Rewards Checking

Want to earn a higher rate of interest OR cash back on your everyday checking account for doing what you're already doing? Get the best rewards with Rewards Checking!

• No minimum balance required
• No monthly service fees
• Debit Card - our branches are equipped with instant issue machines!
• Online and Mobile Banking
• Learn about additional services including how to get paid up to 2 days earlier!

And you get to choose how you want to be rewarded!

If you choose High Yield Rewards:

Beginning May 1, 2023, you'll earn these great rewards every month you qualify:

• 5.12% APY* on balances up to $10,000
• A range of 5.12% - 1.80% APY* on the portion of your balance above $10,000 (APY* will be calculated on an Interest Rate of 0.50% based on your balance)**
• Maximum of $10.00 in ATM fee refunds nationwide, up to $4.99 per transaction

In Addition...

• If you do not qualify to earn rewards during a given cycle, you may try again next cycle 
• The account will earn a rate of 0.05% APY* on non-qualifying cycles

If you choose Cash Back Rewards:

You'll earn these great rewards every month you qualify:

• 3.00% cash back on your debit card purchases up $250
• Up to $7.50 cash back
• Maximum of $10.00 in ATM fee refunds nationwide, up to $4.99 per transaction

In Addition...

• If you do not qualify to earn rewards during a given cycle, you may try again next cycle

It's Easy to Qualify for your Rewards:

It only takes a few simple steps to qualify -- and you're probably already doing them: 

1. Make 12 debit card transactions that post and settle during the cycle
2. Have at least one ACH automatic transaction, like an auto draft or direct deposit, post and settle during the cycle
3. Enroll in eStatements

Detailed list of monthly qualification cycle dates

Click below, visit any branch in Baton Rouge, Gonzales, Prairieville, Denham Springs or Zachary, or call (225) 214-6800 to sign-up today.

PLUS! Your Checking Account Includes These Additional Services

Open a Rewards Checking Account

*APY=Annual Percentage Yield. APYs accurate as of 5/01/2023. Rates may change after account is opened.  The following must be met each qualification cycle:  (1) Have at least 12 debit card purchases post and settle, (2) Have at least 1 automatic payment (ACH) or direct deposit post and settle, and (3) Be enrolled and receive e-statement notice.  If qualifications are met each monthly qualification cycle: (1) balances up to $10,000 receive APY of 5.12%; and (2) balances over $10,000 earn 0.50% interest rate on portion of balance over $10,000, resulting in a range of 5.12% - 1.80% APY depending on the balance (3) domestic ATM fees up to $4.99 per item with a maximum total refund of $10.00 will be reimbursed on the last day of your statement cycle. ATM receipt must be presented for $4.99 maximum ATM fee reimbursement if surcharge is $5.00 or higher.  Fees may reduce earnings.  If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM transactions do not count towards qualifying debit card transactions. “Monthly 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.

 **Our APY calculations for Rewards Checking are based on an assumed total account balance of $10,000 plus $25,000.

 * special services fees, such as stop payment, NSF, etc. do not apply.

**A $2.00 fee will be charged anytime we transfer funds from your savings account or your eLine into your checking account to cover a potential overdraft. Funds are transferred in $100 increments. An eLine is subject to credit approval.

 † Refer to EFCU Financial’s Agreement and Disclosures for a list of eligibility requirements.