High Yield Checking
Earn 5.00% APY* on balances up to $20,000
Ideal Credit Union’s High Yield Checking Account* is all about paying YOU a great rate! Enjoy all the convenience of an everyday checking account PLUS earn 5.00% APY.*
- Have a minimum monthly qualified direct deposit of $1,5001
- Make 20 debit card purchases (minimum $3)2
- Be enrolled in estatements3
There is no minimum balance requirement and there is no monthly maintenance fee. If you do not qualify for the high yield, your account will earn 0.05% APY.
All Ideal Checking Accounts come with:
- An Ideal CU Mastercard® Debit Card with Ideal CU Rewards.
- 24/7 access to your account with Ideal Digital Banking and Mobile App. Check balances, transfer funds, pay bills, deposit checks remotely and more!
- Direct Deposit with Early Payday benefits.
- Access to a nationwide surcharge-free* ATM Network.
- Optional Overdraft Protection to cover purchases in the event you do not have a positive available balance in your account. Learn more and see disclosures.
- Optional Gold and Platinum Debit Cards that let you enjoy benefits and rewards normally associated with premium credit cards.
High Yield Checking Rates
|$0 - $20,000.00||4.89%||5.00%|
Balances $0 - $20,000.00 will earn 5.00 % APY if all requirements continue to be met.
Only amounts $20,000.01 and over will earn 0.05% APY.
|*APY = Annual Percentage Yield. Rates subject to change at any time.
Minimum $50 deposit required to open account. Required monthly criteria to earn 5.00% APY includes: 1.) Have a minimum qualified $1,500 direct deposit of salary, pension, Social Security or other regular income electronically deposited through the Automated Clearing House (ACH) network to this checking account by employer or an outside agency. 2.) Conduct a minimum of 20 debit card purchase transactions made in good faith, initiated and cleared within a given statement cycle (minimum $3.00 per purchase). 3.) Be enrolled in eStatements. Rates subject to change at any time. Accounts closed within 6 months of opening incur a $25.00 fee.
Checking Convenience & Benefits
All Ideal Checking Accounts deliver the convenience you need
Expect convenience and access no matter which account you choose with these checking account must-haves:
- Free Ideal Debit Mastercard
- Free Digital Banking and Mobile Banking App
- Free Direct Deposit
- Free monthly eStatements
- Free Mobile Check Deposit
- A huge nationwide ATM network