Department of Commerce Federal Credit Union is offering residents of District of Columbia and Maryland a 2.73% APY when you apply and qualify for a new Performance Checking Account. For those that are interested, the bank is offering the rate on a tier balance up to $20,000. With the rate, you will be able to enjoy more of the things you love without having to worry about a big initial deposit. To get started, simply have at least 12 debit card purchases totaling a minimum of $100. Once that is done, be sure to receive eStatements and have at least one direct deposit. Lastly, be sure to log in to mobile/online banking at least once a month and the rate is yours! If you are currently interested in the attractive rate, be sure to apply as soon as you can, as the rates are subjected to change!
Eligibility: Individuals who live, work, attend school, or worship in the District of Columbia; employees of the Department of Commerce or NOAA.
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Department of Commerce FCU Summary:
- Apply Now
- Availability: D.C., MD (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Credit Card Funding: Unknown
- Direct Deposit: Yes
- Additional Requirements: listed below
- Avoid Monthly Fee: None
- Early Termination Fee: None listed
Department of Commerce FCU Fine Print:
- Have at least 12 debit card purchases totaling a minimum of $100
- Receive eStatements
- Have at least one direct deposit
- Login to mobile/online banking at least once a month
Department of Commerce FCU Account Features:
- Online banking
- Mobile banking
- Telephone access
- ATM access
- NCUA insured
At the end of the day, the current promotional rate from Department of Commerce Federal Credit Union is a great option for those who would like to obtain an attractive account rather than a bank bonus. With the rate, you can earn more over time, rather than obtaining a one time bonus! Simply meet a few simple requirements and you could be well on your way to a new banking experience! Additionally, you will be able to utilize all the great features as listed above! How great is that? However, if you do not live in the states listed or are not currently interested, then be sure to check out our list of Best Reward Accounts for more information!
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