RewardChecking

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We're taking high-interest checking to new heights.

Earn healthy interest rates on your checking balances by simply using your MECU debit card, signing up for direct deposit, and opting for paperless statements.
Earn 3.00% APY on qualifying balances below $10,000*
No monthly maintenance fee or minimum balance requirement
Stay in control with our easy-to-use Mobile App

Reap the rewards of an account that works harder.

RewardChecking does double duty as a superb checking account and an effective savings strategy. Qualifying for higher interest rates and ATM fee reimbursements is a breeze. All you need is:

 

  1. 12 debit card purchases during each monthly cycle 
  2. One direct deposit, bill pay or automatic ACH payment
  3. Enrollment in free eStatements
Each monthly cycle that you meet the qualifications, you'll enjoy:
 
  • 3.00% APY* on balances up to $9,999.99
  • 0.15% APY* on balances of $10,000 or more
  • Reimbursements of up to $20 in monthly ATM fees charged by other banks
Don't worry – your RewardChecking account is always free from a monthly maintenance fee and minimum balance requirement, no matter what.
 

2021 Cycle Dates for RewardChecking

  • Aug 26 – Sep 28
  • Sep 29 – Oct 27
  • Oct 28 – Nov 26
  • Nov 27 – Dec 29
  • Dec 30 (2021) – Jan 26 (2022) 
  • Jan 27 - Feb 23
  • Feb 24 - Mar 29
  • Mar 30 - Apr 27
Banking with MECU Credit Union in Maryland means belonging to a local financial institution that invests in the Baltimore community and offers competitive rates on checking accounts.
Disclosures
*APY = Annual Percentage Yield. Information accurate as of 5/1/2020 and subject to change without notice.  Account transactions and activities may take one or more days to post and settle to the account. All required transactions must post and clear the account during the Monthly Qualification Cycle in order to qualify for the account's rewards. Intra-bank transfers do not count as qualifying ACH transactions. Transactions posted after a specific cycle's qualifying period may be counted toward the subsequent cycle's totals. “Monthly Qualification Cycle” dates are outlined on mecu.com. Reward Information: if qualifications are met each Monthly Qualification Cycle, balances up to $10,000 receive APY of 3.00% and portion of balance over $10,000 earns 0.15% APY, resulting in 0.15% - 3.00% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY for that cycle.

Reimbursements up to $20 for nationwide ATM withdrawal fees incurred during the Monthly Qualification Cycle in which you qualified. This checking account only. When RewardChecking qualifications are not met, ATM withdrawal fees are not refunded. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. 

See Truth In Savings for full disclosure.