If you want your checking account to earn you a decent amount of interest, LifePlus Checking isnâ€™t a good option. The accounts on our list of the best checking accounts include ones with higher APY offerings than LifePlus Checkingâ€™s highest rate tier, at a lower balance and without all the fees. The combination of fees and lack of perks makes this checking account rank fairly low when held up to the competition.
Chartway Federal Credit Unionâ€™s dividend offerings on savings accounts are extremely low. While you are required to open a Prime Share Savings account in order to gain membership into the credit union, it would be wise to keep your savings somewhere else if youâ€™d like to see it grow through a higher APY. You can find accounts that help you do just that by checking out our list of the top savings accounts on the market.
Certificates are Chartway Federal Credit Unionâ€™s most competitive deposit account offering. With small minimum deposit requirements, the barrier to entry is lower than it would be at other financial institutions. On top of that, dividend rates on Flex-Term Certificates are up there with some on our list of the best CD offers on the market, and you get to choose your own term, even if it doesnâ€™t fall on a six-month interval.
Money market rates at Chartway Federal Credit Union are not competitive. You can find significantly higher APY offerings on our list of the best money market accounts. Really, you could even find far more competitive rates via savings accounts, and these accounts tend to have lower minimum balance requirements than money market accounts.
Chartway Federal Credit Union is competitive in this arena. In fact, on 60- to 71-month IRA Share Certificates, you will find that this financial institution offers one of the highest APYs at the time of this writing. For all other terms, it would be advisable to check out our list of the top IRA CD rates. Chartway Federal Credit Unionâ€™s rates certainly arenâ€™t abysmal across these terms, but theyâ€™re not the absolute highest either.
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