Get a $750 Welcome Deposit for eligible new customers who open an 
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- Blue Federal Credit Union
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Blue Federal Credit Union offers some impressive rates on their Checking and Savings accounts. Unfortunately, the highest rates available are a bit of a gimmick, so don’t get too excited. On the plus side, accounts are available for nationwide application.
Established in 1951 and headquartered in Cheyenne, Wyoming, Blue Federal CU has nearly 15 locations in Colorado and Wyoming.
Membership in Blue Federal Credit Union is open to anyone through joining the Blue Foundation ($5 opening deposit is your donation). Membership is also open to employees and base contractors at F. E. Warren Air Force Base, or through select employee groups. See current membership info.
Be sure to compare the best nationwide rates using these guides: Savings Rates | CD Rates.
I’ll review the offers below and you can decide if it’s worth taking a look.
Blue Federal CU’s Accelerated Savings Account Earns 4.99% APY!?
The rate with the Accelerated Savings account blows away rates provided by all the top banks, which would make it a no-brainer, correct? Well, that rate applies to balances up to only $1,000. That’s no typo. Balances of $1,000.01 or more will only earn 0.10% APY.
So, I obviously only recommend going for this account if for some reason you’re only going to invest less than $1,000. Otherwise, pick one of the many other top Savings accounts without such a ridiculously low maximum balance restriction on the highest rate. The list further down below will have much better options.
- Minimum daily balance of $25.00 required to earn dividends
- Low $5 transfer per month to earn dividends
- Maximum balance $1,000
- Dividends calculated daily and paid monthly
- Rates are subject to change
- Low $5 deposit to open your account
- Make deposits to your account at any time
Always check for the best rates on this Savings Rates page. The pages below are reviews of the top accounts. *You may also want to look at the best current Savings Account bonus offers.
- CIT Bank Promotions: Online Money Market Account 1.85% APY Offer
- Barclays Bank Promotions: Savings And CD Account Offers, Bonuses
- Popular Direct Online Savings And CD Account Promotions
- Chase Coupon Promo Codes: $200, $300, $350, $500 – May 2018
- HSBC Bank Promotions: $200, $350, $750 Checking Account Bonuses
- Marcus By Goldman Sachs Online Savings & CD Offers, Promotions
- Ally Bank Online Checking, Savings, CD, Investing Promotions
- Synchrony Bank Online Savings, CD, Money Market Promotions
- DollarSavingsDirect Online Savings & CD Account Promotions, Offers
- Salem Five Bank Checking, Savings, CD Promotions
MoneysMyLife Top Offer Picks  Earn a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. Also earn a $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 10 days & maintain a $10,000 balance for 90 days. Apply for both offers and get a $350 total bonus. Full Review Get $300 when you open a new Chase Premier Plus CheckingSM account and set up direct deposit. This account has more features than the Chase Total Checking® and the monthly service fee can be waived with a few different requirement options. A $300 Checking bonus is one of the best offers from Chase Bank. Full Review Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 10 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. This is the most popular Business Checking offer.Full Review |
Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. 
Get a $750 Welcome Deposit for eligible new customers who open an 
Earn 75,000 miles each year (worth $750) if you spend $25,000 on purchases with the Barclays Arrival® Premier World Elite Mastercard®. This credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. 
The HSBC Cash Rewards Mastercard® has a sign-up bonus of $150 when you spend at least $500 on purchases within the first 3 months of account opening. This credit card will also earn an ongoing 1.5% cash rewards rate on all purchases and has no foreign transaction fees. There is no annual fee with this card. 
CIT Bank is offering a 1.85% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. 
Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. 
Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. How About The Extreme Checking Account That Earns 4.00% APY?
Interested in going full gimmick mode? Well, Blue Federal CU’s Extreme Checking has just what you’re looking for!
You’ll definitely be able to the 4.00% APY, with these big caveats:
- The highest 4.00% APY rate only applies to balances up to $15,000
- You must qualify as a “Sapphire” member to earn this rate. How do you earn Sapphire status? Well, you’ll need to earn 9+ points with their Rewards For Life program. How do you earn the 9+ points?
| Length of Relationship | |||
| Years of Membership | 0-5 years | 5-15 years | 15+ years |
| Points Available | 1 point | 2 points | 3 points |
| Product Points | Points Available |
| Any Checking | 1 |
| Any Investments at Blue Account | 1 |
| Any Money Market | 1 |
| Any Term Share | 1 |
| Any IRA | 1 |
| Any 1st Mortgage/Bridge Loan | 1 |
| Any 2nd Mortgage/HELOC/Finish | 1 |
| Any Auto/RV/Other Secured | 1 |
| Any Unsecured Loan/Line of Credit | 1 |
| Any Credit Card | 1 |
So, there you have it. You can earn the 4.00% APY rate with the Extreme Checking account by simply being a member for 15 years, opening a Money Market Account, opening a CD account, opening an IRA account, opening a Mortgage account, opening a credit card account, and then opening an Extreme Checking account. Do all of that, and you’ll earn 4.00% APY on balances up to $15,000!
See all the best Bank Promotions here, including great offers from Chase Bank, TD Bank, Bank of America and CIT Bank.
- CIT Bank Promotions: Online Money Market Account 1.85% APY Offer
- Chase Total Checking Account Bonus: $200 Coupon Available Online
- Chase Bank Business Checking Promotion: $200 Sign-Up Cash Bonus
- Chase Premier Plus Checking℠ Bonus: $300 Coupon Offer
- Chase Coupon Promo Codes: $200, $300, $350, $500 – May 2018
- HSBC Bank Promotions: $200, $350, $750 Checking Account Bonuses
- TD Bank Promotions: $300 & $150 Checking Account Bonuses
- BBVA Compass Bank Promotions: $150, $200, $250 Checking/Savings Bonuses
- Regions Bank Promotions: $200 Checking Account Bonus
- Simple Bank Review & Bonus Offer: Unlimited $20 Referrals
*These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.