RELATIONSHIP REWARDS
Our rewards program is as easy as 1-2-3.
Know in Seconds:
How to earn points
Your rewards level
What rewards are available
How to Earn Points
Members can earn 1 point for each of the following:
(Max 3 points total)
Transacting
$500 Direct Deposit OR 25+
Checking Transactions (monthly)
Saving
$10K in Combined Investment6
and Deposit Balances
Borrowing
Current Mortgage, Home
Equity OR Auto Loan
Loyalty
20+ Years of Continuous Membership
What Level Am I?
Quickly know your Relationship Rewards level.
(Click on a level to see its benefits)
Rewards Member Benefits:
2 points
- Free Checking, with no minimum balance and no monthly service fees5
- Free services & member discounts
- .25% Rate discount on Consumer Loans1
- Cash back with Member Giveback Bonus2
- Non-Desert Financial ATM fee waivers
- Free custom checks
- Free money orders & cashier’s checks
- Free stop payments
- Up to $100 discount on Wills & Trusts4
FEWER FEES
We’ve eliminated two fees:
- Paper Statement Fee: Choose paper statements at no cost to you.
- Limited Membership Fee: Have as few (or as many) accounts with us as you’d like.
REWARDS YOU’LL LOVE
- Annual Member Giveback Bonus
- Loan and product discounts, fee waivers and more
- All Desert Financial members in your household count toward your Relationship Rewards level
FAQs About Relationship Rewards
General Program Information
Relationship Rewards is a free program that gives members rewards for growing their relationship with Desert Financial. Members earn points based on the depth of their relationship with us. Relationship Rewards is just one of the ways that we share success with our members!
Great news, you are already enrolled! All of our members are automatically placed in the program.
No, our rewards program is free for all members!
The goal of Relationship Rewards is to give back to members for their role in supporting Desert Financial. We strive to provide exceptional experiences through financial solutions that make lives better. We believe Relationship Rewards puts us in the best possible position to deliver this now and in the future.
View your Relationship Rewards status (if you are the Primary member) on your monthly statement and online banking account.
The simplified Relationship Rewards is as easy as 1-2-3!
- You’ll earn one point if you do 25+ checking account transactions OR have direct deposits totaling at least $500 to any one account during the month.
- You’ll earn one point if you have a total of $10,000 or more in combined investments6 and deposits (checking, savings, money market, etc.) with us.
- You’ll earn one point if you have a mortgage, home equity loan or auto loan with us.
BONUS: Members who have been with us for 20 years or more get an extra bonus point!
Now, simply add your points up.
- If you have 0-1 points, you are at the Member level.
- If you have 2 points, you are at the Rewards level.
- If you have 3 points, you are at the Rewards+ level.
Points System
Members can earn one point in each of the following categories:
- Transacting: Make 25+ checking account transactions OR have direct deposits totaling $500 or more to a single account
- Saving: Have $10,000+ in combined investment6 and deposit balances
- Borrowing: Have a current home equity, mortgage or auto loan with Desert Financial
- Bonus Loyalty Point: 20+ years of continuous membership
Monthly. Household points are calculated and updated on the first calendar day of each month.
Points are calculated on the first calendar day of each month (based on the services you have on the last calendar day of the previous month). Direct deposit and checking account transactions are calculated based on activity during the previous calendar month.
No. The point for direct deposit (max: 1 per household) can be earned by setting up a direct deposit of a minimum of $500 into a savings, checking or money market account.
The Loyalty Point is just a bonus point; it is not required to reach the top level of Relationship Rewards. This point is intended to help our longest-tenured members who may have borrowed in the past but no longer have that banking need.
Member Giveback Bonus
The Member Giveback Bonus is paid out in January or February and is based on your Relationship Rewards level in the previous year. Only primary members can qualify to receive a bonus.
To be eligible for the Member Giveback Bonus, you must be at the Rewards or Rewards+ level of Relationship Rewards for a minimum of six months (not necessarily consecutive) in the previous year. Only primary members can qualify to receive a bonus.
To increase the amount of cash you get back, do more of your banking with Desert Financial. For example:
- Use your Desert Financial debit card more frequently
- Refinance your existing loans at other financial institutions with Desert Financial
- Increase your deposit balances at Desert Financial
The amount you receive will be based on your Relationship Rewards level in the previous year and the average balances of your loans and deposit accounts with us. To be eligible for the Member Giveback Bonus, you must be at the Rewards or Rewards+ level of Relationship Rewards for a minimum of six months (not necessarily consecutive) in the previous year.
Benefits
Yes, if it is a mortgage loan, auto loan or home equity line of credit the new loan will be included in the products used to calculate your Relationship Rewards level for loan discounts. If you will be at the Rewards or Rewards+ level with the Borrowing Point that you would earn with the new loan, you will receive the loan discount for that level. For more details, refer to the Statements of Terms, Conditions and Disclosures link at the bottom of this page.
You can receive Rewards and Rewards+ level loan discounts on a home equity line of credit, titled loan (auto, RV, boat) or other consumer loan. Mortgage loans are not eligible for this discount.
Households
A household includes all Desert Financial members who reside at your address. Members of your household can view their Relationship Rewards status in Online Banking, or register for Online Banking if they have not already.
It’s our way of expanding benefits to include your entire family. For example, if you have a spouse or children with their own accounts, calculating at the household level ensures their accounts get the same benefits as yours do.
You can request to remove yourself from a household and create your own stand-alone household.
Need more details? View the Statements of Terms, Conditions and Disclosures here.
Relationship Rewards level displayed on this page is for illustrative purposes only. Actual level is contingent on product or service booked with Desert Financial or any of its subsidiaries, including Desert Financial Wealth Management, on the Evaluation date. Relationship Rewards level may change monthly. Restrictions apply. For full terms and conditions of this program, see the Statements of Terms, Conditions and Disclosures.
1For consumer and home equity loans, subject to credit approval and applies to new money loans. May not be combined with any other rate discounts or promotional offers.
2Must be Rewards Member, or Rewards+ Member for a minimum of six months per calendar year to be eligible for cash back. Additional restrictions apply. See Statements of Terms, Conditions, and Disclosures for full details.
3Up to $50 per checking account.
4Document preparation services are offered through Desert Financial Credit Union; an Arizona Supreme Court Certified Legal Document Preparation Business Entity (CLDP #81024). Legal document preparation services are not insured by the NCUA and have no credit union guarantee.
5Must open or convert to Free Checking product to qualify. Membership Checking may incur a fee in accordance with the Fee Schedule. Primary account holder must be 18 years or older and meet Desert Financial’s membership eligibility and credit qualification requirements, including opening a Membership Savings account with a minimum balance of $25. Checking is free; however, fees incurred — such as a stop payment or NSF fee — will apply. For complete terms and conditions, refer to the published Statements of Terms, Conditions and Disclosures booklet.
6Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC, and are not insured by credit union insurance, the NCUA or any other government agency, are not deposits or obligations of the credit union, are not guaranteed by the credit union, and are subject to risks, including the possible loss of principal. Desert Financial Credit Union and Desert Financial Wealth Management are not registered broker/dealers and are independent of Raymond James Financial Services, Inc. 13875 N. Northsight Blvd. | Scottsdale, AZ 85260, 602-336-5531
