It pays to be a member at Cobalt Credit Union.
We value our members and want to reward you for choosing Cobalt! That’s why we're offering you a chance to earn up to $500 cash back when you use select Cobalt products and services.
Whether you need a checking account, an auto loan, a personal loan, or a home equity loan or line of credit, we have you covered. The best part is the more you use our products, the more you earn - it all adds up! Don’t miss this limited-time opportunity to get the most out of your membership.
Open a brand new Cobalt Elite or Cobalt Blue checking account.
EARN $200 CASH BACK 1
Finance a new auto loan or refinance an existing high-rate loan.
EARN $100 CASH BACK 2
Need extra cash for unexpected expenses? Take advantage of our personal loan.
EARN $100 CASH BACK 3
Unlock your home's hidden potential with a Home Equity Loan or Line of Credit.
EARN $100 CASH BACK 4
Frequently Asked Questions: Membership Pays
- When should I expect to receive the Cash Bonus after meeting the requirements of the promotion?
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Once you have completed all the promotional requirements pertaining to the account or loan, the cash bonus will be deposited into your membership share account on or around the first of the following month.
- Will opening a Free Checking Account qualify for the $200 Cash Back bonus?
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Only a new Cobalt Blue or Elite Checking Account qualifies for $200 Cash Back as part of this promotion.
- Are auto loans financed through Cobalt at a dealership eligible for a $100 Cash Bonus?
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This promotion is only valid for auto loans approved directly through Cobalt Credit Union. Auto loans financed through Cobalt at a dealership are ineligible.
- Will opening a personal line of credit qualify for this promotion?
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While a new fixed personal loan qualifies for $100 Cash Back as part of this promotion, personal lines of credit are excluded.
1 Limited time offer. Offer subject to change without notice. Offer not available to existing Cobalt members or those whose membership share accounts have been closed within the last 90 days. In order to receive the $200 bonus, you must establish membership with Cobalt Credit Union by opening a membership share account and fulfill the following requirements: (1) have a total of $500 in direct deposit(s) into a Cobalt account within 90 days of account opening, (2) enroll in e-statements, and (3) for the Cobalt Elite checking account, have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post and clear within 90 days of account opening. All qualifications must be met within the first 90 days of account opening. The bonus will be deposited into your membership share account within 90 days of meeting all account requirements. The bonus is not available for existing Cobalt Blue or Cobalt Elite Checking members who have closed a Cobalt Blue or Cobalt Elite Checking account within the past 90 days. The bonus will be reported to the IRS as dividends earned. Other restrictions may apply. Checking accounts annual percentage yield (APY): Cobalt Elite Premium APY of 3.25% on balances up to $20,000 if account-specific qualifications are met and 0.15% APY on dollar amounts above $20,000 or account-specific qualifications are not met. Must maintain minimum average daily balance of $2,500 to receive Cobalt Elite Premium APY. Cobalt Blue 1.50% Premium APY on balances up to $10,000 if account-specific qualifications are met and 0.15% APY on dollar amounts above $10,000 or account-specific qualifications are not met. The minimum opening balance to open any checking account and obtain the bonus is $25. APY accurate as of 07/01/2023. Fees may reduce earnings. Offer only valid with promo code MBR2024. Cobalt employees are excluded from this offer. Other restrictions may apply.
2 Offer available for applications submitted on or after 1/9/24. Limited time offer. Offer subject to change without notice. Offer not available to existing Cobalt members or those whose membership share accounts have been closed within the last 90 days. In order to receive the $100 bonus, membership must be established with Cobalt Credit Union by opening a membership share account. Loan subject to approval. If approved, the $100 bonus will be deposited into the membership share account of the loan's tax-reported owner within 90 days after loan consummation. The bonus will be reported to the IRS as dividends earned. Minimum loan amount of $10,000 required to receive bonus. First payment due up to 90 days after loan consummation. Loan subject to credit approval. Offer only valid with promo code MBR2024. Indirect auto loans are excluded from this offer. Cobalt employees are excluded from this offer. Other restrictions may apply.
3 Offer available for applications submitted on or after 1/9/24. Limited time offer. Offer subject to change without notice. Offer not available to existing Cobalt members or those whose membership share accounts have been closed within the last 90 days. In order to receive the $100 bonus, membership must be established with Cobalt Credit Union by opening a membership share account. Loan subject to approval. Minimum loan amount is $1000 and maximum loan amount is $30,000. Minimum loan amount of $1000 required to receive bonus. If approved, the $100 bonus will be deposited into the membership share account of the loan's tax-reported owner within 90 days after loan consummation. The bonus will be reported to the IRS as dividends earned. Offer only valid with promo code MBR2024. Personal Lines of Credit are excluded from this offer. Cobalt employees are excluded from this offer. Other restrictions may apply.
4 Offer available for applications submitted on or after 1/9/24. Limited time offer. Offer subject to change without notice. Offer not available to existing Cobalt members or those whose membership share accounts have been closed within the last 90 days. In order to receive the $100 bonus, membership must be established with Cobalt Credit Union by opening a membership share account. Loan subject to approval. If approved, the $100 bonus will be deposited into the membership share account of the loan's tax-reported owner within 90 days after loan consummation. The bonus will be reported to the IRS as dividends earned. Loans and lines of credit are available for Nebraska and Iowa properties within Cobalt Credit Union's lending area. Offer only valid with promo code MBR2024. Cobalt employees are excluded from this offer. Other restrictions may apply.
