If you're in Alabama or Tennessee and looking for a solid credit union with a long history, Redstone Federal Credit Union has two sweet deals running right now. The big one is a $600 bonus for opening a new personal checking account, and there's also a $200 bonus for setting up a youth savings account for a child or teen. Both offers are live, but they won't last forever—so let's break down exactly what you need to do to snag that cash.
How the $600 Checking Bonus Works
This one's pretty straightforward. You just need to open your very first Redstone checking account using the promo code YES600. After that, log into online banking at least once and make ten debit card purchases within the first 60 days. That's it—no direct deposit required, which is a nice change of pace from many bank bonuses.
One thing to note: you'll need to open a primary savings account on the same day you open the checking account, and you'll need to put in at least $25 to get the checking account started. The bonus itself lands in your account within 150 days, but Redstone says it'll be there no later than May 5, 2026. So you might have to wait a bit, but $600 is worth the patience.
- Use promo code YES600 when opening your first checking account.
- Log into online banking and make 10 debit card purchases within 60 days.
- No direct deposit needed—just those 10 POS transactions.
- Bonus posted within 150 days, guaranteed by May 5, 2026.
The $200 Youth Savings Bonus: A Great Way to Start Kids Off Right
If you've got a child or teen under 18, this is a fantastic opportunity to teach them about saving while earning a nice bonus. From now until October 11, 2025, Redstone will match the average daily balance in a new youth savings account—up to $200. So if you deposit, say, $200 and keep it there for 30 days, you'll get another $200 from the credit union.
To get started, just use the code YOUTH when opening the account. You'll need a minimum $5 deposit. The bonus is deposited within 150 days, but no later than December 10, 2025. This offer is normally only for kids up to age 12, but they've extended it to 17 for this promotion, so don't miss out.
- Open a youth savings account with code YOUTH by October 11, 2025.
- Redstone matches the average daily balance over 30 days, up to $200.
- Minimum $5 deposit to open the account.
- Bonus deposited within 150 days, guaranteed by December 10, 2025.
What to Watch Out For
Before you jump in, there are a few things to keep in mind. First off, membership eligibility isn't universal—you need to live or work in certain areas of Alabama or Tennessee, or be part of a qualifying partner group. Check the official site to see if you qualify.
Also, remember that you can only use each promo code twice per household. And if you close the account before the bonus is paid, you won't get the money. Monthly maintenance fees vary by account type, but they can be waived if you meet certain conditions—so be sure to ask about that when you open the account.
Finally, the $600 bonus is for first-time checking account holders only. If you've had a Redstone checking account in the last five years, you're out of luck. But if you're new, this is a solid deal.
- Check membership eligibility—not everyone qualifies.
- Promo codes can only be used twice per household.
- Account must remain open until bonus is paid.
- Monthly fees may apply but can be waived.
Bottom Line
- The $600 checking bonus is one of the better offers out there with no direct deposit requirement.
- The $200 youth savings bonus is a rare chance to earn a match on a kid's account—great for teaching savings habits.
- Both offers have clear, achievable requirements, but watch the expiration dates and eligibility rules.
Common Questions
Can I get both the $600 checking bonus and the $200 youth savings bonus?
Yes, as long as you meet the requirements for each. They are separate promotions, so you can take advantage of both if you're eligible.
What if I don't live in Alabama or Tennessee? Can I still join?
Membership is primarily for those in AL and TN, but you may qualify through a partner group or by being a member of certain organizations. Check the official eligibility page for details.
How long does it take to get the bonus?
For the checking bonus, it's typically within 150 days, but no later than May 5, 2026. For the youth savings bonus, it's within 150 days, but no later than December 10, 2025.
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