Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
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This should be where you save all your money.
But Service CU is ideal for military members for more than just offering amazing APYs on its savings account.
These checking accounts also include online and mobile banking, early direct deposit and ID theft protection.
Service CU is great for military members deployed in Europe thanks to its multitude of branches abroad.
In fact, Americas CU offers several great options for checking accounts.
Thishigh-yield checking accounthas no monthly maintenance fees or minimum balance requirements and offers online and mobile banking.
(At most, thats 2% cash back.)
The account even includes identity theft coverage, cell phone insurance and a $10 monthly ATM fee reimbursement.
The Guaranteed Money Market Ultra account has more appeal, with 1.76% APY on balances above $2,500.
you could also use Americas CU for business banking and investment services.
Family members of current members may also join.
Upon first glance, USAA might not seem like the best financial institution for members of the military.
That said, USAAs mobile and online banking make it so that your location does not matter.
you’re able to choose from two checking accounts.
The PendFed free Checking account has no monthly fees and no minimum balance requirements.
Youll get more perks with Access America Checking.
This is a good idea for checking accounts anywayto avoid overdraft fees.
you’ve got the option to invest as little as $1,000.
Eligibility:This is the easiest bank or credit union to join on our list.
This financial institution is a favorite of deployed military members who are constantly globe-trotting.
(Children may benefit from the Youth Savings Account with the same APY.)
But the paid Power Protected Checking account is worth a second glance.
Another plus: There is no minimum balance requirement for this account.
With shared branching and online banking, you wont have any problems.
Five out of six of the financial institutions on our list are military credit unions.
Financial institutions frequently changethe bonuses they offer, includingmilitary discounts.
However, military members should prioritize a bank that has the features listed above.
In addition, several banks now waive credit card fees for service members.
Did you know?
It sounds appealing right?
Check it out here!
