Table of Contents
About Superior Choice CU Money Market
Superior Choice Credit Union opened their doors in 1932 in Superior, Wisconsin but has expanded to 7 branches across Wisconsin and Minnesota. However, membership is technically nationwide if you are a member of the American Consumer Council.
|Eligibility: If you reside in or are employed in Ashland, Barron, Bayfield, Burnett, Clark, Chippewa, Douglas, Iron, Rusk, Sawyer, Taylor, and Washburn counties, Wisconsin; The southern portion of St. Louis County in Minnesota; or are a current or future membership of the American Consumer Council (ACC); To see if you are eligible check out their membership site.|
With Money Market Accounts at Superior Choice CU, you have access to your money unlike a CD with long terms. However, you can still earn a relatively competitive APY rate despite the freedom and access to your cash.
I’ll review the Superior Choice CU Choice Investment Money Market Account below.
Superior Choice Credit Union Account Info
To earn the Superior Choice rate you will have to open an account with a $50,000 minimum deposit. Maintain this balance and you will earn high APY.
- Account Type: Choice Investment Money Market
- Interest Rate: 1.75% APY
- Minimum Balance: $50,000
- Maximum Balance: None
- Availability: Nationwide (Bank Locator)
- Expiration Date: None
- Credit Inquiry: Hard pull/Soft pull? Let us know
- Opening Deposit: $50,000
- Credit Card Funding: Up to $100
- Direct Deposit Requirement: None
- Monthly Fee: None listed
- Additional Requirements: See Below
- Early Termination Fee: None listed
- Insured: NCUA
American Express Personal Savings Account - You earn 1.70% interest rate along with no minimum deposits or monthly fees. Amex Personal Savings has been my favorite Hub account for the past 5 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 Personal Savings website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express Personal Savings 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 UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Discover Online Savings and Chase SavingsSM account have nice sign-up bonuses.
|Discover Bank Online Savings||1.60% APY + $200 Cash||Review|
|CIT Bank Savings Builder||1.75% APY + $100/$200 Bonus||Review|
|UFB Direct High Yield Savings||1.90% APY||Review|
|Betterment EverydayTM Cash Reserve||1.83% APY||Review|
|American Express High Yield Savings||1.70% APY||Review|
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 ACH capabilities.
How to Earn Superior Choice Credit Union Rates
- Open a Choice Investment Money Market account from Superior Choice Credit Union with an opening deposit of $50,000.
- If the balance falls below the $50,000.00 minimum balance requirement, a $250.00 fee will be imposed.
Choice Investment Money Market Account
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account
- Open a Superior Choice Credit Union account online in just minutes
- Mobile banking and mobile check deposit
- Free ATMs, Bill Pay, and PopMoney
- NCUA insures your funds so you can have peace of mind
Check out this offer from Superior Choice Credit Union. When you open an Choice Investment Money Market account you can earn a high rate APY! This rate is great for balances $50,000 and up. Take advantage of the services they have to offer along with these savings.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Superior Choice Credit Union Choice Investment Money Market Account.