Alliant High Rate Digital Checking Review: All the Benefits of Big-Bank Checking

Looking for a checking account with all the benefits of big-bank checking, plus unexpected perks from an award-winning credit union – then consider the Alliant High-Rate Digital Checking account.

Alliant High-Rate Digital Checking Benefits

Learn more at Alliant

Keep more of your money

• Up to $20/month in ATM fee rebates¹
• Competitive high rate APY
• No overdraft fees or non-sufficient funds (NSF) item fees¹
• No monthly service fees or monthly minimum balance requirements¹

Bank on-the-go

• Award-winning mobile app with anywhere, anytime mobile check deposit
• 80,000+ fee-fee ATMs nationwide²
• Free Visa® contactless debit card
• Compatible with Apple Pay™, Google Pay, Samsung Pay™, PayPal, Venmo and Cash App and other mobile wallets and P2P apps.
  • Note: your smartphone must have a near field communication (NFC) chip in order to work at in-store checkouts.

Enjoy peace of mind

• 24/7 state-of-the-art fraud monitoring and real-time fraud text alerts to approve or stop suspicious transactions
• Free transaction alerts for worry-free account monitoring
• NCUA insured up to $250,000

There’ll be no tiers to worry about. Many checking accounts may require a $5K, $10K, $100K minimum balance to earn their top rate. With this account, you won’t have to worry about that!

You can be worry free of any sneaky fees – there are no minimum balance (note: there is a $25 opening balance requirement) or monthly fees to worry about by simply electing for eStatements.

(NCUA Insured)

All Alliant Checking accounts come with a High-Rate Savings account.

With a checking account, you’ll also be able to watch your money grow with their high rate savings account earning several times more than the industry average.

Interested in a longer-term interest-bearing account? See our review of Alliant’s certificate account!

¹. Your first box of standard checks is free. Other check designs are available for an extra charge.
Alliant checking charges no monthly maintenance or service fees. Please refer to the Alliant Fee Schedule for a list of fees.
Overdraft protection is optional. You must opt in to benefit from this free service and you can unenroll at any time. Alliant’s overdraft protection program honors your overdrafts on your checking account when you don’t have enough money in your Alliant checking account to cover a transaction, provided you have enough money in your Alliant Savings or Supplemental Savings Account. To do so, we automatically transfer funds from your Alliant Savings or Supplemental Savings Account to your Alliant checking account to cover your overdrafts. Overdraft protection does not cover ATM transactions.
Courtesy Pay is a discretionary “courtesy” overdraft service. There is no fee to enroll in or use the Courtesy Pay service and you can unenroll at any time. To be eligible for Courtesy Pay, members must be in good standing and have an Alliant checking account that has been open for at least six months. Other eligibility factors are risk-based and determined by Alliant using internal and confidential information, including your account history. To qualify to use Courtesy Pay, eligible members must have qualifying deposits totaling at least $600 into their Alliant checking account in the previous 30 days. Standard Courtesy Pay may pay checks and ACH electronic items that would not have not cleared otherwise due to insufficient funds, up to an approved limit. The full amount of the overdraft balance will be due immediately but in no event more than 30 days from the date of the occurrence at which time Courtesy Pay privileges will be suspended and possibly terminated. If you opt in for extended coverage, Courtesy Pay may also cover everyday debit transactions on your Alliant Visa debit card that would not have cleared otherwise due to insufficient funds, up to an approved limit. See the Alliant Account Agreement and Disclosures and the Courtesy Pay Disclosure for details and the Fee Schedule for a list of fees. Courtesy Pay does not cover ATM transactions.
A fee will apply if you choose to receive an account statement in paper form; refer to the Fee Schedule. To avoid the paper statement fee, log in to Alliant Online Banking to change your statement preference to eStatements.
Alliant will rebate ATM fees up to $20 per month per membership account when you use your Alliant checking account Visa debit card to make a deposit, withdrawal, transfer or balance inquiry. The rebate does not apply to cash advances from Alliant Visa credit cards through ATMs nor to the Alliant Savings ATM Card and Visa International Service Assessment (ISA) fee, referenced as the foreign transaction fee on account statements. Not all ATMs accept deposits.
Limitations apply. Mobile check deposit requires a camera-enabled mobile device. Data and text charges may apply. Check with your mobile service provider.
APY=Annual Percentage Yield. There is no minimum balance requirement to maintain a High-Rate Checking account. However, there is a minimum opening deposit requirement of $25. Alliant High-Rate Checking Dividends are paid on the last day of each month to checking accountholders who have opted out of receiving paper statements (receive eStatements only) and have a recurring monthly electronic deposit to their Alliant checking account each month (e.g., a direct deposit, payroll deposit, ATM deposit, mobile check deposit or transfer from another financial institution). Otherwise, Alliant checking accounts do not earn a dividend. The 4/3/2024 High Rate Checking dividend provides an Annual Percentage Yield (APY) of 0.25% APY. The APY is accurate as of the 3/25/2024 dividend declaration date. Checking dividend may change after account is opened and is subject to change at any time. There is no minimum balance requirement to earn a dividend. Account is subject to approval. We may not open checking for you if you do not meet Alliant criteria.
². Transactions performed at other ATMs may be subject to the ATM owner’s surcharge fee. Please see the online ATM Locator at www.alliantcreditunion.com or our mobile banking app for a list of ATMs that accept deposits or are surcharge-free. Not all ATMs accept deposits.