First Tech FCU: Grab Up to $800 Bonus with New Checking!

First Tech Federal Credit Union is offering a lucrative promotion for new members: up to $800 in cash rewards when opening a new checking account. This nationwide offer requires an $8 membership fee but presents a significant opportunity for those willing to meet the requirements. The bonus is structured in three parts. First, you can earn $50 or $300 by setting up direct deposit. A single direct deposit of $1,000-$5,000 earns $50, while deposits exceeding $5,000 yield $300. The direct deposit must be new (no activity in the last 18 months) and three deposits are needed within 90 days of enrollment. Second, you can earn $150 or $300 by transferring funds. Depositing $10,000-$20,000 into a First Tech Rewards Checking or Savings account within 30 days earns $150; over $20,000 earns $300. The average daily balance must meet the minimum for 90 days after the initial deposit. Finally, you can earn up to $200 in cashback. This is a 5% reward on debit card purchases up to a maximum of $4,000 in spending. These purchases must be made within 30 days of enrollment. The promotion is available to new members only, requires a soft credit pull, and excludes First Tech employees. The checking account itself is fee-free, making this a potentially rewarding opportunity for those who can meet the deposit and spending requirements. The offer details are available on the First Tech website, and the credit union emphasizes the need for new members to become familiar with the program's terms and conditions to fully utilize this bonus opportunity. Note: The $800 maximum bonus is attainable by meeting all three requirements of the promotion.

(Source: https://dannydealguru.com/first-tech-fcu-800-bonus/)