Did you know that DCCU members can earn more with our interest earning checking account? DCCU’s Grow Checking is a tiered checking account that pays monthly dividends based on account activity. Ideal for those who prefer earning dividends based on their debit card usage and account balance, a Grow Checking account offers several benefits. In today’s blog, we will explore four of them.

Benefit #1 – Routine transactions are a pathway to earning dividends.
When it comes to checking accounts that pay interest, DCCU’s Grow Checking can help you earn up to 5.54% APY* each month! This type of account provides members the opportunity to grow the money in their account by meeting monthly swipe, deposit, and balance requirements.

Benefit #2 – They offer additional flexibility.
A Grow Checking account combines the convenience of a traditional checking account with the financial benefits of a high-yield savings account. Account holders can manage their daily transactions, like paying bills, making purchases, receiving ACH payments, and more, while simultaneously earning interest on their balance. This functionality helps members maximize their dividend earning potential while keeping their funds easily accessible.

Benefit #3 – They offer security.
In this increasingly digital world, protecting your financial security is important. With our Grow Checking account, members can enjoy additional peace of mind knowing that their funds are protected with advanced safety measures—including encryption, multi-factor authentication, and continuous fraud monitoring. Plus, as a federally insured credit union, our members enjoy additional built-in protection through the National Credit Union Association (NCUA), which insures deposits up to $250,000. This helps ensure that our members’ finances are safeguarded against unauthorized access and potential fraud, offering more peace of mind.

Benefit #4 – There are no hidden fees.
Our Grow Checking account has been designed to help support your financial wellness, including no monthly fees or minimum account balance requirements. The tiered checking account structure means that earnings are based on the account balance as well as debit card usage, allowing for stronger earning potential as account balances grow. And with the dividend tracking feature located within Online Banking and the Mobile App, you can easily monitor earnings throughout the month! 

Checking accounts that pay interest come with a host of additional benefits and with DCCU’s Grow Checking account, you can earn up to 5.54% APY* each month. To see if DCCU’s Grow Checking is right for you, please visit our Grow Checking page. 

*Grow Checking is a tiered rate account and tiers are based on account activity. APY = Annual Percentage Yield. Rates accurate as of 06/18/2024 and subject to change. Insured by NCUA. Membership required. This article is for general information only and not intended to provide specific advice or recommendations for any individual.