Bonus Checking | Numerica Credit Union

Free checking that goes beyond

Numerica’s Bonus Checking is free checking … with benefits.

With 2.00% APY on balances up to $25,000 (0.05% APY above $25,000), you could earn up to $500+ in dividends** when monthly qualifiers are met
Access to our Round Up to Savings program
ATM fees refunded — up to $25 a month***

Start earning today!

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If you’re an existing member, adding an account is as easy as booking an appointment or giving us a ring!

Bonus Checking FAQs

What is a high-yield checking account?

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.

What are the qualifiers to earn dividends with Bonus Checking?

Earning dividends through Bonus Checking is easy.

Sign up to receive your statements electronically.
Use your Numerica debit or credit card for a combination of 12 transactions of $5 or more each month.

What is APY?

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.

Why is this a smart time to open a high-yield checking account?

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.

Should I keep my money in savings or high-yield checking?

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:

*Rate information
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 the last dividend declaration date. Rates may change after account opening. Fees may reduce earnings. If monthly qualifiers are not met, rate will be 0.00% APY.

Monthly qualifiers
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.

**$500 in dividends is not guaranteed when opening a Bonus Checking account. In order to earn $500 or more in dividends, an account balance of at least $25,000 must be maintained, and monthly qualifiers must be met, for an entire calendar year.

*** Monthly qualifiers for Bonus Checking must be met for ATM fees to be refunded.