Checking Accounts

Reward Checking - Our Premier Checking Account

Reward Checking

Put money back in your purse or wallet, with a checking account where your rewards really add up. Interested in earning over $625 per year in interest? How about up to $300 per year in ATM fee refunds? That’s what a 2.50% APY* could get you. That, and maybe some new purses and wallets. 

If you utilize electronic banking services, it’s easy to qualify for this free checking account.

  • No minimum balance
  • No monthly maintenance fees

Bonus Rates

Qualifications for monthly bonus rates:

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

Reward Checking Frequently Asked Questions

Open an Account Online or visit any of our Branches to get started.

Share Draft Checking - Our Basic Checking Account

This free checking account is available for those who prefer not to utilize our electronic services.

  • No minimum balance
  • No monthly maintenance fees

Student Checking

It's never too early to introduce your child to valuable money management habits. This free checking account is designed to help teens 13 to 18 learn good money management practices with parental oversight.

  • Parent/guardian joint on account
  • No minimum balance
  • No monthly maintenance fees
  • Debit card
  • Online and Mobile App access 24/7
  • Peace of mind with no overdraft fees
  • Transition to a Reward Checking Account at age 18, with option to remove joint account holder

All Checking Accounts

No matter which account you choose, you will receive the following benefits:

New! Save Your Change with the Debit Card Round-Up Feature

Small increments, big results. We can help you save every time you use your debit card.

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

Debit Card Round-Up Frequently Asked Questions

Enhanced Debit Card

 Your debit card now has expanded purchasing power and enhanced security features:

  • Satisfaction Guarantee - this benefit provides up to $250 per product if you become dissatisfied with the product within 60 days of purchase and the merchant will not accept a return.1
  • Expanded Zero Liability - shop with confidence in stores or over the phone and internet knowing that you are protected against unauthorized purchases with zero liability.2
  • Identity Theft Resolution - A recent expansion of MasterCard/s security efforts, this new program provides help in canceling missing cards and alerting credit reporting agencies. This program also includes targeted searches to detect if stolen personal and confidential data appears online.

To learn more about these valuable card benefits, visit

Learn about our Business Checking

Apple Pay

*2.50% Annual Percentage Yield (APY) paid on balances between $0.01 and $25,000 and 0.45%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 0.10%APY. $5 Share Deposit required for Credit Union membership, though no minimum balance necessary to earn rewards. Available for personal accounts only. The daily method is utilized to determine which rate will be applied. Dividends are compounded daily. 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 are subject to change without notice.

**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.  

1 Other conditions may apply. 2 For additional details visit


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