New Client Welcome Bonus Promotion
The New Client Welcome Bonus Promotion consists of the following cash bonus opportunities:
New BlueShore Personal Clients
Up to $600 cash bonus as follows:
- Chequing: $300 for opening a new Premium or Unlimited chequing account
- Savings: $150 for opening a new Premium Savings account
- Credit: $150 for opening a new World Elite Mastercard
New BlueShore Business Clients
Up to $900 cash bonus as follows:
- Chequing: $500 for opening a Business Unlimited account or $300 for Business Chequing 20, 40, or 60
- Savings: $300 for opening a new Premium Business Savings account
- Credit: $100 for opening a new World Elite Mastercard for Business
To receive the Savings or Credit bonus, you must have an eligible chequing account as specified above. To receive the New Client Welcome Bonus, you must meet all New Client Eligibility Requirements and complete New Client Qualifying Criteria set out below.
New Client Eligibility Requirements
The New Client Welcome Bonus Promotion is open to any resident of British Columbia who is at least 19 years of age and is not currently and has not been a client of BlueShore Financial Credit Union for a period of at least 2 years prior to opening their BlueShore chequing account.
New Client Qualifying Criteria: To earn the New Client Welcome Bonus, you must complete all of the following steps:
- Become a member of BlueShore Financial Credit Union and open a new personal or business chequing account.
For new personal banking clients:
a. Open an Unlimited or Premium Chequing account AND
Set up a direct deposit with 3 consecutive deposits (i.e. payroll or pension) AND
Complete either two pre-authorized payments within 120 days of membership opening (i.e. mortgage or rent payments), OR two bill payments of at least $50 each within 120 days of membership opening (i.e. phone or utility bill).b. Open a new Premium Savings account AND deposit at least $3,000 within 90 days of membership opening.
c. Activate a new World Elite Mastercard within 90 days of membership opening.
For new business banking clients:
a. Open a Business Chequing 20, 40, 60 or Unlimited account AND
Set up two bill payments of at least $50 each within 120 days of membership opening (i.e. phone or utility bill) AND
Complete at least 12 transactions in the first 120 days.b. Open a Premium Business Savings account AND deposit $3,000 within 90 days of membership opening.
c. Activate a new World Elite Mastercard for Business within 90 days of membership opening.
New Client Promotion Payout: The New Client Welcome Bonus will be deposited to your BlueShore Eligible Account after 120 business days from membership opening and within 30 to 60 business days of you fulfilling the Qualifying Criteria. “Eligible Account” means the personal or business chequing account you hold at BlueShore Financial.
New Client Promotion Limits: Each individual is limited to one New Client Welcome Bonus in their lifetime. For joint accounts, each New Client who has the required number of membership shares (25 shares) and individually satisfies the Qualifying Criteria is eligible to receive the Bonus. The New Client Welcome Bonus is not transferrable or assignable. No substitutions will be permitted.
Existing Client Referral Bonus Promotion
The Existing Client Referral Bonus Promotion consists of a $100 cash bonus for each new client that you (the “Referring Client”) refer to BlueShore Financial who;
- meets the New Client Eligibility Requirements and
- completes the New Client Qualifying Criteria set out above (a “Referred Client”)
Referred Clients may participate in the New Client Welcome Bonus Promotion.
To receive the Existing Client Referral Bonus, you must meet all the Eligibility Requirements and complete the Qualifying Criteria set out below.
Existing Client Referral Bonus Eligibility Requirements: The Existing Client Referral Bonus Promotion is open to any BlueShore Financial member in good standing, aged 19 or older.
Referral Bonus Qualifying Criteria: To earn the Referral Bonus, you must share your name and email address that you have on file at BlueShore Financial with your friends and family members in accordance with these Terms and Conditions. Each new client you refer must provide this information at the time of opening their BlueShore account.
Once the new client completes the Qualifying Criteria for the New Client Welcome Bonus set out above, the Existing Client Referral Bonus is also paid.
Referral Bonus Promotion Payout: The Existing Client Referral Bonus will be deposited to your BlueShore Eligible Account (chequing or savings) via electronic funds transfer within 120 business days of BlueShore Financial confirming that the New Client has fulfilled the Qualifying Criteria for their own New Client Welcome Bonus. The Existing Client Referral Bonus is not transferrable or assignable. No substitutions are permitted.
Due to the confidential nature of the membership application and account opening process, you will not be notified of the status of any individual applications of persons referred by you. You will be only be notified when a Referral Bonus is paid to you.
Referring Client Promotion Limits: The maximum Referral Bonus funds that you may receive during your lifetime is $1,000. Once you have reached this maximum, you will not be entitled to receive any further Client Referral Bonuses for additional Referred Clients.
BlueShore Financial reserves the right to withdraw, extend or change this offer at any time without notice. BlueShore Financial may, in its discretion, change, supplement or amend these Terms and Conditions from time to time by posting amended Terms and Conditions. Decisions of BlueShore Financial regarding any and all aspects of the Promotions are final and binding on all participants.