YNCU’s Bank to Play $30K Giveaway
Terms and Conditions
The YNCU New Member Promotional Offer (the “Offer”) is provided by Your Neighbourhood Credit Union Limited (“YNCU”) and is available to eligible individuals who become new YNCU members during the Offer Period.
1. Offer Summary
Eligible new members will, subject to the terms and conditions herein, receive:
- $0-fee Simply Plus Chequing account (“Premium Chequing”) for a period of six (6) months, and
- A 0.10% (10 basis point) interest rate discount on an eligible YNCU mortgage (subject to qualification timing; see Section 5)
2. Offer Period
The Offer is available from April 13, 2026 to October 30, 2026 (the “Offer Period”), unless extended, modified, or withdrawn by YNCU in its sole discretion.
3. Eligibility
To qualify for the Offer, individuals must complete the following during the Offer Period:
- Open a Simply Plus Chequing account
- Fund the required $5 membership share
- Be a resident of Ontario and meet YNCU’s standard membership criteria
This Offer is not available to existing YNCU members.
“New member” means an individual who does not currently hold, and has not held within the past [12] months, a YNCU personal banking account as a primary account holder.
4. Premium Chequing Offer (Simply Plus Chequing)
- The “Premium Chequing” account referenced in this Offer is YNCU’s Simply Plus Chequing account
- Eligible members will receive no monthly account fees on the Simply Plus Chequing account for six (6) months from the date the account is opened (the “Promotional Period”)
- After the Promotional Period ends, the account will revert to standard Simply Plus Chequing pricing and terms
- Additional service fees (including but not limited to overdraft, NSF, wire transfers, or non-standard transactions) will still apply during the Promotional Period.
- Account must remain open and in good standing throughout the Promotional Period to maintain the Offer
- Features and benefits of Simply Plus Chequing are subject to change. See yncu.com for full account details.
This Offer cannot be combined with other chequing account promotions unless otherwise stated.
5. Mortgage Rate Discount Offer (10 BPS)
- Eligible members may receive a 0.10% (10 basis point) interest rate discount on a new YNCU mortgage
- To qualify, both application and funding must occur within six (6) months of becoming a new member during the Offer Period
- The interest rate discount, if applied, will remain in effect for the full term of the eligible mortgage
- Available only on approved credit and eligible mortgage products
- This Offer cannot be combined with certain other mortgage promotions, unless otherwise permitted by YNCU
All mortgages are subject to YNCU’s standard lending criteria and approval processes. In case of an inconsistency between the terms herein and the signed mortgage agreement, the signed mortgage agreement terms shall prevail.
Eligible mortgage products are determined by YNCU in its sole discretion.
6. General Conditions
- The Offer has no cash value and is non-transferable
- Limit of one Offer per new member
- The Offer may be modified, extended, or withdrawn at any time without notice, at YNCU’s sole discretion
- YNCU reserves the right to refuse, limit, or revoke the Offer where it determines the Offer is being used in a manner inconsistent with its intent, including where fraudulent, abusive, or suspicious activity is identified
- YNCU may verify eligibility and compliance with these Terms and Conditions at any time.
7. Relationship to Contest
Participation in this Offer does not guarantee entry into the Bank to Play $30K Giveaway contest. Contest entry is subject to separate eligibility requirements and official contest rules.
8. Additional Terms
All YNCU products and services are subject to standard account agreements, disclosures, and applicable laws. Additional terms and conditions may apply.
Disclaimers
Master Disclaimer
New members only. $0-fee Simply Plus Chequing (Premium Chequing) for 6 months. 0.10% mortgage rate discount available on eligible mortgages funded within 6 months of membership and applies for the full term. On approved credit. Terms and conditions apply. Offer may be changed or withdrawn at any time.
Short Disclaimer
New members only. $0-fee Simply Plus Chequing for 6 months and 0.10% mortgage rate discount on eligible mortgages. On approved credit. Terms and conditions apply. Offer may change.
Mortgage Only Disclaimer
0.10% mortgage rate discount available to eligible new members on approved credit. Mortgage must be funded within 6 months of membership. Discount applies for the full term. Terms and conditions apply. Rates and offers subject to change without notice.
Chequing only Disclaimer
$0-fee Simply Plus Chequing available to eligible new members for 6 months. Standard fees apply after the promotional period. Additional service fees may apply. Terms and conditions apply.
