Teachers Federal Credit Union $300 Checking Bonus [Nationwide] – No End Date

Teachers Federal Credit Union is offering a $300 bonus when you open a new checking account with a debit card and establish direct deposit. Membership is open nationwide.

• Update 10/17/2023: The offer is still active. For a higher checking bonus, consider this up to $600 offer from BMO Bank.
• Update 7/25/2023: Offer has updated to a $300 promo from the previous $400 offer.

READ MORE: WELCOME OFFERS FROM CHASE AND BMO.

Teachers Federal Credit Union Up To $300 Checking Offer

• What you’ll get: Up To $300
• Where it’s available: Nationwide
• How to earn it: Use promo code JOIN2023
  • $200 Direct Deposit Offer: Earn $50 per month for up to 4 months by opening a new Teachers checking account and receiving 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 opening a new Teachers checking account with a debit card and using it to earn 2% cash back on purchases up to $500 and 3% cash back on the next $500 in purchases.
• When it expires: Not stated

Waive The Monthly Fee

The Teachers checking account has no monthly fee.

Fine Print

• Direct Deposit Offer: Earn up to $200 cash bonus by opening a new Teachers checking account and receiving qualifying direct deposits totaling at least $1,000 each monthly statement cycle for four consecutive Evaluation Periods. Qualifying direct deposits include payroll, pension, and government benefits, but exclude certain types of transactions like P2P transfers and in-person check or cash deposits.
• Debit Card Cash Back Offer: Earn up to $100 cash bonus by opening a new Teachers checking account with a Teachers debit card linked to the account and earning 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.
• Offers available to new members only and require enrollment in Online Banking and eStatements.
• Direct deposits and debit card transactions must post and clear during the Evaluation Periods defined in the promotion.
• After meeting the offer requirements, any earned cash bonuses will be deposited within 30 days to the primary member’s Regular or Youth Savings account.
• The checking account must be open and in good standing with a balance greater than or equal to $0.00 to be eligible for the cash bonus.
• Offers are limited to one per primary member and may be combined with the Refer-a-Friend promotion.
• Business and trust accounts are not eligible for these offers.
• Teachers Federal Credit Union reserves the right to modify or discontinue the offer at any time and may rescind any paid cash bonus for violations of the terms and requirements.
• Cash bonuses earned will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
• Membership at Teachers is required by opening a Regular Savings account or Youth Savings account with a minimum opening deposit of $1.00.

READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOTIONS FOR BONUS CASH AND REWARDS

Bottom Line

The previous offer was for $400. This is still a good offer, especially since it is available nationwide to all people regardless of residency and profession.

See more from Teachers Federal Credit Union:

• Teachers Federal Credit Union Promotions: Up To $1000 Deposit Bonus [Nationwide] – Ended

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.