Market USA Federal Credit Union VIP Checking Available Nationwide


Deal Summary: VIP Free Checking Platinum Tier, 3.01% APY on qualifying balances up to $15k.

Availability: Easy membership requirement; Residents of DC, GA, MD, NC, PA, SC, TN, VA, and WV; many Partner Organizations and SEGs.

In yesterday’s blog post about Rewards Checking Accounts (RCA), one of the RCAs featured was the Market USA Federal Credit Union (Market USA) VIP Free Checking (Platinum Tier). I last wrote about the VIP Free Checking in 2018 and the rate at that time is still in effect today: 3.01% APY on qualifying balances up to $15k. Qualifying balances above $15k earn the “APY paid on regular checking accounts,” which is currently 0.05% APY.

The VIP Free Checking account has been part of Market USA’s product line since 2009. When I first wrote about the VIP Free Checking’s Platinum Tier in 2009, it offered 4.00% APY on balances up to $50k. It became a two-tier account in early 2011, with the second tier offering a higher rate if a minimum of three monthly bill payments were completed. In late 2011, the top yield fell first to 3.00% and then to 2.00%, with the balance cap plummeting from $50k to $15k in 2013. The yield remained at 2.00% until August 2017, when it increased to 3.01% APY.

Monthly Qualification Requirements

  • At least $250 in monthly direct deposit
  • At least 12 debit card purchases (minimum $5 each)
  • At least three bill payments (minimum $20 each)
  • Be enrolled in eStatements

The VIP Checking account has no minimum balance requirement, no monthly maintenance fee, or per check charge. There is a limit of one VIP Checking account per primary account owner/Social Security number. While there is no reimbursement for foreign ATM fees, Market USA is a member of the CO-OP network, giving its members access to more than 30,000 surcharge-free ATMs nationwide.

The VIP Checking landing page explains that there are,

Eight free monthly transactions at CO-OP, Alliance One, Plus®, and Star® ATMs with Direct Deposit of $500+.

The eight transactions include deposits, withdrawals, transfers, and inquiries. There is a $1 fee for each transaction after the first eight.

Market USA offers a Mobile App with Mobile Check Deposit, but according to the fine print on the VIP Checking landing page, it is only available when the following conditions are met:

Membership must be established for at least 90 days; checking account must be opened for at least 30 days; account must be in good standing; primary account holder must be at least 13 years of age.


Headquartered in Laurel, Maryland, Market USA Federal Credit Union’s field of membership (FOM) provides a route to membership for almost any U.S. citizen or resident alien.

Easy Membership: Membership in the Market USA Cares Foundation (minimum $5 donation) qualifies for Credit Union membership. “Market USA Cares Foundation is a 501(c)(3) organization that assists charities supported by partners of Market USA FCU and local organizations in communities where Market USA FCU members live.”

Residency: Residents of Georgia, North Carolina, South Carolina, and Tennessee are eligible to join Market USA through the Carolina Chapter of the American Consumer Council (ACC). Residents of Maryland, Pennsylvania, Virginia, Washington D.C., and West Virginia can qualify for Market USA membership by joining the Maryland ACC Chapter. By selecting either ACC Carolina Chapter or ACC Maryland Chapter in the "Membership Eligibility" section of the online application, you will become a member of ACC at no cost to you.

Employment/Affiliation: Employees and retirees more than 25 Partner Organizations (mostly grocery store chains), and members of more than 80 other organizations are eligible to join.

Family Relationship: Immediate family (spouse, children, parents, grandparents, grandchildren, siblings) or household members of existing Market USA members are also welcome to apply.

Joining Market USA and/or opening a VIP Free Checking account can be done online. Market USA’s three branch locations currently have different accessibility:

  • The Laurel (MD) branch has re-opened its lobby for walk-in transactions.
  • The Hyattsville (MD) branch lobby is open by appointment only.
  • The Greenville (SC) branch lobby is temporarily closed, but the drive-thru remains open.

If joining Market USA FCU through the Market USA Cares Foundation,

your initial deposit will be at least $10; $5 of which will be a foundation (charity) donation.

Market USA participates in both the CO-OP Shared Branch and ATM networks.

With 30,000 surcharge-free ATMs and 5,000 Shared Branches, Market USA is always just around the corner.

Credit Union Overview

Market USA Federal Credit Union has an overall health grade of "B+" at, with a Texas Ratio of 5.14% (excellent) based on December 31, 2019 data. Market USA has an excellent capitalization level (22.14%), the result of holding assets of $114.16 million with $25.27 million in equity. Please refer to our financial overview of Market USA Federal Credit Union (NCUA Charter # 9003) for more details.

