Kalamazoo, MICH — Consumers Credit Union is proud to announce an exciting enhancement to its Serious Interest Checking® account, now offering credit card transactions as a pathway to earning high interest. This addition further elevates the appeal of this already impressive high-interest checking account.

“We are always striving to provide our members with the best opportunities to grow their finances,” said Chief Sales Officer Jeff Visser. “There are less hoops to jump through to earn interest. By adding credit card transactions to our Serious Interest Checking, we are giving our members even more flexibility and an easier way to earn interest on their hard-earned money.

“Nearly anyone can become a member.”

This Consumers 4.00% Serious Interest Checking account is a standout option for those seeking a high-yield checking account. It offers an impressive 4.00% APY* on balances up to $15,000 when members meet the following requirements:

• 12 posted debit card or credit card transactions per month
• $1,000 average daily balance
• $1,000 minimum recurring monthly direct deposit
• Enrollment in eStatements

This account combines flexibility of a checking account with the added benefit of yearly interest and yield on the account balance. Members can enjoy the convenience of instant-issue debit cards, no debit card usage fees and a vast network of 30,000+ fee-free ATMs nationwide, along with all the other features that come with a Consumers Credit Union checking account.

“Consumers Credit Union believes in empowering our members to make the most of their finances,” added Visser. “With this update, we are giving our members and our community yet another tool to achieve their financial goals.”

With this latest addition of credit card transactions, Consumers Credit Union continues to demonstrate its commitment to innovation and member satisfaction.

 

 

*APY – Annual Percentage Yield. Rates are subject to change. Fees may reduce earnings.

*If you meet the minimum qualification requirements during the monthly statement cycle, 4.00% APY will apply to balances $15,000.00 and below; 0.01% APY will apply to balances of $15,000.01 or more. Each interest rate will apply only to the portion of the account balance that is within the specified range. Interest will be calculated and posted on the last day of each month using an Average Daily Balance Method. The Average Daily Balance Method applies a periodic rate to the average daily balance in the account for the statement cycle. The average daily balance is calculated by adding the balance in the account for each day of the statement cycle and dividing by the number of days in the statement cycle. All Serious Interest Checking Accounts in which reward qualifications are not met will earn 0.01% APY for the entire balance. If you close your account before interest is paid, you may not receive the accrued interest. Rates accurate as of July 18, 2024, are variable and subject to change at any time. Fees may reduce earnings. Limit one high interest checking per Social Security number.