(Select counties in VA and MD,) SkyPoint Federal Credit Union $100 Referral Check Bonus, Direct Deposit not required

Offer at a glance

• Maximum bonus amount: 100 dollars
• Availability:
  • Alexandria, VA
  • Arlington County, VA
  • District of Columbia
  • Falls Church, VA
  • Frederick County, MD
  • Montgomery County, MD
• Direct deposit required: No.
• Additional requirements: Deposit $5 into Stock Savings
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card financing: Unknown
• Monthly fees: ANY
• Early account closure fee: Loss of bonus, six months
• Family boundary: None listed
• Expiration date: None listed

Offers

Direct link to the offer

• SkyPoint Federal Credit Union offers a $100 referral bonus to both parties. New user must deposit at least $5 in stock savings

Fine Press

• Refer a new SkyPoint FCU member and both you and the member you referred will earn $100 when they open a checking account.
• All new accounts must meet membership eligibility requirements and account opening verification requirements.
• The referring member’s account must be in good standing.
• A referring member can receive multiple incentives for referring new members (5 new members) who meet the membership criteria, up to $500 in incentives per calendar year.
• Referral incentive will be posted between day 91-120 after account opening.
• Incentives will be deposited into the member’s savings account, please see Annual Percentage Rate (APY) savings rates. APY is subject to change.
• Must submit referral code at time of account opening.
• Incentives are reportable to the IRS.
• Penalty for early closure: if the referred account is closed within 6 months of opening, the incentives paid will be deducted from the available balance.
• Must be 18 years or older to qualify.
• New members must deposit $5 in Stock Savings at account opening, but there are no other account opening or account minimum requirements for this promotion.
• All bank account bonuses are treated as income/interest and as such you must pay tax on them

Avoidance of fees

Monthly fees

This account has no monthly fees to worry about.

Early account termination fee

Bonus forfeited if closed within six months

Our verdict

The bonus seems very easy, even better if you can refer some people. Feel free to share your recommendations in the comments below.

Hat tip to the reader Shawntheshawn

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