Premium Checking
Premium Checking Account
Free checking with a premium interest rate. Get rewarded for using your debit card.
4.25% APY** premium dividend
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Earn the Premium APY on balance up to $15,000.
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Earn 0.15% APY on balance over $15,000.
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Qualify by meeting easy minimum activity criteria.
No monthly fees or minimum balances
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Access your money with no monthly maintenance fees.
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No minimum checking account balance is required for members.
Free debit card & no-fee ATM network
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Get your free debit card by mail or instantly at any Veridian branch.
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Make free ATM transactions at thousands of Privileged Status ATMs.
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Set spending alerts or limits and turn your card on and off using Card Control in Online Banking.
Get paid early
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Get your paycheck up to two days early when you send your direct deposit to Veridian.
Learn more about early release payroll
Minimum Activity Requirements
Our Premium Checking Accounts reward you with a higher dividend simply for using us as your primary checking account. Meet these easy requirements monthly and watch your money grow.
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Compare and choose which account |
Premium Checking
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Premium Plus Checking
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|---|---|---|
| 4.25% APY**on all balances up to $15.000. | 5.25% APY**on all balances up to $20.000. | |
| Requires enrollment in eDocs | ||
| Requires direct deposit | ||
| Requires 15 debit card purchases monthly | ||
| Requires 15 credit card purchases monthly | ||
| Open Account | Open Account |
How much could you earn annually?
Our Premium Checking Accounts reward you with a higher dividend simply for using us as your primary checking account. Meet these easy requirements monthly and watch your money grow.
This is an estimation tool for illustration purposes only. It assumes purchases are made with a Visa® Debit Card, associated with a Premium Checking account, which qualifies for the Premium dividend yield each month. Actual results may vary.
Benefits of EVERY Veridian Free checking account
- Tap to pay, and compatible with mobile payments (Apple Pay, Google Pay and more).
- Turn your card on and off, and set spending limits with Card Control in digital banking.
- Make unlimited transactions at Veridian-owned ATMs with no surcharge, or up to 10 transactions free at a SHAZAM Privileged Status Network ATM near you.
- Card issued instantly on site. Choose a green or purple card!
- Access your accounts, transfer money, pay bills, check your balance and more from online banking or the Veridian mobile app.
- Use Remote Check Deposit on your mobile device.
- Track your credit score for free with Credit Central.
- Set email or text alerts for balances, transfers and due dates.
- Easily open new accounts with Quick Apply.
- No minimum balances.
- No monthly fees.
- Free Overdraft Protection.
- Reorder checks online anytime.
- Get paid early when your direct deposit is sent to Veridian.
Frequently Asked Questions
Yes, and we’ll make things easy for you. When you convert an existing checking account, your account number will stay the same. That means your existing debit card, checks and automatic payments will all remain active with your new Premium Checking account.
Yes! There are no monthly fees for any of our checking accounts. However, overdraft fees could apply if any transactions take your account to a negative balance.
You may only be listed as the primary account holder on one Premium or Premium Plus Checking account.
ATM transactions, automated clearing house (ACH) payments, checks and eChecks do not count towards your qualification.
Any associated card purchases must settle and post to the account/card between the first day of the month and the second to last day of the month. Any pending transaction and/or transactions posted on the last day of the month will be applied to the next month's totals.
Yes. Each debit card associated with your Premium Checking Account will count towards the qualifications.
Ready to open your checking account?
Current members can open a checking account faster with Quick Apply in online banking.
Looking to earn More? Get our Premium Plus Checking Account to earn the most money
Any Veridian Credit card^ qualifies you for a Premium Checking Account, but only the Visa® Signature Card lets you earn cash back on top of a premium interest rate.
Learn more about premium checking account earnings
+ Assumes 4.25% APY (annual percentage yield) paid on Premium Checking balances up to $15,000; 0.15% APY on funds exceeding $15,000. If minimum qualification requirements are not met during the monthly qualification cycle, the rate of .01% APY will apply to the entire balance of the Premium Checking account.
** APY = Annual Percentage Yield. APY is accurate as of the last dividend declaration date and is subject to change after the account is opened. 4.25% APY paid on Premium Checking balances up to $15,000; 0.15% APY on funds exceeding $15,000. 5.25% APY paid on Premium Plus Checking balances up to $20,000; 0.15% APY on funds exceeding $20,000. If minimum qualification requirements are not met during the monthly qualification cycle, the rate of .01% APY will apply to the entire balance of the Premium/Premium Plus Checking account.
^ To qualify for a premium rate, enrollment in eDocs, direct deposit of net income to an account under the membership, and a minimum of 15 card purchases, averaging $10 each, during the month, is required. Premium Checking requires 15 debit card purchases, averaging $10 each, and Premium Plus requires 15 credit card purchases, averaging $10 each. Balance transfers, ATM transactions and cash advances do not count toward the monthly card transaction requirements. Card(s) must be associated with the Premium/Premium Plus Checking account. Business and Home Improvement Visa credit cards are ineligible. Transactions must settle and post to the associated card account between the first day of the month and the second to last day of the month. Transactions posted the last day of the month will be applied to the next month’s transaction totals. One Premium Checking or one Premium Checking Plus account is allowed per tax identification number. Must be 18 years of age or older to open a Premium or Premium Plus Checking account. Qualifications are subject to change, and we will notify you as required by applicable law.