Market USA Federal Credit Union was originally established in 1953 as Giant Food Department Stores Federal Credit Union. In the past 67 years, the Credit Union has gone through three name changes, three mergers, and a FOM expansion, resulting in a significant presence throughout the Southeast. Market USA currently has more than 18,400 members and assets in excess of $114 million.

How VIP Checking Compares

When compared to the nationally available High Yield Rewards Checking Accounts tracked by that have maximum qualifying balances of at least $15k, Market USA Federal Credit Union’s VIP Checking Platinum Tier APY* currently ranks fourth.

The above rates are accurate as of 7/1/2020.

To search for the best Reward Checking Account rates, both nationwide and state specific, please refer to our High Yield Reward Checking Account Rates Table page.

*We continue to work to keep our rates up-to-date, but there have been just too many rate cuts for us to process quickly. For the time being, please be aware that the rates listed at may not reflect the latest rates published by the banks and credit unions.

General opinions on reward checking: Please avoid comments expressing general reward checking complaints. To discuss and debate the pros and cons of reward checking, please refer to this reward checking blog post.

Related Pages: Washington checking accounts, Greenville checking accounts, reward checking accounts, nationwide deals

Market USA FCU Offers 10-Month CD Special and Reward Checking

UPDATE 5/23/2018: 10-month Tax Time Certificate Special is now available through May 31, 2018.

UPDATE 5/2/2018: 10-month Tax Time Certificate Special is now available through May 10, 2018.

Deal Summary: 10-month Tax Time Certificate Special, 2.50% APY, $500 min/$10k max deposit; VIP Checking Platinum Tier, 3.01% APY on qualifying balances up to $15k.

Availability: Easy membership requirement

Now through April 30, 2018, Market USA Federal Credit Union (Market USA) is featuring a 10-month Tax Time Certificate Special, earning a 2.50% Preferred APY that includes a 0.10% premium for...

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Market USA FCU Boosts VIP Checking Platinum Rate

UPDATE 3/29/2018: All U.S. citizens and resident aliens are eligible for membership by joining the Market USA Cares Foundation.

Deal Summary: VIP Checking Platinum Tier, 3.01% APY on qualifying balances up to $15k.

Availability: Easy membership requirement; Residents of Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, D.C., and West Virginia; various Partner Organizations and SEGs.

I wrote about Market USA Federal Credit Union’s (Market USA) VIP Checking Platinum Tier almost two years ago, when it earned 2.00% APY on qualifying balances up to $15k. That...

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Market USA FCU (Multi-State) Has Competitive 60-Month CD
Availability: Residents of District of Columbia, Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia; various Partner Organizations and SEGs.

Last week, Maryland-based Market USA Federal Credit Union (Market USA) raised the rate on its 60-month CD (2.41% Preferred APY). The minimum opening deposit is $500 and there is no balance cap.

The Preferred APY includes a 0.35% premium; eligibility for the 0.35% premium requires having Direct Deposits and receiving e-Statements. The APY will decrease by 0.35% if the direct deposits or...

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4.00% Reward Checking Account at Market USA Federal Credit Union in MD, MA & SC - Local Only
Market USA FCU is offering a high yield reward checking account called VIP Checking. The account offers the following rates and features if certain monthly requirements are met:
  • 4.00% APY on balances up to $50,000
  • 0.10% on all amounts above $50,000
  • No interest is earned if requirements are not met
The monthly requirements include:
  • 12 Visa check card purchases (minimum $5 each)
  • One direct deposit of at least $250 of net pay
  • Enrollment in Internet Banking and eStatements
  • 3 online bill payments (minimum $20)
Additional features of the account regardless of the monthly requirements include:
  • No minimum balance requirement
  • No monthly...

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5.31% 13-Month CD at a MD/SC/MA Credit Union (Market USA).
Update 2/2/08: CD special has ended. Please check the credit union's website for the latest rates.

Market USA Federal Credit Union is offering a special 5.31% APY 13-month share certificate. The minimum deposit is $500.

Membership is primarily based on select employee groups. Please see their Membership page for the full details. Membership requires a $5 deposit in your savings account.

Branches are located in Maryland, South Carolina and Massachusetts. The credit union is federally insured by the NCUA (Charter # 9003). It has $80.3 million in assets and 22,114 members.

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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 [email protected] 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.