[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

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View Comments (9)

  • Applied and instantly approved.
    No hard pull (all of my CRAs are frozen).
    Yes for credit funding, but minimum and maximum is $5. LOL
    The approval process and their website are pretty snazzy, but I cannot find where I could generate the referral link and I haven't seen any field to enter referrer in the application process.

  • Possible OOS application through GOWest Association Friends of the Foundation. I haven’t joined this CU this way but it’s theoretically possible to join this way.

    • Selected Employer Groups (SEG). When you apply there will be a drop down list of employers that allow you to be eligible to become a member.

  • I'm in Jeffco, would love a referral.
    Does anyone know if this bank allows CC funding?

  • I chatted with them a few weeks ago and they told me it’s a hard pull to join the credit union.

      • Typically when a bank says hard pull, they mean hard credit inquiry. Banks usually consider Chex a soft pull, because it doesn't impact your credit score.

        Different people use different terminology. Also, there is a possibility the rep was wrong. Happens all the time.