[OR, WA only] Columbia Credit Union $100 Referral Checking Bonus

Update 1/20/24: Bonus is back, $100 again but it’s a referral so both parties can get $100. Feel free to share referrals in the comments below. Hat tip to Chuck K

Update 7/4/22: Bonus is back and now $170 instead of $100.

Offer at a glance

  • Maximum bonus amount: $170
  • Availability: Must Live or work in Washington State or the Oregon community of Clackamas, Marion, Multnomah or Washington Counties [Branch locator]
  • Direct deposit required:  Yes, $500+
  • Additional requirements: eStatements and 15 debit card purchases
  • Hard/soft pull: SoftNow a report of a hard pull. Seems to be soft in branch and hard online.
  • ChexSystems: Unknown
  • Credit card funding: Fund up to $500 with a credit card per account
  • Monthly fees: None
  • Early account termination fee: None listed
  • Household limit: None listed
  • Expiration date: November 11, 2021 July 31, 2022

The Offer

Direct link to offer

  • Columbia Credit Union is offering a bonus of $170 when you open a new income checking account and complete the following requirements:
    • Enroll in eStatements
    • Make a direct deposit of at least $500
    • Make at least 15 purchases using a combination of your Columbia CU debit card and Columbia credit card in December


The Fine Print

  • You must open a new Columbia Credit Union Income Checking account between October 1, 2021 and November 11, 2021, and enroll in e-statements, make at least ONE Columbia Credit Union direct deposit of $500 or more, and make at least 15 purchases using a combination of your Columbia CU debit card and Columbia CU credit card during December 2021, to receive $100.
  • Visit or a Columbia Credit Union branch for complete account information.
  • Direct deposit transactions are limited to: payroll, Social Security, pension and government benefits. Fiduciary and business accounts are excluded from promotion eligibility.
  • Limit one payment per individual per household.
  • Offer not available to individuals who have had a Columbia Credit Union checking account in the last 12 months.
  • Accounts overdrawn or closed at the time of payment are not eligible.
  • The payment will be deposited into your checking account by February 15, 2022, after meeting eligibility requirements and the value of your payment will be reported on IRS Form 1099- INT.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Early Account Termination Fee

I wasn’t able to find an early account termination fee in the fee schedule

Our Verdict

Previously there was a $250 checking bonus. Personally I’d recommend waiting for a bigger bonus to return as this offer is so much worse and hardly worth doing. We won’t add this to the best bank account bonuses.

Useful posts regarding bank bonuses:

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