Market USA Federal Credit Union offers the highest interest rates for their best checking account called VIP Checking. This is a reward checking account which has the following current interest rates:

• 4.00% APY for deposits thru $50,000
• 0.10% APY for amounts above $50K
• No dividends for the month if the requirements are not met
• 8 free transactions on STAR and Plus ATMs per month
• iTunes credit per month not greater than $3.87 per month

To enjoy the best interest rates of this checking account, you need to satisfy the following requirements:

• enroll for electronic bank statement and internet banking
• make a monthly direct deposit of at least $250
• use the Visa debit card for at least 12 purchases (Purchases of at least $50 using the debit card at Stop & Ship, Bilo, and Giant counts as 1.5 transactions)

This checking account is offered nationwide and can be opened online. If you have questions, you may contact the credit union through 800-914-4268.

Members can open this reward checking account with a minimum deposit of $250. This money in the bank deal is limited to one account per member. Account holders don’t have to worry about any minimum balance nor and monthly service charges.

The credit union welcomes individuals who are affiliated with certain organizations and employee groups. They have a long list so you might want to visit their membership page to know how you can get in. You can also sign up through qualified family members. You will be required to put in $5 into a share savings account when you join.

Market USA Federal Credit Union is insured by the NCUA.