Fairwinds Credit Union Promotions: $175 Checking Bonus

FAIRWINDS Credit Union is offering a sign-up bonus of $175 when you open select checking accounts and complete qualifying activities. Fairwinds sign-up bonuses are available nationwide. Full details of these promotions below.

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, U.S. Bank, and Axos Bank.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

About FAIRWINDS Credit Union

Fairwinds Credit Union, headquartered in Florida, is an American member-owned credit union with close to 200,000 members and over $2 billion in assets.

Established in 1949, it’s a member-owned and not-for-profit financial institution, which means Fairwinds can focus on providing unbiased advice and competitive products. Membership is just $5 and is available nationwide.

FAIRWINDS Promotions

Offer #1: FAIRWINDS $175 Checking Bonus

Earn a $175 bonus when you open a Fairwinds Preferred or Signature Checking Account and make at least $1,000 in total direct deposits within 60 days of account opening.

Fairwinds $175 Bonus Step-by-Step Directions:

  1. Open a Fairwinds Preferred or Signature Checking Account with a minimum deposit of $25 at new account opening via this link.
  2. Complete direct deposit(s) of $1,000 or more within 60 days of account opening.
  3. Receive a $175 bonus on the 15th day of the month following the month of completing all offer requirements.

Like other Fairwinds promotions, this offer isn’t available for individuals that have or had a Fairwinds bank account.

I’d strongly recommend opening the Preferred Checking Account as its $10 monthly service charge can be waived in a number of ways (waived with either $1,000 in total monthly direct deposits or with $10,000 or greater average monthly deposit balance or by maintaining an investment account balance of $10,000 or greater).

Offer Details

Availability: Nationwide
Expiration: 6/1/24
Household Limit: None
Direct Deposit Required: Yes, $1,000+ (see what counts as a direct deposit)
Soft/Hard Pull: Soft
Early Account Termination Fee: None

Offer #2: FAIRWINDS $100 Spending Account Bonus

Ninja Update 1/17/24: This offer has ended. Click here to view the entire list of other bank bonuses available.

Get a $100 bonus when you open a Fairwinds Spending Account and complete a direct deposit of $200 or more.

  1. Open a Fairwinds Spending Account with a $25 minimum deposit.
  2. Make a qualifying direct deposit of $200 or more (excluding the new account deposit) within 45 days of account opening.
  3. Get a $100 bonus on or about the 15th day of the month following the qualifying direct deposit.

This offer expired on December 31, 2023.

Offer #3: FAIRWINDS $75 Referral Bonus

Invite friends and family to open a bank account at Fairwinds and you’ll receive a $75 referral bonus once they successfully open a qualifying account and complete requirements.

  1. Share your unique referral code with friends and family.
  2. Referred person uses your referral code to open a qualifying banking product and completes offer requirements..
  3. Receive a $75 bonus on the 15th day of the following month. The person you refer will also earn a $100 welcome bonus.

Referral bonuses are capped a $750 per calendar year, which means you can refer a maximum of 10 people.

The Bottom Line

Fairwinds is relatively new at offering bank account bonuses. I typically see sign-up bonuses for their personal and business credit cards – which are really generous and comparable to bonuses from bigger banks like American Express and Chase.

For example, the Fairwinds Visa Signature Credit Card is offering a welcome bonus of 60,000 points that are worth $900 in travel.

The Fairwinds Cash Back Visa Credit Card has a 0% balance transfer offer with no balance transfer fees. We’re not in the 2004-2008 era anymore – zero balance transfer fees are very rare now.

Note that Fairwinds Credit Union is not a churnable bank, meaning that each person is limited to one lifetime account sign-up bonus.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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16 days ago

Thanks Daniel. I signed up. Next person is free to use my referral

24 days ago

So looks like Fairwinds started a new Refer and Earn for 2024. It says it runs until June 1st 2024. It is specifically for their premium checking accounts: Preferred or Signature Checking. Be sure to read the details carefully to obtain a $175 bonus. You can use this link if interested.

1 year ago

Fairwinds just started a neat Earn and Learn program for current members. Take courses and answer questions to earn points. Log in daily to earn points. Redeem points for $5 gift cards.

1 year ago
Reply to  John Pham

No public link that I know of. If you have an active account its right on main screen when you log in. It says “Get rewarded for learning about money”. So far I have earned 3 $5 Target eGift cards in only 3 weeks time. They have some extra bonuses at the beginning. But I started doing Daily Trivia and that earns 300 points a day. 5K points earns a potential eGift Card.

1 year ago

Yes this is a super easy bonus. Plus they have an emergency savings that pays 3% interest on the first $1000. Looks like the referral program is still running if someone needs one to qualify for the $100 bonus.

1 year ago
Reply to  Daniel

What direct deposits qualify? Can I transfer from another bank account of mine?

1 year ago
Reply to  Aziz

Looks like only REAL DD from an employer work to qualify. But pretty easy as you only need one over $200.

1 year ago

This was a straightforward bonus. Bonus is paid around 15th of each month so if you don’t get it right away don’t stress. Anyone who needs a link, please use mine.

Jared C McGinnis
Jared C McGinnis
1 year ago

What qualifys as a direct deposit?