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  Logix Federal Credit Union Advantage Checking
Logix Federal Credit Union Advantage Checking
in Checking Accounts from Logix Federal Credit Union · Insured by NCUA
Unaffiliated

Logix Federal Credit Union Advantage Checking

Unaffiliated
in Checking Accounts from Logix Federal Credit Union · Insured by NCUA
SuperMoney Net Recommendation Score +90  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +90, equating to 4.8 on a 5 point rating scale.

+90

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

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Highlights
Community Rating Strongly recommended
Cashback Rewards N/A
APY (Annual Percentage Yield) 0%
Monthly Fee $3.95 - $5.95
(Verified 07/08/2022)
Minimum Balance to Avoid Monthly Fee Starting at $750
Number of Reviews 41

Logix Federal Credit Union Advantage Checking Review

Logix Federal Credit Union Advantage Checking is offered by Logix Federal Credit Union, a credit union founded in 1937 and based in Burbank, CA. Logix Federal Credit Union Advantage Checking are available in 8 states (and Washington, DC).

Key Takeaways

  • Bonus offer. Open a new account and you can get
  • 0% APY. As with most checking accounts, Logix Federal Credit Union Advantage Checking does not pay interest.
  • Charges a monthly fee. This account charges a monthly service fee of up to $5.95, but the fee is waived if you keep a minimum balance of $750 or have a monthly direct deposit of $250.
  • No ATM fees. Logix Federal Credit Union Advantage Checking does not charge fees on ATM transactions within its network but there is a fee of up to $1.95 for out-of-network ATM transactions.

Logix checking account Pros & Cons

Pros Cons
  • Insured by NCUA.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not earn interest
  • Only available in 8 states.
  • Higher than average wire transfer fees.
  • Monthly service charge (if minimums are not met).
  • Charges a higher than average fee on out-of-network ATM transactions.

Logix checking account FAQ

Are checking accounts from Logix Federal Credit Union federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. Yes, your Logix Federal Credit Union 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 Logix checking account offer?

Logix checking account is not an interest-bearing account.

What are the account minimums for Logix checking account?

Logix checking account requires a minimum initial deposit of $25 to open an account.

Logix Federal Credit Union Advantage Checking Minimums
Description
Minimum Opening Deposit Starting at $25
Minimum Balance to Avoid Monthly Fee Starting at $750
Minimum Direct Deposit to Avoid Monthly Fee Starting at $250
Minimum Balance to Earn APY $0

What fees does Logix checking account charge?

This account charges a monthly service fee of up to $5.95.

Logix Federal Credit Union Advantage Checking Fees
Description
Monthly Fee $3.95 - $5.95
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $1.95
Foreign Transaction Fee (Debit Card) 1.1%
NSF Fee $30
Overdraft Item Fee $30
Overdraft Protection Fee (per transfer) $4
Returned Deposit Fee (Domestic) $29
Returned Deposit Fee (International) $29
Stop Payment Fee $20
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $30
Paper Statement Fee $5
Debit Card Replacement Fee $7.50
Early Account Closure $0

Does Logix checking account charge overdraft fees?

Yes, Logix checking account charges a $30 fee for every overdraft. You can get overdraft protection at a cost of $4 per transaction.

What features and perks does Logix checking account offer?

This account includes the following features:

  • Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
  • Fraud monitoring - Logix checking account monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Mobile Banking Services - Logix checking account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Logix checking account?

The customer support email for Logix checking account is socialmedia@lfcu.com.

How do people rate the customer service and user experience of Logix checking account?

Overall, Logix checking account is strongly recommended based on community reviews that rate customer service and user experience.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Logix checking account

Not everyone banks the same way. That's why we offer a choice of accounts, all of which come with access to thousands of fee-free ATMs, Mobile Banking with eDeposit, payroll Direct Deposit for early payday*, Identity Theft restoration services, and much more. 

All Logix checking accounts come with great free perks. Advantage Checking, Our best value! Free mobile banking (service provider rates may apply), Fee-free access to 30,000 CO-OP Network ATMs, Free Debit Card Rewards Program (simply ask to be enrolled), Unlimited check writing.

Availability

  Available in 8 states and Washington, D.C.
  • Arizona
  • California
  • Maine
  • Maryland
  • Massachusetts
  • Nevada
  • New Hampshire
  • Virginia
  • Washington, DC

Feature Breakdown

Minimum Opening Deposit Starting at $25
Minimum Balance to Avoid Monthly Fee Starting at $750
Minimum Direct Deposit to Avoid Monthly Fee Starting at $250
Minimum Balance to Earn APY $0
Monthly Fee $3.95 - $5.95
(Verified 07/08/2022)
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $1.95
Foreign Transaction Fee (Debit Card) 1.1%
NSF Fee $30
Overdraft Item Fee $30
Overdraft Protection Fee (per transfer) $4
Returned Deposit Fee (Domestic) $29
Returned Deposit Fee (International) $29
Stop Payment Fee $20
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $30
Paper Statement Fee $5
Debit Card Replacement Fee $7.50
Early Account Closure $0
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • No ATM Fees
  • Mobile Check Deposit
  • Nationwide ATM Network
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • Insured by NCUA
  • Member FDIC
Signup Bonus Starting at $0
APY (Annual Percentage Yield) 0%

Logix Federal Credit Union Advantage Checking Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +90, equating to 4.8 on a 5 point rating scale.

+90

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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