High Yield Benefits Checking
With Honor’s high yield Benefits Checking account you’ll earn a high rate of interest on your average daily balance every month. A free checking account that pays you money sounds too good to be true, right? Wrong! It’s just another way we are committed to making your money work for you.
Not yet a member? We're happy you're here! Click below to get started with your account today
Already an Honor member but don’t have a checking account? Let's get you started with one!
Free Checking Account with Benefits
Enjoy the Benefits
- Earn 5.15% APY* on your average daily balance up to $10,000* after you meet a few easy requirements!
- No monthly or minimum balance fees.
- Receive a free MasterCard debit card via instant issue in branch or in the mail.
- Receive up to $20 each month in ATM surcharge reimbursements.**
- Pair Benefits Checking with an Amplify Money Market to earn high interest rates while maintaining access to your funds.
How Much Can You Earn?
Below are some examples of how much you could earn with a high yield Benefits Checking account.
| Average Daily Balance | Interest Earned After One Month | Interest Earned After One Year |
|---|---|---|
| $10,000 | $42.92 | $515 |
| $8,000 | $34.33 | $412 |
| $5,000 | $21.46 | $257.50 |
| $1,000 | $4.29 | $51.50 |
| $500 | $2.15 | $25.75 |
Easy Requirements
It’s easy to take advantage of our free high yield Benefits Checking account. Just meet these easy requirements each month!
Not yet a member? We're happy you're here! Click below to get started with your account today
Already an Honor member but don’t have a checking account? Let's get you started with one!
View the full disclosure of account rates and conditions
Tools For Your Success
Access your pending ACH direct deposit early with our Instant Deposit and skip the wait for your money.
Enroll and keep those pesky overdraft fees at bay, while keeping your transactions on track.
It’s free and easy—your purchases round up to the nearest dollar, and the spare change goes into your savings.
Still Have Questions? We Got You.
Checking Account FAQs
Setting up or switching your direct deposit to Honor is as easy as a click of a button with our ClickSWITCH tool. We also have a simple form you can fill out and submit to your employer’s HR department.
Absolutely! Paying your bills online with Honor is free and easy.
For Members
Visit our online banking page to learn how to set up Online Bill Pay.
Not a Member Yet?
No problem. First, let’s get you into the Honor family with our simple clickSWITCH tool.
Yes! Both of our checking accounts give you access to over 35,000 surcharge-free ATMs across the country. As an added bonus, our Benefits Checking account pays you up to $20 each month in surcharge reimbursements if you use an ATM that is not in our network.
Leaving The Country?
No problem.
- Simply give us a heads up before you leave by calling us at 800.442.2800 or stop by a local Honor branch so we know to expect transactions from your destination.
- Beware of blocked and sanctioned countries. The Office of Foreign Asset Control (OFAC) of the US Department of Treasury has a current list of those countries. If the country you are visiting is on this list, ALL card activity will be blocked per the requirement from OFAC. On occasion, Honor Credit Union may block countries in addition to those listed on the OFAC list, but should there be additional countries, they would be listed here.
- While debit and credit cards are accepted in most countries, MasterCard charges foreign currency conversion fees for purchases made with their credit and debit cards, in addition to ATM cash withdrawal fees.
No! Honor Credit Union doesn’t charge per-check fees for either checking account.
There are three ways to reorder checks!
Online Banking
- Login to online banking
- Click the orange “OC” icon next to Checking on the main Account Summary page.
Deluxe Website
You can reorder checks by visiting the Deluxe website.
In Person
You can stop by any local Honor branch and speak with an Honor team member to order more checks.
*APY = Annual Percentage Yield. Rates accurate as of 11/1/24, $25 minimum deposit required to open. Earn the 5.15% APY on balances of up to $10,000.00. Members not meeting the Dividend Requirements will not earn dividends. Dividend Requirements are e-Statements, Direct Deposit, at least 20 debit card transactions per month that clear your account as signature-based or PIN-based point of sale (POS) debit transactions (PIN-based ATM transactions not eligible; please note that Honor posts transactions based on how they are received from merchants) and minimum 1 monthly online banking login.
**ATM foreign surcharge fees will be refunded monthly up to $20/month. Members not meeting requirements will not earn ATM foreign surcharge fee refunds. No free checks offered on this account. One account per Member. Rate is variable and may change after account is opened. Insured by NCUA.
^APY = Annual Percentage Yield, 0.00% APY. $250 paid when new or existing member without a current checking account opens a personal checking account with a minimum opening deposit of $25, sets up qualifying direct deposit(s) totaling $500 or more and conducts 8+ debit card transactions all within 60 days of account opening. A qualifying direct deposit is defined as one from a recurring paycheck, pension, or government benefits (such as social security) payments only. Non-payroll related ACH, person-to-person payments and transfers from other financial institutions or other Honor CU accounts do not qualify. Bonus will be paid within 30 days of minimum requirements being met. New account must remain open and maintain a positive balance for at least 90 days. If criteria is not met, $250 bonus will be withdrawn from account. New members must open account at honorcu.com/bonus/ or a local branch location. Existing members must open new checking account at branch location, phone, or video appointment, and specifically mention the $250 offer at time of opening. Existing members that have closed a checking account at Honor in last five years, not eligible. Offer subject to change without notice. The value of the reward may be reported on the appropriate Internal Revenue Service (IRS) forms and may be considered taxable income to you. Please consult your tax advisor regarding your specific situation. Insured By NCUA.
