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Interest Checking Account

Earn more while managing your everyday spending with UMCU's Interest Checking. With tiered interest rates and all the perks of a basic checking account, you can grow your funds effortlessly while keeping your money accessible.

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Earn More with UMCU's Interest Checking Account Feature Image

Earn More with UMCU's Interest Checking Account

Looking to grow your funds? UMCU's Interest Checking offers an ideal solution. Earn interest on your monthly checking account balance when you maintain a minimum balance of $2,000. Our tiered interest rates mean the more you keep in your account, the more you'll earn!

You'll also get all the benefits of our standard checking account, Go Blue™ Checking.

Open an Account 

  • Tiered Earned Interest on Deposited Funds: Earn more, as you save more
  • No Monthly Fee: If balance is kept over $500
  • Minimum Balance Required to Earn Interest: $2,000
  • Nationwide Fee-free ATM Access*
  • Overdraft Protection Option: We can ensure you always have sufficient funds available**

Interest Checking Account Rates

Deposit Tier Interest Rate APY*
$2,000 - $4,999.99 0.15% 0.15%
$5,000 - $9,999.99 0.16% 0.16%
$10,000 - $24,999.99 0.20% 0.20%
$25,000+ 0.30% 0.30%
Interest Rate APY*
0.15% 0.15%
Interest Rate APY*
0.16% 0.16%
Interest Rate APY*
0.20% 0.20%
Interest Rate APY*
0.30% 0.30%

Related Resources

Calculators

Access calculators to plan and manage your finances.

Blogs

Explore helpful articles, tips, and updates.

Webinars

Watch webinars to learn about finances, services, and more.

Events

Discover upcoming UMCU events.

Downloads

Find downloadable forms and account resources.
View All Resources

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FAQs

It depends on your financial goals! The Platinum Optimum is great for establishing or rebuilding a credit score while the Platinum Cash Rewards gives you 1.10% back on EVERY purchase. Both of UMCU's Visa® credit cards provide below average interest rates*, so you win either way. Our team members are happy to help you decide. Give us a call, visit a branch, or send us a secure message in the online banking portal!

**Offer subject to credit approval. APR as low as 8.99%; maximum APR is 14.99%, based on your credit worthiness. Additional limitations, terms, and conditions apply, and are subject to change without notice. The following transaction fees apply: 1% for foreign transactions, $2 for non-UMCU/non-Co-Op ATM transactions and $2 for each overdraft transfer.
  1. Download a Mobile Wallet app on your smartphone. 
  2. Add your UMCU credit card to the app.
  3. Use your mobile device to pay by tapping or swiping it against the store's payment terminal. 
Funds will be automatically deducted from your card as you make purchases using the digital wallet. 
 
See All Questions

Disclaimer

*It requires a minimum balance of $500.00 to avoid an $8.00 maintenance fee. APY = Annual Percentage Yield. Fees may reduce earnings on the Interest Checking Account.

*Free, unlimited access to more than 30,000 ATMs that are part of the CO-OP ATM network.

**Full details of Overdraft Policy and Opt-In

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