[AR, IN, MI, OH, OK, PA, NV, NC only] United Federal Credit Union: Ultra Checking Account – Earn 5% APY On Balances Up To $15,000

Update 7/16/26: New link for the $350 bonus

Update 3/28/26: New $350 bonus.Nevada residents only. Hat tip to reader snailrock

Update 11/20/25: Terms now say ‘Offer limited to residents of Arkansas, Indiana, Michigan, Ohio, Oklahoma, Pennsylvania, Nevada, and North Carolina’

Update 11/6/25: Now offering a $250 checking & $100 debit card. 

Update 5/18/23: Has now increased to 5% APY from 3% APY.

Offer at a glance

• Interest Rate: 3% APY
• Minimum Balance: None
• Maximum Balance: $15,000
• Availability: MI, NV only
• Direct deposit required: Yes, no minimum mentioned. It does say just an ACH deposit is required. 
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Up to $1,000
• Monthly fees: None
• Insured: NCUA

The Offer

Direct link to offer

• United Federal Credit Union Ultra Checking account offers 3% APY on balances up to $15,000 when the following requirements are met:
  • eStatements
  • 10 debit transactions
  • 1 ACH deposit (no minimum specified)

Avoiding Fees

There doesn’t seem to be any monthly fees to worry about. There will be an inactivity fee when a checking account other than an eCash with an average monthly balance below $250 and that is inactive for three months or more will be charged a monthly $7 inactivity fee

Our Verdict

Relatively easy requirements to meet, will add this to the best high yield savings accounts.

Hat tip to PrudentVeterinarian0