3.51% APY Best reward checking account with Educational Credit Union
Educational Credit Union invites its members to take full advantage of this best checking account called Smart Checking which has a best interest rate of 3.51% APY for balance through $25,000 if the monthly requirements are met. Portions of the balance above $25k earns an interest rate of 0.80% APY. The base interest rate is 0.15% APY.
The monthly requirements to enjoy the best interest rate of this best reward checking account are the following:
- make at least 10 purchases using your debit card
- setup at least 1 ACH Auto Debit or Direct Deposit
- subscribe to electronic bank statement
This best checking account does not require any minimum balance nor does it charge a monthly service fee. Account holders will be able to get a refund on ATM fee every month as long as qualifications are met. When you open this Smart Checking account you will get free access to internet banking and bill payment online.
In order to enjoy this best checking account you need to become a member of Educational Credit Union. Membership is open to individuals who live, work, attend school or worship in the counties of Johnson, Leavenworth, Franklin, Douglas, Jefferson, Atchinson, Osage, Shawnee, Jackson, Wabaunsee, Pottawatomie, Geary, and Riley in the state of Kansas. Family of current members are also eligible to join.
To be a member, you just need to visit the credit unions website and complete the membership form. Make sure to have your identifications ready since you will need to send a copy to the bank. For inquiries with regard to field of membership, account specifics or current interest rate you may call customer service thru 877-971-6900.
The credit union has branches in Arrowhead Road, Hunter’s Ridge, Croco, and Downtown in the city of Topeka, Kansas.
Educational Credit Union has been providing its services since 1939. Currently, they have grown to be one of the largest credit union in the state of Kansas with 19,074 members and $141 million in declared assets. The credit union is insured with the National Credit Union Association with charter number 60699.
You can be earning hundreds or even thousands of dollars a year in CD investments, money market, and cash back credit cards. Subscribe to our free newsletter below to learn how to maximize your rewards, improve your credit, and make money!
