(NY, FL) Teachers Federal Credit Union $600 + $100 Referral Check Bonus

Update 5/27/26: The bonus is now $100 per month for a total of $600. You can also get extra $100 through referral, find and share referrals here.

Update 1/5/26: The bonus is now good through 3/31/26, but only $50 per month for $300 total.

Update 8/30/25: The deal has been reinstated without listing an end date. Some speculation that they automatically deny someone who is not in a branch state (NY, FL?). Hats off to him Bank Bonus is my religion

There’s a $600 check bonus using code TAMPA600 in-branch at the Tampa Westshore Branch

Update 3/18/25: Offer back until JOIN25. Hats off to him knuds1b

Update 12/10/24: Offer is back and valid until 12/31/2024. Some speculation that they automatically deny someone who is not in a branch state (NY, FL?). Hats off to him Lottery

Offer at a glance

• Maximum bonus amount: 300 dollars
• Availability: On a national scale
• Direct deposit required: Yes, $1,000+ for four months
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: yes
• Credit card financing: ANY
• Monthly fees: ANY
• Early account closure fee: None mentioned
• Family boundary: None mentioned
• Expiration date:

Offers

Direct link to the offer

• Teachers Federal Credit Union offers a $300 bonus when you open a new checking account. The bonus is divided as follows, use the promo code SMART600 and sign up for eStatements and online banking:
  • Earn 100 dollars per month up to 6 months by fulfilling the following requirements
    • Open a new Teacher checking account
    • Take at least 1000 dollars in monthly direct deposits

Fine Press

• Direct Deposit and Debit Card Cashback Offer: Earn up to $300 in bonus cash. 1) Direct Deposit Offer: Up to $200 cash bonus will be earned by opening a new Teacher checking account and receiving qualifying direct deposits totaling at least $1,000 each monthly statement cycle (“Evaluation Period”) for four consecutive Evaluation Periods. Qualified direct deposits are defined as an ACH/electronic payroll deposit(s) from your employer, pensions or government benefits, such as Social Security.
• Deposit(s) that are not eligible for this promotion include, but are not limited to: external ACH transfers, any Peer-to-Peer (“P2P”) transfers such as from Venmo, PayPal, Cash App, Zelle®, merchant or credit transactions at the point of sale, such as, but not limited to: transactions from PayPal, checks, Stripe, etc. transfers, ATM transfers and online and mobile bank transfers.
• Micro-deposits and/or deposits used to verify accounts do not qualify.
• A maximum cash bonus of $200 will be earned and deposited in $50 increments after each Evaluation Period in which $1,000 in qualifying direct deposits are posted to the new Teachers checking account.
• No bonus will be paid for qualified direct deposits totaling less than $1,000 during any Evaluation Period.
• Direct deposit(s) must begin before the start of the second Valuation Period.
• Any member who fails to meet the minimum requirements and/or discontinues their direct deposit(s) during or before four consecutive Evaluation Periods will no longer be eligible to receive any additional bonus during the promotion. 2)
• Debit Card Cash Back Offer: Up to $100 bonus cash will be earned by opening a new Teachers checking account with a Teachers debit card linked to that account. Members will earn 2.00% cash back on the first $500 of qualifying debit card purchases and 3.00% cash back on the next $500 of qualifying purchases. A maximum bonus of up to $25 in cashback can be earned each Evaluation Period. Qualifying Debit Card purchases do not include and may not be limited to: ATM/Point of Sale cashback transactions, P2P payments, credit payments, account funding, refunds, and disputed or unauthorized transactions.
• For accounts opened online, you must use offer code JOIN2023 to qualify.
• Additional Program Guidelines/Restrictions: Offers through 07/12/2023.
• These offers are only available to new members.
• All bank account bonuses are treated as income/interest and as such you must pay tax on them

Avoidance of fees

Monthly fees

Both Smart Check and Check Draft Distribution accounts are eligible for this offer. Neither account has monthly fees to worry about.

Early account termination fee

ANY

Referral bonus

You can currently get an extra $100 bonus when you use a referral link (just remember to add the code JOIN600 to activate the standard offer). You must complete 10 more debit card transactions to qualify for the referral bonus.

The terms specifically state these offer bundles: “This offer can be combined with the Refer-a-Friend promotion”. You can find and share referrals in this related postdon’t share them in the comments below.

Our verdict

People had a lot of problems with the $400 check bonus. That bonus was better, but I doubt we’ll see anything this good again. I would recommend reading the reviews to see if you want to deal with this bank before signing up.

Hats off to him Bockrr

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