Consumers Credit Union Rewards Checking

in Checking Accounts from Consumers Credit Union · Member ncua

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Consumers Credit Union Rewards Checking

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in Checking Accounts from Consumers Credit Union · Member NCUSIF

SuperMoney Net Recommendation Score +93

Strongly recommended

14 users recommend

1 user is unsure

0 users don't recommend

Browse Reviews: 14 Recommendations | 0 Complaints

Highlights
Community Rating	Strongly recommended
Monthly Fee	$0
ATM Fee: Out-of-Network	$1
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	0.1% - 4.09%
Number of Reviews	15

Consumers Credit Union Rewards Checking Review

Consumers Credit Union Rewards Checking is offered by Consumers Credit Union, a credit union founded in 1930 and based in Waukegan, IL. Consumers Credit Union Rewards Checking is available in 50 states (and Washington, DC).

Key Takeaways

Very high APY. This account offers an annual percentage yield of up to 4.09%, which is much higher than the average for a checking account.
$0 monthly fee. This account does not charge a monthly maintenance fee.
Small minimum initial deposit. You only need $5 to open an account.
No ATM fees. Consumers Credit Union Rewards Checking does not charge fees on ATM transactions within its network but there is a fee of up to $1 for out-of-network ATM transactions.
ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
Free bill pay. Pay your bills to practically anyone in the United States through Consumers Credit Union.
Hard credit pull. Consumers Credit Union may require a hard pull on your credit report to open a checking account.

Consumers Credit Union Rewards Checking Pros & Cons

Pros	Cons
Available in all 50 states. High-interest yield. Deposits are insured by the NCUA (up to $250K). Access to physical branches. Free debit card	No signup bonus. Not FDIC-insured. Higher than average wire transfer fees. Charges a fee on out-of-network ATM transactions.

Consumers Credit Union Rewards Checking FAQ

Are checking accounts from Consumers Credit Union federally insured?

Yes, your Consumers Credit Union checking accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What APY does Consumers Credit Union Rewards Checking offer?

Consumers Credit Union Rewards Checking offers an APY starting at 0.1% and ranging up to 4.09% (APY stands for annual percentage yield, rates may change).

Consumers Credit Union Rewards Checking Rates and Terms
Rates	Amount
APY (Annual Percentage Yield)	0.1% - 4.09%

What are the account minimums for Consumers Credit Union Rewards Checking?

Consumers Credit Union Rewards Checking requires a minimum initial deposit of $5 to open an account.

Consumers Credit Union Rewards Checking Account Minimums
Description	Amount
Minimum Opening Deposit	$5

What fees does Consumers Credit Union Rewards Checking charge?

The good news is that this account does not have a monthly service charge.

Consumers Credit Union Rewards Checking Fees
Description
ATM Fee: In-Network	$1
Debit Card Replacement Fee	$5
Early Account Closure	$0
Foreign Transaction Fee (Debit Card)	1%
Monthly Fee	$0
NSF Fee	$30
Online Bill Pay Fee	$0
Overdraft Item Fee	$30
Overdraft Protection Fee (per transfer)	$10
Paper Statement Fee	$2.50
Returned Deposit Fee (Domestic)	$15
Returned Deposit Fee (International)	$15
Stop Payment Fee	$30
Wire Transfer Fee - Domestic (Incoming)	$10
Wire Transfer Fee - Domestic (Outgoing)	$25
Wire Transfer Fee - International (Incoming)	$0
Wire Transfer Fee - International (Outgoing)	$0
ATM Fee: Out-of-Network	$1

What features and perks does Consumers Credit Union Rewards Checking offer?

This account includes the following features:

ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Consumers Credit Union Rewards Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
Nationwide ATM network - Conveniently transact at a nearby ATM.

View Consumers Credit Union Rewards Checking's published terms & conditions.

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