[AZ only] Desert Financial Credit Union $100 Referral Bonus For Both Parties Or $200 Checking Bonus

Update 8/20/24: Another variation that is $1,000 direct deposit but no other requirements.

Update 6/29/23: There is a $200 checking bonus.

Offer at a glance

  • Maximum bonus amount: $100 for both parties
  • Availability: AZ only
  • Direct deposit required: Yes, no minimum specified
  • Additional requirements: 30 transactions
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: $25, 90 days
  • Household limit: None listed
  • Expiration date: None listed

The Offer

Direct link to offer

  • Desert Financial Credit Union is offering a $100 referral bonus to both parties. The person signing up for a new checking account has to be referred by an existing member and complete the following requirements:
    • Receive at least one direct deposit within the first 90 days
    • Have at least 30 posted transactions during the first 90 days

The Fine Print

  • Refer-A-Friend cash bonus offer valid for a limited time only. New member must present completed Referral Form at time of account opening and establish a Membership Savings and Checking account. New members cannot have any existing accounts (primary or joint owner) within the last 12 months. Member and
    referee cannot begin credit union membership on the same business day.
  • To receive the cash bonus, the new checking account must meet the following criteria within the first 90 days:
    • 1. Minimum of 30 posted transactions and
    • 2. Establish direct deposit.
    • 3. Must be open and cannot be delinquent (more than 30 days) at time of bonus payment. Bonus will be deposited into the qualifying Checking and referring member’s account within 10 business days in the month following the end of the first 90-day period if qualifications are met.
  • Referring member must have an open and active share account at time of bonus payment and be at least 18 years of age. Employees of Desert Financial Federal Credit Union, its subsidiaries, affiliates, or agencies and their immediate family (including spouse, parents, siblings, children, grandparents or grandchildren) are not eligible for bonus offer.
  • Bonus amounts are subject to all applicable taxes and the responsibility of the member.
  • Bonus cannot be combined with any other account opening offer.
  • Referrals limited to five per member.

Avoiding Fees

Monthly Fees

The free checking account has no monthly fees to worry about

Early Account Termination Fee

There is a $25 fee if closed within 90 days.

Our Verdict

Feel free to share your referral information in the comments below. Now that we know this is a soft pull we will add it to our best bank bonus page.

Hat tip to reader EW

Useful posts regarding bank bonuses:
    William Charles
  • On June 29, 2023, 22:55

View Comments (155)

    • I cant find expiration date anywhere. I'm assuming it's still ongoing. Did they pull Chex?

      • They pull Chex and EWS. And yeah, I don't see an expiration either. Should still be active, but if you want, could give them a call and ask. @guest_2046011

        • Random question, how often do you apply for a bank? My Chex score always stays in the 600s and it's been 2 months since I applied for a bank that pull Chex

          • Ty for the DP. I got denied by Citi Bank twice a couple months ago due to a fraud alert being enabled. Not sure if td safe to reapply though. I'm in the low 600s Chex score, think I have a chance of approval? Only have 2 inquires on my view by others tab.

            Do you know any banks that don't pull Chex or not Chex sensitive other than chime, sofi, first tech, WF, PNC, Chase that hasn't expired?

          • It's impossible for me to say if you will get approved. I'd think so. @guest_2046011

            If you only have two inquiries for the last 3 years, you might be better off finding other offers though. However, you might have to opposite issue many of us have, and you don't have enough history.

          • I was able to dispute and moved old inquiries to view by me only how does that factor in? And what bank would you recommend besides Citi $450 bonus?

    • For those wondering, stacking the referral offer is not excluded in the $200 promo terms, but not sure it would work since I think both require opening from a specific link.

  • another DP
    11/19 went in branch
    banker request SSN card to be present in order to open the account, perhaps recent Chex

  • DP DD Data Point Direct Deposit for Desert Financial Credit Union.Mercari ACH transfer works to trigger. It shows up on description: Salary/Regular Income from Mercari Group

    I tried Betterment and Chase but I doubt they worked. It shows up on description:
    -Transfer from Jpmorgan Chase Bank
    -BETTERMENT TRANSFER DEBIT FILE XXX XXX (where XXX is my full name)

  • ASU offer is 500dd/200 for asu students or 1000dd/400 for asu employees(according to banker)
    09/03/24 open in branch, Chex checked
    09/09/24 chase biz ach 500+
    09/13/24~09/30/24 10+ debit trans
    10/10/24 pending...

  • Does anyone need a referral? I have a $100 referral for this offer

    email me 2023removeme2023 at gmail .com

  • 12 month language. Applied OOS using Tom Macdonalds link below for the $200 bonus. Under review. Allows $600 CC funding. I previously churned this bank few years ago.

  • Tried to apply online for the recent $200 offer from OOS (using 'family member' as per prior comments).

    Was declined via email for "unable to verify identity".

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