RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,264
I know there are other PenFed customers here. Recently I saw something about "Access America" checking which pays 0.20% interest up to $20K and 0.50% interest up to $50K. This is better than their regular or MM savings rates, so if you keep a lot of money there you may want to upgrade. I searched and didn't see anyone else post about this yet.
Upgrading from existing checking is easy. Go to the "products and rates" tab, then Checking (or just click on https://online1.penfed.org/PenFedOnline/Forms/ProductsAndRates/Checking.aspx ) and click on Open. It will recognize if you already have checking and ask if you want you to upgrade. Click yes, and that's it. No new cards or account number.
I think you need to keep the balance above $500 to avoid fees. Not sure if that's different from before. Check for yourself to make sure.
Upgrading from existing checking is easy. Go to the "products and rates" tab, then Checking (or just click on https://online1.penfed.org/PenFedOnline/Forms/ProductsAndRates/Checking.aspx ) and click on Open. It will recognize if you already have checking and ask if you want you to upgrade. Click yes, and that's it. No new cards or account number.
I think you need to keep the balance above $500 to avoid fees. Not sure if that's different from before. Check for yourself to make sure.