Frontwave Credit Union
Frontwave Credit Union Everyday Checking $350 Bonus
Frontwave Credit Union pays you $350 when you open new Checking and Savings accounts on the same day, enroll in eStatements, and set up $1,000+ in direct deposits within a single calendar month, within 90 days of account opening. Membership is limited to four Southern California counties or SEG/military affiliation.
- Bonus amount
- $350
- Expires
- Jan 31, 2027
- Time to complete
- ~90 days
- Bonus deposited in
- ~120 days
- Difficulty
- Medium
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Requirements
Last verified: Oct 7, 2026
Open an account
Open new Frontwave Checking and Savings accounts on the same day, subject to approval.
Enroll in eStatements
Enroll in eStatements as part of account opening.
Direct deposit $1,000+ within a single month
Set up recurring external direct deposits or ACH transfers totaling $1,000 or more, posting within a single calendar month, within 90 days of account opening. Transfers between Frontwave accounts do not qualify.
The $350 bonus is deposited into the new Savings account within 120 days of account opening once requirements are met.
Account Details
- No monthly fee with eStatements enrollment
Eligibility
New members only; excludes anyone with a Frontwave account closed in the past 18 months.
- Must live, work, or attend school in San Diego, Riverside, Imperial, or San Bernardino county, OR qualify via a Select Employer Group (SEG) or military affiliation.
Tips & Gotchas
- →You must open BOTH a Checking and a Savings account on the same day; opening checking alone does not qualify.
- →The $1,000 in direct deposits must post within a single calendar month, not spread across two months (two $500 paychecks in the same month qualifies).
- →Gig-worker payouts via debit card or wallet apps (PayPal, DasherDirect) do not count; only standard direct deposit/ACH does.
- →A separate $100 referral-only Frontwave offer exists; this is the plain new-member offer.
- →Regional membership (4 Southern California counties, or SEG/military) -- ranks below nationwide offers.
Direct Deposit Data Points 3
3 community reports across 1 transfer source, showing what triggers a qualifying direct deposit at Frontwave Credit Union.
View all Frontwave Credit Union direct deposit data points →
Can You Earn This Bonus Again?
Fine Print
Open new Frontwave Checking and Savings accounts within the same day (subject to approval), enroll in eStatements, and set up recurring external direct deposits or ACH transfers totaling $1,000 or more posting within a single calendar month, within 90 days of account opening. The $350 bonus deposits into the Savings account within 120 days. Offer effective August 1, 2025 through January 31, 2027. New members age 18+ in San Diego, Riverside, Imperial, or San Bernardino county, or via SEG/military affiliation. Not available to anyone with a Frontwave account closed in the past 18 months. Verified on frontwavecu.com 2026-09-16.
Taxable income · Reported on 1099-INT
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
Usually no. At most banks a Zelle payment arrives coded as peer-to-peer and will not trigger the bonus. Citi is the clear exception. Its Enhanced Direct Deposit terms name Zelle as a qualifying deposit, and every Zelle report we have from Citi got paid.
Do Bank Bonuses Show Up on a 1099-INT?
Yes. Bank bonuses are taxable income. Once you earn $10 or more from a single bank in a calendar year, the bank sends a 1099-INT and you report it as ordinary income on your tax return.
Also see: this month's best bank bonuses and community DD data points.
We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money