If youâ€™re opening a checking account based solely on the interest rate you can get, Columbia Credit Union isnâ€™t for you. The only dividend-bearing account offers a paltry rateâ€” and even its other checking accounts, which have perks such as no maintenance fees or no foreign transaction fees at ATMs, have competitors that offer these same benefits without sacrificing on dividends. Shop the competition on our list of the top checking accounts before deciding which account is best for you.
Columbia Credit Unionâ€™s savings accounts do not pay very much in the way of interest. While free checks for people with a Achievers Club Savings account is a nice perk, they do not make up for low APY offerings. You can find much better rates by shopping our list of the best savings accounts on the market.
Columbia Credit Unionâ€™s certificates are more competitive than its checking and savings products. While the rates arenâ€™t the highest on the market, theyâ€™re not the lowest either. But you donâ€™t just want â€śnot the lowestâ€ť â€” you want to get the best rate you possibly can, especially when youâ€™re putting your money into an account where you wonâ€™t be able to touch it for a set period of time. Be sure to shop our list of the best CD rates on the market so you can get the best rates available.
Columbia Credit Unionâ€™s dividend offerings on money market accounts are not competitive. They fall far below the rates offered by the competition, despite having reasonable minimum opening deposit requirements and potential rate boosts through the Bonus Dividend Plan. Shop our list of the best money market accounts on the market and be rewarded with a higher APY.
The rates offered on Columbia Credit Unionâ€™s IRA certificates arenâ€™t the lowest around, but theyâ€™re not the highest, either. An IRA certificate is already an extremely conservative portfolio holding; you want to make sure youâ€™re not further stunting your moneyâ€™s growth by earning less of an APY than you have to. Shop around to ensure youâ€™re getting the best IRA CD rates the market has to offer.