Consumers Credit Union is based in Waukegan, Illinois, and offers a tiered APY on its Free Rewards Checking account.
- Customers who meet the necessary requirements receive a 3.09% APY. That is, they must make 12 monthly debit transactions, opt for e-statements, and have either one direct deposit, one automatic debit or Bill pay.
- Customers who meet the basic requirements and spend $500 in credit union VISA purchases can get a 3.59% APY with a $15,000 balance cap.
- Customers who meet the basic requirements and spend $1,000 or more on VISA purchases receive a 4.59% APY with a balance cap of $20,000.