How does up to $500 sound? It could be yours! From October 1 to December 18, you can earn a reward when you deposit new funds from external accounts to Chevron Federal Credit Union.*
It’s effortless: Opt in, bring in new deposits from outside accounts, maintain funds for 90 days, then earn your reward!
Look for the opt-in link in your email.
You can also call us at 866-301-1055 or visit any branch.
The More You Deposit,
the More You Can Earn!*
Make the move. Relax, then earn.
How it works
Before the offer starts on October 1, we establish your starting balance. After you opt in, you have 10 days to bring additional funds to Chevron Federal Credit Union. The amount you add above your starting balance determines which reward tier you qualify for.
Maintain the required balance for 90 consecutive days through the Maintenance Period, and you’ll receive the cash reward for your qualifying tier.
EXAMPLE TIMING
| Opt In Date | Funding Period | Holding Period |
|---|---|---|
| October 1 | October 2 – October 11 | October 12 – January 9 |
| November 15 | November 16 – November 25 | November 26 – February 23 |
Good to know: Your qualifying deposit amount is measured against your September 30, 2026, balance, not your balance on the day you opt in. New members start with a balance of $0.
Your cash reward timeline:
Don’t miss your bonus! Look for the opt-in link in your email. You can also call us at 866-301-1055 or visit any branch.
Your Money Works Harder Here
Why keep it somewhere else? At Chevron Federal Credit Union, we’re fueled by your success. This bonus offer is one more way we thank you for your trust in us as your financial partner.
Effortless Earnings Savings Event FAQs
Getting Started
Who is eligible for this offer?
Members age 18 and older who are in good standing may participate. If you are not currently a member, you may become eligible by opening a new membership during the offer period and opting in to the offer.
How do I opt in?
You must opt in between October 1, 2026, and December 18, 2026, by clicking the opt-in link sent to your email, calling us at 866-301-1055, or visiting a branch.
How do I earn a cash reward?
To earn a reward, you must:
- Opt in to the promotion between October 1 and December 18, 2026
- Deposit new money from other financial institutions or sources within 10 days after opting in
- Maintain the qualifying new money balance for 90 consecutive days after your 10-day Funding Period ends
Your reward is based on the amount of qualifying new money you deposit during your 10-day Funding Period and maintain during your 90-day Maintenance Period.
Can the same membership be opted in more than once?
No. Each eligible membership may participate in the offer only once.
If you do not meet the funding requirements by the end of your 10-day Funding Period, or if you lose eligibility during your 90-day Maintenance Period by allowing your balance to fall below the required amount, you cannot opt in to the offer again.
Understanding Rewards
What's the minimum deposit required to earn a reward?
Your reward is based on the amount of qualifying new money you deposit during your 10-day Funding Period and maintain during your 90-day Maintenance Period:
- Deposit $10,000 to $24,999.99 – earn $100
- Deposit $25,000 to $49,999.99 – earn $150
- Deposit $50,000 to $99,999.99 – earn $250
- Deposit $100,000 or more – earn $500
What is considered "new money"?
New money is funds deposited from outside Chevron Federal Credit Union or Spectrum Credit Union.
Money already on deposit with either Credit Union does not qualify. Internal transfers and interest earned on your account(s) do not count as qualifying new money.
How is my qualifying new money balance determined?
For existing members, your qualifying new money balance is based on the increase in your membership's total deposit balances compared with your September 30, 2026, starting balance.
For new members, your starting balance is $0.
Funding Your Account
How long do I have to deposit funds after opting in?
After you opt in, you'll have 10 calendar days to deposit qualifying new money into your membership. This is your 10-day Funding Period.
Can I make multiple deposits during the 10-day Funding Period?
Yes, you can make multiple deposits to reach the required deposit for each reward tier. All eligible deposits must be made during the 10-day Funding Period.
Do deposits made after my 10-day Funding Period count?
No. Only qualifying new money deposited during your 10-day Funding Period is used to determine your reward tier. Deposits made after your Funding Period ends will not increase your reward.
