Find the latest Suffolk Federal Credit Union bonuses, promotions, and offers here.
Update 10/21/24: The $300 checking bonus is back through 12/31/24.
Suffolk Federal Credit Union Bonuses Review
A credit union built to serve Suffolk County more than 50 years ago—by individuals who live and work here—Suffolk Federal is dedicated to providing better banking for all of Long Island.
| Eligibility: They offer credit union membership to anyone who lives, works, worships, attends school or regularly conducts business in Suffolk County, NY as well as immediate family members of current membership. |
I’ll go over the Suffolk Federal Credit Union offers below.
Suffolk Federal Credit Union $300 Checking Bonus
Open a new qualifying account and you can receive a $300 bonus.
- What you’ll get: $300 Bonus
- Eligible account: Checking account
- Where it’s available: NY (Bank Locator)
- Credit Inquiry: Hard Pull
- Direct Deposit Required: No
- Monthly Fee: None
- How to earn it:
- Open a Momentum Checking Account and earn $100 per month for first 90 Days when you make (1) deposit of at least $500 each month.
- Deposit at least $500 in one transaction each 30-day period (with money not already on deposit at Suffolk Credit Union) for the first 3 months and earn $100 at the end of each 30-day period.
- Open a Momentum Checking Account and earn $100 per month for first 90 Days when you make (1) deposit of at least $500 each month.
(Expires 12/31/2024)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Offer valid for accounts opened September 18–December 31, 2024.
- Deposit at least $500 in one transaction each 30-day period (with money not already on deposit at Suffolk Credit Union) for the first 3 months and earn $100 at the end of each 30-day period.
- Promotional month is calculated from the account opening day (Period/Month 1: 1-30 days, Period/Month 2: 31-60 days and Period/Month 3: 61-90 days from account opening date.
- Existing memberships without a checking account in the past 90 days are eligible.
- Cash bonus is taxable.
- Members who have been paid a new checking account bonus previously are ineligible to receive this offer.
- To receive this bonus, the enrolled account must not be closed, negative or restricted at the time of payout.
- Visit suffolkcu.org/bonus-300 for details.
Suffolk Federal Credit Union $50 Youth Savings Bonus
Open a new youth savings account and you can receive a $50 bonus.
- What you’ll get: $50 Bonus
- Eligible account: Youth Savings account
- Where it’s available: NY
- Credit Inquiry: Hard Pull
- Direct Deposit Required: No
- Monthly Fee: None
- How to earn it:
- Open a Youth Savings account and earn a $25.
- Once the Youth Savings Account balance reaches $1,000 you will earn another $25 deposit.
(Limited time offer)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Youth Savings account minimum opening balance is $5.
- Minimum balance to earn dividends is $100.
- Dividends are calculated on daily balance and credited monthly.
- Fees could reduce earnings on the account.
- Youth Savings accounts must be custodial accounts.
- At the age of 18, monies in this account will be transferred into a regular savings account.
- Account must stay open for a minimum of 90 days, or Suffolk Federal reserves the right to revoke cash back deposits.
- Suffolk Federal will not remove the deposit unless we directly contact the member with reasons for doing so.
- Member is responsible for taxes.
- Program and terms subject to change.
(Expired) Suffolk Federal Credit Union $100 Referral Bonus
Refer someone to open a new qualifying account and you can receive a $100 bonus.
- What you’ll get: $100 Bonus
- Eligible account: Free or Max Money Checking account
- Where it’s available: NY
- Credit Inquiry: Hard Pull
- Direct Deposit Required: No
- Monthly Fee: None
- How to earn it:
- Open a Free or Max Money Checking account with a minimum of $100 opening balance AND;
- Pay 4 bills through Suffolk Federal’s FREE Online Bill Pay Service OR;
- Use your Suffolk Federal Debit Card for four signature-based transactions OR;
- Take out a loan with Suffolk Federal within the first 60 days
- Open a Free or Max Money Checking account with a minimum of $100 opening balance AND;
(Expired)
| 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
- Checking account of new member must be opened with a minimum of $100 and must remain open for 60 days.
- Both the referring members and the new members will receive cash incentives once the required terms and conditions are met.
- Membership in Suffolk Federal requires a Share Savings account with a $5.00 minimum balance.
- Limited to one bonus or cash-back rewards program unless otherwise stated.
How To Waive Monthly Fees
- Free Advantage Checking: None
- Sharks Checking: None
- Max Money Checking: $20 monthly fee, waivable by maintaining minimum balance of $3,000.
- Girl Scouts Checking: None
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Conclusion
Although this is a rather generous bonus for a referral, I would not recommend it because it triggers a hard pull, which will harm your credit score. However, you can find other great promotions that won’t harm your credit score listed throughout our site.
I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.
If you are not eligible for these promotions, 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 comment on this post with any questions you may have about Suffolk Federal Credit Union, their accounts they offer, or coupon codes.
Check back often for more Suffolk Federal Credit Union Bonuses, Promotions, or Offers!
