Check out this PenFed Credit Union promotion for new and existing Premium Online Savings Account holders to get a $150 cash bonus for every $10,000 in new money deposited for up to $50,000 or $750 in total bonus rewards.
Since PenFed Membership is Open to Everyone with no membership fee, anyone in the U.S.A. can join PenFed when you open a savings account with just a $5 initial deposit (no military service is required for membership).
You can establish your PenFed membership with a Premium Online Savings Account, so you only need to open 1 account if you are joining PenFed Credit Union for the first time to qualify for up to $750 in bonus cash.
The Premium Online Savings Account has no monthly maintenance fees, a $5 minimum opening deposit requirement, and you’ll earn a 3% APY on your deposited funds.
Whether you are a new PenFed Credit Union member, an existing member who already has a Premium Online Savings Account, or an existing member who does not have a Premium Online Savings Account, you can earn up to $750 in bonus cash when you add new funds into your account.
This PenFed Credit Union bonus offer for the Premium Online Savings Account is open to everyone, but the offer is limited to 1 bonus and 1 new Premium Online Savings Account per member, so the maximum bonus reward is $750 per member.
Premium Online Savings Bonus for New PenFed Members or Existing Members Opening a New Account
1. If you are a new PenFed member, or an existing member who will be opening a new Premium Online Savings Account, you must visit this New Premium Online Savings Account Promo Link #1 to open your account (there are different promo links for people with different statuses).
2. Open a new PenFed Premium Online Savings Account and fund it with $10,000 or more in new money on or before December 30, 2023.
3. Get a $150 bonus for every $10,000 deposited, for up to $50,000 or $750 in total bonus rewards.
4. You must fund your Premium Online Savings Account from an external account not affiliated with PenFed and keep it funded until April 30, 2024.
5. The new money plus your existing balance must remain in the PenFed Premium Online Savings Account from 12/30/2023 to 4/30/2024 to be eligible for the bonus offer. Your total balances at PenFed must increase by the end of the promo period.
6. The bonus will be paid as a statement credit and included on your consolidated statement within up to 60 days of meeting the qualifications. Your account must stay open and be in good standing when the bonus is credited to your account.
Premium Online Savings Bonus for Existing PenFed Members Who Already Have a Premium Online Savings Account
1. If you are an existing PenFed member who has already opened a Premium Online Savings Account, you must visit this Existing Premium Online Savings Account Promo Link #2 to make a deposit (there are different promo links for people with different statuses).
2. Add funds to your existing PenFed Premium Online Savings Account with new money from an external account not affiliated with PenFed by on or before December 30, 2023.
3. Get a $150 bonus for every $10,000 deposited, for up to $50,000 or $750 in total bonus rewards.
4. You must fund your existing Premium Online Savings Account from an external account not affiliated with PenFed and keep it funded until April 30, 2024.
5. The new money plus your existing balance must remain in the PenFed Premium Online Savings Account from 12/30/2023 to 4/30/2024 to be eligible for the bonus offer. Your total balances at PenFed must increase by the end of the promo period.
6. The bonus will be paid as a statement credit and included on your consolidated statement within up to 60 days of meeting the qualifications. Your account must stay open and be in good standing when the bonus is credited to your account.
If you have at least $10,000 in new money to deposit into a new or existing PenFed Premium Online Savings Account, take advantage of this PenFed Credit Union promotional offer that is available to everyone with free open membership available across the U.S.A.
PenFed Credit Union members may also wish to consider applying for the PenFed Power Cash Rewards Credit Card to earn an extra $100 bonus statement credit.
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Review these top bank account promotions and nationwide credit union new member offers to earn extra sign-up bonuses.
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