Read on to learn about the Financial Plus Credit Union Elite Checking account.
For residents of Michigan, Financial Plus Credit Union is offering 4.15% APY with their Elite Checking Account on balances up to $10,000.
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About Financial Plus Credit Union Elite Checking
Financial Plus was founded in 1952 by the employees of the Chevrolet Motor Company. At their core is a dedication to the communities they serve. They consider it normal to sponsor and attend over 100 community events per year – helping local charities and events that bring people together.
|Eligibility: Membership in Financial Plus Credit Union is open to anyone who lives, worships, or works in over 35 different counties and over 200 area Select Employer Groups. See current membership details|
Continue reading for everything you need to know about Financial Plus Credit Union Elite Checking Account below.
Financial Plus Credit Union Elite Checking Rate
Residents in Michigan can earn a 4.15% APY on balances up to $10,000. There is also no minimum account balance so you will be able to enjoy the rate on all balances up to the stated balance cap.
- What you’ll get: 4.15% APY up to $10,000
- Eligible Accounts: Elite Checking Account
- Credit Inquiry: Soft Pull
- Where it’s available: MI
- Opening Deposit: No minimum
- Credit Card Funding: Up to $1,100. Visa or Mastercard only
- Monthly fee: None
American Express® High Yield Savings Account - You earn 0.40% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 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 high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express High Yield Savings Account 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 Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Aspiration||1.00% APY + $100 Cash||Review|
|Axos Bank High Yield Savings||0.61% APY + $100 Cash||Review|
|Axos My Savings Builder||Up to 0.70% APY||Review|
|Axos Bank High Yield Money Market||0.60% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
|Discover Bank Online Savings||0.40% APY||Review|
How To Earn Up to 4.15% APY Rate
- Sign up to Financial Plus Credit Union Checking Account to earn 4.15% APY for up to $10,000.
- Minimum direct deposit into Elite Checking account of $2,500 per month
- Minimum of 15 debit card purchase transactions per month (ATM transactions not included).
- Must be enrolled in Online Banking, e-Statements, and e-Notices.
|Balance Requirement||APY Rate|
|$0 – $10,000||4.15%|
- No minimum balance
- No monthly fees
- Free ATMs nationwide
- Online and Mobile banking
Overall, this Elite Checking Account is great for you to partake in if you want to try to reach for a higher APY. With no minimum balance to open and no monthly fees, you’ll be able to enjoy this bank without having to worry of those pesky fees.
Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
Check back often to see the latest info on Financial Plus Credit Union Elite Checking Account.