New client welcome bonus & existing client referral bonus promotion.

The New Client Welcome Bonus and Existing Client Referral Bonus (defined below) are collectively referred to as the “Promotions”. The Promotions are administered by BlueShore Financial.

By participating in a Promotion, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.

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New Client Welcome Bonus Promotion

The New Client Welcome Bonus Promotion consists of the following cash bonus opportunities:

New BlueShore Personal Clients

  • $200 cash bonus for opening a new Premium or Unlimited chequing account.

New BlueShore Business Clients

  • $200 cash bonus for opening a new Business Chequing 20, 40, 60 or 120 account. 

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. Employees of BlueShore Financial are not eligible to participate.

New Client Qualifying Criteria: To earn the New Client Welcome Bonus, you must complete all of the following steps:

  1. Become a member of BlueShore Financial Credit Union and open a new personal or business chequing account.
  2. For new personal banking clients:
    1. Set up a direct deposit with 3 consecutive deposits (i.e. payroll or pension) AND
    2. Complete either two pre-authorized payments within 120 days of account opening (i.e. mortgage or rent payments), or two bill payments of at least $50 each within 120 days of account opening (i.e. phone or utility bill).
  3. For new business banking clients:
    1. Set up two bill payments of at least $50 each within 120 days of account opening (i.e. phone or utility bill) AND
    2. Complete at least 12 transactions in the first 90 days AND
    3. Maintain a positive balance for at least 120 days immediately after account opening.

New Client Promotion Payout: The New Client Welcome Bonus will be deposited to your BlueShore Eligible Account within 120 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;

  1. meets the New Client Eligibility Requirements and
  2. 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.