3.15% Reward Checking Account at Navigant Credit Union in Rhode Island

Update 10/04/09: The top rate has fallen to 3.15% APY.

Navigant Credit Union is offering a reward checking account called Journe Rewards Checking. The account offers the following features if certain monthly requirements are met:

• 3.15% APY on balances from $10 to $25,000
• 1.01% APY on balances over $25,000
• 0.10% base rate if qualifications are not met
• ATM fees nationwide refunded up to $25 per cycle

The monthly requirements include:

• 12 Visa debit card purchases
• one direct deposit or automatic payment
• receive e-statements

Additional features of the account regardless of the monthly requirements include:

• $10 minimum intial deposit
• no monthly fees

The credit union's Membership page doesn't provide many details about eligibility. I called on Friday and was told that they require a branch visit to join and to open this reward checking account. Also, you have to be a resident of Rhode Island or Southern Massachusetts.

Branches are located in the Rhode Island cities of Central Falls, Cumberland, Lincoln, Pawtucket, East Providence, Smithfield and Woonsocket.

The credit union is federally insured by the NCUA (Charter # 62882).

Other Reward Checking Accounts

To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.

Rate History:
10/01/09: 3.15% APY up to $25K
03/15/09: 4.05% APY up to $25K; 1.01% over; 0.10% base

Tags: Massachusetts, Rhode Island, Navigant Credit Union, checking account, reward checking account