Features
Expect more from your checking account. Say goodbye to unnecessary fees and hello to a higher yield today.
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Earn up to 5.00% annual percentage yield (APY)[[cite:checking]]On balances up to $25,000
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Earn 0.25% annual percentage yield (APY)[[cite:checking]]On balances over $25,000
Discover your Intelligent Checking Account Perks
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$0 monthly service fee or minimum balance requirement
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Free online banking, bill pay, & money management software
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Nationwide network of 30,000 ATMs
With absolutely no fees
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Refunds on ATM surcharges nationwide
Up to $25/month[[cite:checking]]
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Visa debit card
Get your tap-to-pay card instantly in any branch!
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Direct deposit
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Mobile banking access
Deposit checks, pay people, use your mobile device to pay in stores, and more.
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Unlimited check writing
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Overdraft protection
*optional
It's easy to qualify
To qualify for Intelligent Checking®, you just need:
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12 iQ debit and/or Visa credit card transactions per month
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Direct deposit of a combined $100 or more per month
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Sign up to receive eStatements
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Log onto your online banking account at least once each month
Calculators
Use our helpful calculators to help guide your decision
Save for a Rainy Day
| Category | Your Plan | Your Goal |
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Life has a way of throwing surprises your way — a sudden medical bill, an unexpected car repair, or a gap between paychecks. Having money set aside for these moments can be the difference between a stressful setback and a manageable one. Start by estimating what you'd need: a buffer for unexpected costs plus enough to cover your essential monthly expenses for however long you'd want breathing room. Then map out how to get there using what you already have saved, what you can contribute each month, and the timeline that works for you. This calculator is for informational purposes only and is not intended as financial advice. Results are estimates based on the inputs you provide and assumptions about rates of return, which may vary. Please consult a qualified financial professional before making decisions about your savings strategy.
What's It Worth to Qualify?
See how much Intelligent Checking could earn you each year — and what meeting the monthly requirements is really worth per debit transaction.
| Source | iQ Qualifying | iQ Non-qualifying | Your Current Bank |
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Intelligent Checking pays [[iq:checking:checking-qualifying-low.column_2]] APY on balances up to $25,000 and [[iq:checking:checking-qualifying-high.column_2]] APY above that — but only in months you meet all four requirements: 12+ debit or credit transactions, a direct deposit of $100 or more, at least one online banking login, and eStatements. Miss any requirement and that month earns the [[iq:checking:checking-non-qualifying.column_2]] non-qualifying rate. You'll still pay no monthly fee either way. This calculator is for informational purposes only and is not financial advice. Actual earnings depend on your daily balance, qualifying activity, and rates in effect. Rates are subject to change — see current disclosures for details.
Save or Pay Off Debt
Printer-friendly version| Category | Pay Off Debt | Save Instead |
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Having savings is important, especially when the savings are part of an emergency fund or a hedge against a loss of income. However, when you also have debt — an outstanding credit card balance or loan — you might want to consider whether you're better off using the money you have in savings to pay down the debt. Whether it makes sense is determined by the interest rate you're earning on your savings versus the rate you're being charged on your outstanding balance. The difference between earning interest and paying it should give you a good indication of where you can get the best return. This calculator is for informational purposes only and is not financial advice. Results are estimates based on the figures you enter.
Intelligent Checking FAQs
What do I need to open an account?
Eligibility for membership:
- Any person who lives, works, or attends school in the State of Washington
- Any person who lives or works in the following six Oregon counties: Clackamas, Columbia, Hood River, Multnomah, Washington or Yamhill
- Any immediate family member of an existing iQ member. This includes:
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- Spouse, parents, grandparents, children, grandchildren, brothers, sisters, aunts, and uncles; also including “half” and “step” siblings, parents, and grandparents; and
- Domestic partner of a member
- Members of the Pacific Foundation for Blind Children (PFBC) who live or work within the state of Oregon
- Certified or Classified school employee within southwest Washington
- Businesses (Sole Prop, LLC, Partnership, Corp) that are legal entities within the State of Washington
- Businesses (Sole Prop, LLC, Partnership, Corp) located within the following six Oregon counties: Clackamas, Columbia, Hood River, Multnomah, Washington or Yamhill
Minimum deposit to open an account:
- General Membership (18 and older)- $5.00
- Minor Accounts (17 and younger)- $5.00
- Non-Profit Organizational Accounts- $5.00
- Business Accounts- $5.00
Other Requirements:
- Government-issued ID with photo with current address: Driver’s license, State ID, U.S. Passport, U.S. Armed Forces ID card
- Your Social Security Number (SSN) or Tax Identification Number (TIN)
- Current rental agreement, utility bill or mortgage statement for address verification
Association, Club, & Organization Accounts:
- Meeting minutes outlining the title of the Authorized Signers
- Valid ID for all signers
- EIN is required
How do I dispute a debit card or credit card transaction?
