Effective 1/6/2025
*The Stanford FCU Refer A Student program is available to Stanford FCU members age 17 and up. Bonuses are earned and paid after the referred student provides the referring member’s unique promo code at the time they join the credit union, then meets the membership eligibility and spending requirements described below.
The referring member will receive bonuses between $50 and $150 for each qualified referral as follows: $50 for the first referral, $75 for the second referral, $100 for the third referral, $125 for the fourth referral, $150 for the fifth referral and every referral after. To receive the higher payouts, the referred new students must all join within the same calendar year, although the spending qualifications may take up to 120 days and do not need to be achieved within the same calendar year. The timeline for referrals will reset each January 1st with the first referral of the new year earning $50 regardless of how many referrals occurred the prior year.
The Refer A Student promo code is unique to the referring member, and can be used by an unlimited number of referred new students. An existing member can refer an unlimited number of new students. A referred student may only receive one new member bonus regardless of the number of accounts or memberships opened. If the promo code is not used and the referring member was not identified at the time of account opening, no bonus will be awarded to either member.
Stanford FCU reserves the right to modify or cancel this program without notice. However, any cancellation or modification will not affect bonuses for accounts already opened that have not yet met the requirements. Stanford FCU employees, family members and volunteers are not eligible. Bonuses will not be paid for members who live in the same household. We reserve the right to disqualify any referrals in circumstances where we reasonably believe they were not sent to us in good faith.
The bonuses will be deposited into the accounts of both the referring member and the new student the day after the new student meets the requirements. Any taxes due on the bonus deposits are the sole responsibility of the recipient. Stanford FCU will report all bonus deposits to the appropriate state and federal agencies as required by applicable law. This offer cannot be combined with any other Stanford FCU promotional offers. This offer is invalid if the referred student had a Stanford FCU account that was closed within the last two years. Accounts are subject to all terms and conditions set forth in the current Important Account Information for Members Booklet, the Disclosure Fee Schedule, and the specific loan account disclosures.
**Referred new students can earn up to $150 with the $50 Refer A Student bonus and up to $100 in new student member offers.
$50 Refer A Student program: The referred new student will receive a $50 bonus regardless of the bonuses earned by the referring member. In order for the referring member and the referred student to receive the bonus, the referred new student will need to open a Student Spending (checking) account with the promo code and spend a minimum $200/month on their debit and/or credit cards for the first three consecutive months from account opening.
$100 new student member offers: The $100 new student member offers are managed by Cashback+ within Digital Banking. To qualify for an offer’s reward, each offer must be activated and completed within the eligibility period. The eligibility period begins on the date of membership enrollment and continues for 120 days. The expiration of each offer is clearly displayed within CashBack+. Each offer is earned independently. Completion of all offers is not required to receive an individual reward. Any activity after the eligibility period ends will not qualify. All offers, requirements, and rewards are subject to change without notice. Rewards will typically be credited to the member’s Cashback+ wallet on the fifth day after the end of the month in which all offer requirements were fulfilled. For example, if an offer is activated and the requirement is met on March 15 then the reward will be credited no later than April 5. If an offer is activated and the requirement is met on March 31, then the reward will be credited no later than April 5. The new membership account(s) must be open, active, and in good standing at the time rewards are credited in order to receive the reward. Cashback+ balances can be redeemed or transferred to a Stanford FCU account via Digital Banking. New student member offers are not available to existing student members. New student member offers are limited to one per member and are not applicable to additionally opened or joint accounts. No offer may be combined with any other Stanford FCU promotion. Any taxes owed on earned rewards are the sole responsibility of the recipient. Stanford FCU will report rewards to applicable state and federal agencies as required by law. Membership eligibility and a valid U.S. phone number are required. New student member CashBack+ offers available to new student members who open a Student Spending account beginning 2/2/26: 1. $25 when you apply for a Stanford FCU credit card. 2. $25 when your parent signs up for Proud Parent Perks. 3. $10 when you open a Student High Yield Savings account. 4. $10 when purchase a CashBack+ gift card. 5. $10 when you send money through Zelle® for the first time. 6. $10 when you enroll in eStatements to receive electronic statements and notifications. 7. $10 when you set up savings Round Up.
