Valley First Credit Union
Valley First Credit Union Purple Checking $250 Bonus
Valley First Credit Union pays $250 for a new Purple Checking account. Set up a recurring monthly direct deposit of at least $750 of net pay or Social Security or retirement benefits and enroll in Online Banking and eStatements. The bonus lands 100 calendar days after opening. No monthly service fee and no minimum balance. Membership costs $30 ($25 deposit plus $5 fee). Listed for California.
- Bonus amount
- $250
- Expires
- Not listed
- Time to complete
- ~30 days
- Paid after opening
- ~100 days
- Difficulty
- Easy
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Requirements
Last verified: Nov 9, 2026
Open a Purple Checking account
Open a new Purple Checking account online or at a Valley First branch. Membership needs a savings account with a $25 deposit plus a one-time $5 fee. Listed for California, where Valley First has its branches.
$750 monthly direct deposit
Set up a recurring monthly direct deposit of net pay, Social Security or other retirement benefits of at least $750 to the new Purple Checking account.
Enroll in Online Banking and eStatements
Enroll in Valley First Online Banking and eStatements.
Valley First credits the bonus to Purple Checking 100 calendar days after account opening, if the conditions are met and you are current on all obligations to the credit union.
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Account Details
Valley First credits the bonus 100 calendar days after opening if you are current on all obligations to the credit union.
Eligibility
Not available to anyone who is or has been a party to a Valley First checking account during the previous 12 months.
- Listed for California, where all Valley First branches are. The application's first screen does not say who can open online, so out-of-state approval is unknown.
- Membership needs a savings account with a $25 deposit plus a one-time $5 fee. Join through an employer or association, a family or household member, or the Financial Fitness Association (Valley First pays the first year).
- Cannot be combined with any other offer.
Tips & Gotchas
- Valley First has branches only in California, and its application doesn't say whether out-of-state applicants are accepted. Plan on it being a California offer.
- Membership costs $30 up front: a $25 savings deposit you keep plus a $5 one-time fee.
- It has to be real direct deposit of net pay or Social Security or other retirement benefits. Transfers won't do it.
- The bonus arrives 100 calendar days after opening. Stay current on anything you owe Valley First or it won't credit.
Can You Earn This Bonus Again?
Fine Print
Available as of October 1, 2026; subject to change or cancellation without notice. Not available to individuals who already are or have been a party to a Valley First checking account during the previous 12 months. Bonus credited to Purple Checking 100 calendar days after opening if these conditions are met: setup of recurring monthly direct deposit of net pay, social security or other retirement benefits of at least $750 to the Purple Checking account; enrollment in Online Banking and E-statements; current on all obligations to Valley First. Cannot be combined with any other offer.
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.
What is rechurning?
Opening an account at the same bank again after a waiting period to earn the bonus a second (or third) time.
Also see: this month's best bank bonuses and community DD data points.
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