A checking account that pays you back as you spend.

Put money back in your pocket, with a checking account where your rewards really add up. Interested in earning up to $300 per year in interest? How about up to $300 per year in ATM fee refunds? That’s what a 1.26% APY* could get you.

Open an Account Online

Request An Appointment

Start earning rewards from your Vermont Federal Checking Account

Not Only Does It Pay You Back, but It’s Also Totally Free!

Sound too good to be true? Well it’s true, we promise. That means no minimum balance requirements and no monthly service fees of any kind. And if you utilize electronic banking services, it’s very easy to qualify.

Bonus Rate*

On balances up to $25,000

Bonus Rate*

On amounts in excess of $25,000

If requirements are not met


In Bonus Dividends

Up to

In ATM Refunds**

*Qualifications for monthly rewards:

  • Receive monthly e-Statement
  • Login to Online Banking
  • At least 12 debit card transactions post and clear
  • At least 1 ACH payment or 1 direct deposit posts and clears

*All qualifications must be completed by 7 pm EST on the last day of the monthly statement cycle.

 *Up to $300/year bonus cash is reflective of meeting all qualifying bonus rate criterion each month AND maintaining a balance of $25,000 for a full year. Qualifications for monthly bonus rates include: receive monthly e-Statement, login to Online Banking, receive at least 1 ACH payment or direct deposit that posts and clears, and 12 or more debit card transactions post and clear. All qualifications must be completed by 7 pm EST on the last day of the monthly statement cycle.

*1.26% Annual Percentage Yield (APY) paid on balances between $0.01 and $25,000 and 0.25% APY paid on any amount above $25,000 each qualification cycle when the minimum requirements are met. If you do not meet the requirements per cycle, your Reward Checking account will earn the base rate of 0.00% APY. The daily method is utilized to determine which rate will be applied. Dividends are compounded monthly using the daily balance method. Dividends will be credited to your account on the last day of each monthly statement cycle. If you close your account before dividends are credited, you will not receive the accrued dividend. Rates may change after account is opened. Must be a member of the credit union to open
a reward checking account. $5 Share Deposit required for Credit Union membership, though no minimum balance necessary to earn rewards. Available for personal accounts only. Rates are subject to change anytime without notice and are accurate as of July 10, 2023. Fees could reduce earnings on account.

**Nationwide ATM fee refunds up to $25 per qualification cycle. Individual ATM fees of $5.00 or more will be reimbursed into your Reward Checking account upon presentation of the ATM receipt. If you do not meet the requirements per cycle, you will not receive ATM fee refunds for that qualification cycle. 

Anywhere. Anytime Banking.

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Online Banking

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Mobile Banking

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Remote Deposit

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Card Controls
and Account Alerts

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Bill Pay


Enhanced Visa 
Debit Card

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Nationwide Branch Network & Falcon ATM Network

Are You Ready For A Totally Free Checking Account That Pays You Back?

Save Your Change with the Debit Card Round-Up Feature

Small increments, big results. Let us help you save while you spend!

  • transfer Icon
    • Automatic Transfer
      Vermont Federal Credit Union will round up your debit card purchases to the nearest dollar amount and transfer the difference from your checking account to your primary share account once every day.

  • eligible icon
    • Eligibility
      All personal checking accounts are eligible.

Learn More

Family saving with Vermont Federal Debit Card Round-Up Feature
Fast Replacement Debit Card at Vermont Federal

Need a debit card today? No problem!

Get a new or replacement debit card at a Vermont Federal branch in just minutes!*

Find a Branch

*Instant Issue Debit Cards not available in the Vergennes branch location.

Frequently Asked Questions

What are the rewards for Reward Checking?

  • Earn 1.26% APY on balances up to $25,000.
  • Earn 0.25% APY on any amount in excess of $25,000.
  • ATM fees refunded up to $25/monthly statement cycle.

Still have Questions?

Let us get you some answers.