SkyOne Federal Credit Union Promotions: $25 Referral Bonus + 3.75% APY

SkyOne Federal Credit Union is offering a $100 bonus when you open a SkyOne Checking Account and setup qualifying direct deposits. Alternatively, earn a $100 bonus for opening a SkyOne Sky-High Savings Account when you use the promo code SKYHIGH and make a deposit of just $1.

You can also earn a $25 referral bonus when you invite others to join SkyOne!

Find an updated list of SkyOne promotions, bonuses, and offers below. We’ve seen sign-up bonuses of $50, $100, and even $500 before.

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, 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 SkyOne Federal Credit Union

SkyOne Federal Credit Union is a US credit union headquartered in Hawthorne, California. They initially offered financial services to air transportation employees before opening up their banking services to the public.

SkyOne FCU is federally insured by the National Credit Union Administration (NCUA) so you don’t have to worry about the safety of your money.

SkyOne Federal Credit Union Promotions

The following are all the active SkyOne promotions available. Currently, there are two promos – a checking account bonus and a referral bonus. The savings bonus has ended.

Offer #1: SkyOne Money Market Account – 3.75% APY

Earn a 3.75% APY on a SkyOne High-Yield Money Market Deposit Account (MMDA). This is one of the better savings rates for an account with no fees or withdrawal restrictions.

This is an exclusive rate offered via SkyOne’s partnership with You need to create an account using the button above or this link.

Offer #2: All Other SkyOne Accounts – $25

Receive a $25 bonus when you open any other SkyOne bank accounts (savings account, CDs, etc.).

$25 Bonus Directions:

  1. Open a new SkyOne membership using this link.
  2. Deposit a minimum of $5 into your new SkyOne account.
  3. Receive a $25 bonus when you’re a member in good standing for 30 days.

This is a good bonus for opening a SkyOne account when they don’t have other promotions going on.

Offer #3: SkyOne Referral Bonus – $25

Tell a friend about SkyOne, and you’ll both get a $25 Amazon Gift Card when they open a new account.

$25 Gift Card Directions:

  1. Enter your email and share with friends via Facebook, Twitter, or email.
  2. Your friend will receive a $25 gift card when they open a SkyOne Savings Account and deposit the minimum opening balance amount of $5.
  3. You’ll get your $25 gift card when they become a member in good standing for 30 days.

The $25 Amazon gift card can be redeemed to your Amazon account or any other Amazon account.

Referral Bonus Terms & Conditions:

Only current SkyOne Federal Credit Union members ages 18 years and older are eligible to refer and receive a total of $500 in annual “referrer cash bonuses.”

The referring member will receive a $25 gift card for each valid referral, as noted below, with a limit of 20 referrals (or $500) paid out per member per year.

A valid referral requires an individual who: 1) meets SkyOne’s membership requirements; 2) opens a new membership at SkyOne through an in-person representative OR online; 3) deposits the minimum opening balance amount of $5; 4) maintains the new account in good standing for a period of thirty (30) days; and 5) maintains good standing with the Credit Union as a member for a period of thirty (30) days.

Offer subject to change without notice and may end at any time.

Previous Promotions

The offers below have expired and are no longer available. We leave it here for informational purposes only.

Previous Offer #1: SkyOne Checking Account – $100 Bonus

Get $100 when you open a SkyOne Advantage Checking and setup direct deposits.

Offer Details:

Availability: Nationwide
Expiration: 8/31/2022
Household Limit: None
Direct Deposit Required: Yes, 3x for any amount
Soft/Hard Pull: Soft
Early Account Termination Fee: None

$100 Checking Bonus Directions:

  1. Open a SkyOne Advantage Checking account with this link.
  2. Setup direct deposits through their Direct Deposit Wizard portal.
  3. Make a total of three (3) qualifying direct deposits of any amount and have a minimum balance of $500 within 90 days of account opening.
  4. Receive $100 bonus within 30 days of completing offer requirements.

Previous Offer #2: SkyOne Savings Account Bonus – $100

Earn a $100 bonus when you open a SkyOne Sky-High Savings account. Use promo code promo code SKYHIGH and deposit just $1 when you apply for this savings account and the bonus is yours.

You’re not eligible for this offer if you are a current owner of a Sky-High Savings account or if you have closed an account within the last 12 months.

$100 Savings Bonus Directions:

  1. Open a SkyOne Sky-High Savings account using this link.
  2. Enter promo code SKYHIGH when prompted at the end of the application process.
  3. Deposit at least $1 into your new savings account.
  4. Receive a $100 bonus into your SkyOne Primary Savings account within 180 days of account opening.

This is an easy bonus with a minimum opening balance of $1 and no monthly fees or early withdrawal fees to worry about.

You can also earn a 1.00% APY when you deposit $1,000 or more per month. This is on top of the bonus and is not required to receive the $100 bonus.

Note that if you’re not a member, you also have to open a primary SkyOne Savings Account at the same time and deposit $5 into that account.

The Bottom Line

Previous SkyOne promotions offered higher bonuses (e.g. $500 savings bonus, $200 checking bonus), but those have expired.

While the bonus is less with this current offer, the good part is it requires only a $1 deposit (and a $5 deposit to the SkyOne Primary Savings Account if you’re not already a member).

It’s a great offer with easy requirements, so it’s worth doing for most of our readers.

6 thoughts on “SkyOne Federal Credit Union Promotions: $25 Referral Bonus + 3.75% APY”

  1. Hello again,

    I have an update. They called back to tell me that it did indeed expire on June 30.

    Also, the rep said that you needed to deposit $1,000 per month for six months to get that interest rate and to get the $100 bonus.

    • Hi Randy – hope all is well. I appreciate your willingness to always share back with the community here. It means a lot.

      I have confirmed that the offer ended on June 30th with my contacts over there, however, the bonus requirement you heard is incorrect. It really is just a $1 deposit to get the $100 bonus.

      The referral bonus is still valid. If the $100 promo comes back I’ll update this post once it’s valid again.

  2. Hello,

    I was just in contact with a representative from SkyOne and they said that the “skyhigh” promo offer expired on June 30th.

    However. based on the representative who i talked with, I wouldn’t be surprised if that information was incorrect. Not a good customer relations experience at all.


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