*Offer effective November 14, 2022 and subject to change or cancel with out notice. Offer does not apply if you have an existing Valley First Credit Union checking account or have closed a Valley First checking account within the last 12 months, including joint account ownership. $200 bonus will be credited to your new Purple Checking account 100 calendar days after account opening providing the following conditions have been met: Have an established direct deposit of $750/month or more, are enrolled in Online Banking and are enrolled in eStatements. Account must be open and in good standing to receive Bonus. Bonus Dividend will be reported as interest (dividends) assumed on IRS Form 1099-INT. Recipient is responsible for any applicable taxes. Offer cannot be combined with any other offer. New accounts subject to ChexSystems. Membership eligibility requirements apply. Membership requires a Primary Share Account opened wit han initial $25 deposit plus a $5 one-time membership fee, for a total of $30.
**To receive cash back on Debit Card purchases and ATM fee refunds, you must meet all of the following criteria during the monthly qualification cycle*: must be enrolled to receive statements electronically (eStatements), you can elect to have paper statements but with incur a service fee as indicated on the Schedule of Fees, must access the Online Banking or Mobile Banking service at least once per monthly qualification cycle, must be enrolled in iPay (Bill Pay Service) and at least once per monthly qualification cycle, and must receive Direct Deposit of at least $750 per monthly qualification cycle.
If you do not meet the above monthly qualifications of the account, you will not receive cash back on Debit Card purchases and ATM fees will not be refunded. Debit Card purchases and ATM fees must post and clear the account during the monthly qualification cycle*.
Cash back on Debit Card purchases and ATM fee refunds will be calculated and credited to your Purple Checking account by the 10th business day of the next month.
Account Limitations. Qualifying ATM transactions that incurred ATM fees must be made with a Credit Union issued Debit Card associated with your Purple Checking Account. ATM receipts may be requested by the Credit Union. Limit one Purple Checking Account product type per Social Security Number (SSN). Must be 18 years of age or older.
The following transaction types are not eligible for cash back rewards: ATM cash withdrawals transactions, Bill Pay transactions, the purchase of money orders or other cash equivalents, cash over portions of point-of-sale transactions, Peer-to-Peer (P2P) payments (such as Apple Pay Cash), In addition, purchases made using third-party payment accounts (services such as Venmo® and PayPal®, CashApp®, GooglePay®), who also provide P2P payments may not be eligible for cash back rewards, loan payments or account funding made with your Debit Card, purchases made using third-party payment accounts (services such as Venmo® and PayPal®, who also provide P2P payments).
***ATM fees are network fees only. International service fees will not qualify.