Digital Federal Credit Union Free Checking Account Review

Digital Federal Credit Union Free Checking Account is offered by Digital Federal Credit Union, a credit union founded in 1979 and based in Marlborough, MA. Digital Federal Credit Union Free Checking Account is available in 50 states (and Washington, DC).

• Low APY. The maximum annual percentage yield for this account is only 0.5%.
• $0 monthly fee. This account does not charge a monthly maintenance fee.
• No minimum initial deposit. There is no minimum balance required to open an account.
• No ATM fees. Digital Federal Credit Union Free Checking Account does not charge fees on ATM transactions within its network but there is a fee of up to $0.75 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 Digital Federal Credit Union.
• Early direct deposit. Get access to you paycheck funds faster If you set up a direct deposit to this account.
• Hard credit pull. Digital Federal Credit Union may require a hard pull on your credit report to open a checking account.

Are checking accounts from Digital Federal Credit Union federally insured?

Yes, your Digital Federal 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 Digital Federal Credit Union Free Checking Account offer?

Digital Federal Credit Union Free Checking Account offers an APY starting at 0.05% and ranging up to 0.5% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Digital Federal Credit Union Free Checking Account?

Digital Federal Credit Union Free Checking Account does not require a minimum initial deposit.

What fees does Digital Federal Credit Union Free Checking Account charge?

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

What features and perks does Digital Federal Credit Union Free Checking Account offer?

This account includes the following features:

• ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
• Fraud monitoring - Digital Federal Credit Union Free Checking Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
• Get paid early - If you fund your account with a payroll direct deposit and request this service, you can collect your salary early.
• Mobile Banking Services - Digital Federal Credit Union Free Checking Account 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.