Find an updated list of Freedom Federal Credit Union bonuses, promotions, and offers here.
Update 4/23/24: There is now a $50 bonus available per person your refer to open a new checking account. The referred party will also earn a $50 bonus.
Freedom Federal Credit Union Bonuses Review
Freedom Federal Credit Union offers financial opportunity, choice and value while building relationships that provide a memorable experience in the lives of their members and the community they serve. They are headquartered in Maryland and was established in 1953. There are 5 branch locations located throughout the state.
I’ll go over all Freedom FCU offers below.
Freedom Federal Credit Union $200 Checking Bonus
- What you’ll get: $200 Bonus
- Eligible account: Business or Checking Account
- Where it’s available: MD
- Direct Deposit Required: Yes
- Monthly Fees: None
- How to earn it:
- $100 bonus will be issued when a new Freedom Business Banking membership is established along with a new Business Checking Account and you make a $100 deposit
- $100 bonus will be issued when a new Freedom Retail/Consumer membership is established along with a new retail Checking Account and you make a $100 deposit
(Does Not Expire)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Get a .25% rate reduction on select loans when you meet criteria
- Access to free educational seminars offered exclusively for HCAR members
- Bonus Skip-A-Pay opportunity on eligible loans
- If the $100 deposit is not made within 90 days of account opening, the bonus will be withdrawn.
- Experience the value of Freedom’s REALTOR® Advantage program
Freedom Federal Credit Union $100 Checking Bonus
- What you’ll get: $100 Bonus
- Eligible account: Checking account
- Where it’s available: MD (Bank Locator)
- Credit Inquiry: Unknown
- Direct Deposit Required: Yes
- Monthly Fees: None
- How to earn it:
- Open a Checking Account.
- Make a direct deposit of at least $50 for every pay period
(Limited time offer)
Editor’s Note: If you are a part of the Freedom at Work Program, you can also take advantage of this separate $100 checking bonus link. However, the same requirements and fine print must be met.
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Freedom branch ATMs an dother locations will have in-network features like MoneyPass and specific Baltimore area credit unions.
- Freedom Federal Credit Union does not have any control over fees that can be charged from other financial businesses or third party services, or ATM owners.
- Empower Checking is the high yield checking account. It comes with a high dividend rate for members that meet their requirements every month.
- Check out High Rate Checking account to see more information.
- All rates can be subject to change without warning.
Freedom Federal Credit Union $100 Business Checking Bonus
- What you’ll get: $100 Bonus
- Eligible account: Business Checking account
- Where it’s available: MD
- Direct Deposit Required: Yes
- Monthly Fees: None
- How to earn it:
- Open a new Freedom Business Banking membership is established along with a new Business Checking Account and you make a $100 deposit.
- This offer is available only to members of Harford County Association of REALTORS (HCAR).
(No expiration date)
| Chase Business Checking ($300 or $500 Bonus) | Axos Business Premium Savings ($375 Bonus) |
| Axos Bank Basic Business Checking ($400 Bonus) | Axos Bank Business Interest Checking ($400 Bonus) |
| Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
| Bluevine Business Checking ($300 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
Fine Print
- If the $100 deposit is not made within 90 days of account opening, the bonus will be withdrawn.
- Bonus is placed on hold until deposit is made.
- NCUA Insured.
Freedom Federal Credit Union $50 Referral Bonus
- What you’ll get: $50 Bonus
- Eligible account: Checking Account
- Where it’s available: MD
- Direct Deposit Required: No
- Monthly Fees: None
- How to earn it:
- Complete and submit the referral form.
- Your friend will receive an email invitation to set up their membership and open an Empower Checking account.
- After their new accounts are open, you will each receive $50.
(Limited time offer)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Referred member must not have been a member of Freedom Federal Credit Union within the last 12 months to receive the bonus. Youth and business memberships are excluded and you must be at least 18 years old to receive referral bonus.
- New member must join and open an Empower Checking account within 30 days of referral in order to qualify. Referral bonus will be paid to both parties 90 days after the new membership is opened. The incentive will be deposited into Primary Share accounts.
- You must meet membership eligibility requirements, be of legal contract age, and establish membership at Freedom to qualify. All accounts are subject to our normal approval process. Members and accounts must be in good standing to receive bonuses.
- In the event that more than one member refers the same person we will award the bonus to the first member making the referral. Referred member must be new to Freedom. Each member is limited to 10 referral bonuses per calendar month.
- Bonuses are considered interest and will be reported on IRS form 1099-INT. Fees can reduce earnings on the account. This offer is non-transferable and may be canceled without prior notice. Cannot be combined with any other incentive offer.
- $50 bonus offer effective 3/15/24 and is subject to change at any time. We reserve the right to disqualify any referrals in circumstances where we reasonably believe they were not sent to us in good faith. Freedom Federal Credit Union reserves the right to revise program terms, refuse bonuses or terminate the program at any time upon our discretion. Ask us for details.
How to Avoid Monthly Fees
- Empower Checking: No monthly fees
- Business 100 Checking: No monthly fees
- Business Dividend Checking: Not listed, but ;ow monthly maintenance fee
- Non-Profit Business Checking: No monthly fees
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Conclusion
Overall, when you open a new checking account with Freedom Federal Credit Union, you’ll receive a great bonus as well. The requirements aren’t difficult to meet, and there are lots of perks to make use of. However, if you don’t reside in Maryland, check out other checking bonuses for you.
Freedom Federal Credit Union has decent rates for CDs and Savings, but always check out our best rates for Savings, Money Market, and CD accounts from the links below.
However, if you do not live in Maryland, definitely take a look at 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 comment on this post with any questions you may have about Freedom Federal Credit Union, their accounts they offer, or any experiences you have had!
Check back often for more Freedom Federal Credit Union Bonuses, Promotions, or Offers!
