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  Navy Federal Credit Union Free Easy Checking

Navy Federal Credit Union Free Easy Checking

in Checking Accounts from Navy Federal Credit Union · Member ncua

Unaffiliated

Navy Federal Credit Union Free Easy Checking

Unaffiliated

in Checking Accounts from Navy Federal Credit Union · Member NCUSIF

SuperMoney Net Recommendation Score +100%

SUPERMONEY NET RECOMMENDATION SCORE

+100

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

7 users recommend
0 users are unsure
0 users don't recommend
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Highlights
Community Rating Strongly recommended
Monthly Fee $0 - $10
ATM Fee: Out-of-Network $1
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0.05%
Number of Reviews 7

Navy Federal Credit Union Free Easy Checking Review

Navy Federal Credit Union Free Easy Checking is offered by Navy Federal Credit Union, a credit union founded in 1933 and based in Vienna, VA. Navy Federal Credit Union Free Easy Checking 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.
  • No minimum initial deposit. There is no minimum balance required to open an account.
  • No ATM fees. Navy Federal Credit Union Free Easy Checking 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 Navy Federal Credit Union.
  • Hard credit pull. Navy Federal Credit Union may require a hard pull on your credit report to open a checking account.
Navy Federal Credit Union Free Easy Checking Pros & Cons
Pros Cons
  • Available in all 50 states.
  • Interest-yielding account.
  • Deposits are insured by the NCUA (up to $250K).
  • 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.
Navy Federal Credit Union Free Easy Checking FAQ

Are checking accounts from Navy Federal Credit Union federally insured?

Yes, your Navy 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 Navy Federal Credit Union Free Easy Checking offer?

Navy Federal Credit Union Free Easy Checking Rates & Terms
Description
APY (Annual Percentage Yield) 0.05%

Navy Federal Credit Union Free Easy Checking offers an APY of 0.05% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Navy Federal Credit Union Free Easy Checking?

Navy Federal Credit Union Free Easy Checking does not require a minimum initial deposit.

Navy Federal Credit Union Free Easy Checking Account Minimums
Description Amount
Minimum Initial Deposit $0

What fees does Navy Federal Credit Union Free Easy Checking charge?

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

Navy Federal Credit Union Free Easy Checking Fees
Description
ATM Fee: In-Network $0
Check Copy $1
Debit Card Replacement Fee $0
Early Account Closure $3
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $10
NSF Fee $29
Online Bill Pay Fee $0
Overdraft Item Fee $29
Overdraft Protection Fee (per transfer) $0
Paper Statement Fee $0
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $20
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $14
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $25
ATM Fee: Out-of-Network $1

What features and perks does Navy Federal Credit Union Free Easy Checking offer?

This account includes the following features:

  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
  • Fraud monitoring - Navy Federal Credit Union Free Easy Checking 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.
  • Mobile Banking Services - Navy Federal Credit Union Free Easy 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.
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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.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

ATM Fee: In-Network $0
Debit Card Replacement Fee $0
Online Bill Pay Fee $0
Overdraft Protection Fee (per transfer) $0
Paper Statement Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Check Copy $1
Early Account Closure $3
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $10
NSF Fee $29
Overdraft Item Fee $29
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $20
Wire Transfer Fee - Domestic (Outgoing) $14
Wire Transfer Fee - International (Outgoing) $25
ATM Fee: Out-of-Network $1
Bank Account Features
  • ATM Reimbursement
  • Bauer Financial A+/A Rating
  • Branch Access
  • Debit Card
  • Fraud Monitoring
  • Fraud Protection
  • Free Bill Pay
  • Interest Bearing Account
  • IRAs
  • Mobile Banking
  • Mobile Check Deposit
  • Nationwide ATM Network
  • NCUA Member
  • No ATM Fees
  • No Monthly Maintenance Fee
APY (Annual Percentage Yield) 0.05%

Navy Federal Credit Union Free Easy Checking Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+100

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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