Advantage Checking
Choose a FREE checking account that gives you high interest or cash back while you spend. Get the Workers Advantage!
Checking Account Comparison
| Choose | Advantage High Interest Checking | Advantage Cash Back Checking |
|---|---|---|
| Reward | High Interest | Cash Back on Debit Purchases |
| Minimum to Open Online | $5 | $5 |
| Minimum Daily Balance | $0 | $0 |
| Monthly Maintenance Charge | $0 | $0 |
| ATM Fee Reimbursement | Up to $25 each statement cycle | Up to $25 each statement cycle |
Advantage High Interest Checking
A free checking account that is best for someone who typically carries a higher balance.1,2
Advantage Cash Back Checking
A free checking account that is best for someone who wants cash back on their purchases.1,3
Advantage Savings Account
Pair with Advantage Checking and earn high interest when you meet the monthly qualifications.1,4
A Workers Checking account gives you:
Debit or ATM Card
Shared Branching
Digital Banking
Overdraft Options
Even Safer Transactions
Use the CardValet® app to manage your card security and contact us to register your debit card for Mastercard SecureCode, a security PIN to make purchasing online with your card even safer.
1Rates subject to change at any time without notice unless otherwise noted. Rate may change after the account is opened. Offers may be withdrawn at any time. Subject to membership eligibility. Workers Federal Credit Union membership required; minimum balance to open membership account is $5, unless otherwise noted. Annual Percentage Yield (APY) and rates are effective as of 9/9/2021. Fees may reduce earnings. See our fee schedule for specifics. Interest compounded daily and paid monthly. See account disclosure and account terms and conditions provided at account opening for additional information.
2Advantage High Interest Checking: Account transactions and activities may take one or more days to post and settle to account and all must do so during the Monthly Qualification Cycle to qualify for the account's rewards. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. Advertised information and rewards are based on all account qualifications being met during each cycle period. If qualifications are not met, there may be fees which may reduce earnings. See our Fee Schedule for specifics. See our website or contact us for specific Monthly Qualification Cycle dates, other cycle dates, restrictions, non-qualifying reward transactions, reward calculations, account details, processing limitations, and enrollment.
Reward Information: APY = Annual Percentage Yield. APYs accurate as of . When your Advantage High Interest Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $15,000 in your Advantage High Interest account earn a dividend rate of 4.41% resulting in an APY of 4.50%; and daily balances over $15,000 earn a dividend rate of 0.995% on the portion of the daily balance over $15,000, resulting in a range from 4.50% - 1.46% APY depending on the account's daily balance. APY calculations are based on an assumed balance of $15,000 + $100,000 in your Advantage High Interest account and an assumed statement cycle of thirty-one (31) days. You will receive reimbursements up to an aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Advantage High Interest account during that Monthly Qualification Cycle. NOTE: ATM fee reimbursements only apply to Advantage High Interest and Advantage Cash Back. Dividends and Nationwide ATM withdrawal fee reimbursements will be credited to your Advantage High Interest account on the last business day of the month. When your Advantage High Interest qualifications are not met, the dividend rate earned on the account's entire daily balance will be 0.05% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. Rates and rewards are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information: Subject to membership eligibility. Minimum balance to open membership account is $5. Other restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments including online banking, log-ins and other requirements may be necessary to meet qualifications. No minimum deposit is required to open the account. Monthly at least one Direct Deposit/ACH credit or ACH debit transaction, at least 15 debit card purchases, and enrollment in eStatements are conditions of these accounts. Limit of one Advantage checking account per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. If the account is closed, you forfeit any rewards that have not been credited. See account terms and conditions provided at account opening for additional information.
3Advantage Cash Back Checking: Account transactions and activities may take one or more days to post and settle to account and all must do so during the Monthly Qualification Cycle to qualify for the account's rewards. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. Advertised information and rewards are based on all account qualifications being met during each cycle period. If qualifications are not met, there may be fees which reduce earnings. See our Fee Schedule for specifics. See our website or contact us for specific Monthly Qualification Cycle dates, other cycle dates, restrictions, non-qualifying reward transactions, reward calculations, account details, processing limitations, and enrollment.
