3.00% APY on CommonCents Savings Account from Forum Credit Union

Posted in Local Banks, Rates, Savings Account

FORUM Credit Union - Indianapolis - Free Checking Accounts, Online Banking, Home Equity Loans

CommonCents is a unique savings account offered from Forum Credit Union in Indiana that allows you to save change with every debit card purchase you make and earn interest (current 3.00% APY).

Here are a few details of this account:

  • Designate a specific amount of change (from $0.01 to $1) to add to your CommonCents savings account with every signature debit card transaction you make from your Forum checking account.
  • Earn 3.00% APY on your balance
  • Receive $2 cash bonus for 30 or more signature debit card transactions each month
  • Withdraw money any time
  • There is no minimum balance requirement to earn interest
  • Account cannot be opened with an initial deposit

This account may not appeal to everyone because it will take a while to build money and benefit from the rate. However, the credit union allows you to also make one automatic transfer from your checking account each month (maximum $200), which can help build money faster.

A Forum checking account, eStatements, and membership to the credit union are required to open a CommonCents Savings Account. To learn about joining the credit union and opening an account, the site's live chat is a great feature to utilize.

>> Savings Account Special Rates

Other Terms and Conditions may apply to this offer - please contact the financial institution to review.



 

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