Helping you spend, save and earn - all in one account
At a Glance
If your checking account is at a big bank, chances are you're paying big fees or getting little in return for the huge minimum balance you're required to maintain. But, if you're using a Free Checking account from DCU, things are more than a little different.
Every account includes:
No minimum balance and no monthly maintenance fees
FREE use of 23 DCU Branches in MA/NH - and more than 5,900 shared branches nationwide
FREE use of 35+ DCU ATMs in MA/NH - and more than 80,000 surcharge-free non-DCU ATMs nationwide.
FREE use of DCU Digital Banking - carrier data and message rates may apply
FREE DCU Visa® Debit Card with EMV chip - upon approval
FREE eStatements, account alerts and notifications
0.20% APY*
ON BALANCES UP TO AND INCLUDING
$1,000 WITH EARN MORE ACTIVATED
MINIMUM TO OPEN
$0.00
MONTHLY MAINTENANCE FEE
$0.00
*An interest rate of 0.20%will be paid on your daily balance up to and including the first $1,000.00. The Annual Percentage Yield (APY) for this tier will be 0.20%. Balances over $1,000.00 will not earn interest. The APY on balances over $1,000.00 will range from0.20% to 0.000% depending on the total account balance. For example, a balance of $1,000.00 will earn an APY of0.20% while a balance of $1,000,000.00 will earn an APY of 0.000%. APY range assumes a maximum account balance of $1,000,000.00 and is for illustration purposes only. Rates are variable and may change after the account is opened at any time at DCU’s discretion. Fees may reduce earnings. Other conditions may apply. Rates effective
The Earn More Feature is activated the first of the month following the month enrollment took place and funds begin to earn interest on the first of the month following enrollment. The Earn More Feature can only be added to one checking account per membership, excluding HSA Checking accounts. The Earn More Feature is a sweep feature, which means that balances up to the Maximum Program Deposit Amount ($1,000.00) will be automatically swept to FDIC and/or NCUA insured accounts held at participating Receiving Financial Institutions. Access to your checking account funds remains the same. Balances that exceed the Maximum Program Deposit Amount will remain in the DCU Free Checking Account at DCU. The Maximum Program Deposit Amount and Receiving Financial Institutions may be changed at any time. To review the list of the current Receiving Financial Institutions and the current Maximum Program Deposit Amount,click here.Please refer toDCU's Free Checking with Earn More Feature Terms and Conditions,Account Agreement for Consumers, andSchedule of Fees and Service Chargesfor additional important information and disclosures.
¹ How to Qualify: Add and maintain direct deposit of at least $500 per calendar month (qualifying direct deposit is a recurring electronic credit of your payroll, retirement, Social Security, or other monthly income) to your checking account, excluding HSA Checking Accounts AND make at least 5 transactions each month (qualifying transaction types include debit and/or credit card transactions, ACH transfers, Point of Sale (POS) transactions, bill pay payments, balance transfers to your DCU Visa Credit Card, and Pay a Person transactions that post and clear your account within the same calendar month). Social Security is exempt from the $500 per calendar month minimum. If at any time you fail to maintain these qualifications, your benefit level will be automatically adjusted without notice and you will no longer be eligible to receive the associated benefits. DCU will reimburse up to $25 a month in ATM fees charged by other institutions for use of their ATM (also known as 'surcharges').
²Add and maintain direct deposit of at least $500 per calendar month (qualifying direct deposit is a recurring electronic credit of your payroll, retirement, social security, or other monthly income) to your checking account, excluding HSA Checking Accounts and pay your loan electronically. Social Security is exempt from the $500 per calendar month minimum.
Please refer to DCU'sAccount Agreement for ConsumersandSchedule of Fees and Service Chargesfor important information and disclosures.
Membership Benefit Levels
While every member has access to most of our great benefits, the more a member does with DCU, the more those benefits multiply. Check out the information below for a detailed description of benefits by level.
Basic Member Benefits
Every member enjoys these benefits automatically:
- No minimum balances or monthly maintenance fees
- FREE use of 23 DCU Branches in MA/NH- and more than 5,900 shared branches nationwide
- FREE use of 35+ DCU ATMs in MA/NH- and more than 80,000 surcharge-free non-DCU ATMs nationwide.
- FREE use of DCU Digital Banking- carrier data and message rates may apply
- FREE DCU Visa® Debit Card with EMV chip- upon approval
- FREE eStatements, account alerts and notifications
Plus Member Benefits
Enjoyallthe Basic Member Benefits plus:
- Paid up to two days early with Direct Deposit.
- Up to $10 per month ($120 per year) in reimbursem*nts for ATM fees charged by other institutions.
- 0.50% discount on most consumer loans, when the loan is paid with electronic payment.
How to Qualify:Add and maintain direct deposit of at least $500 per calendar month (qualifying direct deposit is a recurring electronic credit of your payroll, retirement, Social Security, or other monthly income) to your checking account, excluding HSA Checking Accounts. Social Security is exempt from the $500 per calendar month minimum. If at any time you fail to maintain these qualifications, your benefit level will be automatically adjusted without notice and you will no longer be eligible to receive the associated benefits.
Relationship Member Benefits
Enjoyallthe Plus Member Benefits and:
- Up to $25 per month ($300 per year) in reimbursem*nts for ATM fees charged by other institutions.
- FREE DCU Custom-style checks (80/year).
How to Qualify:Add and maintain direct deposit of at least $500 per calendar month (qualifying direct deposit is a recurring electronic credit of your payroll, retirement, Social Security, or other monthly income) to your checking account, excluding HSA Checking Account AND make at least 5 transactions per month (qualifying transaction types include debit and/or credit card transactions, ACH transfers, Point of Sale (POS) transactions, bill pay payments, balance transfers to your DCU Visa Credit Card, and Pay a Person transactions that post and clear your account within the same calendar month). Social Security is exempt from the $500 per calendar month minimum. If at any time you fail to maintain these qualifications, your benefit level will be automatically adjusted without notice and you will no longer be eligible to receive the associated benefits.
