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Member Benefit


The UWAA and BECU have joined together to support our members through advocacy of higher education and a commitment to financial well-being, and it couldn’t be a more natural fit. Since 2008, the UWAA and BECU have been partners in the idea that investing in education and excellence strengthens the UW, the Puget Sound and the world at large. To receive the UW-branded debit card, simply request the UW design when applying. Learn more.

Special UWAA Offer: Fund a HELOC. Get $150.*

As a UWAA member, you’re eligible for a special offer from BECU: Get a $150 bonus when you open a new home equity line of credit (HELOC) of $10,000 or more.

Because HELOCs are tied to the equity in your home, they often deliver better
rates than credit cards or personal loans. Accomplish projects big and small
with the funds you need and a rate that fits your budget.

How a HELOC Works

  • Access funds by tapping into equity gained from your home
  • Enjoy rates typically lower than personal loans and credit cards
  • Withdraw funds during a “draw” period
  • Option to delay principal payments until pay-back period

Offer valid 1/1/2020 to 3/31/2020. Redeemable at any BECU location and online. The Promo Code must be entered at time of application. Offer is not valid without the promo code.

Log in to get the promo code and receive your benefit. 

*Important information about this offer: Offer available to UW Alumni Association members and employees only. To be eligible for a Home Equity Line of Credit Affinity offer, you must apply for a new HELOC of at least $10,000 by 3/31/2020, fund by 06/30/2020. In addition, you must be a BECU member in good standing, comply with BECU’s loan program requirements, meet all the underwriting requirements, pay any applicable loan fees and execute all loan closing documents. Financing is subject to BECU membership, credit approval, and other underwriting criteria; not every applicant will qualify. Certain restrictions apply. BECU must be able to perfect a mortgage lien on your one-to-four family residence. Primary residence and second home/vacation property must be located in one of the following states: WA, OR, CA, AZ, KS, MO, IL, PA, ID and SC. Rental/Investment property must be located in Washington state. Insurance to protect the property against hazards (including flood insurance, if applicable) is required. Borrower is also 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. BECU will deposit $150 into your BECU savings account 60 days from the date the HELOC originates. Said deposit may be reported to the IRS on form 1099MISC at year end. This offer cannot be used to refinance, in whole or in part, any BECU home equity loan or line of credit. Fixed rate advances obtained on existing HELOCs are also excluded from this Affinity offer. BECU reserves the right to terminate this offer at any time. Offer expires: 3/31/2020.

How to get your benefit

Log in or join the UWAA
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