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 a competitive 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.
|Discover Bank Online Savings||$200 Bonus + 0.60% APY||Review|
|Aspiration||$150 Bonus + 1.00% APY||Review|
|Axos Business Savings||$200 Bonus + 0.20% APY||Review|
|Quontic Bank High Yield Savings||1.01% APY||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|CIT Bank Money Market||0.70% APY + Amazon Prime Offer||Review|
|American Express High Yield Savings||0.60% APY as of 4/28/22||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.
• Use Promo Code “Lucky” for a $100 bonus!
• Up to 1.25% APY
• Zero monthly maintenance fees
• Zero overdraft or NSF fees
• Zero minimum monthly balance reqs
• Unlimited domestic ATM fee reimbursements
• Zero Minimum Balance Requirement
• Only $50 to open an account
With the Discover Checking Account:
• Cashback – Earn 1% cash back on up to $3,000 in debit card purchases each month
• No. Fees. Period. That means you won’t be charged an account fee on our Cashback Debit account.
• Early Pay – Get your paycheck up to two days early with no charge
• No credit impact - You can apply without affecting your credit score.
• Fraud Protection - You’re never responsible for unauthorized debit card purchases. If you suspect someone else has used your debit card without your permission, let us know.
• Apply in minutes - Applying for a Cashback Debit account is simple and fast.
• Fee free overdraft protection
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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