Teachers Federal Credit Union will give you $50 in bonus cash when you open a new Teachers personal checking account and meet the qualifications, plus you can earn up to $500 in referral rewards per year for sharing Teachers FCU with your friends and family, and they offer nationwide membership across the U.S.A.
Once you become a member of Teachers Federal Credit Union, you can refer your friends and family, and you’ll both earn a $50 bonus for every referral who meets the qualifications for up to $500 per calendar year.
With open membership available across the U.S.A., anyone can join Teachers Federal Credit Union online to earn $50 in bonus cash and up to $500 in referral rewards per year.
Membership at Teachers Federal Credit Union requires that you open a Regular Savings Account with a minimum of $1 to establish your membership.
Teachers FCU $50 Referral Links to Use
In order to get the $50 referral bonus, you must join via a referral link from a current Teachers member.
Here are some current Teachers FCU referral links:
- Teachers $50 Referral Link #1 – Provided by Dan.
- Your Referral Link Could Go Here – Post it in the below comments.
Please feel free to exchange Teachers Federal Credit Union referral links along with your user experiences in the below comments, so that everybody can take advantage of the extra $50 referral rewards.
Earn $50 Teachers Checking Account Bonus
1. If you want to earn the $50 referral reward, you may join Teachers FCU via this Teachers FCU $50 Referral Link that was provided by our reader Dan.
2. To qualify for the $50 referral bonus, you must perform 10 transactions within 60 calendar days of establishing membership, including debit card purchases, direct deposits, mobile deposits, in-branch deposits, ATM deposits, and Teachers’ Bill Pay transactions.
3. The $50 referral reward will be deposited into your Regular Savings Account within 4 weeks after you meet the qualifications.
Teachers FCU $50 Refer-A-Friend Rewards
Once you join Teachers Federal Credit Union, you can participate in their refer-a-friend program to earn up to $500 in referral bonuses per calendar year.
To access your referral link, log in to your Teacher’s Online Banking platform, and under Additional Services, you should see “Refer a Friend – Get $50!”
When you refer a friend to Teachers FCU, you will both earn a $50 cash bonus once your referral meets the qualifications.
In order to qualify, your referral must open a Teachers personal checking account and perform 10 qualifying transactions within 60 calendar days of establishing membership.
Qualifying transactions include debit card purchases, direct deposits, mobile deposits, in-branch deposits, ATM deposits and Teachers’ Bill Pay transactions.
Once your referral meets the qualifications, you will both receive a $50 bonus deposit into your Regular Savings Accounts within 4 weeks.
You can earn up to $500 in referral rewards per calendar year for referring your friends to join Teachers Federal Credit Union.
Teachers FCU Promotional Features
Here are some extra benefits that you can take advantage of when opening your new membership with Teachers Federal Credit Union:
- Up to $5,000 in Credit Card Funding Available (select “Debit” on the application funding options – also accepts credit cards).
- No Hard Credit Pull for New Applications (does pull ChexSystems, but not inquiry sensitive).
- Teachers FCU Membership is Available Nationwide across the U.S.A.
Teachers Checking Account Options
Share Draft Checking: No opening deposit; no minimum balance; no per check charges; and no monthly fee.
Smart Checking: $0 monthly service fee; up to $15 per month in ATM fee rebates; earn 1.00% APY on balances up to $15,000 with $5,000 average monthly balance, $20,000 in combined end-of-month balances, OR $500 in direct deposits and 10 debit card purchases each month (complete 1 option to qualify each month).
If you want to exchange referral links for Teachers Federal Credit Union, so that everybody can earn $50 in new Teachers checking account bonuses, please feel free to post your referral links and user experiences in the below comments.
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Review these top bank account promotions and nationwide credit union new member offers to earn extra sign-up bonuses.
Arslan Z says
Hi there. Yes it is a little cumbersome to open the account but with little patience you can do it. They just need your driver’s license photos and one document to verify the address such as bill or bank statement.
Here is my link if any reader wants to earn $50.
https://share.teachersfcu.org/choicetwice
Tetra says
Hello MM Team,
Please remove my referral link,
Unfortunately TFCU closed account due to manual review of many accounts opened online.
MM Team says
Hello Tetra, We’ve removed your referral link. Sorry to hear about that, but thank you for the update.
