Digital Federal Credit Union Dividend Checking Account Reviews (Dec. 2020) | Checking Accounts

Highlights
Monthly Fee	$0 - $10
ATM Fee: Out-of-Network	$0.75
Minimum Balance to Avoid Monthly Fee	$2,500
APY (Annual Percentage Yield)	0.05%

Digital Federal Credit Union Dividend Checking Account Review

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

Key Takeaways

Low APY. The maximum annual percentage yield for this account is only 0.05%.
Charges a monthly fee. This account charges a monthly maintenance fee of up to $10, but the fee is waived if you keep a minimum balance of $2,500.
No ATM fees. Digital Federal Credit Union Dividend Checking Account does not charge fees on 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.

Digital Federal Credit Union Dividend Checking Account Pros & Cons

Pros	Cons
Available in all 50 states. Interest-yielding account. Access to physical branches. Free debit card No charge on incoming domestic or international wire transfers.	No signup bonus. Not FDIC-insured. Higher than average wire transfer fees. Monthly service charge. Charges a fee on out-of-network ATM transactions.

Digital Federal Credit Union Dividend Checking Account FAQ

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 Dividend Checking Account offer?

Digital Federal Credit Union Dividend Checking Account Rates & Terms
Description
APY (Annual Percentage Yield)	0.05%

Digital Federal Credit Union Dividend Checking Account offers an APY of 0.05% (APY stands for annual percentage yield, rates may change).

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

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

Digital Federal Credit Union Dividend Checking Account Account Minimums
Description	Amount
Minimum Initial Deposit	$0
Minimum Balance to Avoid Monthly Fee	$2,500

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

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

Digital Federal Credit Union Dividend Checking Account Fees
Description
Monthly Fee	$0 - $10
Paper Statement Fee	$2
ATM Fee: In-Network	$0
ATM Fee: Out-of-Network	$0.75
NSF Fee	$30
Overdraft Protection Fee (per transfer)	$5
Overdraft Item Fee	$30
Early Account Closure	$0
Returned Deposit Fee (Domestic)	$5
Debit Card Replacement Fee	$10
Bank Teller Fee	N/A
Check Cashing Fee	N/A
Online Bill Pay Fee	$0
Stop Payment Fee	$25
Check Image Service	N/A
Check Copy	$1
Foreign Transaction Fee (Debit Card)	0%
Wire Transfer Fee - Domestic (Outgoing)	$15
Wire Transfer Fee - International (Outgoing)	$50
Wire Transfer Fee - International (Incoming)	$0
Returned Deposit Fee (International)	$5
Wire Transfer Fee - Domestic (Incoming)	$0

What features and perks does Digital Federal Credit Union Dividend 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 Dividend 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 Dividend 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.

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