HUSTL Money Market Account 5% APY

midas89 | Jun 25, 2025 | 1,010 posts since 2017

The HUSTL Digital Credit Union has an NCUA-insured Money Market account currently paying 5% APY. Anyone can join. No monthly fees or minimums, and no transaction limits. Can fund the account via a credit card up to $2,000.

HUSTL is a division of Vantage West Credit Union of Arizona. Vantage West Credit Union is the legal entity behind this brand.

All accounts are held at Vantage West CU where savings are insured by the National Credit Union Share Insurance Fund (NCUA).

https://hustlfinancial.com/#products

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milty | Jun 25, 2025 | 1,688 posts since 2018

I wonder how long this little nugget (MM@5%) has been around? Must admit it's name is a concern, and that it's "designed to power the passion of modern freelancers and reduce the financial barriers they face." My only financial barrier is low deposit account rates, but am not sure I'm a modern freelancer. ;-)

midas89 | Jun 25, 2025 | 1,010 posts since 2017

@milty March 2024. I searched far and wide for a freelancer, but all those lancers I found wanted to charge me money.

Regarding the name HUSTL: I will also share here that I playfully think the reason why there is no letter “E” in their name HUSTL is because they couldn’t afford the “E” due to all the 5% APY interest they are paying out. Every letter not used is another basis point they can offer. At this rate, they’ll soon be called “HSTL.”

ichaelm | Jun 25, 2025 | 473 posts since 2010

Great find, Midas89! Let's hope that this rate sticks around longer than OnePath CU's did!!

midas89 | Jun 25, 2025 | 1,010 posts since 2017

Good thought, ichaelm, and since there is no ChexSystems check, I bet there will be people who are even more inspired to sign up with a credit card if they happen to have a credit card that pays a high cash back rate. If someone has the 4% cash back card, they'd get $80 cash back if they do the full CC $2,000 funding.

milty | Jun 25, 2025 | 1,688 posts since 2018

Do you know if the credit card transaction will show as a purchase or a cash advance? Btw, how did you find this nugget? Btw,I see that OMB has stopped taking applications for its online HYSA. Doesn't seem like most of these rate leaders last very long, so will be interesting to see how long Hustl lasts.

midas89 | Jun 25, 2025 | 1,010 posts since 2017

I have a close relative who lives in Scottsdale, and we talk money a lot, and she advised me about HUSTL quite awhile back. This was before the MM account existed. I did not partake back then because I was making higher interest elsewhere.

And I did not join in May because I was already making 5% APY at OnPath.

The use of a credit card to fund this account is supposed to be posted as a purchase by your credit card bank, and not as a cash advance.

milty | Jun 25, 2025 | 1,688 posts since 2018

Thanks for the info and for posting this. I wonder how many of these nationally available nuggets are out there going unnoticed by the likes of DA and DQ? In the meantime, I'll keep an eye on it.

RichReg | Jun 25, 2025 | 152 posts since 2012

Yeah midas...VERY great find.
..they also just told me NO MAXIMUM dollar balance? What?

Looks like they've been hiding this rate since May 1st !
https://hustlfinancial.com/assets/images/rate-sheet.pdf
Also, pays interest monthly...

midas89 | Jun 25, 2025 | 1,010 posts since 2017

After further research, HUSTL Digital Credit Union was formed in March 2024. At that time, they offered a savings account paying 4.50% APY. It appears you are correct, RichReg, that their 5% MM account began May 1, 2025.

RichReg | Jun 25, 2025 | 152 posts since 2012

Cool midas.

Shame on us D.A.ers ...
ALWAYS late to the party!

midas89 | Jun 27, 2025 | 1,010 posts since 2017

I forgot to mention that subsequent to the March 2024 4.50% savings account rate, HUSTL eventually lowered that rate to 3.50% APY, which is what it still is today. Thus, it would be no surprise if eventually the MM account suffered a large rate drop. Of course, I hope not.

racecar | Jun 25, 2025 | 625 posts since 2014

Anyone ask, or know how many external accounts are allowed? And ACH daily/monthly maxes?

