Coast Capital Savings is a credit union based in British Colombia. They are currently offering one of the best and easiest sign up cash bonus for BC residents!
Learn more about this exciting promotion.
$500 bonus with a Coast Capital chequing account
This promotion is valid for new members of Coast Capital Savings who open a Free Chequing, Free Debit and More Account® between September 9th, 2019 and October 6th, 2019. Although, keep in mind that the terms and conditions state the following:
“The Credit Union reserves the right to terminate the offer at any time“
Also, new members must complete one of two steps below and the $500 bonus will be paid within 30 days of eligibility criteria being met.
- Set up a payroll direct deposit or other recurring direct deposit. This includes pension, Employment Insurance, Old Age Security, Canadian Pension Plan, Workers Compensation and Parental Assistance. It must be received within 90 days of successfully opening an Account.
- Set up a preauthorized bill payment of at least $50, (phone bill, mortgage or credit card payments) and have it debited from your new account at least twice. The first and second withdrawal for the pre-authorized payment must be successfully withdrawn within 90 days of opening an account.
Lastly, you mustn’t have been a member with Coast Capital Savings since January 2014 to be eligible for this bonus.
Bonus $50 for refer a friend
Coast Capital Savings also has an interesting referral program where you earn an additional $50 if you apply through a friend’s referral link.
The steps to earn the bonus $50 are quite easy :
- Click on a friend’s referral link (thank you for your support).
- Register for the refer a friend program with your name, email and birthday.
- Open a personal chequing account (such as the one for this $500 cash bonus) with Coast Capital Savings within 30 days.
- Keep the new account open for at least 30 days.
- Deposit a minimum of $105 to the new account within the first 30 days of account opening. This initial deposit must remain in the account for at least 24 hours. I recommend to deposit a minimum of $105. Once your account is open, $5 will be deducted and invested in Membership Equity Shares which is a one-time investment allowing members to express how Coast should run their business. This $5 is refunded when you close your account.
- Perform a transaction (bill payment, debit purchase, etc) within the first 30 days.
Once these requirements are met, it will take 3 to 10 business days for the $50 bonus to be deposited into your account.
Plus, Coast Capital Savings will donate $50 to the Youth Futures Education Fund. This charity provides funds to help with living expenses to post-secondary students who were previously in government care.
Conclusion
This is a very exciting promotion from Coast Capital Savings. You earn $500 for signing up for a no fee chequing account and completing a direct deposit or 2 preauthorized bill payments. Plus, earn an additional $50 by registering for the refer a friend program and opening a new account.
Just remember that this promotion finishes on October 6th, 2019 or when Coast Capital decides to terminate the offer so don’t delay in applying for this lucrative promotion!
Disclosure: Coast Capital Savings is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, please visit the Coast Capital Savings website.
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