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  CoVantage Fee-Free Checking Account
CoVantage Fee-Free Checking Account
in Checking Accounts from CoVantage Credit Union · Insured by NCUA
Unaffiliated

CoVantage Fee-Free Checking Account

Unaffiliated
in Checking Accounts from CoVantage Credit Union · Insured by NCUA
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Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) 0.10%
(Verified 08/04/2023)
Monthly Fee $0
(Verified 08/04/2023)
Minimum Balance to Avoid Monthly Fee N/A

CoVantage Fee-Free Checking Account Review

CoVantage Fee-Free Checking Account is offered by CoVantage Credit Union, a credit union founded in 1953 and based in Antigo, WI. CoVantage Checking Account is available in 3 states across the USA.

Key Takeaways

  • Low APY. The maximum annual percentage yield for this account is only 0.10%.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • Small minimum initial deposit. You only need $10 to open an account.
  • No ATM fees. CoVantage Fee-Free Checking Account does not charge fees on ATM transactions.

CoVantage Checking Account Pros & Cons

Pros Cons
  • Dividend-yielding account.
  • Insured by NCUA.
  • Free debit card
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Only available in 3 states.

CoVantage Checking Account FAQ

Are checking accounts from CoVantage Credit Union federally insured?

Yes, your checking accounts are insured up to $250,000 per share owner for each account ownership category. 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 CoVantage Checking Account offer?

CoVantage Fee-Free Checking Account Rates & Terms
Description
APY (Annual Percentage Yield) 0.10%

CoVantage Checking Account offers an APY of 0.10% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $500.

What are the account minimums for CoVantage Checking Account?

CoVantage Checking Account requires a minimum initial deposit of $10 to open an account.

CoVantage Fee-Free Checking Account Minimums
Description
Minimum Opening Deposit Starting at $10
Minimum Balance to Earn APY $500

What fees does CoVantage Checking Account charge?

The good news is that this account does not have a monthly Service Charge.

CoVantage Fee-Free Checking Account Fees
Description
Monthly Fee $0

What features and perks does CoVantage Checking Account offer?

This account includes the following features:

  • Mobile Banking Services - CoVantage Checking Account allows you to manage your money online or with a mobile app.

What is the customer support email for CoVantage Checking Account?

The customer support email for CoVantage Checking Account is covantagecares@covantagecu.org.

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Availability

  Available in 3 states
  • Illinois
  • Michigan
  • Wisconsin

Feature Breakdown

Minimum Opening Deposit Starting at $10
Minimum Balance to Earn APY $500
Monthly Fee $0
(Verified 08/04/2023)
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Social Security Number
Account Features
  • No ATM Fees
  • No Monthly Maintenance Fee
  • Mobile Banking
  • Debit Card
  • Insured by NCUA
APY (Annual Percentage Yield) 0.10%
(Verified 08/04/2023)

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