Posted by William Charles on March 17, 2019
Bank Account Bonuses

Published on March 17th, 2019 | by William Charles


[NV only] Elko Federal Credit Union $100 Referal Bonus For Both Parties

Offer at a glance

  • Maximum bonus amount: $100 for both referrer and referee
  • Availability: NV only [Branch locator]
  • Direct deposit required: Yes, no minimum mentioned
  • Additional requirements: Mention name of person referring you
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None
  • Expiration date: None 

The Offer

Direct link to offer

  • Elko Federal Credit Union is offering a referral bonus of $100 for both parties. To receive the bonus the new user must:
    • Mention your name when they call or come in
    • Open a new EFCU checking account with a direct deposit

The Fine Print

  • Both parties must be 18 years or older to be eligbile.Referring member and new member referral will each receive $100 cash in their EFCU savings accounts once: the referred member has established an Elko Federal Credit Union checking account with direct deposit or closed on any Elko Federal Credit Union loan.
  • The referred new member must mention the name of the Elko Federal Credit Union member that referred them at the time of account opening and/or application to receive this offer.
  • Offer not valid on existing Elko Federal Credit Union loans. Referred member’s checking account must remain open and in good standing for a minimum of 90 days for cash to be deposited into referring member’s and new member’s accounts.
  • Membership required.
  • To obtain an Elko Federal Credit Union account, you must have or open a Share Savings Account with a minimum deposit of $25.00 and pay a one-time membership fee of $5.
  • See credit union for complete details.
  •  Please consult your tax advisers concerning the reporting to Internal Revenue Service of bonus payments as interest on accounts.
  • 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 I’m unsure if there is any early account termination fee or not.

Our Verdict

Feel free to share your referral details in the comments below, just also share if it’s a hard or soft pull to open as well.

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