[CO] Arapahoe Credit Union $200 Referral Bonus

Offer at a glance

• Maximum bonus amount: $20
• Availability: Membership is open to those who live/work/study in Arapahoe, Douglass, and Jefferson Counties in OH, family members, and SEG members
• Direct deposit required: Required for $75 of the bonus
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Up to $1,005
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: None listed

The Offer

Direct link to offer

• Arapahoe Credit Union is offering a referral bonus. Person referring gets $75-$250 and person signing up receives up to $200:
  • $100 with active checking account
  • $25 with free CardControl App
  • $75 when you receive a direct deposit or set up any loan

The Fine Print

• New members: “Active accounts” are defined as having a checking account and using your debit card a minimum of one time. Arapahoe CU will automatically review the account at 60 days to see if qualifications are met.
• If a member reaches this threshold after 60 days, it is the member’s responsibility to contact ACU for payout.
• You may also contact us when conditions are met for a near-immediate payout (upon qualification).
• CardControl incentive can be paid upon full card registration.
• Loan qualifications will be met upon funding or opening of a loan product.
• Direct Deposit incentive will be considered complete when an electronic payroll distribution is received.
• Payouts are available for Direct Deposit OR a loan product. Opening both will only result in a single payment of $75 as noted.
• Current members: Qualification for payout is determined by the payout of the referred member.
• That is, you will receive your referral reward at the time we pay out a qualified referral. This will coincide with the referred member meeting any or all qualifying activities.
• At our sole discretion, we may choose to pay out good faith efforts to refer new members who do not qualify.
• Arapahoe CU may further, at its sole discretion, make immediate payouts for any account.
• The determination of these payouts will be based on member history, past relationship, and referral history with the credit union.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF

Our Verdict

Feel free to share your experiences in the comments below along with your referral.

Hat tip to reader snailrock

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times