Services for Graduates

⁶ Please see the Digital Banking Services Agreement for full disclosures. Data rates may apply.

¹ Subject to approval. $100 direct deposit bonus offer valid for new Student or Sensible Checking account opened with a Grad Pack purpose code from January 1, 2025 to December 31, 2025. $5 deposit into Member Ownership Share required. $25 minimum opening deposit for checking account required. To qualify for bonus: new Student or Sensible Checking account must receive a minimum of two direct deposits within 180 days of account opening and be enrolled in paperless statements. Direct deposit defined as ACH deposits to a member's checking account of $500 or more per month for two months from the accountholder's employer. Bonus will be deposited into the checking account within 10 business days after all conditions have been met. Valid Social Security Number (SSN) required for accountholder to receive bonus. Bonus is considered interest and will be reported on IRS Form 1099-INT. Business accounts, Non-Interest Checking and HSA accounts not eligible. If the checking account is closed within 6 months of account opening, the bonus will be deducted from the account at closing. Limit one bonus per SSN. Offer subject to change without notice.

² Subject to credit approval. Offer valid on new Purdue Federal Visa credit lines opened, or increases to existing Purdue Federal Visa credit lines, with a Grad Pack purpose code between January 1 and December 31, 2025. Eligible cardholders will receive 2,500 Bonus Cash Rewards Points (bonus points) after making a purchase transaction within 30 days of account opening or line increase. 2,500 bonus points is equivalent to $25 cash redemption, bonus points will generally be available for redemption within 24 hours. To be eligible: cardholder must have a valid job offer letter, U.S. postal address, and enroll in paperless statements. Returns, cash advances, and balance transfers do not qualify. Member's credit card must be active at the time points are credited and redeemed.

³ Subject to credit approval. No payments for the first 90 days after date of loan funding. Offer valid on new Purdue Federal auto loans or refinances funded between January 1 and December 31, 2025 with a Grad Pack purpose code; minimum $5,000 loan amount; terms up to 72 months. Interest will accrue during the 90 days of no payment. Existing Purdue Federal loans do not qualify. Accountholder must enroll in paperless statements. Other restrictions apply. Offer subject to change without notice.

⁴ A one-time bonus of $25 will be paid each time the balance in the Emergency Savings Account reaches thresholds of $250, $500, $750 and $1000 respectively. Maximum bonus total of $100 (one $25 bonus for reaching each threshold). Minimum of 3 separate qualifying deposits are required to earn initial bonus. Account must be open for 90 days before any bonus will be awarded. After the account has been open for 90 days, if the balance reaches a threshold at any time during the previous month, the account will be eligible for bonus. Qualifying deposit is any deposit or direct deposit of salary, pension, social security benefits, any other check or cash deposit, or any transfer from another account. Non-qualifying deposits include dividends, fee refunds, and program bonuses. Must be enrolled in paperless statements to earn bonus. Bonus will be paid no later than the fifth day of the month immediately following the qualifying month. Bonus is a dividend, member must have a social security number to open. Eligibility to earn bonuses expires 48 months from account opening date. Member must maintain a traditional checking account to be eligible for the Emergency Savings Account. If the related checking account is closed, the Emergency Savings Account will convert to a Basic Savings Account and member will not be eligible for bonus. Business members are not eligible for Emergency Savings Account. Limited to one Emergency Savings Account per tax reported owner. 

*Subject to credit approval. Membership eligibility required.