Rewards Plus Checking

  • Rating: 5.0 (1)

Rewards Plus Checking pays 2.50% APY* on qualified account balances, up to $20,000, and is loaded with other valuable benefits!

- Earn even more with a Rewards Plus CD

Qualifying accounts also earn up to $25 in ATM fee refunds each month. It's also packaged with a wealth of benefits from ID Theft protection to overdraft forgiveness.

To qualify for the REWARDS Plus Checking account dividend, you only have to do three easy things each monthly qualification cycle:

  1. Receive an electronic statement instead of a paper statement.
  2. At least 12 ISU Credit Union debit card purchases must post and clear.
  3. Have at least one direct deposit or make at least one automatic payment from your account.

How much will I earn with Rewards Checking?

Enter your checking account balance:

Interest earned in one month: $
Interest earned in one year: $

Features & Benefits

Annual Savings Value: $739

  • 1 Free Overdraft Forgiveness Per Year
  • 12 FREE Official Checks Per Year
  • Free Instant Issue Debit Card
  • FREE Direct Deposit and Payroll Deductions
  • Anytime phone access through PAT, our automated phone system
  • FREE Notary Public Service
  • Rewards Plus CD (0.25% bump with active Rewards account)

Idaho State University Debit Card

Get your own custom ISU debit card… instantly!

image of ISU debit card from Idaho State University Credit Union
image of ISU debit card from Idaho State University Credit Union
image of ISU debit card from Idaho State University Credit Union

Rates

Checking Rates

  •  06/01/2016
Minimum Balance Compounded / Paid Annual Percentage Yield (APY)1 Monthly Due Alert Me
REWARDS Plus Checking $0.01-$20,0002 Monthly 2.50% $3
$20,000+2 Monthly 0.25%
If qualifications not met3 Monthly 0.01%
Senior Checking $25.00 Monthly/Monthly 0.01% $3
Basic Checking $25.00 N/A 0.00% $0
Youth Debit Account $25.00 N/A 0.00% $0
Money Market Checking $2,500 + Monthly 0.10% $6.50 (Fee waived with $2,500 daily balance)
Share rates effective 12/01/2014 Money Market Rates effective 12/01/2014. The dividend rate and annual percentage yield may change at any time, as determined by the ISU Credit Union Board of Directors. A list of terms and conditions which apply to the above accounts is available at the Credit Union. Fees could reduce the earnings on the accounts. ISU Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate.
  • 1APY = Annual Percentage Yield
  • 2Annual Percentage Yield (APY). Account balances over $20,000 will be paid 0.25% APY on the balance over $20,000. A “qualification cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Accounts which do not meet the three monthly qualifications will earn 0.01% APY on the entire account balance. REWARDS Plus checking is available only on personal accounts.
  • 3Requires monthly qualifications: 12 debit card purchases, a direct deposit or automatic payment, receive electronic statement.

EMV

EMV Enables The Next Generation of Payments

EMV chip card image, secure chip stores payment information, chips card authentication prevents counterfeiting, Adds cardholder verification menthods, offers online or offline authorization

About EMV Chip-Enhanced Cards

  • What's the Difference Between Chip & Signature & Chip & PIN?

    Chip & PIN is a very similar technology, except that you use a PIN to complete a purchase instead of a signature. Both chip & PIN and chip & signature offer enhanced security against counterfeiting compared to the traditional magnetic stripe-only Cards.

  • When My New EMV Card is Activated is there Any Action I Need to Take?

    You may need to update your card information where it is stored for recurring payments, such as online bills and subscriptions. Please update your recurring payment information to ensure that you do not miss a payment.

  • How Do I Use My EMV Card?

    When you come across a chip-specific merchant terminal, simply insert your EMV card into the slot in the terminal and follow the prompts on the screen. You may still need to sign to authorize the transaction, and as usual you will receive a confirmation receipt.

    If the Merchant terminal does not accept chip cards, you or the merchant can still swipe the EMV card in exactly the same way as you do today. You can always follow the prompts on the merchant terminal if you aren’t sure whether you should swipe or insert your Card.

  • Are Chip & Signature, EMV and Smart Chip Different?

    Other issuers and companies may refer to chip cards differently, but all of these are different names for the same technology

  • How Do EMV Payments Work?

    The transaction flow with EMV payments is much the same but - with the addition of dynamic authentication and the chip technology - makes EMV transactions more secure:

    • Card authentication takes place either online by using dynamic encryption or offline by protecting against counterfeit cards.
    • Cardholder verification helps ensure that the person making the payment actually owns the card to protect against lost and stolen cards.
    • Transaction authorization is completed either online with encryption technology or offline by using issuer-determined risk parameters.
  • What Are The Security Benefits of the EMV Chip-Enhanced Cards?

    EMV cards come with advanced security due to the chip technology that makes it difficult for a fraudster to counterfeit. These additional features help protect you when used at participating retailers.

  • Why Has ISUCU Switched to EMV Chip-Enhanced Cards?

    We are moving quickly and aggressively to bring the next generation of secure banking to our members. New rules mandate all financial institutions in the US have this new EMV system in place by December 2015. 

    There is still time to implement the system but we chose to act now because so many merchant security breaches over the past two years have affected our members. Account security is our number one concern. 

    Thanks for working with us through these enhancements..

  • What is an EMV Chip-Enhanced Card?

    EMV, which stands for Europay, MasterCard and Visa, is a global standard for credit and debit payment cards using embedded microchips. ISU Credit Union's EMV credit and debit cards have an embedded microchip that provides enhanced security features and added protection at payment terminals locally and abroad.

How do I use my chip card at a chip-enabled terminal?

EMV - How To

Rewards Round-Up

Build your savings automatically with our REWARDS Round-Up savings program

With our REWARDS Round Up savings program, bags of groceries, cups of coffee and tanks of gas purchased with your ISU Credit Union debit card* may automatically add up to more savings for you.

How REWARDS Round-Up works

Enroll in our REWARDS Round-Up savings program and when you make everyday purchases with your ISU Credit Union debit card*, we'll:

  • Round up your purchase to the nearest dollar amount
  • Transfer the difference from your REWARDS Plus checking account to your savings account
  • Track your savings in Online Banking

REWARDS Round-Up Sample

  •  
Your Purchase Item Price Rounded Up To Transferred to Savings Alert Me
Coffee $3.37 $4.00 $0.63
Lunch Combo Meal $5.20 $6.00 $0.80
Gas $37.01 $38.00 $0.99
Groceries $87.90 $88.00 $0.10
Total Transferred
to Savings = $2.52

ID Theft Protection

Fraud Defender

We’ve partnered with a national identity theft protection service called Fraud Defender to help provide aggressive safeguards for our valued members. Our new streamlined checking accounts will come with both financial rewards as before and peace of mind by being part of an identity protection system. 

*Annual Percentage Yield (APY). Account balances over $20,000 will be paid 0.25% APY on the balance over $20,000. A “qualification cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle.  Accounts which do not meet the three monthly qualifications will earn 0.01% APY on the entire account balance. REWARDS Plus checking is available only on personal accounts.

Comments

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Rewards Plus - the best checking around!

I love this account because it has so many features that I use on a regular basis - $25 in monthly ATM fee refunds - 2.05% rate, free cashiers checks and more!
Posted By: John Williams
48 days 17 hrs 35 secs ago
Post a Reply Flag as inappropriate

 Rewards Plus - Nothing Like it!

Thanks John - I would have to agree with you about the Rewards account. The rate is now 2.50% so you can earn even more value with this amazing checking account.
Posted By: BJ F.
47 days 19 hrs 52 mins 28 secs ago
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