Reward Information: When Advantage Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 4.00% cash back on up to a total of $300 per cycle period. A maximum of $12 cash back payments may be earned per Monthly Qualification Cycle. You will receive reimbursements up to an aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Advantage High Interest account during that Monthly Qualification Cycle. NOTE: ATM fee reimbursements only apply to Advantage High Interest and Advantage Cash Back. Cash Back payments and nationwide ATM withdrawal fee reimbursements will be credited to this account on the last business day of the month. When account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded. Rates, and rewards, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information: Subject to membership eligibility. Minimum balance to open membership account is $5. Other restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments including online banking, log-ins and other requirements may be necessary to meet qualifications. No minimum deposit is required to open the account. Monthly at least one Direct Deposit/ACH credit or ACH debit transaction, at least 15 debit card purchases, and enrollment in eStatements are conditions of these accounts. Limit of one Advantage checking account per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. If the account is closed, you will forfeit any rewards that have not been credited to your account. See account terms and conditions provided at account opening for additional information.
4Advantage Savings: Account transactions and activities may take one or more days to post and settle to account and all must do so during the Monthly Qualification Cycle to qualify for the account's rewards. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. Advertised information and rewards are based on all account qualifications being met during each cycle period. If qualifications are not met, there may be fees which may reduce earnings. See our Fee Schedule for specifics. See our website or contact us for specific Monthly Qualification Cycle dates, other cycle dates, restrictions, non-qualifying reward transactions, reward calculations, account details, processing limitations, and enrollment.
Reward Information: APY = Annual Percentage Yield. APYs accurate as of .When your linked Advantage High Interest or Advantage Cash Back account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $100,000 in your Advantage Savings account earn a dividend rate of 2.96% resulting in an APY of 3.00%; and daily balances over $100,000 earn a dividend rate of 0.995% on the portion of the daily balance over $100,000, resulting in a range from 3.00% to 2.00% APY depending on the account's daily balance. APY calculations are based on an assumed balance of $100,000+ $100,000 in your Advantage Savings account and an assumed statement cycle of thirty-one (31) days. NOTE: ATM fee reimbursements only apply to Advantage High Interest and Advantage Cash Back. When your linked Advantage High Interest or Advantage Cash Back account qualifications are not met, the entire daily balance in the Advantage Savings account earns a dividend rate of 0.05% resulting in an annual percentage yield of 0.05% APY. Dividends will be credited to your Advantage Savings account on the last business day of the month. Rates and rewards are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information: Minimum to open Advantage Checking account online is $5. Workers Credit Union membership required. Subject to membership eligibility. Minimum balance to open membership account is $5. To have an Advantage Savings account, you must have an Advantage Checking account. Minimum balance to be maintained if utilized as a membership account is $5. Otherwise, no minimum deposit is required to open account. Other restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments including online banking, log-ins and other requirements may be necessary to meet qualifications. Monthly at least one Direct Deposit/ACH credit or ACH debit transaction, at least 15 debit card purchases, and enrollment in eStatements are conditions of these accounts. Limit of one Advantage checking account per social security number. There are no recurring monthly maintenance charges or fees to open or close this account. If the account is closed, you forfeit any rewards that have not been credited to your account. See account terms and conditions provided at account opening for additional information.
5The first instant issue card is free but there is a fee for any additional or replacement cards. Please see our fee schedule for details. Other institutions may impose a surcharge for use of their ATMs.
6Text, data, and messaging rates apply for downloading/utilizing the app and text alerts.
7Free Checking is not eligible for Overdraft Privilege but does qualify for other overdraft options; Checking Account Line of Credit and Sweep Account Transfers. See account terms and conditions provided at account opening, rate sheet, and Reg E opt-in form for additional information. Fees will apply, see our fee schedule for details.