Deposit Diary Daily #383
Best Nationally Available Reward Checking Accounts, 9 June 2025
What’s Happening
Dow Credit Union has added a new Reward Checking Account to its product line:
Preferred Checking • 5.12% (up to $20k), 0.25% ($20k+)
15+ debit card purchases, direct deposits of at least $900, online statements, online or mobile banking
The Connexus Credit Union Xtraordinary Checking account recently experienced an extraordinary 325 bps increase, resulting in a competitive 5.00% on qualifying balances up to $25k. The Xtraordinary Checking account was a staple of Connexus’ product line since it debuted in 2009 with a 3.65% (up to $25k). The APY decreased over three years to 1.75%, which has been in effect until the 325 bps increase.
Jovia Financial Credit Union has added a $150 cash bonus when opening a first-time Go Green Checking account with direct deposit.
The Veridian Credit Union Premium Plus Checking promotional 5.00% (up to $20k) guaranteed for six months (along with a $300 cash bonus on new Premium Plus Checking accounts) is scheduled to end on 30 June 2025.
The TruStone Financial Credit Union first-time checking account $150 cash bonus end-date has been extended to 31 December 2025.
The Expedition Credit Union Free Rewards Checking $200 bonus and the First Tech Federal Credit Union First Tech Rewards Checking $150 bonus or $300 bonus are still available.
Recent Rate Changes
FitnessBank • 5.25% (▼10 bps) (up to $25k), 0.25% ($25k+) • Elite Checking Account
Connexus Credit Union • 5.00% (▲325 bps) (up to $25k), 0.25% ($25k+) • Xtraordinary Checking
All America Bank • 4.40% (▼10 bps) (up to $15k), 0.50% ($15k+) • Ultimate Rewards Checking
Redneck Bank • 4.40% (▼10 bps) (up to $15k), 0.50% ($15k+) • Redneck Rewards Checking
INOVA Federal Credit Union • 4.00% (▼100 bps) (up to $15k), 0.07% ($15k+) • Shield Checking
Top RCAs
Below is a sampling of the best nationally available RCAs. A comprehensive spreadsheet consisting of 57 RCAs is attached at the bottom of this post.
Balance Caps of $20k and Above
Kasasa Cash® Checking • 6.00% (up to $25k), 0.75% ($25k+)
12+ PIN/signature debit card purchases, at least 1 direct deposit, ACH credit, ACH payment, or Bill pay
Kasasa Cash® Checking • 5.50% (▼50 bps) (up to $25k), 0% ($25k+)
15+ debit card purchases, at least 1 direct deposit or ACH, eStatements
Free Kasasa Cash® Checking • 5.50% (up to $25k), 0.50% ($25k+)
15+ debit card purchases, at least 1 ACH credit or ACH payment transaction, eStatements
Elite Checking Account • 5.25% (▼10 bps) (up to $25k), 0.25% ($25k+)
15+ debit card transactions and using step tracker app and averaging 10k steps/daily
Preferred Checking • 5.12% (up to $20k), 0.25% ($20k+)
15+ debit card purchases, direct deposits of at least $900, online statements, online or mobile banking
Balance Caps Less than $20k
Rewards High-Yield Checking • 7.00% (up to $10k), 0.50% ($10k+)
15+ debit card purchases, eStatements, online or mobile banking
Genisys High Yield Checking • 6.75% (up to $7.5k), 0.05% ($7.5k+)
10+ debit card purchases ($5 min each), eStatements
Momentum Checking with Rewards • 6.00% (up to $10k), 3.00% ($10k-$50k)
15+ debit card transactions
La Capitol Federal Credit Union
Choice Checking • 5.75% (▼50 bps) (up to $10k), 0.72% ($10k+)
15+ debit card purchases, eStatements
Garden Savings Federal Credit Union
Platinum Checking • 5.12% (up to $15k), 0.15% ($15k+)
12+ debit card purchases (min $5 each), direct deposit or ACH payment, eStatements
Spreadsheet
The attached updated spreadsheet lists 57 nationally available RCAs.
