Take advantage of the latest Monterra Credit Union bonuses, promotions and offers here.
Currently, Monterra Credit Union is offering $150 bonuses by opening a checking account and completing the requirements!
Update 3/18/24: San Mateo Credit Union is now Monterra Credit Union and now offering a $150 checking bonus.
Monterra Credit Union Bonuses Review
Eligibility: Membership in Monterra Credit Union is open to those who live, work or attend school in San Mateo County, the City of Palo Alto or select areas of San Francisco. Membership is open to employees of companies that belongs to the Golden Gate Better Business Bureau or one of the 15 Chambers of Commerce within San Mateo County. See current membership details |
Monterra Credit Union $150 Checking Bonus
Earn a $150 bonus from Monterra Credit Union when you open a new Account.
- What you’ll get: $150 Bonus
- Eligible account: Checking
- Where it’s available: CA (Branch Locator)
- Credit Inquiry: Soft Pull or Hard Pull
- Direct Deposit Required: Yes
- Monthly Fee: None
- How to earn it:
- Earn up to a $150 cash bonus when you open a new Premium Checking account
- Earn $50 for each of these requirements in the first calendar month after opening:
- Earn $50 when making 10 or more debit card transactions monthly.
- Earn $50 by having at least one monthly direct deposit, payroll deposit, or ACH transfer.
- Earn $50 by selecting eStatements each month.
(Expires 04/30/2024)
U.S. Bank Smartly® Checking ($400 Cash Bonus) | Truist Checking ($400 bonus) |
Chase Total Checking ($300 Bonus) | KeyBank Checking ($200 bonus) |
Bank of America Checking ($200 Bonus Offer) | Fifth Third Bank Checking ($325 Bonus) |
Axos Bank Rewards Checking ($300 Bonus) |
Fine Print
- To earn a $50 cash bonus for each requirement, open a new Monterra Credit Union Premium Checking account and complete the following steps within the full calendar month following after account opening: Make 10 or more debit card transactions monthly, have at least one (1) monthly direct deposit, payroll deposit, or external ACH transfer and select to receive eStatements.
- For joint accounts, combined purchases and payments from multiple debit cards will count toward the requirement.
- Offer not available for existing Monterra members with an open Premium Checking account as of 2/25/24.
- Limit one bonus eligible checking account per individual membership.
- Cash bonus will be paid within 31 days after the qualification period ends and the account must have a positive balance at payout.
- Monterra will classify the bonus as interest. Any applicable taxes are the account holder’s responsibility.
How to Waive Monthly Fees
- Premium Checking: No monthly fees
- Free Checking & Student Checking: No monthly fees
- Business Checking: $15.00 monthly waived if an average daily balance of $4,000 is maintained.
- Business Basic Checking: $7.50
- Nonprofit Business Checking: No monthly fees
Conclusion
Monterra Credit Union is offering a decent bonus. They also offer online and digital banking, so you’ll be able to access your money anywhere at anytime! You can have peace of mind knowing your money is insured by the NCUA.
Feel free to comment on this post with any questions you may have about Monterra Credit Union, their accounts they offer, or any experiences you have had!
While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.
Check back often for more Monterra Credit Union Bonuses, Promotions, or Offers!