Update 6/1/24: Rate increased to 6.75%
Update 2/4/23: Rate increased to 5.25%
Update 7/30/21: Now available nationwide, If you live outside of our location eligibility or do not qualify based on family eligibility, you can still join by making a contribution to one of these Associations.
- Arthritis Foundation
- Paint Creek Center for the Arts.
Hat tip to reader Angel
Offer at a glance
- Interest Rate: 4.06% APY
- Minimum Balance: None listed
- Maximum Balance: $7,500
- Availability: Seems to be in branch only, locations are in MN, PA & MI
- Direct deposit required: No
- Additional requirements: 10 debit card
- Hard/soft pull: Soft pull
- ChexSystems: Unknown, sensitive
- Credit card funding: Up to $50
- Monthly fees: None
- Insured: NCUA
The Offer
- Genisys Credit Union is offering the genius high yield checking account. This card earns 4.06% APY on balances up to $7,500 when you complete the following requirements:
- Enroll in eStatements
- Make 10 debit card transactions of $5 or more each month
Avoiding Fees
Doesn’t look like this account has any monthly fees to worry about.
Our Verdict
Nice rate and no direct deposit required. The big downside is that the debit card transactions need to be $5 or more. Not a huge deal but might be annoying for some people. As always a full list of high yield checking accounts can be found here.
Hat tip to reader Matt