The jokester in me wants to say, for their name they were going back and forth between "Hustl" and "Playbo", but decided on "Hustl" in the end. Meanwhile, the missing letter went to Hollywood: Wall-E.

I did have a look at the underlying CU... their direct rates aren't great but their digital Hustl side is much better, incl a 1yr CD @ 4.5 (not quite but near the top).

midas89 | Jun 25, 2025 | 1,010 posts since 2017

I would recommend verifying the following to make sure it still applies: Outgoing ACH Initiated at HUSTL: $10K daily, but cannot exceed $10K total weekly, and $25K total for the whole month. Incoming Pull Initiated at HUSTL: $100K daily, but $100K is the maximum per month.

Unknown how many external accounts can be linked.

Here's a little known fact I just made up: In 1975, when Van McCoy released the disco song "The Hustle," they initially wanted to spell Hustle without the e, but the record company thought the song’s success might be cut short...just like the word.

vlad | Jun 25, 2025 | 293 posts since 2020

Too much hustle. They require an intrusive access to your mobile phone and camera to make real-time selfies and photo documents which then evaluated by Socure Automated Document and Biometric Verification. If their cheep AI does not like you, nobody would know why, and they would just suggest you to apply again, since many applications are not accepted from the first attempt.

milty | Jun 25, 2025 | 1,688 posts since 2018

I think others are starting to require this type of authentication including Social Security if you want online access versus going in person. Am afraid the times they are a-changin.

xer00 | Jun 27, 2025 | 149 posts since 2019

Now that it's on here, they're about to get flooded with money.

midas89 | Jun 27, 2025 | 1,010 posts since 2017

I agree, guaranteed to be inundated with so much new money. It will be interesting to see what they do first: Cap the balance amount that can earn interest, halt new MM account openings, or lower the interest rate. Or a combination of things. If they keep the 5% APY rate for a nice amount of time, or at least keep it competitive with the highest rates available elsewhere when they lower the rate, everyone who was approved will be proud to be a HUSTL'R.

midas89 | Jun 27, 2025 | 1,010 posts since 2017

Someone posted elsewhere that a HUSTL agent said "they have a $7,500 per day/$10,000 per month limit on both inbound and outbound transfers via ACH"

So, if accurate, perhaps they changed their ACH limits from higher to lower, or perhaps the amounts the caller was told are the starting amounts for new accounts, etc. I don't know.

IGR | Jun 27, 2025 | 583 posts since 2020

I saw an initial post about HUSTL on DoC...
Warnings to greedy and desperate to HUSTLer the money into Penthouse.

It is a FinTech... of the worst kind, the kind that targets financial institution with weakest Compliance and Risk Management practices such as small town Credit Unions and Community Banks

with all the advertised nonsense, It is NOT a "division of Vantage West Credit Union of Arizona", it is a PARTNERSHIP with Nymbus - the software outfit behind Rogers and such.
only Funds "held at Vantage West CU", "Accounts" as Records are NOT" nobody knows where the Records are kept, Vantage West CU has no access to records knowledge of the accounts and accountholders.

About Nymbus
"Nymbus has disrupted the financial services market as an alternative to legacy business models".
I am sure NCUA will be thrilled to fund the rescue of alternative business models.
No NCUA or Vantage West Credit Union will come to the rescue when records are compromised or the recordholder has folded.

Neither Hustlfinancial or Nymbus or chartered and licensed to provide financial services by any jurisdiction.

HUSTL financial services are so "disrupted" that your "alternative" is to deposit the funds into "Digital Credit Union" with NO Credit Union Membership!!!

midas89 | Jun 27, 2025 | 1,010 posts since 2017

Hi IGR. your info should be an inspiration to every HUSTL'er to make sure they keep up-to-date records, such as downloading PDFs of their HUSTL statements, or at least take screenshots of the statements.

