Are you taking advantage of higher rates? If your checking account isn’t earning you money, it’s time to open a Bonus Checking account at Numerica.
With this high-yield checking account, earn 2.00% APY on balances up to $25,000 (0.05% APY above $25,000) when monthly requirements are met.*
This is an account that functions just like a regular checking account — but with higher dividend rates. In most cases, you must meet certain qualifiers to earn the higher rates.
Earning dividends through Bonus Checking is easy.
APY stands for annual percentage yield. It reflects the amount of money, or dividends, you earn on money in a bank account over one year.
In a rising rate environment, you should expect your checking and savings accounts to earn you more. It’s never smart for your money to sit in a low-rate account and not grow. This is especially true when you factor in inflation.
As the costs for goods and services grow, you want your money to retain as much value as possible in the marketplace. A high-yield checking account is a great way to make sure your money is growing every day.
Normally, a savings account is the perfect place to grow your cash. And it still is. Numerica’s Bonus Saver account is a great example. There is also a benefit to storing money away from the account you use for daily life to make sure it’s left alone to grow.
But the most important thing is that your money is making money. With Bonus Checking, you receive all the benefits of a checking account — plus earn high rates more commonly found on a great savings account.
*Here’s the legal stuff:
APY=Annual Percentage Yield. Bonus Checking is subject to a tiered variable rate. 2.00% APY applies to balances $0 to $25,000. 0.05% APY applies to balances over $25,000. APY accurate as of 1/1/2023. Rates may change after account opening. Fees may reduce earnings. If monthly qualifiers are not met, rate will be 0.00% APY.
In order to earn dividends at the disclosed rate, during each monthly qualification cycle you must: (a) use your Bonus Checking account debit card or Numerica credit card on the same member account for a combination of 12 transactions of $5 or more (excluding ATMs); and (b) consent to receive your periodic statements electronically (eStatements). Each qualification cycle will begin on the last business day of the preceding monthly statement cycle and end on the day that immediately precedes the last day of the current monthly statement cycle. Qualifying transactions must post and settle to your account during this period.
General Bonus Checking requirements
There is a limit of one Bonus Checking account per primary member (based on Social Security Number). The minimum amount required to open a Bonus Checking account is $25. No minimum balance is required to earn dividends as long as monthly qualifiers are met.
Numerica Routing Number: 325182690
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