[TX] Las Colinas Federal Credit Union 7% On Balances Up To $25,000

Offer at a glance

• Interest Rate: 7% APY
• Minimum Balance: $25,000
• Maximum Balance: None
• Availability: TX, might be nationwide with a $5 donation to Star Savers Education Foundation
• Direct deposit required: None 
• Additional requirements: 15 debit card purchases
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Insured: NCUA

The Offer

Direct link to offer

• Las Colinas Federal Credit Union offers a Premier Checking Account. This account earns 7% APY on balances up to $25,000 when the following requirements are met:
  • Make 15 point-of-sale purchases with your debit card

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees to worry about.

Our Verdict

Seems like the requirements are very easy to meet. If it is possible to open nationwide this will get slammed and get closed down quickly.