Offer at a glance
- Maximum bonus amount: $100
- Availability: Membership is open to certain counties in OR, anyone in OR with membership to the Pacific Foundation for Blind Children, anyone in WA, and relatives of members
- Direct deposit required: No
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: None
- Household limit: None
- Expiration date: None listed
Contents
The Offer
- iQ Credit Union is offering a $100 referral bonus for both parties when the person being referred opens a new checking account
The Fine Print
- To be eligible for the promotion you must be a natural born person, lawful permanent resident of the United States, 18 years of age or older.
- The promotion is available to new and existing iQ Credit Union members, based on the requirements above.
- All new membership accounts are subject to iQ Credit Union’s normal approval process.
- A minimum opening balance of $5 is required for a Savings Account.
- Participation in the Referral Reward promotion carries with it a certification from the referred member that the referred member personally knows the referring and the referred is not acting as an affiliate marketer for iQ Credit Union.
- iQ Credit Union reserves the right to disqualify any referrals in circumstances where iQ Credit Union reasonably believes that referrals were not sent to iQ Credit Union in good faith. Business, trust, estate, club/association, guardianship/conservatorship, court ordered/blocked, representative payee/custodial, UTMAs, youth, and memorial/donation accounts are not eligible for this promotion. Employees of iQ Credit Union, board members, and their immediate family members are not eligible to participate. Joint account owners from existing membership accounts opening their own new membership account are not eligible for the Referral Reward program.
- This offer cannot be combined with any other offer.
- 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
Please do not share your referrals in the comments below, you can share them in this linked post instead.
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
