Earn More or Get Rewarded with Xcelerate Checking!
Open an account now
What if your checking account rewarded you with an above market interest rate or cash back for everyday spending? Imagine earning all of this without monthly fees or minimum balance restrictions. That’s exactly what Transportation Federal Credit Union new Xcelerate High Yield Checking and Xcelerate CashBack Checking offers – smart banking that works for you!
New to Transportation Federal Credit Union? Opening an account is quick and easy and our membership is open to nearly everyone including all Department of Transportation employees, contractors, family members, local employer groups and organizations. (If you are not a part of those groups, simply join through our ACC partnership.) Make the switch today and start earning the benefits you deserve!
Xcelerate High-Yield Checking
Feeling the pinch of rising costs? Maybe it’s time to give your earnings a boost. Introducing our new Xcelerate High-Yield Checking account that offers an impressive 5.50% APY, almost 78 times the national average, on account balances up to $25,000!*
- NO monthly maintenance fees
- NO minimum balance requirement
- Refunds on ATM withdrawal fees worldwide (up to $25 monthly)*
- Employee Early Pay Access**
To Qualify:
- Open an account & make 15 debit card or digital wallet transactions per month.
- Sign up for eStatements and have a monthly ACH or direct deposit.
Xcelerate CashBack Checking
Picture this – earning extra money just for shopping for everyday items you already need. Introducing our new Xcelerate CashBack Checking account that offers 6.00% cash back on $200 worth of purchases each month! That’s cash back in your wallet for groceries, gas or for paying your bills. Plus, with all of the benefits below, this account gives you all the perks you need to manage your life. Open an account to start earning now!***
- NO monthly maintenance fees
- NO minimum balance requirement
- Refunds on ATM withdrawal fees nationwide (up to $25 monthly)
- Employee Early Pay Access**
To Qualify:
- Open an account & make 15 debit card or digital wallet transactions per month.
- Sign up for eStatements and have a monthly ACH or direct deposit.
Whether you’re building an emergency fund, savings for the downpayment for your first home or planning your next vacation, our Momentum Savings is a simple yet powerful way to maximize your hard-earned money.
- 2.00% APY on balances up to $100,000****
- NO monthly maintenance fees
- NO minimum balance requirement
- Automatic transfers to Xcelerate High-Yield or Xcelerate CashBack checking account
I left the FAA more than 3 years ago but I will always maintain my Transportation FCU membership!
*APY = Annual Percentage Yield and accurate as of 3/1/2025. To earn the 5.50% APY on balances up to $25,000, account qualifications must be met during the monthly cycle. Balances of $25,000.01 and over will earn 0.50% APY if all account qualifications are met during the monthly cycle. When qualifications are not met, your account will earn 0.05% APY. No minimum deposit or minimum balance is required to open or maintain the account. A monthly ACH debit/credit, 15 debit card purchases per month, and enrollment in online banking and e-statements are required for this account. These transactions do not count toward earning account rewards: ATM-processed transactions, transfers between accounts and debit card purchases processed by merchants and received by our credit union as Bill Payment transactions. Rates, rewards, and bonuses may change after the account is opened; rates may change without notice. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Accounts must remain active to avoid potential dormancy fees. If account qualifications are not met ATM refunds will not apply. Membership restrictions apply. Advertised high-rate claim is based on FDIC’s National Weekly Rates for interest checking accounts. Claim is independent of any one institution’s offerings. Comparison Source: Interest Checking, FDIC 12/16/2024. Funds federally insured by NCUA. For a copy of all account opening disclosures visit www.TransFCU.org/Fees-Disclosures. Certain restrictions apply. Contact us for details.
**On occasion, we may not receive information ahead of time from the ACH originator and may not be able to post your deposit early. In this case, your deposit will post on the scheduled posting day. TFCU isn’t responsible for NSF fees or penalties from transactions in advance of an anticipated early ACH credit posting.
***Rates, rewards, and bonuses, if any, are variable and may change after the account is opened; rates may change without notice. No minimum balance is required to open or maintain the account; however, rewards less than a penny cannot be distributed. No minimum deposit or minimum balance is required to open or maintain the account. A monthly ACH debit/credit, 15 debit card purchases per month, and enrollment in online banking and e-statements are required for this account. These transactions do not count toward earning account rewards: ATM-processed transactions, transfers between accounts and debit card purchases processed by merchants and received by our credit union as Bill Payment transactions. Membership restrictions apply. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Accounts must remain active to avoid potential dormancy fees. If account qualifications are not met ATM refunds will not apply. Advertised information and rewards are based on all account qualifications being met during each cycle period. Funds federally insured by NCUA. For a copy of all account opening disclosures visit www.TransFCU.org/KasasaDisclosures. Certain restrictions apply. Contact us for details.
****APY = Annual Percentage Yield and accurate as of 3/1/2025. To earn the 2.00% APY on balances up to $100,000, account qualifications must be met during the monthly cycle. Balances of $100,000.01 and over will earn 0.50% APY if all account qualifications are met during the monthly cycle. An Xcelerate High-Yield Checking or Xcelerate Cash Back Checking account is required to have a Momentum Savings account. Rates, rewards, and bonuses may change after the account is opened; rates may change without notice. No minimum balance is required to open an account, earn or receive the account’s rewards; however, rewards less than a penny cannot be distributed. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Accounts must remain active to avoid potential dormancy fees. Advertised information and rewards are based on all account qualifications being met during each cycle period. Fees could reduce earnings. Membership restrictions apply. Funds federally insured by NCUA. For a copy of all account opening disclosures visit www.TransFCU.org/Fees-Disclosures. Certain restrictions apply. Contact us for details.