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[DE, PA & NJ only] Sun East Federal Credit Union $150 Referral Checking Bonus – Doctor Of Credit

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Offer at a glance

  • Maximum bonus amount:
  • Availability: DE, PA and NJ only. Might be nationwide with $10 donation but lots of accounts were not approved last time.
  • Direct deposit required: Yes, no minimum specified
  • Additional requirements:See below
  • Hard/soft pull: Soft
  • ChexSystemsYes
  • Credit card funding: $550
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None listed
  • Expiration date: None listed

The Offer

Direct link to offer

  • Sun East Federal Credit Union is offering a $150 referral bonus to both parties when the new customer completes the following requirements:
    • open a checking account,
    • establish direct deposit, and conduct at least 1 direct deposit transaction into the checking account within 45 days of account activation
    • deposit a minimum of $250 within 45 days of account activation and have $250 in the account on day 45

The Fine Print

  • To be eligible for the program an Advocate must be a Sun East member in good standing, as defined in our bylaws, having a principal residence in Delaware, Maryland, New Jersey, or Pennsylvania, and has been a member for at least 6 months. 
  • The referred new member or Friend must remain in good standing for 45 days from the date of account opening. A Friend must also: 1) meet the residency requirements; 2) open a checking account, establish direct deposit, and conduct at least 1 direct deposit transaction into the checking account within 45 days of account activation; and 3) deposit a minimum of $250 within 45 days of account activation and have $250 in the account on day 45. Internal account transfers (transfers between accounts held by Sun East) are not eligible to meet the checking account minimum. 
  • Existing primary members/Advocates and joint owners on such accounts who open new accounts do not qualify as Friends and will not receive a referral bonus. Former members may qualify as a Friend if their account was closed for at least 6 months before the date of reopening. 
  • Once a Friend is referred by an Advocate, no other members may refer that same Friend. 
  • Members who open accounts by fraudulent, suspicious, or illegal means, or who make referrals or open accounts in a manner not consistent with the spirit or intent of the Program, as determined in our sole discretion, are not eligible to participate and referral bonuses will be denied. 
  • A valid referral for the reward bonus requires:
    • Advocate must remain in good standing for the 45 days of Friend’s account opening;
    • Friend must complete the Sun East membership application by accessing it through the Advocate’s personal link; and
    • Friend must be approved for membership, meet the residency requirements, and account requirements as disclosed.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Previously there was a $300 checking bonus. Feel free to share your referrals in the comments below. Anyone can join Sun East credit union with a $10 donation to the Sun East Foundation if they don’t meet the local criteria. A lot of people were denied when there was a high yield account offer.

Hat tip to reader Phil P

Useful posts regarding bank bonuses:

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William Charles

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