Here you can learn about Signature Federal Credit Union High Yield Checking Account.
For residents nationwide, Signature Federal Credit Union is offering up to 1.50% APY on balances up to $20,000.
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About Signature Federal Credit Union High Yield Checking
Since 1970, Signature Federal Credit Union stood behind members of associations, businesses, alumni groups, and charitable organizations to help them build their businesses, families, and dreams with financial products and
resources for every day to the once-in-a-lifetime need.
| Eligibility: Membership is open to anyone through membership in the American Consumer Council. Membership is also open to employees of the United States Postal Service and to employees and members of other select organizations. For complete details, be sure to check out their Membership Requirements. |
Continue on to learn more about the Signature Federal Credit Union High Yield Checking Account below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA, or CIT Bank.
Signature Federal Credit Union High Yield Checking Rate
Take advantage of the 1.50% APY on balances up to $20,000 at Signature Federal Credit Union.
- What you’ll get: 1.50% APY up to $20,000
- Eligible Accounts: High Yield Checking
- Credit Inquiry: Soft Pull
- Where it’s available: Nationwide
- Opening Deposit: None listed
- Credit Card Funding: Yes, up to $500
- Monthly fee: None listed
(NCUA Insured)
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. |
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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. |
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| PROMOTIONAL LINK | OFFER | REVIEW |
| 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 | 0.75% 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 1.50% APY Rate
- Sign up to Signature Federal Credit Union and open a High Yield Checking account.
- Start earning their APY rate after completing the requirements each month:
- Have 10 debit transactions.
- Be enrolled in e-statements.
- Have a total of $1,000 being directly deposited into the account each month.
| Balance Requirement | APY Rate |
| $0 – $20,000.00 | 1.50% |
| $20,000.01+ | 0.10% |
Account Features
- No minimum balance requirement
- One free order of standard checks per year
- E-statements
- Access to our online account management, Online Branch
- Free ATMs through our CO-OP and CU Networks
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 |
Bottom Line
Signature Federal Credit Union is offering a decent reward on their checking account for anyone that wants to join their credit union. Additionally, this APY includes having to have one direct deposit each month. Not the worst requirements for a rate this high!
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!
Check back often to see the latest info on Signature Federal Credit Union’s Free Rewards Checking Account.
Is it still a soft credit pull and $500 credit card option funding?
I spoke with a manager and he said that you can fund the account up to 500 dollars using a credit card, and that it is a soft pull inquiry.