KeyPoint Credit Union Bonuses: $300, $500 Checking, Business, Referral Promotions (CA)

Find the most up to date KeyPoint Credit Union promotions, bonuses, and offers for checking accounts here.

Update 4/21/25: We’ve added a $500 business checking bonus that’s valid for a limited time. The referral bonus has increased to $300 (from $50) per person you refer; the person referred can also earn up to $500.

KeyPoint Credit Union Review

KeyPoint Credit Union is headquartered in Santa Clara, California, and was established in 1979. Since then they have grown to 8 locations and offer money market rates that are many times the national average.

I’ll go over all KeyPoint Credit Union offers below.

KeyPoint Credit Union $300 Referral Bonus

• What you’ll get:
  • Referrer earns $300 bonus
  • Referee / Person being referred earns up to $500
• Eligible account: Checking
• Availability: CA
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0-$17; waivable
• How to earn it:
  • Get up to $300 for yourself and up to $500 for your friend using the promo code “RAF25“.
  • Checking account: When they open and set up direct deposit of at least $1,000, you’ll get $100, and they’ll get $300.
  • 5-Month or 12-Month Certificate: When they open with at least $25,000 of new money, you’ll both get $100.
  • Auto or Personal Loan: When the loan is funded, you’ll both get another $100.

(Limited time offer)

Fine Print

• Offers may be canceled at any time. General eligibility requirements: (1) KeyPoint Credit Union membership required; (2) only funds not already on deposit with KeyPoint (“new money”) count towards bonus eligibility; (3) referred Member must provide promo code “RAF25” and referring Member’s name at account opening. Referring Member may receive one $100 bonus for each bonus-eligible KeyPoint service a referred Member opens for a maximum of $300. Referred Member may receive up to $500 by meeting each bonus’s eligibility requirements; referred Member cannot open the same account multiple times for additional bonuses. 1Checking bonus: Referred Member must (1) not have an account or loan with KeyPoint in the previous two years, (2) open a KeyPoint checking account with at least $10, (3) establish minimum $1,000 recurring monthly direct deposit to KeyPoint from net pay, pension, or retirement benefit and (4) have first direct deposit post within 60 days of account opening. Referring Member will get $100 90 days after account opening if eligibility requirements are met. Referred Member receives bonus of up to $300 in six monthly $50 installments, one for each consecutive month account receives at least $1,000 by direct deposit. Disruption of direct deposit during first six months will terminate bonus payments.
• Recurring transfers or deposits from other sources, such as other accounts at KeyPoint or accounts at other institutions, do not qualify. Not available for Kids Checking or Student Checking. 2Certificate bonus: $100 paid to referring and referred Members 30 days after opening of qualified KeyPoint certificate. Certificates may be subject to early withdrawal penalties. 3Loan bonus: Referred Member must apply, be approved for, and fund either a new KeyPoint auto loan ($10,000 minimum) or personal loan ($5,000 minimum; include debt consolidation and signature home improvement loans). Refinances of existing KeyPoint debt are not eligible. All loans subject to credit approval. Bonuses paid 30 days after loan funding. ADDITIONAL INFORMATION. (1) Offers cannot be combined with other promotions. (2) KeyPoint employees and officials and their immediate families cannot participate. Other restrictions may apply. (3) Taxes on bonuses, if any, are the recipient’s responsibility. KeyPoint complies with federal and state tax reporting laws.

KeyPoint Credit Union $500 Business Checking Bonus

• What you’ll get: $500 Bonus
• Eligible account: Checking Account
• Availability: CA (Branch Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0-$17; waivable
• How to earn it:
  • Open a KeyPoint Elite Business Checking with promo code BUS25
  • To qualify for bonus, Business Member must
    • (a) maintain minimum average daily balance of $2,000 for 90 days following account opening date and
    • (b) use account business debit card to make a minimum of 20 POS purchases of at least $5.00 within 90 days following account opening date.
      • Deposits, Payments, Returns, and Miscellaneous transactions do not count toward the required purchases.
  • $500 bonus credited to checking account within 90 days of meeting requirements.

(Limited time offer)

Fine Print

• Offer may be cancelled at any time. May not be combined with any other promotion. KeyPoint Membership required.
• To qualify for bonus, Business Member must (a) maintain minimum average daily balance of $2,000 for 90 days following account opening date and (b) use account business debit card to make a minimum of 20 POS purchases of at least $5.00 within 90 days following account opening date. Deposits, Payments, Returns, and Miscellaneous transactions do not count toward the required purchases.
• $500 bonus credited to checking account within 90 days of meeting requirements.
• Offer good for new Business Members only—former Business Members who closed an account within two years of new account open date are not eligible for bonus.
• KeyPoint officials and employees are not eligible.
• Other restrictions may apply.
• Taxes on bonuses, if any, are the recipient’s responsibility.
• KeyPoint complies with federal and state tax reporting laws.

