Passport Special Offers
BECU partners with Passport and your employer to bring you special deals.
Home Equity Line of Credit (HELOC) Offer
Check off your renovation wish list with a BECU home equity line of credit. Now through March 31, you can earn a $150 bonus when they apply for and open a new HELOC of $25,000 or more.1 Use promo code PASSHELOC when you apply.
What Is a HELOC?
A home equity line of credit (HELOC) can help you make progress on goals such as paying for home repairs or renovations, consolidating debt, building your emergency fund and more. HELOCs are tied to the equity in your home, so they may deliver better rates than credit cards or personal loans.
How It Works
- Apply for the funds you need by tapping into equity from your home.
- Funds are withdrawn during a draw period.
- You have the option to delay principal payments until the payback period. (Monthly interest-only payments still required.)
HELOC Features and Benefits
- Get rates that are typically lower than personal loans and credit cards.
- There's no application fee.2
- Loans up to $500,000.
- No origination fee.
- No appraisal costs, title insurance fees, document mailing fees or pre-payment penalty fees.
How To Apply
Apply online by clicking the link below. Remember to use promo code PASSPORTHELOC.
You can also make an appointment to apply in person at your nearest BECU location, or call us at 800-233-2328.
Not a member? You can apply for membership and see how you can save more.3
Offer valid 1/1/2024 to 3/31/2024.
Passport Mortgage Offer
Do you have Passport as a benefit through your employer? You can access money-saving benefits when you buy or refinance a home through BECU.
Enjoy these cost-cutting benefits by financing with BECU:
- Get up to $500 in credit toward closing costs.4 Simply set up automatic payments from your BECU account to qualify.
- Pay no origination fee on most loans when you apply through BECU, potentially saving you thousands of dollars.
- Save money on your loan payments. Our interest rates are competitive, and we charge few fees. An experienced and local mortgage advisor will help guide you every step of the way.
If you're planning on any of the following transactions or loan types, ask if you might qualify. Note: This excludes BECU's 12-Year, No-Fee Mortgage.
- Home purchases.
- Home refinances (including BECU mortgages).
- Investment properties with 1-4 units.
- Government loans like FHA, VA.
Plus, the BECU Home Rewards Program5 can help you save thousands more after closing. See how you can earn cash back on your real estate agent's commission.
First-Time Homebuyer Grant6
Eligible members may qualify for our First-Time Homebuyer Grant and earn up to 2% ($10,000 maximum) in down payment assistance. Be sure the mention this offer when you apply.
Offer valid July 1, 2023, through March 31, 2024.
New Member Offer
Passport members may be eligible to receive a $200 bonus for opening both a savings account and a checking account and meeting our simple transaction requirements.7
Transaction Requirements:8
Option A: Complete five or more qualifying actions from this list:
- Make a purchase using your BECU debit Mastercard®.
- Write a check or electronic check.
- Make a payment using BECU Bill Pay.
Option B: Deposit $500 or more into your checking account.
How To Apply
Apply online. Remember to use promo code PASSPORTMBR when applying.
You can also make an appointment to apply in person at your nearest BECU location, or call us at 800-233-2328.
Offer valid through 12/31/2024.
Related Links
1Financing is subject to BECU membership, credit approval, and other underwriting criteria; not every applicant will qualify. BECU must be able to perfect a first or second mortgage lien on your one-to-four family residence. Borrower will not have to pay any upfront fees to open the HELOC in normal circumstances. Borrower is required to pay for optional services (e.g., if borrower retains an attorney that borrower is not required to use). In South Carolina, where the law requires use of an attorney, BECU will be solely responsible for paying all attorneys' fees and costs necessary to open the HELOC and will perform this responsibility fully by paying all reasonable attorneys' fees and costs related specifically to the closing based on rates typically charged by attorneys in the local market for the closing of similar HELOC transactions. Additional state or local mortgage fees or taxes may apply. If the title report shows more than one existing lien, judgments, deceased owners, or other title issues, or if the appraisal shows problems with the subject property, then Borrower may be required to pay third parties to subordinate or otherwise resolve such title issues and/or to repair or otherwise resolve such property problems. These third-party charges may range from an average of $150 to $775 based on the specific circumstance. This range of charges does not include estimates for the costs of home repairs. Borrower will be required to pay for hazard insurance (including flood insurance, if applicable) throughout the term of the HELOC. When the HELOC terminates, Borrower will be required to pay a reconveyance fee at time of loan payoff. Loan programs, terms, and conditions are subject to change without notice. BECU will deposit $150 into your BECU savings account 60 days from the date the HELOC originates and may be reported to the IRS on form 1099MISC at year end. Your BECU account(s) must be open and in good standing at the time of promotion payout to receive the bonus deposit. BECU will not deposit bonus funds to closed account(s). This offer cannot be used to refinance, in whole or in part, any BECU home equity loan or line of credit. BECU employees are not eligible. Fixed Rate Advances obtained on existing HELOCs are also excluded from this offer. BECU reserves the right to terminate this offer at any time. Offer expires: 3/31/2024.
