LUV Reward Checking
This free, high-interest checking account is like winning a door prize every time you open your wallet. And we're not talking some token knick-knack here.
LUV Reward Checking earns a whopping 4.00% APY* along with unlimited ATM fee refunds — not just in Dallas, but nationwide. In the world of door prizes, that might be impossible to beat.
Be sure to check out the qualifications tab, because it's really kinda silly how easy this is. We might as well just ask you to spell cat and call it a day.
- Summary
- 4.00% APY* on balances up to $25,000
- 1.00% APY* on portion of balance over $25,000
- Unlimited ATM fee refunds nationwide
- No monthly service charge
- No minimum balance requirement
- Unlimited check writing
- Free debit card
- Free online banking with bill pay
- Free telephone banking
- Overdraft protection available
- Minimum $30 deposit to open (no minimum thereafter)
- NCUA insured
*APY = Annual Percentage Yield
- Qualifications
In the modern world of marketing mumbo and giveaway gimmicks, we're trained to think, "What's the catch?" So we don't blame you for asking. But get a load of these qualifications. Simply do the following each monthly statement cycle:
- Receive eStatements
- Receive 1 direct deposit or make 1 automatic payment
- Make at least 15 debit card purchases*
We figure the only person not already doing these is Montgomery Burns—and he's a cartoon character. But just in case you don't qualify, no worries. LUV Reward is still a free checking account earning interest at the base rate of 0.10% APY*.
Best of all, you can jump right back on that horse and earn the LUV Rewards the very next statement cycle.
*Debit card purchases must be posted to account prior to end of monthly statement cycle.
- More Info
Annual Percentage Yield (APY) accurate as of 11/1/09. 4.00% APY paid on balances up to $25,000, and 1.00% APY paid on all amounts above $25,000 each cycle the minimum qualifications are met. If you do not meet the qualifications per cycle, your account will still function as a free checking account earning Base Rate 0.10% APY. We may change the interest rate and APY at any time after the account is opened. No minimum balance required. However, you must deposit a minimum of $30 to open the account. Available to personal accounts only. No monthly service charge. Earn nationwide ATM fee refunds each cycle the qualifications are met.
