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REWARDS CHECKING
Get More from Every Dollar
Start earning a premium 5.00% APY* on balances under $10,0001—no monthly fees, no hassle. With our high yield checking account, your money doesn’t just sit there—it works hard to grow while giving you the flexibility and convenience you need.
Open Rewards Checking
Get Rewarded - You've Earned It.
Put your hard-earned money to work and watch it grow faster with our premium rate – over 50x the national average! Rewards Checking is packed full of convenient features like a debit card, online banking, and a mobile app for quick and easy check deposits, bill pay, and money management. You’ll also enjoy:
- No Monthly Fees: Keep your money where it belongs—working for you.
- High Earnings on Everyday Balances: Whether you’re saving for a goal or just managing your daily finances, our competitive 5.00% APY puts you ahead.
Open your Rewards Checking account now to enjoy unmatched earnings and exclusive access to our high-yield savings option.
Please review the APY qualifications in the FAQ below
Compare the National Average to the First Fed Rewards Checking Account.
REWARDS CHECKINGBalance Yearly Interest Earned $500Interest Rate |
Want More Rewards? We've Got You.
When you open our Rewards Checking account, you unlock exclusive access to our high-yield Rewards Savings account. Earn 4.00% APY* on balances under $50,0002 and watch your financial goals come to life faster than ever.
Whether you're building an emergency fund, saving for a big purchase, or planning for the future, Rewards Savings makes it easier to maximize every dollar you save. With unlimited access to your funds, you can grow your savings with total freedom.
Our Rewards Checking account features:
 Your Debit CardEnjoy a contactless debit card and tap-to-pay for quick, easy payments. |  Rewards SavingsEarn even more with access to our high-yield Reward Savings account. |
 Mobile PayLink your debit card with ApplePay, GooglePay, or SamsungPay to pay with your phone. | |
 37,000+ in-network ATMsFree nationwide access to cash withdrawals. ATM finder. |
 Customer SupportWe’re here to help via live chat, over the phone at 800-800-1577, and in-person at one of our branches. |
FAQs
1 How Can You Keep Earning the Premium 5.00% APY?
Simply meet these easy qualifications each month:
- Enroll in eStatements through Online Banking.
- Make 10 debit card purchases.
2 How can I earn 4.00% APY* on my Rewards Savings?
As long as you have an open Rewards Checking and Rewards Savings account, you qualify for our premium APY.
Is there a maintenance fee on this account?
There is no monthly maintenance fee on our Rewards Checking account!
Does this account have overdraft protection?
Rewards Checking features our standard overdraft practices. Learn more about our available overdraft protection plans.
Rewards Checking
| Balance | Interest Rate | APY* | Type of Interest | Minimum Deposit to Open |
|---|---|---|---|---|
| Qualifying balances** less than $10,000 | 5.00% | 5.00% | Simple | $25 |
| Qualifying balances** >= $10,000 | 1.00% | 5.00%-2.60%*** | Simple | $25 |
| Non-Qualifying balances** | 0.10% | 0.10% | Simple | $25 |
Interest Rates Effective: 01/27/2025
Revised: 01/24/2025
*APY is Annual Percentage Yield. APY assumes principal and interest remain on deposit for one year at the same interest rate. Interest rates and APYs subject to change without notice. Fees could reduce earnings.
**The interest rate/APY you earn will depend on whether you meet Rewards Qualifications for each monthly statement cycle as outlined in your Rewards Checking Truth in Savings Disclosure. If you don’t meet the Rewards Qualifications, your entire balance will earn the non-qualifying interest rate and APY.
***The APY range assumes a sample deposit of $25,000.
2To earn the premium interest rate on our Rewards Savings account, the account holder must also have an active Rewards Checking or Cash Back checking account.
Rewards Savings
| Balance | Interest Rate | APY* | Type of Interest | Minimum to Open |
|---|---|---|---|---|
| Qualifying balances** less than $50,000 | 4.00% | 4.00% | Simple | $25 |
| Qualifying balances** >= $50,000 | 1.00% | 4.00%-3.00%*** | Simple | $25 |
| Non-Qualifying balances** | 0.05% | 0.05% | Simple | $25 |
Interest Rates Effective: 01/27/2025
Revised: 01/24/2025
Accounts closed within 90 days of opening will be assessed a $15 early closing fee.
*APY is Annual Percentage Yield. APY assumes principal and interest remain on deposit for one year at the same interest rate. Interest rates and APYs subject to change without notice. Fees could reduce earnings.
**The interest rate/APY you earn will depend on whether you meet the Premium Rate/APY Rewards Qualifications for each monthly statement cycle as outlined in your Rewards Savings Truth in Savings Disclosure. If you don’t meet the Rewards Qualifications, your entire balance will earn the non-qualifying interest rate and APY.
***The APY range assumes a sample deposit of $75,000.