$50 For You, $50 For Them
It pays to refer your friends and family to Purdue Federal. Let them know how much you love us by referring them to Purdue Federal, and you both could earn $50 when they open a checking account with direct deposit
- Log in to digital banking.
- Click Refer a Friend under Accounts
- Enter your friend's email address to send an invitation with your personal code.
TERMS AND CONDITIONS
Referring Member will earn $50 cash bonus for each qualifying New Member (Referred) who opens a new membership with checking account, up to a maximum $500. Referred must submit valid referral code during application process. Both Referring Member and Referred must be 18 years of age or older and have a valid social security number. Bonus is tax reportable on IRS Form 1099-INT. Business and HSA accounts not eligible. Accounts must be in good standing: no loan delinquency or negative shares at time of referral and crediting of bonus, no account restrictions, and caused no loss(es) to Purdue Federal. We reserve the right to change or cancel the promotion without notice. Membership eligibility required.
Referring Member: Earn $50 bonus for each qualifying New Member (Referred). $50 cash bonus will be credited to the primary share savings account within 10 business days* after the Referred has opened their qualifying Purdue Federal membership. Referring Member may earn a maximum $500 in aggregate referral program(s) bonuses per calendar year. Cannot be combined with another account opening promotional offer. Must have a current Purdue Federal checking account and valid contact information on file including mailing address, email address and phone number. Must be enrolled in paperless statements at time of referral. Account must be in good standing at time of referral and crediting of bonus. By using the valid referral code, you agree to release your name and membership status to the Referred. For privacy reasons, Referring Member will not be notified of the name of the qualifying referred New Member. Limit 20 emails sent by Referring Member per rolling 30 days, limit 3 emails to one Referred email address per rolling 30 days.
New Member (Referred): Membership eligibility required. $5 membership share deposit required. Primary share savings currently earns 0.05% APY (APY = Annual Percentage Yield). $25 minimum opening deposit for checking. To qualify: must be 18 years of age or older and have a valid social security number, submit valid referral code during application process, enroll in paperless statements, make 10 member initiated point-of-sale debit card transactions, and have two or more direct deposits totaling $200 or more within 120 days of account opening. Referred cannot have a current Purdue Federal membership or have closed a Purdue Federal membership within the last 12 months where they were the primary accountholder. Account must be in good standing to receive bonus: no loan delinquency or negative shares at time bonus is credited, no account restrictions, and caused no loss(es) to Purdue Federal. Business and HSA accounts not eligible. $50 cash bonus credited to primary share savings account within 10 business days. Bonus is tax reportable on IRS Form 1099-INT. If the account is closed within 6 months of account opening, the $50 bonus will be deducted from the account at closing. Cannot be combined with another account opening promotional offer. We reserve the right to change or cancel the promotion without notice.
*Business day as defined in the Purdue Federal Funds Availability Policy Disclosure.