Find an updated list of Summit Federal Credit Union promotions, bonuses, and offers here.
Update 3/5/25: There’s currently a $150 savings bonus available through 3/31/25.
Summit Federal Credit Union Promotions Review
In 1941, three employees of the Rochester Telephone Corporation founded our credit union with a simple goal: to help members save and borrow at attractive rates in order to improve their lives. Over 75 years later, with a vastly expanded array of products and services, The Summit still holds that goal.
Their Board of Directors keeps them mindful of this mission; to have a diverse array of backgrounds and expertise helps guide The Summit’s management to ensure that their practices are in the best interests of the members. The annual report outlines these practices along with the financial results, and shows how they fulfilled their goals.
| Eligibility: To be a part of the credit union, be sure you meet one of the qualifications in the criteria. For more information, check out the membership eligibility section. |
I’ll go over Summit Federal Credit Union offers below.
Summit Federal Credit Union $150 Savings Bonus
- What you’ll get: $150 bonus
- Availability: NY (Bank Locator)
- Direct Deposit Requirement: None
- Credit Inquiry: Soft Pull
- Monthly Fees: See below
- How to earn it:
- Earn a $25 bonus when you open a new Summit Visa® Debit Card & RoundUp Savings account.
- Earn a $50 bonus when you make 20 point of sale purchases with your Summit Visa® Debit Card.
- Earn a $75 bonus when you reach your RoundUp Savings milestones.
(Expires 03/31/2025)
| CIT Bank Platinum Savings ($225/$300 Bonus + 4.10% APY). | Discover® Bank Savings (Up to $200 Bonus + 3.70% APY) |
| SoFi Checking & Savings ($325 Bonus + 3.80% APY) | Harborstone Credit Union Money Market (4.30% APY) |
Fine Print
- FEDERALLY INSURED BY NCUA.
- Membership eligibility required. Offer limited to members that have not had a debit card or RoundUp Savings account in the past 120 days or has been paid a checking/debit promotional bonus in the past 36 months.
- Limited to 1 cardholder per account (primary cardholder) for up to $75 with a new debit card and RoundUp Savings.
- You must complete the following to receive the maximum bonus of $75 with a new debit card and RoundUp Savings.
- To receive the one-time $25 debit card and RoundUp Savings opening bonus you must order a new debit card and open a RoundUp Savings account between 2/1/25 and 3/31/25.
- To receive the $50 bonus, you must complete 20 point-of-sale transactions post to your account by 5/31/25 and the card and account must remain open through 9/30/25.
- Please allow 4-6 weeks after meeting qualifications to receive your gift.
- Earn up to two special one-time bonuses totaling $75 that The Summit will deposit into your RoundUp Savings when your RoundUp Savings account reaches a balance of $250 ($25 bonus) and $500 ($50 bonus).
- The APY is 0.200% as of 2/1/25, and is subject to change at any time.
- Please refer to the RoundUp Savings account Terms and Conditions at summitfcu.org/roundup-terms.
- Cash bonus will be reported, and you will receive IRS Form 1099-INT.
- Any applicable taxes are the responsibility of the member.
- Offer subject to change at any time at our sole discretion without notice.
- The Account Maintenance Fee is waived if you meet certain conditions.
- See branch for details.
Summit Federal Credit Union $125 or $200 Checking Bonus (Expired)
- What you’ll get: $125 or $200 bonus
- Availability: NY (Bank Locator)
- Direct Deposit Requirement: None
- Credit Inquiry: Soft Pull
- Monthly Fees: See below
- How to earn it:
- To receive the $150 bonus with Premium Checking or $75 with Enhanced Checking, Digital Edge or Digital Freedom Spend Accounts, you must order a new debit card between 8/1/22 and 9/30/22.
- Have 20 point-of-sale transactions post to your account by 11/30/22 and the card and account must remain open through 5/31/23
(Expires 03/31/2023)
| KeyBank Checking ($300 bonus) | Chase Total Checking ($300 Bonus) |
| SoFi Checking and Savings Account ($325 Bonus) | |
Fine Print
- FEDERALLY INSURED BY NCUA.
- Membership eligibility required.
- Offer limited to members that have not had a debit card in the past 12 months.
- Limited to 1 cardholder per account (primary cardholder) for up to $125 maximum with Enhanced Checking, Digital Edge or Digital Freedom Spend Accounts.
- To receive the $125 with Enhanced Checking, Digital Edge or Digital Freedom Spend Accounts, you must order a new debit card between 2/1/23 and 3/31/23, have 20 point-of-sale transactions post to your account by 11/30/22, enroll for e-statements prior to the 20 point-of-sale transactions post to your account and sign up for direct deposit.
- Please allow 4-6 weeks after meeting qualifications to receive your gift.
- Cash bonus will be reported, and you will receive IRS Form 1099-INT.
- Any applicable taxes are the responsibility of the member.
- Offer subject to change at any time at our sole discretion without notice.
- The Account Maintenance Fee is waived if you meet certain conditions.
- See branch for details.
How to Avoid Monthly Fees
- Digital Edge: No monthly fees
- Digital Freedom: Waived with 10 Debit Card Transactions per month
- Enhanced Checking: Waived with Direct Deposit
- Premium Checking: Waived with Direct Deposit
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Bottom Line
These are all the current Summit Federal Credit Union promotions. Be sure to mention the unique promo codes for each account and meet all the requirements. Furthermore, if you are interested in this credit union this could be an opportunity for you. However, if you are just looking for nice sign up bonuses, there are better promotions out there.
For more current offers, check out our bank bonuses page. Compare Summit Federal Credit Union rates for CDs and Savings with our best rates for Savings and CD accounts.
Additionally be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
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