Available to residents of Michigan, Consumers Credit Union Splish Splash Savings. Continue reading below to learn everything you need to know about Consumers Credit Union.
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About Consumers Credit Union Splish Splash Savings
|Eligibility: You must live, work, worship, or be enrolled in post-secondary educational institutions in the lower peninsula of Michigan.|
I’ll review the Savings account below.
Consumers Credit Union Splish Splash Savings Rate
To earn Consumers Credit Union’s competitive rate, simply open a new account. That’s all it takes and you’ll get to enjoy earning the rate on all balances.
- Account Type: Splish Splash Savings
- Minimum Balance: $2,500
- Maximum Balance: $250,000
- Availability: MI (Branch Locator)
- Credit Inquiry: Hard Pull
- Opening Deposit: No Minimum
- Credit Card Funding: Up to $1000 from a Visa, MasterCard, or AMEX
- Monthly Fee: No monthly service fees
- Early Termination Fee: None listed, check with CSR
American Express Personal Savings Account - You earn 1.60% interest rate along with no minimum deposits or monthly fees. Amex Personal Savings has been my favorite Hub account for the past 5 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:
*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the Personal Savings website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express Personal Savings include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings has a nice sign-up bonus plus great rate.
|Discover Bank Online Savings||1.50% APY + $200 Cash||Review|
|CIT Bank Savings Builder||1.75% APY + $150/$300 Bonus||Review|
|CIT Bank Money Market||1.80% APY||Review|
|UFB Direct High Yield Savings||1.70% APY||Review|
|American Express High Yield Savings||1.60% APY||Review|
Consumers Credit Union ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
|Push||?||$1,000||$5,000||Min Tran $1|
Editor’s Note: Help us with the table above in the comment section if you have experience with Consumers Credit Union’s ACH capabilities.
How to Earn Consumers Credit Union Rate
- Open a Splish Splash Savings account from Consumers Credit Union.
Why You Should Sign Up For This Account
- guaranteed for a year so long as you maintain a $2,500 minimum balance
- 24/7 account access through online and mobile
- Unlimited deposits and withdrawals
- Free automatic transfers (set up one-time or recurring transfers between your accounts)
- Insured by NCUA up to $250,000
Check out Consumers Credit Union and open a Splish Splash Savings account this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on the Savings Account.