the requirements for the $225 bonus, you’ll get $75 deposited into your savings account.
It’s a win-win!
What to Know About the Bonus
There are a few key points to keep in mind to ensure you get your rewards:
- You must be at least 18 years old to participate.
- Both the person you refer and you must meet the membership requirements, which include opening an account and making qualifying deposits.
- Rewards will be deposited within 90 to 120 days after the requirements are met.
- If you’re new to Sunward, you’ll need to open a primary savings account and at least one checking account (Quick Cash or Money Manager).
- The $75 referral bonus will be credited to your account once your referred friend meets all the criteria.
Our Take
This $225 bonus from Sunward is a solid deal, especially if you’re already thinking about switching to a new bank or opening a fresh account. The requirements aren’t difficult to meet—just a little bit of saving and spending—and you could have an extra $225 in your pocket! Plus, if you’ve got friends who are also looking to make a move, you can earn even more with the referral program. So, what are you waiting for? Open your account, refer your friends, and start earning!
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