Alliant Credit Union Review 2025
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At a glance
Overview
Alliant is ideal for consumers looking for an online credit union that prioritizes competitive rates and low fees. The wide range of deposit account options makes it easy to manage all your finances under one roof. Alliant also makes it easy to become a member, with several ways to qualify. However, those looking for top-notch yields on checking and savings accounts should shop around.
Highlights:
24/7 Customer Service ATM Fee Refunds Low FeesHighlights:
CDs
Checking
Savings
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.1/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Overall
Alliant Credit Union is best for those who are comfortable solely banking online, as the credit union doesn’t maintain branches. Fortunately, the credit union maintains 24/7 customer support over the phone, and its mobile app is highly rated by iOS and Android users, making mobile banking a breeze. Alliant members also get access to a wide network of surcharge-free ATMs, in addition to ATM rebates with the High-Rate Checking account.
Alliant Credit Union offers deposit accounts with solid APYs and minimal fees. This Chicago-based credit union is insured by the National Credit Union Administration (NCUA).
Pros
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Although not the highest on the market, the savings accounts, checking accounts and CDs offer decent yields.
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Alliant offers surcharge-free access to over 80,000 ATMs.
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The credit union has accessible membership requirements.
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Alliant charges very few checking and savings fees, including no overdraft or monthly maintenance fees.
Cons
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The credit union doesn’t offer any specialty CDs such as no-penalty CDs.
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Higher yielding checking and savings accounts are available elsewhere.
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Alliant Credit Union banking products
Alliant Credit Union High-Rate Savings account
Pros
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The high-yield savings account pays a solid APY.
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There’s no monthly fee.
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Members can open multiple accounts to track specific savings goals.
Cons
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There are higher savings APYs available at certain online banks.
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You need to have at least $100 to earn interest with the credit union’s High-Rate Savings account.
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Your account may be closed if your balance falls below $5.
Alliant Credit Union’s high-yield savings account pays a robust APY. Account holders must maintain an average monthly balance of at least $100 to earn interest. A minimum balance of $5 is required to keep the account open. The high-yield savings account doesn’t charge a monthly fee, though there is an inactivity fee of $10 if you open but don't use your account.
Alliant also lets members open up to 19 savings accounts — called supplemental savings accounts — to save for specific goals. Members can name each account based on their goals, allowing them to track progress easily.
Alliant Credit Union certificates of deposit
Pros
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Alliant CDs come with competitive yields.
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There’s a solid range of CD terms to choose from.
Cons
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Alliant doesn’t offer bump-up or no-penalty CDs.
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Jumbo CDs don't offer significantly higher yields.
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While a $1,000 deposit for a CD is relatively standard, some banks have lower minimum opening deposit requirements.
Alliant offers a range of CD term lengths, and all of them carry APYs above the national average. Customers can choose from CD terms ranging from three months to five years. The range of term lengths provide customers the ability to build a CD ladder. All CDs are insured by the NCUA and require $1,000 to open — or $75,000 for a jumbo CD, which pays a slightly higher APY — and no maximum amount.
Despite the good terms and solid yields, Alliant lacks when it comes to specialty CDs. It doesn't offer no-penalty CDs or bump-up CDs, which means you'll pay a fee to withdraw funds early and you won't be able to increase your rate during a term.
Alliant Credit Union High-Rate Checking account
Pros
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There’s no monthly service fee or minimum balance requirement.
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Members get access to 80,000 fee-free ATMs and $20 in monthly rebates.
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Alliant Credit Union offers members a free first box of checks.
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There are no overdraft fees.
Cons
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There are some checking accounts that offer a higher yield.
Alliant’s High-Rate Checking account pays a decent yield for a checking account, requires no minimum balance and charges no service fees or overdraft fees. Customers who open this account receive a Visa debit card with tap-to-pay.
The credit union offers access to over 80,000 surcharge-free ATMs. It also offers rebates of up to $20 per month for out-of-network ATM use.
Alliant Credit Union members are automatically enrolled in Courtesy Pay after six months, a service that might pay overdrafts not covered under traditional overdraft services. To remain eligible, a member must transfer at least $600 from outside of Alliant into their account each month and meet other unspecified eligibility criteria.
How Alliant Credit Union compares to other banks
Compare different account types offered by Alliant Credit Union. Annual percentage yields (APYs) shown were updated between Nov. 27, 2025 and Dec. 3, 2025.
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Selected bank
Alliant Credit Union savings account
Bankrate score
4.4
Bankrate Savings rating = 4.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
Most comparable
Ally Bank savings account
Bankrate score
4.4
Bankrate Savings rating = 4.4/5 Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
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Bankrate score
Bankrate Savings rating Bankrate scores are objectively determined by our editorial team. Annual percentage yields (APYs), minimum opening deposit requirements and minimum balances to avoid monthly service fees are some of the things that make up Bankrate’s score. |
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APY
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY includes the effects of compounding interest. APYs last updated between Nov. 27, 2025 and Dec. 3, 2025.
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| 3.10% | 3.30% | |
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Minimum balance for APY
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| $100.00 | $0.00 | |
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Estimated earnings
Interest earned calculation based on a $50,000 deposit amount for a period of 1 year and is rounded to the nearest dollar. Exact earnings are dependent on calendar year, balance, and compounding frequency. Minimum deposit rules may apply.
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| $1,550 | $1,650 | |
| Alliant Credit Union offers two savings accounts in addition to its CDs. In particular, its High-Rate Savings account offers a solid yield and comes with few fees. You must maintain at least $5 in the account to keep it open, and have an average daily balance of $100 to earn interest. Alliant allows you to open up to 19 “supplemental savings” accounts to save for specific goals. | Ally Bank consistently offers a competitive yield on its Online Savings Account. The online bank doesn’t have the absolute highest yield, but it offers a competitive one and doesn’t have a minimum balance requirement or a monthly service fee. The bank offers mobile deposit, but you’ll need to transfer money to the Ally checking account or money market account if you want to access money in your savings from an ATM. | |
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Bank fees
| Fee | Amount |
|---|---|
| Overdraft fee | None |
| Non-sufficient funds fee | None |
| Monthly maintenance fee | None |
| Out-of-network ATM fee | None |
| Excessive transaction fee | None |
| Dormant Account (for savings accounts) | $10 |
| Inactivity (for savings accounts) | $10 |
Bank customer experience
Membership. Alliant is easy to join despite its status as a credit union. If you don’t meet specific criteria listed on its website, you can become an Alliant Credit Union Foundation digital inclusion advocate to become eligible for Alliant membership. Alliant will pay the one-time $5 contribution to the Foundation on your behalf.
Digital experience. Alliant offered highly rated mobile apps for Android and iOS devices. The app allows customers to deposit checks, transfer money between accounts, pay monthly bills and track expenses with a personal financial management tool.
Customer support. The credit union provides a toll-free 24/7 phone number for issues that need immediate attention. It also offers a chat option and an online contact form for other account and service questions.
Bankrate staff insights
“I chose Alliant because the APY was higher than with other financial institutions,” said a Bankrate staff member with an Alliant account. “I have only had my account open for two months and have seen noticeable returns. Transferring funds into my Alliant high-yield savings account was incredibly easy — all I had to do was link the account I was transferring from and make the transfer.”
Disclosure: To enhance our product reviews, Bankrate employees often open accounts and provide feedback. They may have been compensated for their time and account maintenance, but this does not affect the integrity of their review.
Digital experience
The above images were last updated on August 8, 2024.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.