2During the HELOC draw period, your monthly payment will equal the amount of accrued interest, subject to the lesser of $100 or your outstanding balance. Because the minimum monthly payment during the draw period is interest only, your principal balance may not be reduced. At the end of the draw period, your monthly payment will increase and equal the amount of principal and interest necessary to pay off the loan balance by the end of the 180 month repayment period. Your payments during both the draw and repayment periods will not include amounts due for property taxes and insurance. The APRs for BECU's HELOCs are variable and are based on the highest Prime Rate as published in the Wall Street Journal on the last day of the previous month plus an applicable margin. Current HELOC rates range from 8.74% - 11.34% APR as of 1/1/2024 and are subject to change. The maximum APR that can apply to BECU's HELOCs is 18%. APRs do not include costs other than interest.
Boeing Employees' Credit Union NMLS ID 490518.
3Member share savings required to establish membership and not all will qualify.
4Important information about this offer. Offer available to Passport members. BECU employees are not eligible. Mortgage application must be received between July 1, 2023, through March 31, 2024. $500 credit is applied toward closing costs at loan closing with setup of automatic mortgage payment from a BECU account. Mortgages are available in: WA, OR, CA, AZ, KS, MO, PA, ID, SC, and IL only. Eligible for owner and non-owner-occupied purchases and refinances including investment properties (1-4 units). Offer not valid on 12-Year No Fee loans. Loans are subject to BECU membership, credit approval and other underwriting criteria and not everybody will qualify. Certain restrictions apply. Home loan programs, terms and conditions are subject to change without notification. Other terms, limitations, and conditions may apply. BECU reserves the right to terminate this offer at any time. This promotion cannot be combined with any other promotions. A fully executed Purchase and Sales Contract must be provided to us for any purchase application and loan must close by June 30, 2024. Boeing Employees' Credit Union NMLS ID 490518.
5Home Rewards is a program provided by Prime Alliance Real Estate Services, LLC and is not affiliated with BECU. Certain restrictions apply. Offers subject to change without notice. Please contact your assigned Member Advocate for additional information regarding these buyer/seller benefits. Real estate services provided by carefully selected local real estate agent.
6Buyers must meet all the First-Time Homebuyer Grant program criteria, including loan and property qualifications, all of which are not listed here. BECU reserves the right to alter or change criteria.
7For new BECU members only, age 18 and older. Must be within BECU's field of membership and be eligible to open and maintain membership; not everyone will qualify. New members who are rejoining but have had a membership relationship with BECU in the last six (6) months do not qualify. Business, Fiduciary, Zero-Dividend, HSA, and Early Saver accounts are not eligible to receive deposit bonuses. BECU employees are not eligible. Must establish and maintain membership by opening a Member Share savings and also a checking account using promo code PASSPORTMBR by December 31, 2024, and meeting the transaction requirements within 30 days of account opening. Accounts must remain open for 90 days or more. BECU reserves the right to terminate this offer at any time. Other terms, limitations, and conditions apply. Cannot be combined with any other offers except for the Financial Health Check Offer below. Limit one offer per member. Check with BECU for current Annual Percentage Yield (APY) of accounts. The $200 bonus deposit to your Member Share savings account will occur within 120 days of establishing the qualifying accounts if the transaction requirements were met in the first 30 days. Account must be in good standing at time of fulfillment to qualify. Bonus will be reported to the IRS on form 1099INT at year end as interest income. BECU is not required to pay the promotional incentive for accounts opened without the appropriate Promo Code. BECU reserves the right to terminate this offer at any time.
8To meet the transaction requirements, you must open and maintain active Member Share or Member Advantage savings and also a checking account. You must complete five or more qualifying transactions using the checking account or deposit transaction(s) of $500 or more into the checking account within 30 days of account origination. Checking transactions, POS withdrawals, international ACH withdrawals, ATM transfer debits, electronic checks, ATM withdrawals, checks, and external withdrawals are defined as qualifying transactions. External deposits, ATM deposits, ATM transfer credits, new account deposit, and international ACH transaction deposits are defined as qualifying deposits.