Can I move money out of my Chevron FCU account and put it back to qualify?
No. Funds withdrawn from Chevron Federal Credit Union or Spectrum Credit Union after September 30, 2026, and redeposited during your 10-day Funding Period are not considered new money.
I withdrew money before I opted in. How does this affect my eligibility?
For existing members, your qualifying new money balance is compared against your membership starting balance on 9/30/26 to determine your reward tier. If you withdrew money after 9/30/26, you may be below your membership starting balance. In this case, you'll need to restore your starting balance by depositing funds in addition to your new money deposits.
For example, if your membership starting balance on 9/30/26 was $50,000 and you withdrew $10,000 on 10/5/26, you would need to deposit $20,000 to reach the $10,000 reward tier ($10,000 to restore your starting balance, and $10,000 in new money deposits).
Maintaining Your Balance
How long do I need to maintain my balance to earn a reward?
You must maintain the eligible new funds in your account for 90 consecutive days after your 10-day Funding Period ends. This is your 90-day Maintenance Period.
For existing members, you must maintain your September 30, 2026, starting balance plus the amount of qualifying new money required for your reward tier.
For new members, you must maintain the amount of qualifying new money required for your reward tier.
If I deposit more funds during the 90-day Maintenance Period, can I qualify for a higher reward?
No. To qualify for a higher reward tier, you must deposit enough qualifying new money during your 10-day Funding Period. New money added during the 90-day Maintenance Period will not increase your reward tier.
Can I move money between my accounts and still earn a reward?
Yes. You may move money between accounts within the same membership, including Checking, Savings, and Certificates, as long as your membership maintains the required balance throughout the 90-day Maintenance Period. Because memberships are tracked individually for reward calculations, moving money between memberships may or may not impact your reward eligibility depending on the balances within those memberships.
For existing members, the required balance is your September 30, 2026, starting balance plus the qualifying new money required for your reward tier.
For new members, the required balance is the qualifying new money required for your reward tier.
I deposited $10,000 but then I withdrew some money. Can I still qualify for the $100 bonus? What if I add money back?
If you are still within your 10-day Funding Period, you may deposit additional qualifying new money to reach the required amount.
If you drop below $10,000 during the Maintenance Period you will not be eligible for any reward, even if you add more money.
I deposited enough funds to qualify for the $500 reward, but then I withdrew some money. Can I still qualify for a lower reward?
If you are still in your 10-day Funding Period, you may deposit more funds to restore your eligibility for the higher reward tier.
If your new money balance falls below the $100,000 level during the 90-day Maintenance Period but remains high enough to qualify for a lower reward tier, you may still qualify for the lower reward, provided you meet all other requirements.
For example, if you qualify for the $500 reward tier but your balance later falls below the amount required for that tier while remaining sufficient for the $250 tier, you will qualify for the $250 reward.
If I drop to a lower reward tier during the 90-day Maintenance Period, can I deposit money and get the higher reward back?
No. If your balance falls below the required amount for a reward tier during the 90-day Maintenance Period, you cannot restore your eligibility for that higher tier by depositing additional money.
You may still qualify for a lower reward tier if your balance remains high enough and you meet all other requirements.
What are some other things I can do to stay eligible for a reward?
Make sure your membership maintains the required balance throughout the 90-day Maintenance Period.
If you have planned expenses or scheduled transactions, consider keeping additional funds in your membership to help prevent your balance from falling below the required amount.
If you have a Certificate, review How do I stay eligible for a reward if I have a Certificate?
If you have a joint account, review How could a joint owner affect my eligibility for a reward?
How do I stay eligible for a reward if I have a Certificate?
If you have a Certificate that will mature after September 30, 2026, during your 10-day Funding Period, or during your 90-day Maintenance Period, review your maturity instructions carefully. If Certificate funds are withdrawn to an external account, your membership's total balance may decrease and could affect your eligibility.
Moving Certificate funds into another Chevron Federal Credit Union Certificate or into a Checking, Savings, or Money Market account within the same membership will not reduce your total membership balance.
