Connexus Rewards Checking
Posted by Bank Interest Rates on 01/8/11 in Credit Unions
Connexus Credit Union Reward Checking Account
The bad news about their reward checking accounts is that the rates have gone down. The top rates are 2.55% APY for up to $25K in the Xtraordinary Checking and 2.25% APY for up to $25K in the MyRewards Checking. The Xtraordinary Checking requires 15 debit card purchases a month instead of 10 that’s required by MyRewards Checking. It also has an extra requirement of bill pay.
Connexus Credit Union has been offering a reward checking account since 2007 when the yield was 6.01%. There are not many reward checking accounts that have been available nationwide for 2 or more years that have held up well. Danversbank is one of the exceptions. It continues to pay 4.01% APY on balances up to $25K.
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