University of Iowa Community Credit Union (UICCU) already has one big incentive for people to join and to open a checking account. It has a very competitive reward checking account (see review
). There's now an extra incentive with a refer-a-friend bonus. If they open an active checking account with the UICCU, both the referring and referred member gets $50.
UICCU has set up a special refer-a-friend microsite
Here's the small print of the offer
Referred member must open a new checking account with an ACH automatic deposit or withdrawal (minimum of $100). $50 check will be sent to both parties 30 to 60 days after the new account is opened and it is determined that the automatic deposit is occurring and the account is active and in good standing. Offer is void if referred person already has an existing UICCU checking account, one was open within the last 6 months, or they live in the same household as referring member. Limited time offer. Bonus cannot be combined with other UICCU promotional offers.
Membership is open to anyone living or working in Eastern Iowa. Refer to UICCU's about page
for more details.