Premium Purple Checking

Don't just get a checking account that holds your money--get one that makes you money! We’re introducing our new Premium Purple checking account! With this free rewards checking you earn high dividends for completing simple banking activities! As a bonus if you open our Premium Purple checking today, you will auto-qualify to earn high dividend rewards through the end of 2018!* You’ll be able to access your account through our convenient, 24/7 on-the-go convenience services! Our free dividend earning checking account helps you manage your money efficiently without the hidden fees that play gotcha at the end of the month!

Features & Benefits

Terms & Dividends

Earn Up To

*Please visit our rates page for full disclosure and account terms and conditions.

Account Qualifications

   To earn your rewards, just have the following transactions and activities in your account during each monthly qualification cycle

  • Have signature-based debit card transactions totaling $500 or more

*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 month to qualify for the account's rewards. Qualifications = 1) making signature based debit card purchases totaling $500 or more; Qualifying signature based 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. Premium Purple Checking is a tiered rate account. Rewards: $25,000 and below – 0.50%APR/0.50% APY; $25,000.01 and above Rate – 1.05% APR/1.05%APY. APY is calculated as an average daily balance throughout the statement cycle, not on account balance at the end of the statement period. Once a particular balance range is met, the dividend rate and APY for that range will apply to the full balance of your account. Rates are variable and may change after account is opened. When your Premium Purple Checking account qualifications are not met, reward distributions are not made. If qualifications are met dividends post on the last day of the month. Transactions made one month but posted and cleared the account the following month will count towards the requirement for the month in which they post. Rates and rewards are variable and may change after account is opened. APY is accurate as of 5.7.18. Overdraft or NSF fees may reduce earnings. Account approval, conditions, qualifications, limits, time frames, and other requirements may apply. No minimum deposit is required to open the account and earn APY. Limit 1 account(s) per social security number. There are no recurring monthly service charges or fees to open or close this account.