3.00% Reward Checking Account in Washington State (iQ Credit Union)

POSTED ON BY

Update 5/03/09: The top yield has fallen to 3.00% APY. See bottom of post for the rate history.

iQ Credit Union is offering a reward checking account called Intelligent Checking that pays 3.00% APY on balances up to $25,000 (0.10% for above) and refunds ATM fees (up to $25) if the following monthly requirements are met: 1) 12 debit card transactions, 2) one ACH or payroll deposit of $100 or more, 3) receive eStatements, and 4) use the Computer Branch at least once. If these are not met, the rate falls to 0.05%.

Membership is open to those who live, work, worship or go to school in the state of Washington. Please refer to the Eligibility Q&A for more details. Membership requires a minimum deposit of $25 in the share savings account.

Branches are located in the Washington cities of Vancouver, Battle Ground and Ridgefield. The credit union is federally insured by the NCUA (Charter # 60438). It has $375.6 million in assets and 41,065 members.

Other High Yield Reward Checking Accounts

For other reward checking accounts and for more information on these accounts, please refer to the following posts:


Rate History:
05/01/09: 3.00% APY for up to $25K; 0.10% for above
04/01/09: 3.15% APY for up to $25K
03/04/09: 3.55% APY for up to $25K
01/05/09: 3.80% APY for up to $25K; 0.20% for above; 0.05% if req's not met
11/03/08: 4.35% APY
10/02/08: 5.00% APY
05/09/08: 5.25% APY
03/05/08: 5.75% APY for up to $25K; 0.35% for above; 0.20% if req's not met
Related Pages: checking account, reward checking account

Comments
Anonymous
Anonymous   |     |   Comment #1
Looks like a branch visit is required to open the a/c. From the a/c opening page:

"As part of our membership process, it is necessary to visit a branch to produce identification, sign a few documents, and make your opening deposit. Please indicate below which branch would be most convenient for you to perform these transactions. "
Anonymous
Anonymous   |     |   Comment #2
Looks like their Intelligent Checking (Rewards cehckings) is now at 5.00% APR.
Daveflave
Daveflave   |     |   Comment #3
As of November 1, 2008 their Intelligent Checking has dropped to 4.35% APR.
Anonymous
Anonymous   |     |   Comment #4
The new rate table effective 1/1/09 list new rates:
3.80% APY up to $25K; 0.20% APY over $25K; 0.05% if requirements not met.
Anonymous
Anonymous   |     |   Comment #5
Effective 3/4-10 the top rate has fallen to 3.55%. Other rates remain same.
Anonymous
Anonymous   |     |   Comment #6
Effective 4/1-7 top rate has fallen to 3.15% APY. Other rates remain same.

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.