Destinations CU (MD) Has Top-Rate Kasasa Cash


UPDATE: 10/4/2016 - Only members of the Friends of the Red Cross who live in the Greater Chesapeake Region (Maryland and Delaware) now qualify under the "Easy Membership" category.

Availability: Employees, members, and students of over 200 Sponsor Groups; residents of Parkville, Carney, Harford Park, Oakleigh Manor, and Ridgeleigh, Maryland are also eligible to join.

Destinations Credit Union (Destinations CU) has raised the rate on its Kasasa Cash account to 3.01% APY on qualifying balances up to $10K, with qualifying balances of $10K+ earning 0.25% APY. Non-qualifying balances earn 0.05% APY.

This is the first rate change since the Kasasa Cash account was introduced in September 2013, when the initial APY was 2.01%.

Destinations CU’s Kasasa Cash account has no monthly service fee, no minimum balance to earn rewards, and no minimum deposit to open. Domestic ATM fees incurred during qualification cycle will be reimbursed up to a limit of $20 per cycle. (ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.)

Monthly Qualification Requirements

  • Have at least 12 check card purchases post and settle
  • Be enrolled and receive eStatements
  • Be enrolled in and log into online banking


Headquartered in Baltimore, Destinations Credit Union offers membership through a variety of ways.

Limited Easy Membership: Joining the Friends of the Red Cross with a $25 donation qualifies you for membership in Destinations Credit Union, if you live in the Greater Chesapeake Region (Maryland and Delaware). (This is the fourth option on the first page of Destinations CU’s online application.)

Sponsor Groups: Employees, members, and students of over 200 Sponsor Groups qualify for membership.

Residency: Residents of Parkville, Carney, Harford Park, Oakleigh Manor, and Ridgeleigh are eligible to join. If you attended Parkville High School, you also qualify for membership.

Relationship: Family members of current Destinations CU members are also eligible to join.

Joining Destinations CU and/or opening a Kasasa Cash account can be done online, or at any of three Maryland branches located in Baltimore, Randallstown, and Westminster.

Credit Union Overview

Destinations Credit Union has an overall health grade of "B+" at, with a Texas ratio of 6.45% (excellent) based on June 30, 2015 data. In the past year, Destinations Credit Union increased its total deposits by $6.32K, an above average annual growth rate of 1.27%. Please refer to our financial overview of Destinations Credit Union for more details.

Originally chartered in 1935 as the Baltimore Transit Employees Credit Union, Destinations Credit Union (NCUA Charter # 66333) is the result of a 2006 merger with Team Federal Credit Union. Destinations CU has added more than 200 Sponsor Groups, and with the easy membership option of joining through the Friends of the Red Cross, expects to see its membership increase substantially in the years to come.

How the Kasasa Cash Account Compare

When compared to the Reward Checking accounts tracked by, which have similar monthly requirements and are available nationally, Destinations Credit Union’s Kasasa Cash currently ranks first.

The above rates are accurate as of 11/16/2015.

To look for the best nationwide Reward Checking account rates and the best Reward Checking account rates in your state, please refer to our Reward Checking account rates table.

Related Pages: Destinations Credit Union, Baltimore

Previous Comments
  |     |   Comment #1
Rationally considered 3% on 10K should merit interest given my existing 2%/15K RCA's, - and the $25 "qualifying fee" is pretty quickly recouped (comparatively high as it is in my experience).

Nonetheless I'll likely pass on this simply because I'm tiring of all the trouble for what amount to still pretty meager "rewards". 

These RCA's were a real prize back in the heyday when they first arrived on the scene, but have long since lost their luster.

I keep a half dozen active ones more just out of inertia than any real enthusiasm, but lifting a finger to establish what arithmetically is clearly better than what I have simply isn't likely to happen.

"RCA fatigue" you might call it.
  |     |   Comment #2
Just to note....    Destinations does a hard pull with Transunion prior to opening the account.  Confirmed with a branch manager (Tricia Fluke) this morning.    

I was also curious if there were stipulations around what constitutes a "check card purchase" to avoid confusion and was told, "As long as the card purchase(gas, coffee, groceries, clothes) posts within the cycle period, it will count towards the 12."

I'll start paying for my senior coffee at McDonalds with the check card.   :)
6.17% 6-Month CD at a Maryland CU (United Maryland Employees)
United Maryland Employees FCU is offering a a special 6.17% APY 6-month certificate. The minimum deposit is $5,000. Money must be new to the credit union.

Unfortunately, the field of membership is rather narrow. It's primarily based on Select Employee Groups. Please see the credit union's who can join page for details. Membership requires a $1 fee and a minimum deposit of $5 in your share savings account.

Branches are located in Owings Mills and Randallstown, Maryland. The credit union is federally insured by the NCUA (Charter # 20517). It's a small...

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