HIGH-YIELD CHECKING
Make your money work harder
Put your hard-earned money to work for you. Our Income Checking account gives you better interest rates for faster growth.
Put your hard-earned money to work for you. Our Income Checking account gives you better interest rates for faster growth.
Put your hard-earned money to work for you. Our Income Checking account gives you better interest rates for faster growth.
Each month, earn 5.50% APY1 on balances up to $25,000 and receive up to $25 in nationwide ATM fee rebates when 3 easy steps are completed during that month’s Requirements Period (26th of the prior month – 25th of the current month):
Each month, earn 5.50% APY1 on balances up to $25,000 and receive up to $25 in nationwide ATM fee rebates when 3 easy steps are completed during that month’s Requirements Period (26th of the prior month – 25th of the current month):
Open an account and enjoy our early direct deposit to get your money up to three days early.²
Open an account and enjoy our early direct deposit to get your money up to three days early.²
Enjoy greater interest rates than traditional checking accounts. The more you save, the more you earn!
Keep more of your money in your wallet thanks to no monthly or transaction fees.
Get $25 in nationwide ATM fee reimbursements every month your account qualifies.
Other high-yield checking account benefits include:
Other high-yield checking account benefits include:
Our Card Manager feature in Online & Mobile Banking helps secure your cards while you’re away from home.
Experience the convenience and security of our Mobile Wallet service. Simply add your Columbia Credit Union debit or credit card to your device’s Apple Pay, Google Pay, or Samsung Pay app.
Make purchases in stores and within apps without swiping your cards or entering payment and contact information. Rest assured that merchants will never see your personal details or contact info.
Experience the convenience and security of our Mobile Wallet service. Simply add your Columbia Credit Union debit or credit card to your device’s Apple Pay, Google Pay, or Samsung Pay app.
Make purchases in stores and within apps without swiping your cards or entering payment and contact information. Rest assured that merchants will never see your personal details or contact info.
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Your debit card purchases are deducted from your account balance like any regular checking account. Additionally, 15 Income Checking debit card and Columbia CU credit card purchases each month help you qualify for the high interest.
The Income Checking account offers a high-interest rate of 5.50% annual percentage yield APY on balances up to $25,000. There are specific requirements to earn this rate and up to $25 in ATM fee rebates. You must make at least 15 purchases with your debit and credit cards, have a direct deposit of at least $500, and enroll in e-statements. This account has no monthly fees or minimum balance requirements.
The RewardsPlus Checking account provides different benefits. It includes perks like one free folio of checks per year, free unlimited money orders, and a discount on safe deposit box rental.
This rewards checking account does not have monthly fees or minimum balance requirements. It offers free online and mobile banking, a budgeting tool, and e-statements. The focus for the RewardsPlus account is on banking-related discounts and perks rather than a high-interest rate.
Yes, you can use your High-Yield Checking account for daily transactions. You have the ability to make purchases, pay bills, and withdraw cash. These accounts combine the flexibility of a checking account with the advantage of higher interest rates.
Refer a friend to open their first checking account with Columbia CU and we’ll deposit $100 into BOTH of your accounts. Just our way of saying thanks—and welcome! And, a great way for you to share the value offered through Columbia Credit Union membership with your friends and family.
Refer a friend to open their first checking account with Columbia CU and we’ll deposit $100 into BOTH of your accounts. Just our way of saying thanks—and welcome! And, a great way for you to share the value offered through Columbia Credit Union membership with your friends and family.
Learn about the features, benefits, and functions of checking accounts.
Learn about the features, benefits, and functions of checking accounts.
Earning cash back from your favorite restaurants and stores sound good? With our free checking account, earn unlimited cash back rewards on all your debit purchases.
Earn higher rates than other checking or savings accounts while keeping your money accessible whenever you need it. Plus, the more you save, the more you’ll earn!
With no monthly fees and a complimentary debit card, our Spend Checking is the perfect account for teaching your kids money management skills.
¹APY=Annual Percentage Yield is accurate as of June 1, 2024, and can change at any time without notice. When qualifications are met, the Rewards Dividend Rate is calculated and accrued daily on ending balances of $25,000 or less. Dividends are paid and compounded monthly. The advertised Rewards APY assumes your balance including the prior months’ dividends, is $25,000 or less every day of every month during the APY’s annual look-ahead timeframe. Minimum to open is $1. Requirements Period: (26th of the prior month – 25th of the current month). To earn Rewards APY and/or ATM fee rebates you must complete these three Requirements during the month’s Requirements Period: 1) Be enrolled in e-Statements; 2) Have a direct deposit of at least $500 into Income Checking; 3) Have 15 posted* Income Checking debit card or Columbia CU credit card purchases; pending transactions do not qualify. Please Note: Debit and credit card transactions may not post (or may show as pending, not posted) to your Income Checking or Credit Card Account the same day as the purchases. *Definition: posted transaction has fully processed and appears on your account statement or in online & mobile banking with a transaction date. Credit card purchases count toward Requirements when the same person is the Tax Reported Owner (member) on the Income Checking and the credit card account. ATM withdrawals don’t count toward Requirements. Limit one (1) Income Checking per Tax Reported Owner (Member).
2Early direct deposit is available for checking members that set up direct deposit with their employer or other payer to receive electronic deposits of regular periodic payments (such as salary, pension, or government benefits). Early direct deposits may be available to you up to 3 days earlier, however, we are dependent on the timing of your payer’s payment and therefore you may not always see your direct deposits arrive early.