Say hello to your Rewards.
Still using Simply Checking? Let’s beef up your benefits with one of two upgrades for your existing account:
Earn 3.00% APY1 on balances of $0.01 – $10,000
- No minimum checking balance is required
- One free box of checks per calendar year1
Earn $0.10 cash back1 on Rewards debit card purchases
- Add us to your mobile wallet for greater convenience
- One free box of checks per calendar year1
No disruptions, no penalties.
Choosing a Rewards upgrade will NOT disrupt the base benefits of your Simply Checking Account. It will simply give you the option to earn some extra perks each month. We’d say that’s a win-win!
- No changes to your account number
- No need to redo your Bill Pay or Direct Deposit
- No penalties for not meeting monthly Rewards goals2
No pressure! Earn the standard dividend rate for Rewards checking, regardless of meeting your Rewards goals2. Click here to view the most current consumer fee schedule.
How to earn Rewards:
These are simple. Each month, if you meet both Rewards requirements2, you earn your High Yield or Cash Back Reward:
- $500 in qualifying direct deposits into your Rewards checking account
- 15 or more qualifying TruWest rewards debit or credit card transactions
Every month is a new chance to earn! Look for the TruWest Rewards Tracker in your online banking account to keep track of your progress each month.
Ready to pick your Rewards upgrade?
- Log in to your TruWest online banking account.
- From the top menu, select Online Request Forms > Rewards Checking Election Form
- Complete the form with your selection, and we’ll do the rest!
1Must be a TruWest member with a minimum $5 opening deposit and continuing balance. Accounts subject to approval. All Checking Rewards requirements must be met monthly (calendar month- “Cycle Month”) to receive program rewards. Eligibility requirements include having a monthly: 1) Qualifying Direct deposit; and 2) 15 TruWest debit/credit qualifying purchase transactions. Only one rewards checking account per primary member and only one rewards type (High Yield or Cash Back) available on an account at one time. Additional terms, conditions, and restrictions apply. Program, rates, rewards, terms and conditions subject to change without notice. Contact us at 1-855-878-9378, or visit us at truwest.org/rewardschecking or ask an account representative for full details.
Cash Back Program Reward. If requirements are met: (a) you will receive $0.10 cash back on qualifying debit card transactions that post and settle to your Rewards account during the Cycle Month. Automated teller machine (“ATM”) transactions do not qualify as a debit/credit purchase transactions; do not count toward Cycle Month requirements; or earn rewards.
High Yield Program Reward. APY = Annual Percentage Yield. If requirements are met: (a) balances up to and including $10,000 receive an APY of 3.00%; and balances over $10,000 earn 0.05% APY on the portion of the balance over $10,000, resulting in a tiered range from 3.00% to 0.05% APY. If requirements are not met, all balances earn 0.05% APY. Accounts are variable rate accounts and rates are subject to change at any time without notice. Fees could reduce earnings. APY is effective as of 2/1/22.
2Monthly requirement cycle is based upon the calendar month (“Cycle Month”). To earn rewards all requirements must be met during the Cycle Month. Members may change their rewards election at any time by contacting TruWest Credit Union. Earned reward will be determined by designated account type as of the last business day of the Cycle Month. A qualifying direct deposit is a recurring electronic deposit, made through the Automated Clearing House (ACH) network, of at least $500 aggregate per month in payroll, pension, government benefits (such as Social Security) funds or other regular monthly income by a member’s employer, the government, or an outside agency. Credit card cash advance transfers, wire transfers, person to person transfers, transfers from one account to another or deposits made at a physical TruWest location or ATM are not qualifying direct deposits. At least one qualifying direct deposit must post and settle to your rewards account per Cycle Month. At least 15 qualifying debit card or credit card purchase transactions (or a combination) must post and settle to your rewards account during the Cycle Month. Automated teller machine (“ATM”) transactions do not qualify as a debit/credit purchase transactions; do not count toward Cycle Month requirements; or earn cash back rewards. Cash back reward only awarded on qualifying debit purchase transactions. Qualifying transactions must post and settle to your rewards account during the Cycle Month. They will not qualify if in a pending state. Transactions may take one or more business days from the date the transaction was made to post and settle to an account. Surcharge free ATMs limited to TruWest Credit Union ATMs and designated CO-OP Financial Services’™ Network ATMs. ATM must be in CO-OP network at the time of transaction. Please contact TruWest for further information. If requirements are met, Dividends or earned cash back will be credited to your rewards account after the close of the Cycle Month. Speak to a credit union representative for complete details.