By the way, if you run the HUSTL routing number, the official title is: "VANTAGE WEST CREDIT UNION DBA HUSTL"

When you link the HUSTL MM account for ACH at your external bank, Plaid and others and banks themselves automatically insert the "VANTAGE WEST CREDIT UNION DBA HUSTL" name because that name is in the Routing Numbers Database.

"HUSTL Digital Credit Union is a digital brand under Vantage West Credit Union, which is a state-chartered, federally insured institution. Its NCUA Charter Number is 68558."

Vantage West's Charter Date was 1955. Their current assets are $3,197,235,147

Vantage West's main office is in Tucson, AZ. The Tucson metropolitan area population is about 1,043,000. They have 17 branches.

Maybe the above info along with people keeping their own HUSTL records as a backup might mitigate any fears of placing money at HUSTL.

IGR | Jun 27, 2025 | 583 posts since 2020

This isn't the level I am going to engage at.
What are your comments about, promoting another Fintech or dismissing legitimate concern?
I am experienced enough in this business to replace "fears" with Standards, no arguing will change that!
Careful reading may help. The legitimacy of Vantage West Credit Union was questioned nowhere!
I opened accounts with Hustlefinancial, including one that designed to pretend like a Member Share Account, though I haven't entrusted my funds into them since I've gotten no Membership and no Ownership in HUSTL Digital Credit Union, simply because it does NOT Exist in any Jurisdiction as a Registered and Licensed FINANCIAL Institution!
However, I've gotten confirmation that IGR has NO Membership and Share Ownership with Vantage West Credit Union; NCUA Charter 68558.
NCUA has a list of Digital only Credit Unions, yet NCUA is not aware of anything resembling Hustlfinancial.
I'll let you to sort out that paradox with NCUA.
ABA Numbers and Screenshots aren't useful to deal with Error 404, but you may prove yourself right.
You could surely keep and use your record in Civil litigation against "a digital brand under Vantage West Credit Union", just remember and remind others about still lingering outcome of Novo, Yotta and Synopse debacles.

We have different Standards. I am not going to subscribe to yours.
We like different kinds of 5%. Please, don't argue against my taste.

midas89 | Jun 27, 2025 | 1,010 posts since 2017

IGR, I was not arguing anything at all. I actually was complimenting you when I said your info might be an inspiration to others to keep good records, and implying your info could be quite helpful. And the rest of what I wrote was just to get your opinion on whether the info I posted might mitigate any fears. And of course, you shared that they they would not.

I in no way was implying you are wrong about anything. Thank you for advising people that opening a HUSTL account is not actually becoming a member of Vantage West CU. I hope you have an enjoyable 4th of July Holiday next week.

IGR | Jun 28, 2025 | 583 posts since 2020

The entire concept of my Standard is to make sure to never put yourself in a position when the security of my deposits have to be depended on the integrity of my records.
And while lame Depositors at large will never be able to evaluate and avoid the risks we must try to stay away from any suspicion that the Risk is elevated.
IGR is an example of lame Depositor, I never considered that insignificant negligence with the Record keeping may result in a significant loss during Systemic Crisis of 2008.
Though I was fortunate to recover the loss for the financial gain, I mostly appreciate the loss as a learning experience and still consider myself fearless but still lame with plenty of intricacies to learn.

imkelly | Jun 28, 2025 | 7 posts since 2025

IGR is so wrong. Hustle folks are members of Vantage West. I was forced to have $5 minimum frozen in a hustl savings account just like every other CU does, and if you look at the $5 locked into the savings account, it specifically says that $5 is for "Membership Pledge".

I received the following from a Vantage West Credit Union rep: "When you open a HUSTL money market or savings account, everything is legally under Vantage?West’s charter and NCUA membership. HUSTL isn't a separate credit union, you’re joining Vantage?West via the HUSTL brand, and are a member."

