Our Intelligent High-Yield Bundle gives flexibility while you earn and is a smart alternative to a CD, keeping your money accessible while its growing.
Deposit checks, pay people, use your mobile device to pay in stores, and more.
*optional
All you need to do to earn up to 3.50% APY* on your Intelligent Savings account is check off these boxes with your Intelligent Checking account activity:
Take advantage of these unique perks, only for you, as a thank you for being part of the iQ family.
Bump on a CD dividend rate*
Off your auto loan rate*
Off mortgage closing costs*
Off HELOC closing costs*
Eligibility for membership:
Minimum deposit to open an account:
Other Requirements:
Association, Club, & Organization Accounts:
As an Intelligent High-Yield Bundle, the qualifiers are tied to Intelligent Checking. If a member qualifies for Intelligent Checking in any given month they will also earn the higher rate on their Intelligent Savings account. If a member doesn't qualify for Intelligent Checking, they do not get the Intelligent Savings dividend.
The non-qualifying rate is .05% APY; currently the same as a regular savings account at iQ.
There are no minimum or maximum balance thresholds.
It's a smart alternative to a regular savings account. We also kept the name consistent with our existing Intelligent Checking. It's intelligent, squared.
A high-yield savings account is a great option to earn more money that a regular savings account. This is a good solution for members who don't want to keep large balances in checking or have more than $25,000.
It also is different from other higher-yield savings products like a certificate of deposit (CD) because the money can be accessed at any time (a CD locks the money for a specific period of time and it can't be accessed without penalty fees). Also, unlike a typical CD or money market account, you can start with any balance and still earn the Intelligent Savings rate.
Another unique feature: Intelligent Savings works together with our Intelligent Checking to earn members even more money without any additional work on your part.
If you already have an iQ account, you can add another share – or savings account – from inside your online banking account. Visit "Services" and click on Apply Online, then "Add Account or Service to Existing Membership".
If you don't have an existing account or you'd like more help from our team, you can fill out our online application or give us a call at 800.247.4364. You can also make an appointment online to visit one of our branches on your time. Look for the "Book an Appointment" link at the top of any page.
Yes, youth accounts can add Intelligent Savings. In order to earn the qualifying rate they must also be approved for Intelligent Checking and qualify monthly.
On balances of $0 - $25,000.00, dividends are earned at the full percentage (currently 5.50% 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:
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
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.
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.
Yes. You can still insert or swipe your card if tap-to-pay isn’t available.
Generally, you don’t need a PIN for tap-to-pay transactions, however depending on the dollar amount, merchants may require a PIN.
All Checking Accounts: *APY = annual percentage yield. Fees could reduce earnings on this account. Rate may change at any time after account is open. Click here for full account disclosures.
Truth-in-Savings Disclosure: Except as specifically described, the following disclosures apply to all accounts.
All Savings Accounts: *APY = annual percentage yield. Fees could reduce earnings on this account. Rate may change at any time after account is open. Click here for full account disclosures. Truth-in-Savings Disclosure Except as specifically described, the following disclosures apply to all accounts
Intelligent Checking®: Rates Effective as of February 1, 2024. All rates subject to change. No monthly fee. To earn the Intelligent Checking rate of 5.50% APY on balances up to and including $25,000, and 0.25% APY on balances over $25,000, you must meet the following monthly requirements: twelve (12) debit or credit card transactions; direct deposit of $100 or more per month, log in to online banking at least once per month; and receive e-Statements. If account requirements are not met, the non-qualifying rate will be 0.05% APY. New accounts will receive the qualifying dividend rate for the first statement cycle. Existing accounts converted to Intelligent Checking may qualify to receive the qualifying dividend rate beginning on the first day of the month following the month in which the account is converted. All requirements must be met with transactions posted and cleared by the close of business on the day before the last day of the month. ATM transactions do not count toward the 12 debit card transactions. Dividend paid on the last day of the month in which it is earned. Qualifiers must all be on the same account. **Only accounts that meet the Intelligent Checking criteria are eligible for the $25 ATM fee refund. Visit www.iQcu.com for details about how the ATM fee refund is calculated and other limitations. If your account has been open for at least thirty days and is in good standing, iQ Credit Union may, but is not obligated, to pay overdrafts on your account. An overdraft can occur when there are not sufficient funds in your account to pay an item presented against your account such as a check, electronic fund transfer or ACH, bill payment, or other debit on your account. A fee of up to $30 may be assessed for each overdraft. Overdrafts and subsequent fees are payable immediately; negative accounts must be brought positive within thirty days of the account going negative.
*APY= Annual Percentage Yield.
Intelligent Savings: Qualifying 3.50% APY accurate as of 02/01/2024. To earn the qualified Intelligent Savings Rate, you must have an Intelligent Checking Account and meet all monthly qualifiers. If account requirements are not met, the non-qualifying rate will be 0.05% APY. Existing savings accounts cannot be converted to an Intelligent Savings—a new account must be opened.
Intelligent Checking: Qualifying 5.50% APY is accurate as of 01/09/2024 (up to $25,000; amounts over $25,000 earn 0.25% APY). To earn the qualifying rate, your Intelligent Checking must meet the following monthly requirements: twelve (12) debit or credit card transactions, direct deposit of at least $100 per month, log into online banking at least once per month, and receive e-statements. If account requirements are not met, the non-qualifying rate will be 0.05% APY. New accounts will receive the qualifying dividend rate for the first statement cycle. All requirements must be met with transactions posted and cleared by the close of the business day before the last day of the month. ATM transactions do not count toward the 12 debit card transactions.
Bundle: Dividend paid on the last day of the month in which it is earned. Qualifiers must be on the Intelligent Checking account that is within the same membership as the Intelligent Savings account. There is no monthly fee for these accounts. Only one Intelligent Bundle per membership. All rates are subject to change.