Terms & Conditions



Velocity Credit Union - Refer-A-Friend Checking Account Offer:

The person making the referral (Referrer) will earn a $50 Mastercard® Virtual Reward for each individual referred (Referred Person) to Velocity Credit Union who registers for the offer, opens a new Velocity Credit Union personal checking account*, and completes the offer requirements within the time specified in the offer. To make a referral, the Referrer must register for the program and share the offer with their friends, family, or coworkers. A Referrer may earn up to $500 in Mastercard Virtual Rewards within a calendar year. Only one Referrer may receive a Mastercard Virtual Reward for each Referred Person who fulfills the requirements.

To earn a $50 Mastercard Virtual Reward, the Referred Person must register by following the link provided in the referral email or on social media, open a new Velocity Credit Union personal checking account, and meet the following requirements within 60 days of account opening:

  • Complete ten (10) or more debit and/or credit card transactions (excluding ATM transactions), AND
  • Complete one (1) electronic deposit of $250 or more (ACH, Mobile Deposits, Zelle Deposits)

The Referrer authorizes the sending of communications to each Referred Person. The email may not be recovered if the person has “opted out” of marketing material from Velocity Credit Union or ReferLive. Each person who registers at ReferLive authorizes future communications including emails regarding the program unless they “opt out” by making an election at ReferLive or within such email. The Referred Person acknowledges that a Mastercard Virtual Reward will be issued to the Referrer after all conditions have been met in the time frames provided. This offer can be changed at any time without notice.

Velocity Credit Union employees are ineligible to participate in this offer. Velocity Credit Union members under the age of 18 are ineligible to participate in this offer. Velocity Credit Union Access Checking account is an ineligible personal checking account.

Please allow 2-3 weeks after completion of all requirements for delivery of the Mastercard Virtual Reward. The Mastercard Virtual Rewards are subject to Terms and Conditions delivered with the reward. Virtual Rewards may be reported as income to the IRS.

*New membership required. Existing memberships are ineligible.

Mastercard is a registered trademark of Mastercard, Inc. Mastercard is not a participant or sponsor of this promotion.

Federally Insured by NCUA.