[9% Back On Amazon][Expired] [Targeted, CA only] Patelco Credit Union $300 Checking Bonus

Update 6/7/26: Looks like they are offering 9% back on Amazon.

Dear <name>,

We’re turning 90 — and want to invite you to celebrate with us. 🎉

For a limited time, enjoy 9% cash back on an Amazon gift card (up to $100) through CashBack+. It’s our way of saying thanks for being part of our story.

This birthday deal ends June 14, 2026 — don’t miss out.

Update 3/27/26: There is a class action settlement for a data breach:

You are a “Class Member” if your personally identifiable information (“PII”) was stored on the platform accessed in the Incident. Defendant mailed and published notice of the Incident to Class Members starting in August 2024. Class Members may also receive notice of this Settlement via direct mail.

Hat tip to reader Iggy

Deal has ended, view more bank account bonuses by clicking here.

Extended to June 30, 2025

Update 3/22/25: Extended to April 30, 2025

Terms state ‘Valid for the recipient of this offer only’

Offer at a glance

• Maximum bonus amount: $400
• Availability: CO
• Direct deposit required: Yes, two totaling $4,000
• Additional requirements: See below
• Hard/soft pull: Soft without overdraft protection
• ChexSystems: Unknown, sensitive
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: February 28, 2025

The Offer

Direct link to offer

• Patelco Credit Union is offering a $400 bonus. Bonus is broken down as follows:
  • Earn $300 by opening a Free or Interest Checking account, enrolling in eStatements and have a minimum of two (2) consecutive qualifying monthly direct deposits into your new Patelco checking account totaling $4000 or more by May 31, 2025
  • Earn $50 by opening a Money Market account along with your new Free or Interest Checking account
  • Earn a final $50 by enrolling in RoundUp and accelerating your savings even further. Sign up in Patelco Online™ here.

The Fine Print

• Valid for the recipient of this offer only for checking account opened during promotional period January 7, 2025 to February 28, 2025.
• In order to qualify for the first $300 bonus, you must meet the following criteria 1) become a new Patelco member by opening a checking account by February 28, 2025. 2) sign up for e-statement 3) have a minimum of two (2) consecutive qualifying monthly direct deposits into your new Patelco checking account totaling $4000 or more by May 31, 2025. Qualifying direct deposits are electronic deposits of payroll (paycheck), government benefits payments, Social security, pension or other income received through the Automated Clearing House (“ACH”) Network. Deposits that do not qualify include, but are not limited to, internal Patelco account to account transfers, check deposits, peer-to-peer transfers (e.g., transfers from Zelle, PayPal, Venmo, etc.), ATM or branch deposits, ATM transfers, or remote deposits. You can earn up to an additional $100 ONLY after you’ve qualified for the first $300 reward before the qualification period ends on May 31, 2025. Earn an additional $50 by opening a Money Market Plus or Money Market Select account. Earn an additional $50 by signing up and using RoundUp at least once for your debit card purchases.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Neither account has any monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

Previously this was only $100. I suspect most readers won’t be eligible due to how ChexSystems sensitive they are.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times