Learn about Ideal Credit Union High Yield Checking account here.
Available nationwide, Ideal Credit Union is offering 2.00% APY on balances up to $20,000 on their Rewards Checking account.
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About Ideal Credit Union High Yield Checking
Founded in 1926, Ideal Credit Union is a full-service financial institution that offers affordable products with competitive rates for their members. Not to mention, Ideal Credit Union, just like all credit unions, is a not-for-profit financial cooperative that offers banking services.
|Eligibility: Membership in Ideal Credit Union is open to individuals who live, work, worship, or attend school in the Minnesota Counties of Anoka, Chisago, Dakota, Hennepin, Ramsey, or Washington. Open an account in-person or online. See current membership details
Continue on to learn more about the Ideal Credit Union High Yield Checking Account below.
Ideal Credit Union High Yield Checking Rate
Residents nationwide can earn the industry leading rate on balances up to $20,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 2.00% APY up to $20,000
- Eligible Accounts: Rewards Checking Account
- Credit Inquiry: Unknown, let us know
- Where it’s available: Nationwide (Bank Locator)
- Opening Deposit: No minimum
- Credit Card Funding: Unknown, Let us know
- 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 + $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|
How To Earn Up to 2.00% APY Rate
- Open a Rewards Checking Account with an opening deposit of any amount.
- Have a minimum of monthly qualified direct deposit of $750
- Enroll to receive your monthly statement electronically.
- Use your debit card and make 20 qualifying purchases, minimum of $3.
- Earn the 2.00% APY rate.
|Balance Requirement||APY Rate|
- No minimum balance requirement
- No monthly maintenance fee
- Free Ideal Debit MasterCard®
- Digital Banking and Mobile Banking App
- Direct Deposit
- Monthly eStatements
- Mobil Check Deposit
- Nationwide ATM network
- Overdraft Protection
Alternative Rewards Accounts To Consider
Earn up to 1.25% APY with the Axos Bank Rewards Checking account while enjoying a suite of digital tools for smarter money management. This is banking, redefined.
• Never pay monthly maintenance fees again
• No Need to Keep a Minimum Balance to Avoid Fees
• No Overdraft or Non-Sufficient Fund Fees
• Make Unlimited Withdrawals From Any Domestic ATM for Free
With the Discover Cashback Debit Account:
• Earn 1% cash back on up to $3,000 in debit card purchases each month, which lets you earn up to a total of $360 Debit Card Cashback Bonus per year.
• Anyone can open a Discover Cashback Debit account online
• No monthly fees or monthly balance requirements
• With over 60,000 no-fee ATMs in the U.S., Discover is always nearby.
• Move money easily and securely with just a few clicks or taps (transfers to existing discover accounts are immediate)!
• Manage your account and avoid late fees by paying bills online.
• Deposit checks on the go with your phone or automatically with direct deposit.
For those of you looking for a checking account with a high APY rate, take a look at Ideal Credit Union because they are offering a 2.00% APY Rate. Not only that, but you will also be able to access many of their banking features
Lastly, let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
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