Free Checking

FREE Checking

Flexible + Convenient = Free Checking

FREECHECKINGEnjoy convenient access with flexible features when you open a Free Checking account with Inspire Federal Credit Union. Managing your money should be simple and streamlined, we have created a checking account that does just that! Get all the services you need to manage your money efficiently and securely without the hassle of fees.

Benefits

*Online Bill Payer function must be used once every 30 days. If there is not a bill pay transaction within 30 days member will be subject to Bill Payer Monthly Inactivity Fee (After 30 days of non-use).

**APY=Annual Percentage Yield. Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. Qualifications = 1) making 12 signature based debit card point-of-sale purchases; 2) having one or more direct deposit, online bill payment or electronic auto debit (ACH) transactions; and 3) receiving your monthly statement electronically. Electronic statements are a condition to maintain this account; if the account is not enrolled within 60 days of account opening, Kasasa Rewards account will be converted to a free checking that does not receive rewards. Qualifying debit card transactions do not include ATM-processed transactions, transfers between accounts, debit and credit card purchases processed by merchants and received by Inspire Federal Credit Union (Inspire FCU) as ATM or PIN-based, and purchases made with non-Inspire FCU issued debit or credit cards. "Monthly Qualification Cycle" means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Kasasa Cash Rewards: Below $10,000 Cap Rate – 1.50%APR/1.51% APY; Above $10,000 Cap Rate – 0.25% APR/1.51% - 0.37% APY; ATM Fee Refunds: $20/Cycle. Non-Qualification Rate – 0.01% APY. Rates are variable and may change after account is opened. APY is accurate as of 7/1/2016. Kasasa Cash Back Rewards: Transaction Cap – $300.00; Effective Reward Cap/Month – $6.00 and ATM Fee Refunds: $20/Cycle.  When your Kasasa account qualifications are not met, reward distributions are not made. If qualifications are met, ATM rewards post on the last business day of the month and dividends post on the last day of the month. Rates and rewards are variable and may change after account is opened. Overdraft or NSF fees may reduce earnings. Account approval, conditions, qualifications, limits, time frames, enrollments, logons and other requirements may apply. No minimum deposit is required to open the account and earn APY. Enrollment in electronic services (e.g. online banking, electronic statements, and logons) may be required to meet some account qualifications. Limit 1 account(s) per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact an Inspire FCU service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA.