Last Updated: 04/18/2025
Elevate Credit Union Save The Change Savings Account
Unaffiliated
in Savings Accounts from Elevate Credit Union
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Savings Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
5.25%(Verified 06/21/2024)
Minimum Opening Deposit
$0
Minimum Balance to Earn APY
$0
Elevate Credit Union Save The Change Savings Account Review
Elevate Credit Union Save The Change Savings Account is offered by Elevate Credit Union, a credit union founded in 1954 and based in Brigham City, UT. Elevate Credit Union Save The Change Savings Account are available in 50 states and Washington, DC.
Key Takeaways
- High yield savings. This account offers an annual percentage yield of up to 5.25%, which is much higher than the average interest rate for a savings account.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- No minimum initial deposit. There is no minimum balance required to open an account online.
Elevate Credit Union Save The Change Savings Account Pros & Cons
| Pros | Cons |
|
|
Elevate Credit Union Save The Change Savings Account FAQ
Are savings accounts from Elevate Credit Union federally insured?
Yes, your 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 Elevate Credit Union offer a signup bonus?
Elevate Credit Union Save The Change Savings Account doesn't offer a signup bonus.
What is the minimum initial deposit for Elevate Credit Union Save The Change Savings Account?
There is no minimum deposit to open a Elevate Credit Union Save The Change Savings Account.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Elevate Credit Union Save The Change Savings Account offer?
Elevate Credit Union Save The Change Savings Account offers an APY of 5.25% (APY stands for annual percentage yield, rates may change). This is much higher than the average savings account rate.
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 Elevate Credit Union Save The Change Savings Account charge?
Elevate Credit Union Save The Change 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 $15.00 fee.
- An overdraft on your account will trigger a $25.00 fee per item.
Does Elevate Credit Union Save The Change Savings Account charge overdraft fees?
Yes, Elevate Credit Union Save The Change Savings Account charges a $25.00 overdraft fee.What features and perks does Elevate Credit Union Save The Change Savings Account offer?
This savings account includes the following features:
- Mobile Banking Services - Elevate Credit Union Save The Change Savings Account allows you to manage your money online or with a mobile app.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
Can you set up a direct deposit to Elevate Credit Union Save The Change Savings Account?
Yes, you can typically set up a direct deposit to this account. 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.
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.
Hours of Operation
Sunday
All Day
Monday
All Day
Tuesday
All Day
Wednesday
All Day
Thursday
All Day
Friday
All Day
Saturday
All Day