Teachers Federal Credit Union Offer

Bonus Details

Monthly $100 bonuses for 6 months.

How To Qualify

Open a new Smart Checking, Share Draft Checking or Young Professional Checking account at the Tampa Westshore branch as a new member and enroll in Online Banking and eStatements. Receive qualifying direct deposits totaling at least $1,000 in each monthly statement cycle for six consecutive cycles to earn $100 per cycle, up to $600 total.

APY Details

Smart Checking earns 2.50% APY on balances up to $15,000 and 0.10% APY on balances over $15,000.

APY Requirements

Enroll in Online Banking and eStatements. Each monthly statement cycle, meet one option: receive at least $500 in qualifying direct deposits and complete 10 debit-card purchases, maintain an average Smart Checking balance of at least $5,000, or hold at least $20,000 in combined month-end balances across applicable deposit accounts. Direct deposits and purchases must post and clear during that cycle. Interest stops the cycle after you fail to qualify and resumes the cycle after you requalify.

The Fine Print

Monthly Fees: None
Account Type: Personal Bank Account
Expiration Date: None Listed
Availability: Florida

Monthly Fee Details

No monthly service fee.

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

1Qualified APY of 2.50% is for balances up to $15,000.00 only. Balances $15,000.01 or above will receive an APY of 0.10%. APY accurate as of February 5, 2025. We may change the interest rate paid for products and services used and the annual percentage yield at the Credit Union’s discretion at any time without notice. You will earn the qualified APY and ATM rebate benefits when you do at least one of the following each monthly statement cycle: Option #1: Maintain direct deposits of at least $500.00 per month AND complete 10 debit card purchases OR Option #2: Maintain an average monthly balance of at least $5,000.00 in the Smart Checking account OR Option #3: Have $20,000.00 in combined end-of-month deposit balances. Combined month-end deposit balances represent the total amount of balances in all applicable deposit accounts at the end of a statement cycle. Qualifying direct deposits include payroll or government benefits. Transactions that will not count toward direct deposits include external transfers, point-of-sale credits, and in-person check or cash deposits. Direct deposits and debit card purchases must post and clear the account during the statement cycle. Limited to one product per primary owner. Members must enroll in Online Banking and eStatements in order to remain eligible. If you do not meet the requirements for a qualification period, you will earn interest and receive the ATM fee rebates for the current statement cycle, but you will not earn interest or receive ATM fee rebates for the next statement cycle. You must requalify to earn interest and receive benefits. You will begin earning interest and receiving ATM fee rebates in the statement cycle after you requalify. Members cannot be enrolled in the Educated Choice program and have a Smart Checking account.