Checking Account

PenFed

PenFed $300 Checking Bonus

$300bonus

Required Deposit

$15,000

Time to Complete

149 days

Requirements

Required Deposit: $15,000

Deposit required to qualify for bonus

Maintain a minimum daily balance of at least $15,000 for a $225 bonus or $20,000 for a $300 bonus in the PenFed checking account during the promotion period.

Bonus Timeline

Bonus Posts Within60 days after meeting requirements
Keep Account Open123 days minimum
Monthly RequirementsMaintain a minimum daily balance of at least $15,000 for a $225 bonus or $20,000 for a $300 bonus in the PenFed checking account during the promotion period.

Fine Print

Credit PullUnknown
Accepts CC FundingYes
CC Funding$500
Household LimitNone mentioned
New Customers OnlyYes — no account in last 12 months

Fees & Terms

Monthly Fee$0.00

Details

Open a new PenFed Checking account by April 30, 2026. Make deposits from April 6, 2026 until April 30, 2026 from an external account into your PenFed Checking account to reach the balance level for the promotion. Maintain the required minimum daily balance level in your PenFed Checking account until August 30, 2026. The cash bonus will be deposited in your account by October 31, 2026.

Availability

Nationwide

Last updated: April 7, 2026