Find the most up-to-date Redwood Credit Union promotions, bonuses, and offers here.

Right now, you can earn a $250 bonus when you open a qualifying checking account and meet the requirements.

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About Redwood Credit Union Promotions

Redwood Credit Union is headquartered in Santa Rosa and is the 8th largest credit union in the state of California. It is also the 36th largest credit union in the nation. It was established in 1950 and as of September of 2023, it had grown to 814 employees and 355,702 members at 22 locations. Redwood Credit Union has an A health rating.

Eligibility: Membership in Redwood Credit Union is open to those who live or work in the greater California Northern Bay and San Francisco area, including Contra Costa, Lake, Marin, Mendocino, Napa, San Francisco, Solano, and Sonoma Counties. See current membership details.

Redwood Credit Union $250 Checking Bonus

What you’ll get: $250 bonus
Account Type: Checking
Availability: CA (Bank Locator)
Direct Deposit Requirement: Yes (see what works)
Credit Inquiry: Hard Pull or Soft Pull? Let us know.
ChexSystems: Unknown
Credit Card Funding: Unknown
Monthly Fees: None
Early Account Termination fee: Not listed
Household Limit: Not listed

$250 Offer at Redwood Credit Union

(Expires 02/29/2024)

You can compare this to several great entry level checking account offers:
BMO Smart Money Checking ($350 cash bonus)	BMO Smart Advantage Checking ($350 cash bonus)
Bank of America ($300 bonus offer)	Chase Total Checking^® ($300 bonus)
KeyBank Key Smart Checking ($300 bonus)	SoFi Checking and Savings ($325 bonus)
First Tech Rewards Checking ($300 bonus)

How To Earn Bonus

HOW TO EARN BONUSFINE PRINT

Open your account. Have your Social Security number and driver’s license or ID card handy. Enter the promo code 250FORME on the review page.
Set up direct deposit. Submit your RCU checking account and routing number to your employer to establish direct deposit.
Receive direct deposit. Within 90 days of opening your account, receive a minimum of $500 of payroll-based funds via direct deposit.
Enjoy $250! Your $250 will be deposited into your new free checking account within 30 days of meeting qualifications!

Offer valid until 02/29/2024.
Promotion is offered to new RCU Members.
Employees of RCU and/or RCUSG, volunteer Officials, their family members and roommates are not eligible.
Promotion is subject to change and certain restrictions may apply.
To receive the $250 bonus, you must open a qualifying new checking account with Redwood Credit Union with a qualifying direct deposit.
Qualifying checking accounts are limited to General Membership, open for a minimum of 60 days.
Youth, business, health savings (HSA), custodial, trusts, and other specialized accounts are excluded from this offer.
Direct deposit must be an ACH deposit of $500 or more with an effective deposit date within 90 days of account opening.
Direct deposit is restricted to regular income deposits, government benefits, and monthly retirement income.
Person-to-person payments such as Venmo™, PayPal, or Zelle®, and external transfers from linked accounts are excluded. One $250 bonus is available per qualifying individual.
New Members must qualify for membership and are required to establish a membership account.
Membership is open to anyone living or working in one of the eight North Bay counties RCU serves, some restrictions may apply.
For new membership accounts, you must deposit $5 in a regular savings account to open a checking account.
The promo code expires on 02/29/2024.
$250 bonus is considered interest and will be reported on IRS Form 1099-INT.
Participant is responsible for all applicable taxes.
Bonus will be awarded by a credit to the newly established checking account within 30 days of meeting checking account and direct deposit requirements.

How To Avoid Monthly Fees

Free Checking: No maintenance fees
Dividend Checking: If your balance is below $500, a fee of $3 will be charged monthly.
Young Adult Checking: No maintenance fees
Senior Checking: No maintenance fees
Direct Access Checking: No maintenance fees
Business Essential Checking: $8 monthly fee. To waive this fee, keep an average daily balance of $1,000 or a combined average daily business deposit balance of $5,000. (Business deposit accounts include business savings, business money market, and business certificate accounts.)
Business Choice Checking: $15 monthly fee. To waive this fee, keep an average daily balance of $5,000 or a combined average daily business deposit balance of $10,000. (Business deposit accounts include business savings, business money market, and business certificate accounts.)
Business Analysis Checking: $20 monthly fee. Offset your monthly fee with deposit-based earning credits based on your monthly account balance. The higher your average balance, the higher your monthly credits.

Bottom Line

Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.

*Compare these promotions with other bank bonuses from banks like Huntington, HSBC, Chase, TD, Bank of America, Citi, and more!*

*Check back on this page for updated Redwood Credit Union promotions, bonuses, and offers.