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Earn More with your Free Checking account.

Earn More with your Free Checking account.

Earn 10x the national average³ and maintain access to your funds - it's easy.

It’s your money – let us help it grow.

Earn 0.50% APY1 on checking balances up to and including $100,0002 - that's 10x the national average.3

DCU’s Free Checking with the Earn More feature enables you to earn interest while maintaining access to your funds. Earn More is an interest earning sweep feature that can be activated on your DCU Free Checking or Dividend Checking Account. The Earn More feature enables you to earn interest on your checking account on balances up to and including $100,000.00² – that’s 10x the national average³. Eligible balances are automatically swept out to interest-bearing FDIC insured deposit accounts held at participating institutions throughout the country.

What Rate Will I Get? 

  • The Earn More feature has a variable rate.
  • Funds earn interest beginning the first of the month in which the feature is activated and are posted monthly.
  • Accrued interest is forfeited for the month if the account is closed or the Earn More feature is deactivated prior to monthly interest posting. Fees or other conditions may reduce earnings.

Please refer to DCU's Earn More feature Terms and Conditions for additional information.       

How Do I Activate the Earn More Feature on my Checking Account?    

To activate the Earn More feature:

  1. Log in to Online or Mobile Banking.
    • In Online Banking: Click Account Manager in the top navigation and choose Earn More.
    • In Mobile Banking: Tap Account Manager > General > Earn More
  2. From the dropdown menu, select the eligible checking account you wish to add the Earn More feature to.
  3. Click to open and read the Terms & Conditions; these are available to read anytime on dcu.org/earnmore. 
  4. Check the box to agree to the Terms & Conditions and submit your request.

Your Earn More feature will remain in a pending state until the first business day of the following month, at which point the feature will become active. 

Free Checking with Earn More

Earn 10x³ the national average with Earn More activated!

Minimum Daily Balance to earn Minimum Daily Balance to earn Interest Rate² Interest Rate² APY¹ APY¹
Up to and including the first $100,000 0.50% 0.50%
$100,000.01 and above 0.00% 0.50% - 0.05%
Minimum Daily Balance to earn Minimum Daily Balance to earn Interest Rate² Interest Rate² APY¹ APY¹
Up to and including the first $100,000 0.50% 0.50%
$100,000.01 and above 0.00% 0.50% - 0.05%

¹APY = Annual Percentage Yield. Rates are variable and may change from time to time after the Earn More feature is added to an account. APY range assumes a maximum account balance of $1,000,000.00 and is for illustration purposes only. Funds earn interest from the first of the month in which feature is activated.  Feature becomes activated the first of the month following the month enrollment took place.  The Earn More feature can only be added to one checking account per membership, excluding HSA Checking accounts. Fees or other conditions may reduce earnings. Rate is accurate as of April 1, 2020.

Please refer to DCU's Account Agreement for Consumers, and Schedule of Fees and Service Charges, for important information and disclosures regarding your Free Checking account  or to DCU's Earn More feature Terms and Conditions for additional terms and conditions on the Earn More feature. 

²Since Earn More is a sweep feature, eligible balances are automatically swept out to interest-bearing FDIC insured deposit accounts held at participating institutions throughout the country.  You will still have access to your checking account funds.

3The national average APY is accurate as of November 30, 2020, as published in the FDIC’s Weekly National Rates and Rate Caps; average used is for deposits under $100,000.

Current Participating Program Institutions:

RECEIVING FINANCIAL INSTITUTIONS

ALLOCATION

Citibank N.A. Sioux Falls, SD

50%

E*Trade Bank, Arlington, VA

50%