Joint Accounts and Multiple Memberships
If I have a joint account, does it qualify?
Yes. Eligible memberships for which you are an authorized signer may participate in the offer. Each qualifying membership may earn one reward.
How could a joint owner affect my eligibility for a reward?
Activity on any joint account, including withdrawals and deposits, can affect the membership's total balance and your eligibility for a reward. Make sure all joint owners are aware of your participation in the offer.
A joint owner may also opt in a shared membership. Once the membership is opted in, its 10-day Funding Period begins. If the membership does not receive enough qualifying new money during that Funding Period, it cannot be opted in again.
Can I opt in more than one membership to earn more rewards?
When you opt in to the offer, all eligible memberships associated with your membership relationship, including memberships for which you are an authorized signer, will be opted in.
Each eligible membership is tracked separately, and each may qualify for one reward if all offer requirements are met.
Can I open new memberships to earn more rewards?
If you are an existing member: No. New memberships opened by existing members during the promotional period will not be eligible to earn a reward.
If you are not currently a member: Yes. You may open a new membership during the promotional period and become eligible to participate, subject to the offer requirements.
Receiving Your Reward
How can I track the status of my reward?
Send us a secure message through Digital Banking, call us at 866-301-1055, or stop by any branch. We'll be happy to review your status.
When will I receive my reward?
If you meet all reward requirements, your reward will be deposited into your Primary Share account within 10 calendar days after the end of your 90-day Maintenance Period.
Will I have to pay taxes on my reward?
Rewards may be considered taxable income. Members are responsible for any taxes due, and Chevron Federal Credit Union will report promotional earnings as required by law.
Additional Questions
Where can I get help or learn more?
Call us at 866-301-1055 or stop by any branch for assistance. We're happy to help.
*Offer is limited to members age 18+ who are members in good standing (no active collections, fraud, or charge-offs, etc.) as of the date of opt-in. To be eligible, member must opt in to participate in the promotion by clicking the email link or contacting a branch or Call Center representative between October 1, 2026, and December 18, 2026. All of the member’s eligible memberships will be opted in. Each eligible membership will be tracked separately for purposes of the promotional payout. Individuals who are not current members may participate by opening a new membership during the promotional period. Existing memberships for which the member is an authorized signer are eligible. New memberships opened by existing members during the promotional period are not eligible to earn rewards.
Following opt-in, the member will have 10 calendar days to deposit new money into the opted-in membership. The end-of-day balance of all deposit accounts within an opted-in membership as of September 30, 2026, will be used to determine the membership’s starting balance. The amount of new money deposited during the 10-day funding period will be compared to the membership’s September 30, 2026, starting balance to determine the increase and corresponding reward tier. Funds withdrawn from Chevron Federal Credit Union or Spectrum Credit Union after September 30, 2026, and redeposited during the 10-day funding period will not be considered new money or eligible for a promotional reward. New money is defined as funds deposited from sources outside of Chevron Federal Credit Union or Spectrum Credit Union. Any additional funds deposited after the 10-day funding period will not be considered when determining the reward tier.
New funds must be maintained in the enrolled membership for 90 consecutive days following the end of the 10-day funding period. If the membership’s balance falls below the minimum balance required for the reward tier at any point during the 90-day maintenance period, the membership will no longer qualify for that reward tier. If the balance falls within a lower reward tier, the member may still qualify for the lower reward. Members may not deposit additional funds after the 10-day funding period to increase their reward tier.
An increase of $10,000 – $24,999.99 will earn a bonus of $100; an increase of $25,000 – $49,999.99 will earn a bonus of $150; an increase of $50,000 – $99,999.99 will earn a bonus of $250; and an increase of $100,000+ will earn a bonus of $500. Promotional funds will be credited to the opted-in membership’s Primary Share account within 10 calendar days after the 90-day maintenance period ends. Taxes due on incentives are the sole responsibility of the recipient. Chevron Federal Credit Union will report to the appropriate state and federal agencies as required by applicable law. Other restrictions may apply.
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