KeyPoint Credit Union $300 Checking Bonus (Expired)

• What you’ll get: $300 Bonus
• Eligible account: Checking Account
• Availability: CA (Branch Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0-$17; waivable
• How to earn it:
  • Open a KeyPoint Checking Account with promo code DD23
  • $300 direct deposit bonus credited to checking account in $50 increments over 6 months if
    • (a) Member establishes minimum $1,000 recurring monthly direct deposit for 6 months to account from net pay, pension, or government benefits, and
    • (b) first direct deposit posts within 60 days after account opening.
  • Total bonus credited within 9 months of new account opening.

(Limited time offer)

Fine Print

• Offer may be cancelled at any time.
• May not be combined with any other promotion.
• $10 minimum account opening deposit.
• $300 direct deposit bonus credited to checking account in $50 increments over 6 months if (a) Member establishes minimum $1,000 recurring monthly direct deposit for 6 months to account from net pay, pension, or government benefits, and (b) first direct deposit posts within 60 days after account opening. Total bonus credited within 9 months of new account opening.
• Recurring transfers or deposits from other sources, such as other accounts at KeyPoint or accounts at other institutions, do not qualify.
• Student and Kids Checking accounts are not eligible for this promotion.
• Offer good for new Members only—former Members who closed an account within two years of new account open date are not eligible for bonuses.
• Other restrictions may apply.
• Taxes on bonuses, if any, are the recipient’s responsibility.
• KeyPoint complies with federal and state tax reporting laws.

KeyPoint Credit Union $100 CD Referral Bonus (Expired)

• What you’ll get: $100 bonus
• Eligible account: CD
• Availability: CA
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • Refer: Invite friends and family to open a 5-Month or 12-Month Certificate using the promo code “RAFCERT24”. Be sure your name is entered in the referral section.
  • Bonus: When they open a Certificate with at least $25,000 of new money, you’ll get $100! And they’ll earn an exclusive rate of 4.85% APY on a 5-Month Certificate or 5.10% APY on a 12-Month Certificate! Exclusive rate will be applied after account opening.

(Limited time offer)

Fine Print

• Offer may be cancelled at any time.
• Referring Member can receive a $100 bonus for each eligible referred friend or family member who opens a 5-Month or 12-Month Certificate using the promo code “RAFCERT24” with at least $25,000 in new money—this Certificate cannot be funded with money already in a KeyPoint account.
• Referral bonus of $100 credited to referring Member’s KeyPoint account within 30 days of referred Member opening a Certificate with the required minimum deposit of new money.
• Limited to one Certificate per referred Member.
• Referred Member must provide promo code “RAFCERT24” and referring Member’s name at the time of Certificate account opening.
• **APY=Annual Percentage Yield, available as of 7/8/2024 and subject to change without notice.
• Certificates may be subject to early withdrawal penalties.
• ADDITIONAL INFORMATION. (1) This offer cannot be combined with other promotions. (2) KeyPoint employees, officials and their immediate families cannot participate. Other restrictions may apply. (3) Taxes on bonuses, if any, are the recipient’s responsibility.
• KeyPoint complies with federal and state tax reporting laws.

KeyPoint Credit Union $200 Student Checking Bonus (Expired)

KeyPoint Credit Union is offering a $200 bonus when you open a KeyPoint Checking account.

• What you’ll get: $100 Bonus
• Eligible account: Student Checking Account
• Availability: CA
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0-$17; waivable
• How to earn it:
  • Open a Student Checking Account
  • $100 bonus applied at time of account opening.
  • Additional available $100 bonus paid within four months of account opening if Member uses KeyPoint Debit Card to make 25 or more purchase transactions within three months after account opening.

(Limited time offer)

Fine Print

• Offer may be cancelled at any time.
• New Members only. Must not have been Member within 30 days.
• Other restrictions may apply.
• Taxes on bonuses, if any, are the recipient’s responsibility.
• KeyPoint complies with federal and state tax reporting laws.

How To Waive Monthly Fees

• Free Checking: None
• Unlimited Checking: $17, waived with minimum direct deposit of $1,000 or make ten (10) Debit purchase transactions within the month
• Dividend Checking: $12 (waived with direct deposit or $750 average daily balance)
• Free Student Checking: None
• Student Savings/Smart Savings Account: None
• Free Student Checking: None
• Business Free Checking: None
• Business Dividend Checking: $12 (waived with minimum average daily balance of $2,500)

Conclusion

All in all, the current promotion from KeyPoint Credit Union is a great promotion offering a $200 bonus when you open a new checking account or for referring qualifying accounts. You will receive a bonus for features you would need with your banking experience. However, I would only recommend this promotion only if it triggers a soft pull.

For those who have had an experience with KeyPoint Credit Union, definitely comment below and let us know about how it went! We value your feedback and will keep you posted on the most up to date promotions from this bank!

This bonus from KeyPoint Credit Union is super simple to earn. Standard Bank rates aren’t that great, so check our best rates Savings, Money Market, and CD accounts.

• Best Savings/Money Market rates
• Best CD Account rates

If you’re not local to any of the States above, 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.

Check back soon to find more KeyPoint Credit Union bonuses, offers, and promotions.