Newest BECU Promotions: Best Offers, Coupons and Bonuses August 2020

BECU bank promotions

Boeing Employees’ Credit Union is a Seattle-based financial cooperative that offers the standard lineup of checking and savings accounts, credit cards, loans and investment services. It was once only available for Boeing employees but now accepts members residing in Washington and parts of Idaho and Oregon.

Like many financial institutions, BECU occasionally runs promotions that provide cash bonuses to new and existing members. A GOBankingRates survey found that many of the respondents don’t regularly check for bank offers, which means they miss out on free money and other perks. If you’re interested in earning some extra cash or getting a credit card with a great introductory rate, check out what BECU is offering this month.

BECU Promotions at a Glance

BECU provides members with banking products, investment services and loans designed for both individuals and businesses. BECU members also have access to member discounts for products and services. Here’s a closer look at the current BECU offers:

Best BECU Bank Promotions: August 2020
Account Cash Value of Bonus Expiration Date
BECU Checking and Savings Account Promotion $50 None
BECU Visa 0% APR None
BECU Loan $50 None
BECU Sprint Mobile $100 None

Current BECU Promotions

If you’re shopping for a new bank, BECU might be a good option because earning cash from its promotions is easy once you meet the requirements. Here are all the details.

BECU Checking and Savings Account: $50 Bonus

BECU offers checking and savings accounts with standard features like a debit card and mobile banking. They’re also fee-free and have no minimum balance requirements. New customers who open a Member Share savings account and a checking account at the same time can earn a $50 cash bonus. Here’s what you need to know:

More From Your Money
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  • Cash value: $50
  • Minimum deposit to qualify: $5
  • Expiration date: None
  • How to get it: You’ll need to open a checking account and Member Share savings account. Use the BECU coupon code NETWORKING to earn the BECU savings account bonus.
  • When you’ll get it: The funds will be deposited into your savings account within 30 days of opening the accounts.
  • Terms and conditions: The account must stay open for 90 days to qualify for the bonus. BECU bonuses are for new account holders 18 years of age and older.
  • Monthly fees: None
  • Promotion page: BECU Checking and Savings Account bonus offer

BECU Visa Credit Card: 0% Introductory APR

New and current BECU members can apply for a BECU Visa credit card and enjoy a 0% APR on purchases and balance transfers for the first year. This fee-free card has no balance transfer, foreign transaction or cash advance fees. Plus, it gives you access to other benefits like travel insurance and assistance, roadside dispatch and more. Here are the details:

  • Cash value: N/A
  • Minimum spend to qualify: $0
  • Expiration date: None
  • How to get it: Open a new BECU Visa credit card account.
  • When you’ll get it: The introductory APR starts the day you open the account.
  • Terms and conditions: The introductory rate applies only to balance transfers made within 90 days of opening the account.
  • Annual fee: None
  • Promotion pageBECU Visa credit card bonus offer

BECU Loan: $50 Bonus

BECU offers members a variety of loans with competitive interest rates. You can apply for mortgages and home equity lines of credit as well as car, boat, RV, home improvement, student and personal loans.  Here’s more:

  • Cash value: $50
  • Minimum deposit to qualify: N/A
  • Expiration date: None
  • How to get it: Apply for and fund a new loan using the promo code NETWORKING.
  • When you’ll get it: The bonus will be deposited to your Member Share savings account within 30 days.
  • Terms and conditions: BECU bonuses are for applicants 18 years of age and older.
  • Monthly fees: None
  • Promotion pageBECU loan bonus offer

BECU Sprint Mobile: $100 Bonus

Credit unions often provide members exclusive savings and deals. BECU is working with Sprint Mobile to offer members $100 if they switch to Sprint and activate two lines. The bonus doesn’t stop there — current Sprint customers can also get $100 per year as an annual loyalty reward for sticking with Sprint, as well as 25% off all Sprint store accessories.

  • Cash value: $100
  • Minimum deposit to qualify: N/A
  • Expiration date: None
  • How to get it: Become a Sprint customer and let them know that you bank with BECU. Register your new phone numbers at Sprint’s Love My Credit Union page.
  • When you’ll get it: The bonus will be deposited six to eight weeks after registration.
  • Terms and conditions: The offer applies only to smartphone lines activated at the point of sale and is subject to credit approval.
  • Monthly fees: N/A
  • Promotion pageBECU Sprint bonus offer

How To Open a BECU Account

To open a BECU account, you can make an appointment at a local branch or apply for an account online. You’ll need to become a credit union member first, but the online bank application will walk you through the process. Here’s what to provide to open an account:

  • Social Security number
  • Driver’s license, passport, state or military ID
  • Contact information, including a street address and phone number

Are BECU Promotions Worth the Switch?

BECU offers a variety of promotions to fit your financial lifestyle. And although no BECU business account bonus is currently offered, GOBankingRates updates the credit union’s promotions regularly, so check back each month. If you are set on finding an business account bonus, it may be worth looking at other banks offering account bonuses.

While cash bonuses and other promotions are nice, they shouldn’t be the only factor you consider when choosing a financial institution. The bank or credit union you choose should also offer products and services that are convenient and align with your financial goals. If BECU offers what you need and you meet membership requirements, it may be worth the switch to take advantage of current BECU bonuses.

Information on promotions is accurate as of July 28, 2020. Additional requirements may apply. Offers and terms are subject to change.

This content is not provided by BECU.  Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by BECU.

This article has been updated with additional reporting since its original publication.

About the Author

Cynthia Paez Bowman is a personal finance writer with degrees from American University in international business and journalism. Besides writing about personal finance, she writes about real estate, interior design and architecture. Her work has been featured in MSN, Brex, Freshome, MyMove, Emirates’ Open Skies magazine and more.