Paul says
To Everyone,
I tried to sign up for this bank but they are extremely cautious of new members. My application was declined due to opening too many bank accounts over the past two years. It has been quite a while since I have run into such a bank. Between that and asking for a bunch of proof of who you are (like Gesa Credit Union), they make entry quite difficult. If you, like me, are looking to take advantage of any and all checking account bonuses, you will have to rule this bank out.
To them, trying different banks is a negative which was always strange to me. What if I end up liking you? Maybe I switch to your bank being my main bank. I do have a few banks that I call home. The rest are very much interchangeable. Again, skip over this bank if you have opened multiple bank accounts/chased bonuses as they will decline you.
– Paul
Dan says
The issue is nearly every one of the thousands of people that opened an account in the last week with TFCU, has opened lots of accounts.
Eric says
Max,
I just found out that Teachers has this clause buried in the fine print of the referral offer. Due to this, please remove my referral link in both places.
8. Bulk Distribution (Spam). Each Referrer is the actual sender of the referral emails and must comply with applicable law. Referrals must be created and distributed in a personal manner that is appropriate and customary for communications with friends, colleagues and family members. By submitting any email address as part of the Program, the Referrer represents that he/she has the appropriate permission and consent. Bulk email distribution, distribution to strangers, or any other use of the services described herein in a manner that is not promoted is expressly prohibited and may be grounds for immediate termination and further legal action. The Credit Union has no obligation to monitor the Program or any communications; however, the Credit Union may choose to do so and block any email messages, remove any such content, or prohibit any use of the Program. Referrers who do not comply with the law, including anti-spam laws, are obligated to indemnify the Program Entities against any liabilities, costs and expenses it incurs as a results of such spam.
MM Team says
Hello Eric,
No problem, I’ve removed your referral links as requested, although I’ve left the great content from your comment, as you provided some good information for others, so I hope you don’t mind about that.
I personally believe that clause is in reference to email spamming through their referral system, and not necessarily posting your referral links online, as they don’t want you to violate anti-spam laws.
They obviously retain the right to reject referrals for any reason, and they could always decide that posting referral links online is not acceptable.
However, to me, that clause is specifically referencing using their email referral system to send out bulk emails (or sending out bulk emails on your own) to unknown recipients who don’t want to receive them and haven’t agreed to be on any recipient list, and not necessarily posting your referral link online.
Usually, when a company restricts posting referral links online, they will specifically indicate that you cannot post your referral link on deal sites, message boards, etc.
It’s always better to be safe than sorry though if you are worried. Thank you for helping out either way. Best of luck.
Gadget - Bank Bonus Geek says
Thank you for being a voice of reason!
Eric says
Thank you. I don’t mind you leaving the rest of my comment. Most, if not all, of our accounts have been locked. I’m not sure if you are aware of that.
It could very well have nothing to do with this clause at all but like you wrote, I’d rather be safe than sorry although it might already be too late for that. I guess we will see.
BTW, is there a way for you to enable subscribing to new comments that come into a post? If so, please enable that. It would be very useful for someone like me.
Tetra says
Nice bonus with $5000 CC funding – Bank of America Premium Rewards will net this “purchase” 2.625% with Preferred Rewards.
Dan says
If anyone needs a referral link for an extra $50 ($450 total with the bonus) here is mine:
https://share.teachersfcu.org/danregan23
Eric says
I opened this account successfully 2 days ago using a referral link. It is clear in the $400 offer terms that the $400 offer CAN be combined with the $50 referral bonus. You need to enter your email address on the referral link and it will confirm your eligibility. Then you should proceed to open the checking account.
I opened the Smart Checking account as it has a $0 monthly fee so there’s not much to lose with that. I was able to sign up for online banking and get my own referral link immediately after getting approved.
There is a 2 minute time limit on the Chex-style questions. I didn’t notice this and got timed out of the application as they asked me the # of the address I lived at many years ago. I then just applied again and was asked the same question.
I must have remembered correctly as my application went through fine. I funded with $4700 using my Bank of America Cash Rewards card. I have heard from others that the maximum allowed is $5K. The charge was declined but fortunately, Teachers FCU let me try again after I clicked on Bank of America’s fraud email. It then went through.
My Cash Rewards purchase counted as “online” so it’s a nice amount of CB.
Make sure to enter the promo code “OFFER400”. The promo code box is near the end if the application before the funding section.