[AL, GA] MAX Credit Union – 5% APY On Balances Up To $2,500

Update 10/25/24: There is now a $150 referral bonus as well. Don’t think it can be stacked as it requires a checking account.

Offer at a glance

• Interest Rate: 5% APY
• Minimum Balance: $50
• Maximum Balance: $2,500
• Availability: Must live, work, worship or attend school in select counties in AL, GA
• Direct deposit required: None
• Additional requirements: None
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Mentions card funding as an option
• Monthly fees: None
• Insured: NCUA

The Offer

Direct link to offer

• MAX Credit Union is offering 5% APY on balances up to $2,500 on the Elevate Money Market account. There are no requirements to earn this rate

Avoiding Fees

This account has no monthly fees to worry about

Our Verdict

5% APY is a nice right, especially with no requirements. If you have the full $2,500 in there you’d earn $125 a year, $75 more than you would in a 2% APY account. How good this account is will really depend on how long they keep the 5% APY. Might make sense to focus on savings account bonuses with higher returns instead.

Hat tip to reader AL_PF