Ally6770 | 6 hours ago | 4,305 posts since 2010

IGR- -All community banks are not the same. Your post-

It is a FinTech... of the worst kind, the kind that targets financial institution with weakest Compliance and Risk Management practices such as small town Credit Unions and Community Banks.
I do not belong to this bank, have never been in this bank, have driven past this bank in years past, and have read about this CEO for years. He has been CEO for 19 of the 38 years he has been with this bank. But read of his other accolades. All community banks are not the same. You could not get much smaller than this community bank.
https://www.americanbanker.com/author/james-d-macphee

me1004 | Jun 28, 2025 | 1,381 posts since 2010

Thank you, midas89. I'm first look, this sound like a great find.

I do take note of IGRs comments. Worth considering, but I'm not sure where his info comes from, and the info, and even the routing number say this money will be NCUA insured. The routing number HUSTL gives is actually the routing number for Vantage West Credit Union.

I don't like the Website, too lacking, way too slimmed down. Info that should be under tabs is instead lost in a long list of questions in the FAQ. It says it offers CDs, but when I finally found the rates page (not easy), it merely lists a single rate for CDs, gives no info about anywhere, does not list the term length. For god's sake, it doesn't even list the term length! In going over every square inch of the Website, as much as I could find, there is no info about the CDs. It says CDs plural, but there is only one rate given, as if only one CD.

This place started up last year. By now, it should be better built.

I did find info that notes there are no paper checks for the checking account. I don't see any purpose in a checking account without checks. You can make all the same ACH transactions from the savings accounts instead, and the money will get much no more interest there. They do allow you go get a supply of checks from an outside source and they will honor them. I know of places for as little as $7 for that (I believe the supply is 80 checks). Actually, some give a supply for $5 for first order. Hmm, I suppose to use your ATM card, it will automatically be linked to the checking account, not the savings account. So, you would need the checking account even if you don't use checks.

Yes, anyone can join. If no other method qualifies you, they have an organization you can join to qualify, and they will pay the fee to join that, so free to you.

This certainly does have the feel of a fintech, as IGR says. But since the transactions will all be using the routing number of Vantage West Credit Union, I don't think your money would ever be at risk for any period -- HUSTL says it is a division of Vantage West, and it says it does not give any NCUA coverage, it is Vantage that does. But it never touches your money, the money is touched by Vantage West's routing number.

Still, I don't know exactly how it works. I have not been comfortable with the idea of these fintechs. HUSTL does seem to be operating similar to those. But it says it is a division of Vantage West, not an outside, independent company in contract with Vantage. IGR has info from I don't know where saying it is not a division of Vantage West, is an outside company. Perhaps rather than being a division, it is a subsidiary? That's a significant difference. I don't know. I don't like the fintech feel, but I'm not sure this is a fintech. But it wants to operate similar to one.

It does not tell any limitations on the amounts you can transfer via the ACH or check or debit card. I believe the only way around those limits would be -- paper checks.

I'm afraid they are slow in use of the ACH. The indication to link your account to an outside account, they will send a micro deposit. But they say that will take 2-5 days to go there! My experience for those is always overnight. This could mean delays getting money into your account, or to an outside account you want to send money.

I can't find any disclosures or fee schedule at the Website. I want that.

It says you can use the credit union coop ATM s free. But it gives no clue if you can use the shared branch system too. HUSTL doesn't say it, but it is clear they have no branches.

midas89 | Jun 28, 2025 | 1,010 posts since 2017

me1004, I agree with you about their website. By the way, there are two separate FinTech scenarios. The one with the negatives, of which I have avoided, are similar to Evergreen Wealth, as one random example. In their scenario, they themselves are not FDIC or NCUA insured. What they do is put all deposits into a pooled account at a bank that is FDIC insured.

The better FinTech scenario (FinTech standing for the use of Financial Technology to manage accounts), is where the insured bank or CU creates a digital-only bank that they themselves own, and where insurance is under theirs. Roger and Neighbors are two examples of this scenario. In the case of Neighbors Bank, it's just Neighbors Bank's name with the traditional branch and with the digital account. With Rogers Bank, Citizens Bank of Edmond chose to create a separate division, and give it its own name. Citizens Bank of Edmond has traditional bank branches.