Please contact the Credit Union at 800-247-4364 or stop by your local branch to initiate a dispute on your debit or credit card. We will advise you on the best way to proceed with the dispute. Please contact us promptly, otherwise you may incur increased liability for the transactions.
What if my iQ Visa card is lost or stolen?
If you discover your card has been lost or stolen, call the Member Contact Center immediately at 360-695-3441 or 800-247-4364. If you are traveling outside the United States, please call 727-572-7723 to block your card immediately. You may stop at a local branch to receive a new card the same day, or call us during business hours to order a new card by mail.
How soon can I write checks or use my debit card after making a deposit?
All deposits are different. Some deposits take longer to clear, depending on the type of deposit and the time the deposit is made. For deposits made at a branch or by mail, any delay is counted in business days from the day of deposit. For example, if a deposit is made after hours, the deposit won’t be considered until the next business day.
If you make a deposit at an iQ Credit Union ATM:
- Savings deposits are held for two business days before funds are made available.
- Cash deposits are made immediately available.
- Check deposits release the first $500 of your total daily check deposits and the remaining funds become available after two business days.
(Note that some exceptions apply. Please see the Membership & Account Agreement for complete details.)
If you make a Mobile Deposit:
- Savings deposits are held for two business days before funds are made available.
- Checking deposits release the first $500 of your total daily check deposits and the remaining funds become available after two business days.
How do I order or re-order checks?
A new check order may be placed by:
- Visiting a branch location
- Submitting a secure message through your Online Banking profile (please be sure to list all information to be printed on the checks, address the checks should be shipped to and desired starting check number.)
A re-order may be placed by:
- Visiting a branch location
- Contacting us at 360-695-3441
- Clicking on the “Order Checks” link in your Online Banking profile (currently available on desktop version only)
How is the interest on Intelligent Checking paid and how do I qualify?
On balances of $0 - $25,000.00, dividends are earned at the full percentage (currently 5.00% annual percentage yield (APY)) if monthly requirements are met.
On balances exceeding $25,000.00, dividends are earned at 0.25% APY if monthly requirements are met.
Dividends are earned at 0.05% APY if monthly requirements are not met.
Monthly Requirements:
- One single deposit of $100 or more via direct deposit
- 12 debit card or 12 credit card transactions before last day of month
- Registered for eDelivery
- Log into Online Banking at least once a month during the qualifying period.
The qualifying period is the last day of the previous month through the current month's next to last day.
It's simple to track your progress towards meeting these requirements each month with our easy-to-use Intelligent Checking website in Digital Branch online and in our app.
Learn More
I heard about a security breach, how will I know if my card has been compromised?
iQ is alerted about security breaches as soon as the information is made available. In these situations, we have processes in place to ensure your account remains secure. If you have any concerns about a possible breach, reach out to us by logging in to Digital Branch to send us a secured message or call us at 800.247.4364.
How do I use the tap-to-pay feature?
Look for the tap-to-pay symbol at the checkout terminal. Hold your card near the symbol—no need to swipe or insert. You’ll hear a beep or see confirmation on the screen when it’s approved.
Is tap-to-pay secure?
Yes. Tap-to-pay payments use secure chip technology and generate a unique, one-time code for each transaction, like using a digital wallet on your mobile device.
Can I still use my card if the terminal doesn’t accept tap-to-pay?
Yes. You can still insert or swipe your card if tap-to-pay isn’t available.
Do I still need to use my PIN for tap-to-pay transactions?
Generally, you don’t need a PIN for tap-to-pay transactions, however depending on the dollar amount, merchants may require a PIN.


