Vibrant Credit Union announces launch of MoneyMaker Checking, a no fee, high interest earning, take on the go checking account. Get as much as 5.00% Annual Percentage Yield (APY)* when paired with a Standard Vibrant credit card.
"We’re so excited to offer this checking product to our members,” Matt McCombs, President and CEO of Vibrant CU, said. “We’ve listened to what our members want and it’s high interest on deposits, ATM access and no fees. This is exactly that. "
Moneymaker Highlights:
- 3.50% APY (up to $10,000)
- up to $10 per month in ATM fees automatically reimbursed
- 55,000+ free Allpoint ATMs
- No FEES
- Make $1000 in purchases with your standardVibrant Credit Card per month to
receive 5.00% APY (instead of the 3.50% APY)
“This is an extremely exciting opportunity for our current membership and potential new members,” Steve Ducey, Chief Experience Officer shares. “Not only does this new account have amazing benefits, but our mobile and online banking platform makes it possible to basically bank anywhere, anytime. ”
Vibrant serves the Quad Cities, Clinton, Geneseo, Westmont, Dekalb, Covington and Danville market, offering everything from savings and checking accounts to low rate mortgage and home equity programs.
*APY = Annual Percentage Yield. To qualify for the 3.50% APY and ATM fee reimbursements, members must have estatements, must have direct deposit of at least $500 a month, and must have 12 swipes on their Vibrant debit card per month. To qualify for the 5.00% APY, members must use our Vibrant Credit Mastercard and spend at least $1000 per month. Transactions made on the Vibrant Rewards Mastercard are non qualifying transactions. Any purchases that are returned on the credit card will not count towards the $1,000 qualification to earn 5.00% APY. If requirements are not met, the rate will be .10% APY for total balance. If requirements are met, funds over $10,000 will be at .20% APY. Limit to one account per member. Federally Insured by the NCUA.
