Account Features
Earn 1.25% APY1 on balances up to $15,0002, with no minimum balance required to earn dividends.
- No minimum balance requirement and no monthly service fees
- 24/7 access to online & mobile banking
- Overdraft protection options available
- Nationwide ATM withdrawal fee refunds2
- Free bill pay, eStatements, Visa® Debit Card, and budgeting tools
- Earn 0.15% APY on balances over $15,000
- Earn a base rate of 0.05% APY when qualifications aren't met
- Get paid up to two days early with direct deposit and Early Pay
Plus, access over 35,000 surcharge-free ATMs.
Meet these requirements each month to earn dividends on qualifying balances. If you miss a month, don't worry. You can qualify again the next month.
Cash Rewards Checking - AACU Checking Account FAQs
Cash Rewards Checking earns 1.25% APY1 on balances up to $15,000 once you meet monthly qualifications2 at AACU. Balances above that threshold earn 0.15% APY on the excess amount instead. Falling short of qualifications one month drops your rate to a 0.05% base APY. Check your eligibility and open your account this cycle.
The 1.25% APY1 tier applies only to balances up to $15,0002 in your Cash Rewards Checking account. Any amount above $15,000 shifts to a separate 0.15% APY tier, so larger balances still earn something. Most everyday checking balances stay comfortably within the top tier. Compare account tiers before you open an account.
Yes, one direct deposit or pre-authorized ACH payment counts as one of three monthly qualifications for the 1.25% APY1 rate. You'll also need twelve debit card purchases and eStatement enrollment during the same cycle. Skipping any requirement drops that month's rate to the base tier. Check your eligibility and set up direct deposit today.
- Locations & ATMs
Find an AACU branch or ATM or locate thousands of surcharge-free ATMs or shared branch locations in the U.S. and Canada.
- Meet With A Financial Coach
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- Deposit Rates
Check out current rates for checking, savings, certificates, and IRAs.
- Explore Checking Accounts
Not ready to commit? That's okay. Check out our other checking options - we know you'll find one that fits!
1 Annual Percentage Yield (APY) effective 10/20/2026. Accurate as of the last dividend declaration date.
2 Qualifications: (a) Post and clear at least one direct deposit or pre-authorized ACH (b) post and clear twelve or more purchase transactions using your debit card and (c) enroll to receive your periodic statements electronically during the monthly periodic statement cycle. Account transactions and activities may take one or more days to post and clear to the account and all must do so during the monthly periodic statement cycle in order to qualify for the account’s rewards. When your Cash Rewards Checking account qualifications are met during a monthly periodic statement cycle, the following rewards will be distributed to your account on the last day of the month. Balances up to $15,000.00 earn an APY of 1.25%; and balances over $15,000.00 earn 0.15% APY on the portion of balance over $15,000.00. ATM fee refunds limited to $4.99 per item and $25.00 per monthly periodic statement cycle. Terms and conditions subject to change.
Visa® is a trademark owned by Visa International Service Association and used under license.
All cards issued by Air Academy Credit Union pursuant to a license from Visa USA Inc.