Find the latest PenFed Credit Union promotions, bonuses, and offers here.
The current promotion includes a $750 bonus.
PenFed Credit Union Promotions Review
PenFed Credit Union’s mission isn’t simply to help their members get by. They exist to help them realize every ounce of their potential. They exist to educate but to also encourage. Finally, they exist to usher their dreams into the land of reality.
I’ll go over PenFed Credit Union promotions & offers below.
PenFed Credit Union $750 Savings Bonus
- What you’ll get: Up to $750 bonus
- Where it’s available: Nationwide (Branch Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: Up to $500 via AMEX CC
- How to earn it:
- Open a new PenFed Premium Online Savings account.
- During the Offer Period or before 12/30/2023, make deposits of up to at least $10,000 from an external account into your PenFed Premium Online Savings account.
- Upon meeting the Offer qualifications, you will receive a $150 bonus for every $10,000 deposited into your account.
- Maximum bonus received is $750 per member.
(Expires 12/30/2023)
| Compare this savings account to alternatives like SoFi Checking and Savings Account ($275 Bonus + 4.50% APY), CIT Bank Platinum Savings (5.05% APY). |
PenFed Credit Union $350 Car Buying Service & Loan Bonus (Expired)
- What you’ll get: $350 bonus
- Where it’s available: Nationwide
- Credit Inquiry: More than likely a hard pull due to it being a loan
- Credit Card Funding: Unknown
- How to earn it:
- For a limited time, receive a $350 cash bonus when you buy a car with the PenFed Car Buying Service with a PenFed loan.
- Loan must be currently active and have at least 2 payments posted in order to qualify for the rebate.
- The $350 rebate will be deposited to the member share savings account within 60 days of receiving the second payment.
(Expires 04/30/2023)
| Furthermore, I would compare this offer to U.S. Bank Smartly® Checking ($450 Bonus), SoFi Checking and Savings Account ($275 Bonus), Chase Total Checking ($200 Bonus), Fifth Third Bank Momentum® Checking ($200 Bonus), KeyBank Checking ($200 bonus). |
PenFed Credit Union $200 Checking Bonus (Expired)
- What you’ll get: $200 bonus
- Where it’s available: Nationwide (Branch Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: Up to $500 via AMEX CC
- How to earn it:
- Open a new Access America Checking Account
- Deposit a minimum of $1200 and make 5 debit card purchases within 90 days of account opening
(Expires June 14, 2020)
| Compare this offer to some of the higher end checking offers available such as U.S. Bank Smartly® Checking ($450 Bonus), and TD Bank Beyond Checking ($300 Bonus), Fifth Third Bank Preferred Checking ($200 Bonus), KeyBank Checking ($200 bonus). |
Bottom Line
Be sure to check out this promotion from PenFed Credit Union to earn a generous bonus. The requirements aren’t too hard and you’ll be able to gain access to many great features that come with the account.
For more current offers, check out our bank bonuses page. Compare PenFed Credit Union rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of PenFed Credit Union promotions here.
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