Find an updated list of Logix Federal Credit Union promotions, bonuses and offers here.
Typically, they offer a $150 bonus when you open a new account and meet all the requirements.
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Logix Federal Credit Union Review
Established in 1937, Logix Federal Credit Union believe in bringing peace of mind to their members for their financial future. Additionally, they have a long history of high ratings for financial strength.
- Availability: CA (Bank Locator)
- Credit Inquiry: Hard Pull
- Direct Deposit Options: Many Options.
| Eligibility: Logix Federal Credit Union is open to residents of Arizona, California, the District of Columbia, Massachusetts, Maryland. Additionally, membership is also extended to residents of Maine, New Hampshire, Nevada, and Virginia. |
Although they have a generous $150 bonus, Logix Federal Credit Union doesn’t have great rates for CDs and Savings. Consequently, you may want to check out our full list of Best Bank Rates and CD Rates.
I’ll review the $150 offer below.
Logix Federal Credit Union $150 Checking Bonus
Logix Federal Credit Union is offering a $150 bonus when you open a new qualifying checking account. However, be sure to read the monthly fee waiver requirements to waive your monthly fee.
- What you’ll get: $150 Bonus
- Eligible account: Checking
- Where it’s available: CA
(No Expiration Date)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
How To Earn the $150 Bonus
- Simply bring this coupon into the branch when you open a new checking account with Logix Federal CU.
- Your $150 bonus will be distributed as follows: Open checking with $250, receive $50 next day into the account, Sign up for direct deposit within 60 days, receive $50, and Pay 3 bills via web bill pay of $50 or more, receive $50.
- Bonus will be deposited to your checking account within 30 days of required activity.
- Bonus will be deposited to your checking account within 30 days of required activity.
- Bonus amounts are taxable.
- Current Logix checking accounts are excluded from this offer.
- This offer is valid for first time members only or existing member households which have never had a Logix Checking Account.
- Additionally, new accounts must be open in person at a Logix FCU branch location to take advantage of this offer.
How to Waive Monthly Fees
- Advantage Checking: Have a Direct Deposit of $250 or more, maintain a daily checking balance of $750, or be a Gold/Platinum level of Relationship Rewards to avoid the $5.95 fee. OR reduce the fee to $3.95 with e-Statements.
- Premier Checking: Maintain a daily checking balance of $2,500 or be a Gold/Platinum level of Relationship Rewards to avoid the $8.95 fee. OR reduce the fee to $6.95 with e-Statements.
- High Rate Checking: Maintain a daily balance of $20,000 or be a Gold/Platinum level of Relationship Rewards to avoid the $12.95 fee. OR reduce the fee to $10.95 with e-Statements.
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Conclusion
Lastly, Logix Federal Credit Union is a great financial institution to get started with. Additionally, when you open your first account, they’ll provide you with a free box of checks and be part of their rewards program. However, be sure to read the monthly waiver requirements in order to waive the monthly fee.
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*Lastly, check back at this page for updated Logix Federal Credit Union promotions, bonuses and offers.
As an update to this deal, you don’t need a promo code and don’t have to join the American Consumer Council but you must visit a branch to open the account. You get $50 for opening an account, you get $50 for making three bill pays and you get $50 for setting up a direct deposit of $250 or more.
You get paid the bonus as you complete each of the three requirements; however, you don’t need to complete all three, you can just complete any one or a combination of the three to get a bonus. If you just open an account, get the $50 bonus the next day. Make three bill pays, get another $50 bonus when you complete that. Don’t want to setup a direct deposit, then you can stop there and keep your $100 bonus (or setup a direct deposit and get $50 without making any bill pays to make the $100).
They do a hard pull of your credit and there is a monthly service fee of $2.95 but it is waived when you sign up for e-statements. Something that isn’t obvious on the website that I found out when opening the account, you have to keep a minimum balance of $500 between your accounts after the first six months in order to avoid a low balance fee of $5 if you keep the account that long.
Overall it is an easy way to get an extra $50, $100 or $150.
Another bit of news about this deal, they count an ACH transfer from another bank as a direct deposit to get that $50 bonus. I used Santander and it counted.