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[AL, GA] MAX Credit Union – 5% APY On Balances Up To $2,500 – Doctor Of Credit

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Update 10/25/24: There is now a $150 referral bonus as well. Don’t think it can be stacked as it requires a checking account.

Offer at a glance

  • Interest Rate: 5% APY
  • Minimum Balance: $50
  • Maximum Balance: $2,500
  • Availability: Must live, work, worship or attend school in select counties in AL, GA
  • Direct deposit required: None
  • Additional requirements: None
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Mentions card funding as an option
  • Monthly fees: None
  • Insured: NCUA

The Offer

Direct link to offer

  • MAX Credit Union is offering 5% APY on balances up to $2,500 on the Elevate Money Market account. There are no requirements to earn this rate

Avoiding Fees

This account has no monthly fees to worry about

Our Verdict

5% APY is a nice right, especially with no requirements. If you have the full $2,500 in there you’d earn $125 a year, $75 more than you would in a 2% APY account. How good this account is will really depend on how long they keep the 5% APY. Might make sense to focus on savings account bonuses with higher returns instead.

Hat tip to reader AL_PF

 

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William Charles

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