Consumers Credit Union (IL) offers competitive rates for their Rewards Checking account. See current rates below.
- Consumers CU was established in 1930 and is headquartered in Gurnee, Illinois.
- They have locations throughout Illinois.
- They offer competitive rates for their reward checking account.
- Membership is available nationwide.
Consumers Credit Union Free Rewards Checking
- Rate offer: 5.00% APY up to $10k
- 0.20% APY $10k – $25k
- 0.10% APY $25k+
- Availabilty: Nationwide via membership
- Minimum for APY: $0
- Monthly service fee: $0
How To Earn The Rates
Rate 1
Earn 3.00% APY on balances up to $10,000
- Receive eDocuments (enroll and accept the disclosure)
- Complete at least 12 debit card purchases totaling $100 or more each month. Debit card transactions can be made with or without using your personal identification number (PIN).
- Direct deposits or ACH credits totaling $500 or more must post to your account monthly.
Rate 2
Earn 4.00% APY on balances up to $10,000
- Simply meet the requirements to earn 3.00% APY . . . then add:
- Spend $500 or more in CCU Visa Credit Card purchase transactions each month; no minimum number of transactions.
Rate 3
Earn 5.00% APY on balances up to $10,000
- Simply meet the requirements to earn 3.00% APY . . . then add:
- Spend $1000 or more in CCU Visa Credit Card purchase transactions each month; no minimum number of transactions.
Account Features
- Earn 80X the National Average Rate on balances up to $10,000
- Unlimited reimbursement for any and all ATM fees
- No monthly maintenance fees, for anything
- Get paid as much as two days early with early direct deposit
- Over 30,000 ATMs & over 5,000 shared branches
- Never a minimum balance
- Online banking and bill pay
- Visa debit card with chip technology
- Mobile banking
- Write unlimited checks
Bottom Line
Nice rate opportunities that are available to everyone nationwide via membership. Balances over $10,000 won’t earn the high rate, however. Compare this offer with the best bank offers here.
Read more: Compare all the best Reward Checking rates here.
Read more: See promotions from Chase Bank, BMO, Bank of America, TD Bank, and U.S. Bank.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
What would be nice is effective customer service and being able to do a wire transfer without having to wait forever on hold to finally be able to talk with a rep to only end up being added to a queue and get called back after 4:30 and they can no longer do the wire transfer for you and ask you to call back again the next day. Why would i do that only for it to happen again. I am just going to close all my accounts a refinance my loans with someone else the better rates on checking and slightly lower rates on loans is not worth the hassle.
Thank you for delaying closing on my home for another 3 days. Maybe even longer if i have to repeat the above steps.