Available to residents of Ohio, General Electric Credit Union Thrive Money Market is offering a staggering 2.00% APY Rate. Continue reading below to learn everything you need to know about General Electric Credit Union.
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About General Electric CU Thrive Money Market
General Electric CU was established in 1954 for employees of General Electric Aircraft Engines. Today, General Electric Credit Union is one of the largest credit unions in the state of Ohio serving over 200,000 people across the Greater Cincinnati area.
|Eligibility: If you live or work in the Greater Cincinnati area, you’re eligible! If that doesn’t apply to you, there are a variety of other ways you may be eligible to join GECU. For more information on eligibility requirements please check out their full list of membership requirements.|
Being an online account, they can offer one of the highest rates! The account gives you access to online banking, eStatements, mobile banking, text alerts, and so much more.
I’ll review General Electric Credit Union Account below.
General Electric CU Thrive Money Market 2.00% Rate
To earn General Electric Credit Union’s competitive rate, simply have an opening deposit of $100. That’s all it takes and you’ll get to enjoy earning the 2.00% rate on all balances.
- Account Type: Thrive Money Market Account
- APY Rates: 2.00% APY
- Minimum Balance: $25K
- Maximum Balance: None Listed
- Credit Inquiry: Unknown, let us know
- ChexSystems: Unknown, let us know
- Opening Deposit: $100
- Monthly Fee: None
- Credit Card Funding: Unknown, Let us know
- Closing Account Fee: Unknown
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 + $150 Cash||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% 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|
|Axos Business Savings||0.20% APY + $100 Bonus||Review|
General Electric CU ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with General Electric Credit Union’s ACH capabilities.
How to Earn General Electric CU Rate
- Open a Thrive Money Market account from General Electric Credit Union with an opening deposit of $100.
- Maintain any balance amount and earn the 2.00% APY rate.
|Balance Requirement||APY Rate|
|$100 – $4,999.99||1.10% APY|
|$5,000 – $24,999.99||1.30% APY|
Why You Should Sign Up For This Account
- Interest is compounded daily
- FDIC insured up to $250,000
- Only $100 minimum to open
Check out General Electric Credit Union and open a Thrive Money Market 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!
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