If you are interested in a new banking experience, Democracy Federal Credit Union is offering residents of Virginia, Maryland, and Washington D.C a $50 bonus for you and a friend when they apply and open both a Savings and a Checking Account before December 31, 2017. To get started, be sure to complete the referral form. Once you have done so, be sure that your friend creates a Share Savings account with a minimum opening deposit of $5 and a Checking Account. After your friend has met all the account requirements, you will receive a generous bonus from the bank. Additionally, your friend will have access to a host of account features that comes with their new experience. How great is that? However, if you are interested, I recommend you apply while the offer is still valid!
Editor’s Note: To be eligible for this promotion, you just live, work, worship, or attend school in most areas of the City of Alexandria, Arlington, Fairfax Counties, Prince George’s and Montgomery Counties, and all of Washington, D.C. You may also qualify if you are an employee of qualifying select employer groups. For more information, be sure to check out their Membership Requirements.
VIRGINIA – Most areas of the City of Alexandria, Arlington and Fairfax Counties
MARYLAND – Most areas of Prince George’s and Montgomery Counties
WASHINGTON, D.C. – All areas of the City
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Democracy Federal Credit Union Account Summary:
- Refer Now
- Account Type: Share Savings and Checking Account
- Referrer Bonus(You): $50
- Referral Recipient Bonus(Your friend): $50
- Availability: VA, MD, DC (Bank Locator)
- Expiration Date: 12/31/2017
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Credit Card Funding: Unknown, Let us know!
- Direct Deposit Requirement: None listed
- Additional Requirements: See Below
- Avoid Monthly Fee: There are no monthly service fees
- Early Termination Fee: Check with CSR for more information
Democracy Federal Credit Union Bonus Requirements:
- Complete the referral form online before December 31, 2017
- If your friend qualifies, have them apply to be a member with a $10 membership fee
- Have your friend open a Share Savings account with a minimum opening deposit of $5 and a Checking account
- The $50 bonus will be credited to your accounts with 60 days of meeting the account requirements
Democracy Federal Credit Union Fine Print:
- Referrer:
- Download and complete the referral form to give to your friends and family members
- The $50 bonus will be credited to your account within 60 days when your friend completes the requirements
- Referral:
- Bring the referral form to your nearest Democracy Federal Credit Union
- Join the credit union for the membership fee of $10
- Open a Share Savings account with a minimum opening deposit of $5 and a Checking account
- The $50 bonus will be credited to your account within 60 days when you complete the requirements
Refer Our Readers:
If you are interested in opening both a savings and checking account with Democracy Federal Credit Union, please feel free to leave a comment in the comments section of this post to exchange referrals with other banking customers. Don’t forget to let us know if it’s a hard or soft pull when opening a checking account with Democracy Federal Credit Union and let us know if they allow you to fund your account with a credit card!
Conclusion:
Democracy Federal Credit Union is offering an easy way for their current members to earn a generous bonus when they introduce their friend to join the credit union. The only requirement is to have your friend meet a few simple requirements. However, the referring member must meet the eligibility requirements in order for you to receive the bonus. At the end of the day, if you are not interested, then definitely check out our complete list of Bank Referrals for all your banking needs!