Offer at a glance
- Interest Rate: 4.15%
- Minimum Balance: None
- Maximum Balance: $10,000
- Availability: Must be opened in branch, all branches are in MI [Branch locations]
- Direct deposit required: Yes, $2,500+
- Additional requirements: 15 debit card transactions, online banking, eStatements & eNotices
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: Unknown
- Insured: NCUA
- Financial Plus Credit Union offers an elite checking account. This account earns a 4.15% APY on balances up to $10,000 when the following requirements are met monthly:
- Minimum direct deposit into Elite Checking account of $2,500 per month
- Minimum of 15 debit card purchase transactions per month (ATM transactions not included).
- Must be enrolled in Online Banking, e-Statements, and e-Notices.
This account has no monthly service fees to worry about.
This account has a lot of requirements for a 4.15% rate, especially when you consider the $10,000 limit. For most people there are better rewards checking accounts out there, but this might be useful for people who can easily meet the requirements and have already maxed out better accounts.