Monday, 30 November 2020

Boeing Employees Credit Union (BECU) Review: Checking, Savings, CD, Money Market and IRA Accounts

Boeing Employees Credit Union (BECU) Review: Checking, Savings, CD, Money Market and IRA Accounts
22 Oct
4:39

BECU (Boeing Employees Credit Union)’s Most Popular Accounts

APY

Account Type

Account Name

Compare Rates from Similar Accounts

0.10%

Savings

BECU (Boeing Employees Credit Union) Savings

2.15%

CIT Bank Savings Builder

LEARN MORE Secured

on CIT Bank’s secure website

Member FDIC

0.85%

CD Rates

BECU (Boeing Employees Credit Union) 12 – 17 Month CD

2.55%

Goldman Sachs Bank USA High-yield 12 Month CD

on Goldman Sachs Bank USA’s secure website

Member FDIC

1.51%

CD Rates

BECU (Boeing Employees Credit Union) 36 – 47 Month CD

2.85%

Synchrony Bank 36 Month CD

on Synchrony Bank’s secure website

Member FDIC

1.71%

CD Rates

BECU (Boeing Employees Credit Union) 60 Month CD

3.00%

American Express National Bank 60 Month CD

on American Express National Bank’s secure website

Member FDIC

Boeing Employees Credit Union’s checking account options

magnifying glass

How Boeing Employees Credit Union checking accounts compare

Boeing Employees Credit Union checking accounts come with some of the highest interest rates available — compare them with this list of the best online checking accounts. You also won’t pay any monthly maintenance fees and the Member Advantage account offers ATM refunds. Keep in mind, however, that the high interest rate is available only on the first $500 you have in your Member Advantage account.

Boeing Employees Credit Union savings account options

magnifying glass

How Boeing Employees Credit Union savings accounts compare

The Early Saver and Member Advantage Savings accounts offer one of the highest rates available. Unfortunately, it’s good only for the first $500 in the account. After that, the APY falls, and is below what’s offered in our list of the best online savings accounts.

Is you’re looking for a youth savings account, the Early Saver is a great choice. If you plan on using a savings account to stash your short-term savings, you might want to do some comparison shopping to find the account that will earn more in interest.

Boeing Employees Credit Union CD rates

magnifying glass

How Boeing Employees Credit Union CD rates compare

Some of BECU’s CD terms don’t have great rates, but the Member Advantage rates are good. To get the highest rates possible, check out the current best CD rates and do some comparison shopping.

Boeing Employees Credit Union money market account options

magnifying glass

How Boeing Employees Credit Union money market accounts compare

Unfortunately, this money market account falls short of some of the best offerings out there. Even with the Member Advantage rates, the rates are less than half of what financial institutions are offering on this list of the best money market rates. You might be better off looking elsewhere.

Boeing Employees Credit Union IRA account options

magnifying glass

How Boeing Employees Credit Union IRA CD rates compare

BECU’s IRA CD rates are slightly lower than ones on this list of the current best IRA CD accounts, even member advantage rates. One great thing about these IRAs, however, is the add-to option feature — not a lot of other financial institutions offer the option to make additional deposits. If that’s important to you, BECU is a great choice.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Sarah Li Cain

Sarah Li Cain |

Sarah Li Cain is a writer at MagnifyMoney. You can email Sarah Li here

TAGS:

Recommended by

This Cash Back Number May Surprise You

This Cash Back Number May Surprise You

Best Travel Credit Cards With No Annual Fee

Best Travel Credit Cards With No Annual Fee

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit

2 Credit Cards Charging 0% Interest until 2019

2 Credit Cards Charging 0% Interest until 2019

Source: https://www.magnifymoney.com/blog/reviews/becu/

« »

Szemere

Related Articles