Monterra Credit Union Bonuses: $150, $200 Checking Promotions (CA)

Take advantage of the latest Monterra Credit Union bonuses, promotions and offers here.

Update 12/4/25: San Mateo Credit Union is now Monterra Credit Union. The $150 bonus when you open a new qualifying checking account has been extended through 12/31/25. There’s also a $200 checking bonus available through 12/15/25.

Monterra Credit Union Bonuses Review

Monterra Credit Union $200 Checking Bonus

Earn a $200 bonus from Monterra Credit Union when you open a new Account.

• What you’ll get: $200 Bonus
• Eligible account: Checking
• Where it’s available: CA (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Earn $200 cash bonus by meeting these three (3) requirements in the first calendar month after opening your new Premium Checking account:
    • Make ten (10) or more debit or credit card purchase transactions
    • Have at least one monthly direct deposit, payroll deposit, or ACH transfer
    • Enroll in and select to receive eStatements
  • Cash bonus for the month will be paid to the open, eligible membership account within 31 days after the qualification period ends.

(Expires 12/15/2025)

Fine Print

• Requirements to receive $200 cash bonus: Open a new Premium Checking account (no other account types are eligible) between 11/17/2025 and 12/15/2025; and fulfill three (3) requirements needed to earn the APY, starting the full calendar month immediately following the month after account opening.
• Requirements are notated above.
• Cash bonus for the month will be paid to the open, eligible membership account within 31 days after the qualification period ends.
• The account must have a positive balance at the time of payout to receive the bonus.
• The bonus is classified as interest paid to the account where the bonus is credited.
• Any applicable taxes associated with the bonus are the responsibility of the account holder.
• To the extent required by law, the Credit Union will report the total value of this bonus to the IRS on Form 1099-INT for the tax year in which the bonus was paid.

Monterra Credit Union $150 Checking Bonus

Earn a $150 bonus from Monterra Credit Union when you open a new Account.

• What you’ll get: $150 Bonus
• Eligible account: Checking
• Where it’s available: CA (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Earn $150 cash bonus by meeting these three (3) requirements in the first calendar month after opening your new Premium Checking account:
    • Make ten (10) or more debit or credit card purchase transactions
    • Have at least one monthly direct deposit, payroll deposit, or ACH transfer
    • Enroll in and select to receive eStatements
  • Cash bonus for the month will be paid to the open, eligible membership account within 31 days after the qualification period ends.

(Expires 12/31/2025)

Fine Print

• Requirements to receive $150 cash bonus: Open a new Premium Checking account (no other account types are eligible) by 12/31/2025.
• Fulfill three (3) requirements, starting the full calendar month immediately following the month after account opening.
• Requirements are: 1.) Make ten (10) or more card purchases using either the debit card(s) linked to your new Premium Checking account and/or a credit card under the same membership as your new Premium Checking account; and 2.) Minimum of one (1) direct deposit, payroll deposit, or external ACH transferred into your checking account type; and 3.) elect to receive eStatements in lieu of monthly paper statements.
• In the case of a joint account, purchases and payments from multiple cards associated with the membership that contains the Premium Checking and credit card may be added together.
• Offer may change or be discontinued at any time without prior notice.
• Cash bonus for the month will be paid to the open, eligible membership account within 31 days after the qualification period ends.
• The account must have a positive balance at the time of payout to receive the bonus.
• The bonus is classified as interest paid to the account where the bonus is credited.
• Any applicable taxes associated with the bonus are the responsibility of the account holder.
• To the extent required by law, the Credit Union will report the total value of this bonus to the IRS on Form 1099-INT for the tax year in which the bonus was paid.

How to Waive Monthly Fees

• Premium Checking: No monthly fees
• Free Checking & Student Checking: No monthly fees
• Business Checking: $15.00 monthly waived if an average daily balance of $4,000 is maintained.
• Business Basic Checking: $7.50
• Nonprofit Business Checking: No monthly fees

Conclusion

Monterra Credit Union is offering a decent bonus. They also offer online and digital banking, so you’ll be able to access your money anywhere at anytime! You can have peace of mind knowing your money is insured by the NCUA.

Feel free to comment on this post with any questions you may have about Monterra Credit Union, their accounts they offer, or any experiences you have had!

While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.

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

Check back often for more Monterra Credit Union Bonuses, Promotions, or Offers!