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  American Airlines Federal Credit Union Share Savings Account

American Airlines Federal Credit Union Share Savings Account

in Savings Accounts from American Airlines Credit Union · ncua

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American Airlines Federal Credit Union Share Savings Account

Unaffiliated

in Savings Accounts from American Airlines Credit Union · Insured by NCUA

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Highlights
Monthly Fee $0 - $1
APY (Annual Percentage Yield) 1.01%
APY Minimum Balance N/A

American Airlines Federal Credit Union Share Savings Account Review

American Airlines Federal Credit Union Share Savings Account is offered by American Airlines Credit Union, a credit union founded in 1936 and based in Fort Worth, TX. American Airlines Federal Credit Union Share Savings Account is available in 50 states (and Washington, DC).

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 1.01%, which is much higher than the average for a checking account.
  • $0 monthly Service Charge available. This account charges a monthly service fee of up to $1.
  • Small minimum initial deposit. You only need $5 to open an account.
  • Bill pay. Pay your bills to practically anyone in the United States through American Airlines Credit Union.
American Airlines savings account Pros & Cons
Pros Cons
  • Available in all 50 states.
  • High-interest yield.
  • Insured by NCUA.
  • Access to physical branches.
  • Access to a nationwide network of ATMs.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • No ATM access to American Airlines Federal Credit Union Share Savings Account.
  • Does not come with a debit card
  • Higher than average wire transfer fees.
  • Monthly service charge.
American Airlines savings account FAQ

Are savings accounts from American Airlines Credit Union federally insured?

Yes, your American Airlines Credit Union savings 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.

Does American Airlines Credit Union offer a signup bonus?

American Airlines savings account doesn't offer a signup bonus.

What is the minimum initial deposit for American Airlines savings account?

The minimum deposit to open a American Airlines savings account is $5.
American Airlines Federal Credit Union Share Savings Account Minimums
Description
Minimum Opening Deposit Starting at $5
Minimum Required Balance $5

What APY does American Airlines Credit Union offer?

American Airlines savings account offers an APY of 1.01% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only savings accounts, which is around 1% APY.

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does American Airlines savings account charge?

American Airlines savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

  • Outgoing domestic bank transfers come with a $20 fee.
  • Outgoing international bank transfers come with a $45 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.

What features and perks does American Airlines savings account offer?

This savings account includes the following features:

  • Check images with monthly statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks for each statement period.
  • Fraud monitoring - American Airlines savings 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 Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - American Airlines savings 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.

Can you set up a direct deposit to American Airlines savings account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for American Airlines savings account?

The customer support email for American Airlines savings account is cuaccess@aacreditunion.org.

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Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:30am - 5:00pm
  • Tuesday 8:30am - 5:00pm
  • Wednesday 8:30am - 5:00pm
  • Thursday 8:30am - 5:00pm
  • Friday 8:30am - 5:00pm
  • Saturday Closed

Other Services by American Airlines Credit Union

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

Minimum Opening Deposit Starting at $5
Minimum Required Balance $5
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Monthly Fee $0 - $1
Returned Deposit Fee (Domestic) $15
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Outgoing) $45
Bauer Financial A+/A Rating
Account Features
  • Automatic Transfers
  • Bauer Financial A+/A Rating
  • Branch Access
  • Check Images with Statement
  • Fraud Monitoring
  • Free Bill Pay
  • Interest Bearing Account
  • Mobile Banking
  • Mobile Check Deposit
  • Nationwide ATM Network
  • Insured by NCUA
  • No Monthly Maintenance Fee
APY (Annual Percentage Yield) 1.01%

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