Here it is! The last checking account you’ll ever need!
You’ve seen and heard all the different banks and credit unions advertising their checking accounts. They ask you to have $500 in minimum direct deposits, carry huge balances you don’t have and jump through major hoops. Well, we have good news! Credit Union of Denver is proud to announce an amazing new checking account that only requires a small initial effort to receive a maximum pay out!
The C∙U∙D Cashback Rewards Checking Account benefits are:
- No Minimum Balance
- No Monthly Account Ownership Fee
- Earn up to $5 Cashback each month*
- Up to $25 of ATM Fees Refunded each month*
- Free Mobile Banking/Deposit
- CUDeals – Merchant Rewards
- Bill Pay & Online Access
- Receive One NSF Fee Refunded per year
- 1% Foreign Transaction Fee
- Account access through our Nationwide CO-OP Network of 5,600 Shared Branches & 30,000 ATMs
- Design Your Own Debit Card is an option available for only $9.95 each card
Here is the simple and straightforward explanation of how it works.
*To earn up to $5 and also receive a refund up to $25 of ATM fees, you will need to meet the following monthly requirements. Don’t get nervous, the requirements are simple and easy.
All you have to do monthly is…
- Set-up Direct Deposit or make a Mobile Deposit
- Elect to receive eStatements
- Make at least 15 debit card transactions
These three requirements are not very difficult to accomplish. Having eStatements is a green way to get your statement information and it’s safer. Setting up a direct deposit of at least $1 or using mobile deposit to process the deposit is really easy to do. Using your debit card 15 times in a month is a piece of cake! Sounds pretty good, right? We think so!
We designed this account to better serve our members who don’t always carry a large balance to earn interest, but would still be able to earn money while using their checking account. Then we sweetened the pot by adding CUDeals to all our checking accounts. This is a merchant cashback reward program that you select and activate within online or mobile banking, which puts even more money into your checking account. You’ll receive cashback rewards from merchant offers you select when you use our CUD debit MasterCard®. These offers are tailored to you based on relevance of your purchase history. When you make a qualifying purchase for an offer you selected, the reward amount will automatically be awarded and deposited into your checking account in the next account settlement (which is typically the following month).
This is better than free! No matter which way you look at it, you win!
How do we calculate the cashback? The $5 each month in rewards is calculated on 5% of your debit card transactions calculated each month and deposited into your account the following month. If you go to get cash at an ATM and it charges a fee, don’t worry, you will get that refunded back to your account in the following month as well.
Be sure to check out our Checking page to see all of your Checking Choices!