I personally feel this second superior FinTech scenario is perfectly safe. I have always been able to increase FDIC or NCUA insurance with this type of FinTech account, unlike at Evergreen Wealth where use fdic reported he was unable to increase FDIC insurance because the money is in a pooled account at the external bank.

Regarding ACH transfers with HUSTL, just like with Roger Bank and so many others I'd recommend people choosing to initiate the transfers from their external bank, and hopefully everyone has a good Hub Bank to do this.

RichReg | 16 hours ago | 152 posts since 2012

For those who wanted confirmation...HUSTL does NOT participate in the Shared Branch Network ;
(even though they do permit account access via their ATM card).

milty | Jun 28, 2025 | 1,688 posts since 2018

Just curious. If you're a Hustl member can you also use your online credentials to login at the Vantage West website?

midas89 | Jun 28, 2025 | 1,010 posts since 2017

No logins at Vantage West website. This is similar to Roger Bank, where you cannot log into Citizens Bank of Edmond. This is typically the case when a bank or CU creates a separate digital only account or accounts, and gives it a separate name, etc. And of course, they will also utilize separate smartphone apps.

milty | Jun 28, 2025 | 1,688 posts since 2018

Not sure what the difference here is but Brio Direct and Webster Bank appear to be more interoperable than Roger vs Citizens or Hustl vs Vantage West. As to whether one vs the other way of operating should give a depositor more confidence i don't know.

_DAdefender | Jun 30, 2025 | 17 posts since 2023

Although this holds true for the vast majority of banks, there are a few outliers which don't fall into place.

Question - "Are there any restrictions on initiating ACH/EFT transfers from external banks to deposit funds into, or withdrawal funds out of, HUSTL's Money Market?"

Reply - "When initiating the transfer from your other financial institution, no our limits do no apply."

racecar | 12 hours ago | 625 posts since 2014

30+ comments now in a thread about a liquid savings account leader.
That's usually about the point where the rate drops suddenly significantly out of the blue.

Too many questions and hoops, and smells 100% of a come-on. That's not necessarily bad in itself, but once come-ons stop, they usually seem to lower below where the better "steady" places are.

DQ has a post just today about a 5% 5-month CD ($100k max) at CU of SoCal, which in a way is kind of like this... you have to sign up yet again with a new place only for a few months of a good rate (I doubt HUSTL would still be offering 5% savings 5 months from now).

Over the last 2 years I joined a handful of high liquid account places and only one has (so far) been decent, in not lowering rates unless the Fed lowers. All the others have lowered whenever they felt like it for more profit$. One is even at low-3% now. So I'll wait and see how things play out and what this place is like longer-term first. But for any of you who do get an account with them, reports about them are always welcome.

--"A man, a plan, a canal, panama"

choice1 | 11 hours ago | 371 posts since 2023

And as a friendly reminder to all...the NCUA does not have enough Board members (removed by Mr. T) to have a quorum for any meeting! And how does this impact NCUA insurance, its policies, and payouts...Ken, what says you? Anyone?
Should your CU be disclosing the ramifications?

sardonia | 7 hours ago | 15 posts since 2025

I always ask for FDIC or NCUA # when considering a new account, and if the number does not match the name I email FDIC or NCUA to get confirmation on an email that deposits are insured. In every case so far, I get an iron-clad statement of "Yes". I did not get that from the NCUA on HUSTL. I got:
"Based on my research, IF HUSTL Financial Digital is owned by Vantage West CU then the member deposit accounts will be insured. Vantage West FCU is an NCUA insured credit union, and it LOOKS like HUSTL is owned by them. Because Vantage West is a state-chartered CU, I would reach out to the state of Arizona to confirm the Vantage West owns HUSTL. Hopefully that helps." my CAPS added for emphasis.
I don't have 40 hours to "reach out to the state of Arizona" (WHO in Arizona????). I pass.

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