New members can earn up to a $400 cash bonus

 

$300
Direct Deposit Offer
Direct Deposit Spend Offer
  1. Open a new Teachers checking account.
  2. Have direct deposits totaling at least $2,500 within 60 days.
AND
 
OR
$100
Direct Card Spend Offer
Debit Card Spend Offer
  1. Open a new Teachers checking account with a debit card.
  2. Spend $500 in debit card purchases within 60 days.

 

Enroll in Online Banking and e-Statements

Learn More

New student members can earn a $100 cash bonus

 

$100
Student Offer
Student Offer
  1. Open a new Teachers checking account with a debit card.
  2. Make 20 debit card purchases within 60 days.

 

Enroll in Online Banking and e-Statements

Learn More

Offer Details/Disclosures

Direct Deposit & Debit Card Spend Offers: Earn up to $400 in cash bonuses. These combined offers are available to new members only. Non-member joint account holders are not eligible. 1) Direct Deposit Offer: The $300 cash bonus will be earned by opening a new Teachers checking account and receiving qualifying direct deposits totaling at least $2,500.00 within the first three monthly statement cycles after account opening. Qualifying direct deposits include payroll or government benefits. Transactions that will not count toward direct deposits include external transfers, point of sale credits and in-person check or cash deposits, wire transfers, ATM transfers, and Online and Mobile Banking transfers. 2) Debit Card Spend Offer: The $100 cash bonus will be earned by opening a new Teachers checking account and making $500 in eligible purchases using the Teachers debit card linked to that account. The $500 must be spent within the first three monthly statement cycles in order to qualify. Qualifying debit card purchases do not include: ATM transactions, cash-back, Peer-to-Peer (“P2P”) payments, loan payments, account funding and disputed or unauthorized transactions. Business and trust accounts are not eligible. These offers may be combined with the Refer-a-Friend promotion. 

Additional Program Guidelines/Restrictions: The promotional period is from 4/21/2022 through 12/31/2022. All account applications are subject to approval. A new Smart Checking, Share Draft Checking, or Young Professional Checking account must be opened to be eligible. Eligibility for these offers will also require enrollment in Online Banking and eStatements. All cash bonuses will be deposited to the primary member’s Regular Savings account within 30 days after all conditions are met but no sooner than the start of the third monthly statement cycle. Direct deposits and debit card transactions must post and clear in the new checking account during the monthly statement cycles defined in this promotion. The checking account must be open and in good standing with a balance greater than $0.00 in order to be eligible for the cash bonus. These offers are limited to one per primary member. For accounts opened online, you must use offer code OFFER400 to be eligible. Teachers Federal Credit Union reserves the right to modify or discontinue this offer at any time. We also reserve the right to rescind any cash bonus paid if there is a violation of the terms, requirements and/or promotional guidelines of these offers. The cash bonus earned will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Membership at Teachers is required by opening a minimum $1.00 Regular Savings account. 

Student Offer: Students can earn a $100 cash bonus by opening a new Smart Checking, Share Draft Checking, or Young Professional Checking account and using their Teachers debit card to make 20 qualifying purchases within the first three monthly statement cycles in order to qualify. The debit card purchases must post and clear the account in order to count towards the spend requirements. This offer is available to new members only. Non-member joint account holders are not eligible. A high school or college identification is required to open the Teachers checking account and be eligible for this offer. Members under the age of 18 must open the account with a parent or guardian as a joint account holder. Business and trust accounts are not eligible. This offer may be combined with the Refer-a-Friend promotion. 

Additional Program Guidelines/Restrictions: The promotional period is from 4/21/2022 through 12/31/2022. All account applications are subject to approval. Eligibility for these offers will also require enrollment in Online Banking and eStatements. The cash bonus will be deposited to the primary member’s Regular Savings account within 30 days after all conditions are met but no sooner than the start of the third monthly statement cycle. Checking accounts must be open and in good standing with a balance greater than $0.00 in order to be eligible for the cash bonus. These offers are limited to one per primary member. For accounts opened online, you must use offer code STUDENT22 to be eligible. Teachers Federal Credit Union reserves the right to modify or discontinue this offer at any time. We also reserve the right to rescind any cash bonus paid if there is a violation of the terms, requirements and/or promotional guidelines of these offers. The cash bonus earned will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Membership at Teachers is required by opening a minimum $1.00 Regular Savings account.


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