[Update][Nationwide] Service Credit Union 3% APY On Balances Up To $3,000

Update 4/25/22: They also have a Primary Savings Account with 5% APY on balances up to 5% (ht Alex)

Offer at a glance

• Interest Rate: 3%
• Minimum Balance: None
• Maximum Balance: $3,000
• Availability: MA, NH only. It’s actually available nationwide if you join the ACC (free to join) first
• Direct deposit required: None
• Additional requirements: None
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Can fund up to $249 with a credit card
• Monthly fees: None
• Insured: NCUA

The Offer

Direct link to offer

• Service Credit Union offers a Holiday Club account. This earns 3% APY on balances up to $3,000 with no requirements.

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees to worry about

Our Verdict

The primary savings account offers 5% APY on balances up to $500 as well. I can’t see these rates last long, especially as it’s available nationwide by joining the ACC for free but might be useful in the short term. I think most people would be better off just going for a savings bonus instead. If the rate does stay around long term then it’s obviously fantastic but I think the chances of that are low. You can view other high yield accounts by clicking here. There is also a $100 referral bonus.