Connexus Credit Union has a few checking account options: a noninterest-bearing Innovative checking account — the product scored for this review, an interest-bearing Xtraordinary checking account and a teen checking account for those 17 and under. None of the accounts charge a monthly fee.
The Innovative account is the credit union’s basic checking account that requires no minimum balance. You’ll have access to more than 54,000 fee-free ATMs, with no reimbursement for any surcharges resulting from use of out-of-network ATMs.
With the Xtraordinary checking account, there is an opportunity to qualify for rebates for ATM surcharge fees. But to earn interest, account holders must enroll in e-statements and spend at least $400 or make 15 purchases using a debit card.
There’s no minimum deposit to open a checking account, but each Connexus member is required to open a regular savings account and deposit at least $5.
Xtraordinary checking customers can get ATM surcharge fees refunded up to $25 a month.