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Alliant Credit Union Review 2022

Updated December 2, 2022
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At a glance

Rating: 4.7 stars out of 5
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Alliant Credit Union is ideal for eligible customers who want a range of high-yielding product options and to minimize fees. Alliant makes it easy to become a member, providing several methods of eligibility.


  • 24/7 Customer Service
  • ATM Fee Refunds
  • High APY


Alliant Credit Union is an NCUA-insured credit union based in Chicago that offers deposit accounts with competitive APYs and minimal fees. It offers a highly rated mobile app as well as access to a wide network of surcharge-free ATMs.


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    The savings accounts, checking accounts and CDs offer competitive yields.

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    Alliant offers surcharge-free access to over 80,000 ATMs.

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    The credit union has manageable membership requirements.


  • The credit union doesn’t offer any specialty CDs such as no-penalty CDs.

  • Peer-to-peer payment options are not offered.

Alliant Credit Union bank products

Rating: 5 stars out of 5
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Alliant Credit Union savings overview

Alliant Credit Union’s high-yield savings account is among the best savings accounts nationwide. It pays a top-tier APY, rewarding members for keeping their savings with the credit union. 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 to members who sign up for e-statements. Otherwise, a $1 monthly fee is charged for paper statements.

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.


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    The high-yield savings account pays a top-tier APY.

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    There’s no monthly fee for members enrolled in e-statements.

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    Members can open multiple accounts to track specific savings goals.


Bank experience

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 a member of Foster Care to Success (FC2S) to become eligible for Alliant membership. Alliant will pay a $5 membership fee to FC2S on your behalf.

Alliant offers highly rated mobile apps for Android (4.6) and iOS devices (4.7). The app allows customers to deposit checks, transfer money between accounts, pay monthly bills and track expenses with a personal financial management tool.

The credit union provides a toll-free 24/7 phone number for issues that need immediate attention. It also offers an online contact form for other account and service questions.

About Alliant Credit Union

Alliant Credit Union is an NCUA-insured credit union based in Chicago. It's ideal for eligible customers who want a range of high-yield deposit products with minimal fees. Alliant makes it easy to become a member, providing several ways to become a member, including proximity to the credit union’s headquarters, employment and familial status, or by donating to a cause it supports.

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

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.