Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.
Deal Summary: SaveUp Savings, 4.32% Base APY up to $1k, 4.37% APY up to $1k with minimum $50 automatic deposit. 17 other tiered APYs ranging from 0.30% to 1.00%; $5 minimum opening deposit.
I first wrote about Workers Credit Union’s (WCU) SaveUp Savings account last summer. What seemed at first glance to be a gimmicky account turned out to be a competitive savings account with blended rates based on 18 rate tiers.
The highest rate tier currently is 4.23% on balances up to...
Deal Summary: Interest Rewards Checking, 1.51% APY on qualifying balances up to $25k. High Yield Money Market, 0.75% APY, $150k minimum.
Availability: Residents of Colorado, Iowa, Kansas, Missouri, Nebraska, South Dakota, and Wyoming.
Nebraska-based Four Points Federal Credit Union (Four Points FCU) has a High Yield Money Market account with a tiered-rate structure that offers competitive rates on large balances. For smaller balances, members can receive a competitive rate from the Interest Rewards Checking. As a reward checking account, the rate isn’t the best, but the debit card...
Deal Summary: Kasasa Cash Checking, 3.00% APY on qualifying balances up to $25k. Kasasa Saver, 1.00% APY on qualifying balances up to $100k.
Availability: Southwest Missouri
DA began tracking the Kasasa brand products offered by The Cornerstone Bank about six months ago. The Kasasa Cash Checking currently earns 3.00% APY on qualifying balances up to $25k. Qualifying balances greater than $25k earn 0.60% APY (an usually high second-tier rate), with non-qualifying balances earning 0.05% APY.
The monthly qualification requirements are easily met and do not...
Deal Summary: NGAGE Checking, 2.50% APY on qualifying balances up to $15k. NGAGE Savings, 1.25% APY on qualifying balances up to $15k.
Availability: Ten northeast Alabama and ten northwest Georgia counties.
Alabama-based Family Savings Credit Union (Family Savings) has been offering its rewards checking account, NGAGE Checking, for about two years. The NGAGE Checking’s initial 2.50% APY on qualifying balances up to $15k is still in effect. Qualifying balances greater than $15k earn 0.50% APY (an usually high second-tier rate), with non-qualifying balances earning 0.05% APY.
Deal Summary: Free Kasasa Cash Checking, 3.00% APY on qualifying balances up to $10k. Free Kasasa Saver, 1.00% APY on qualifying balances up to $100k.
Availability: Nationwide, with religious affiliation
Slightly more than a year ago, I wrote about California-based ECCU (formerly Evangelical Christian Credit Union) newly added Kasasa brand product line. While the Free Kasasa Cash Checking’s initial 3.00% APY is still in effect, the qualifying balance cap was cut from $35k to $10k in September 2020. (As I’ve mentioned in previous blog posts, balance...
Deal Summary: Kasasa Cash, 2.50% APY up to $15k; Kasasa Saver, 1.00% APY up to $25k.
Priority Bank began offering Kasasa brand products about four years ago. The Kasasa Cash’s initial 2.50% APY on qualifying balances up to $15k is still in effect. Qualifying balances greater than $15k earn 0.25% APY, with non-qualifying balances earning 0.01% APY.
The monthly qualification requirements are easily fulfilled and do not include a direct deposit or ACH transaction.
One of the NTS (New to Summary) CDs in this week’s CD Rates Summary is Affinity Plus Federal Credit Union’s (Affinity Plus) 48-month CD. Currently earning 1.05% APY, the 48-month CD can be opened with a $500 minimum deposit, with no stated balance cap.
At the beginning of the year, a 10 bps increase gave the 48-month CD an APY of 1.20%, a rate which lasted for about two months. The...
Deal Summary: Kasasa Saver, 2.00% APY, up to $25k. Kasasa Cash Back, 2.00% cash back on $400 in monthly debit card purchases.
Availability: Affiliation with Texas Tech University, Texas Tech Health Sciences Center, Lubbock Christian University, or Texas Tech Alumni Association (possible easy membership).
Texas Tech Credit Union (TTCU) has a different take on the Kasasa brand products. Rather than offering the typical Kasasa Cash account that earns a substantially higher rate than its companion Kasasa Saver account, TTCU offers a Kasasa Cash Back/Kasasa Saver combo....
Availability: Nationwide with a military relationship; residents of six NW Louisiana parishes; active military and civilian employees at Barksdale Airforce Base; more than 1,000 SEGs.
It’s been almost a year since Barksdale Federal Credit Union (Barksdale Federal) significantly increased the scope of its field of membership (FOM). (I discuss that change in detail in the Availability section below, but simply put, prior military service qualifies for membership.)...