What Is the Consumers Credit Union Rewards Checking Account?

Consumers Credit Union Rewards Checking Account turns your everyday spending into big earnings.

This account is a tiered-rate, interest-bearing checking account. The more you use it—through debit card purchases, direct deposit, online banking, and even credit card spending—the more interest you can earn, up to an industry-leading 5.00% APY.

With no monthly fees and free ATM access, it’s built for those who want both value and rewards from their primary checking account.

Consumers Credit Union Rewards Checking Account Overview

How It Works

With up to 5.00% APY on balances up to $10,000, nationwide fee-free ATMs, and no monthly maintenance fees, it’s one of the most rewarding checking accounts available.

1. Join Consumers Credit Union: Membership is open nationwide with a $5 membership fee.
2. Open Your Rewards Checking Account: Fund with any amount to get started.
3. Meet Monthly Requirements: Complete qualifying debit card purchases, enroll in eStatements, and use direct deposit to unlock higher APYs.
4. Earn Tiered Rewards: Earn 0.10% APY with no activity, 3.00% APY with moderate activity, or 5.00% APY with full requirements met.

Key Features & Benefits

Who Is It For?

• Everyday spenders who use debit and credit cards frequently
• Savers looking to maximize checking account interest earnings
• Members who want nationwide access with no ATM fees
• Anyone seeking a rewards-driven, no-fee checking account

Pricing & Fees

• Monthly Fee: $0
• APY: 0.10% – 5.00% (depending on requirements met)
• ATM Fees: Unlimited refunds nationwide (requirements met)

Trust & Security

• Backed by Consumers Credit Union, serving over 200,000 members
• Federally insured by the NCUA up to $250,000 per depositor
• Strong online and mobile banking protections

Consumers Credit Union Rewards Checking FAQs

How do I qualify for 5.00% APY?
You’ll need 12+ debit purchases, $1000 in CCU Visa® credit card purchases, direct deposit, eStatements, and one online banking login per month.

Is there a balance cap on the high APY?
Yes, the 3.00% and 5.00% APY rates apply to balances up to $10,000. Amounts above that earn 0.10% APY.

Do I need to live in Illinois to join?
No. Consumers Credit Union membership is open nationwide with a one-time $5 membership fee to the Consumers Cooperative Association.

Does the account have monthly fees?
No. There are no monthly maintenance fees.

Start Earning Rewards with Consumers Credit Union

Maximize your everyday banking with one of the highest-yield checking accounts in the country.