Find an updated list of CapEd Credit Union bonuses, promotions, and offers here.
Update 4/16/24: The rate for the high yield checking account increased to 4.75% APY (from 2.00%). There is also a $100 checking bonus you can apply for! If you’d like to earn a higher rate with no limits, we recommend the Western Alliance Bank High-Yield Savings Premier account.
CapEd Credit Union Bonuses Review
CapEd has a rich history of serving their members. They started in 1936, and since has had an 83-year long legacy of supporting education with a strong team of leaders. They have locations in Idaho and have almost 80,000 members at 12 locations.
Eligibility: Membership in CapEd Credit Union is open to anyone who joins the Idaho CapEd Foundation with a one-time $20 membership fee. Employees, retirees, volunteers, and students of a public, private, or parochial school in any of the following also qualify: Idaho counties of Ada, Adams, Blaine, Boise, Camas, Canyon, Elmore, Gem, Gooding, Jerome, Lincoln, Owyhee, Payette, Twin Falls (limited), Valley, or Washington. Immediate family members of current Cap Ed members or anyone who meets membership qualification are welcome to apply.See current membership details |
I’ll go over all CapEd Credit Union bonuses & offers below.
CapEd Credit Union $100 Checking Bonus
CapEd Credit Union is offering a $100 bonus when you open a new checking account. The credit union will also donate $100 to an Idaho school of your choice.
- What you’ll get: $100 Bonus
- Eligible account: High Yield Checking Account
- Where it’s available: Nationwide. Branches in ID. Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required:
- Monthly Fee: None
- How to earn it:
- Have a monthly direct deposit
- Enroll in CapEd eBanking and eStatements
- Have at least 12 debit card purchases
(Limited time offer)
Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
Bank of America Checking ($300 Bonus Offer) | Truist Checking ($400 bonus) |
SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- To receive your $100 deposit and give $100 to your selected School District/Foundation, earn the 4.75% APY on balances up to $10,000, and get the ATM fee refunds, you must meet qualifications in any of the first three full qualification cycles after your account is opened.
- To meet qualifications, 12 debit card transactions must post and settle to the account during the qualification cycle; at least one direct deposit or automatic payment must post and settle this account during the qualification cycle; and, be enrolled in and agree to receive eStatement notices.
How To Waive Monthly Fees
- Good For Me Checking: None
- High Yield Checking: None
- Money Market Checking: $18 monthly fees, waived if the balance falls below $2,500
- Savings Account: None
- Business Savings: $10, waived with a minimum daily balance of $1,000
- Business Checking: $10, waived with a minimum daily balance of $1,000
![]() |
![]() |
Conclusion
If you are looking to start a new banking experience with CapEd Credit Union, this offer is for you. It’s nice knowing there are no monthly fees to worry about and that the offer triggers a soft pull. However, for most readers, this offer is unavailable to most since it’s a smaller credit union in only one state.
CapEd Credit Union doesn’t have great rates for CDs and Savings, so check our best rates Savings, Money Market, and CD accounts.
If you’re not local the state of Idaho, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Feel free to leave a comment below if you have experience with this credit union! Your feedback is highly appreciated and makes our site even better!
Check back often for more CapEd Credit Union Bonuses, Promotions, or Offers!