[Expired] Navy Federal Credit Union (NFCU): $200 Digital Investor Bonus

The Offer

Direct link to offer

  • Navy Federal Credit Union (NFCU) is offering a $200 Digital Investor Membership Offer. Must make three recurring transfers in 90 days of at least $200

The Fine Print

  • Offer valid October 1 – December 31, 2024, and can expire anytime without prior notice. To qualify for the $200 match, you must be 18 years or older and eligible for membership; join Navy Federal between October 1 – December 31, 2024; open a new Digital Investor account by December 31, 2024; and make at least 1 recurring deposit per month for 3 consecutive months within 90 days of opening new Digital Investor account.

Avoiding Fees

Monthly fee of $3.50 or $2.50 if you also have an Active Duty checking account with Navy Federal

Our Verdict

Unfortunately you’re not eligible if you’re an existing NFCU member as you need to join. Looks like you also need to open a savings and checking account. You can avoid a hard pull when opening an account. Requirements for this seem relatively easy, but annoying three accounts need to be opened.

Hat tip to Bockrr 
    William Charles
  • On October 6, 2024, 12:00

View Comments (62)

  • 12/22/2024 Account Opened
    01/03/2025 $200 transfer to account
    02/05/2025 $200 transfer to account
    03/04/2025 $200 transfer to account
    04/02/2025 $200 "Interest Income" credit posted

  • Has anyone closed the Digital Investor account yet? Is there a wait time required before closing to avoid a bonus claw back?

  • 12/16/24 applied and opened NFCU account
    12/24/24 applied and approved for Visa Flagship CC
    1/10/25 received $300 " new membership bonus"
    1/12/25 made $3500 IRS payment with CC
    1/17/25 received $400 CC bonus
    January-March 2025 $200 Digital Investor deposits, 2x per month
    2/11/25 purchased Amazon Prime with Flagship CC
    2/17/25 received $139 credit for Prime purchase
    4/2/25 received $200 bonus for Digital Investor

  • 12/10: Applied an opened
    12/30: $200 Cash Receipt - ACH (MT)
    1/3: $200 Cash Receipt - ACH (MT)
    2/24: $200 Cash Receipt - ACH (MT)
    3/19: $200 Interest Income (got an email notifying me of the bonus too)

    Got hit with a returned deposit fee when my auto-transfer pulled before I was able to cancel it. Will try to get that waived

    • Update: they did not waive the $20 fee, saying that their processor charges them the fee so they pass it on

    • Also, for future info, I just noticed there is a New Member Promotion tab within the FAQs in the Digital Investor, which could be helpful for checking enrollment or terms

  • Paid today.

    Opened back in November and did 3 auto transfers( 1 per month) from the checking account to the digital investor account and manually back to the checking. Used the same $200

  • Any reason to keep the NFCU checking account open (after the digital investor bonus posts and that account is already closed)?

    • I'd keep a relationship of some kind (only if its fee free) incase other offers come up so you don't have to waste another HP to come back later. I keep a fee free CC with them I don't use to maintain that.

  • How do you actually withdraw money from this account back to your checking? If I go into my account, it shows a cash value of $200, but if I click "withdraw" under transfers, it says I have $0 available for withdrawal. The transfer in was on the 1st of the month, so it's been 11 days now.

    • I did. It posts in the Digital Investor Account (not the linked checking) as "Interest Income - generated: transfer"

  • Maybe a dumb question, but the funds only need to be auto transferred into the digital investor account and not actually invested, correct?

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