Common misconception: all checking accounts are the same. FALSE! Every checking account serves a different purpose in helping you achieve your financial goals – whether you are a student, business owner, or retiree – wherever you are in your financial journey, our checking accounts can help you prepare for your bright way forward. That’s why we want to help you choose the checking account that best corresponds to your lifestyle both in the present and for your future.

Here are descriptions of each checking account type we offer at Chartway, including their features, benefits, and minimum requirements:

Cash Back Checking

Chartway Cash Back Checking rewards members for regularly using their account to make everyday purchases. Members can earn rewards and receive ATM fee reimbursements when they meet qualifications during the account's monthly cycle. Rewards post at the end of the month for qualifying accounts.

Features

  • 3% cash back -  up to $10 per month

  • Up to $10 monthly ATM Fee Refunds

  • No monthly maintenance fees

Benefits

  • Get rewarded with a .10% rate increase on any 12 month+ certificate renewal.

  • No minimum balance requirement

  • Direct Deposit – get access to your money one day earlier

  • Online & Mobile Banking – 24/7 access to your account

  • Online Bill Pay – Keep your budget in line

  • Person-to-Person Payment – Easy, instant way to send payment to friends

  • Overdraft Protection Options – Keep your transactions on track

Minimum Requirements

  • Must have a Prime Share account with a $5 minimum balance

  • No minimum to establish the checking account

Essential Checking

Chartway Essential Checking serves those who haven’t had access or who are new to financial services with a low- or no-cost affordable checking account

Features

  • Free Access to Credit Score – get on the path to success

  • eStatements – keep track of your account

  • Fee Free ATMs – more than 55,000 locations nationwide

Benefits

  • Get rewarded with a .10% rate increase on any 12 month+ certificate renewal.

  • No Overdraft Fees – For safe, secure checking

  • No Monthly Fee with $500 Direct Deposit and eStatements*

  • Online & Mobile Banking – 24/7 access to your account

  • Online Bill Pay – Keep your budget in line

  • Person-to-Person Payment – Easy, instant way to send payment to friends

Minimum Requirements

  • Must have a Prime Share account with a $5 minimum balance

  • No minimum to establish the checking account

High-Yield Checking

Chartway High-Yield Checking offers higher-than-average dividends on large balances and provides additional financial rewards for actively using credit union services. You’ll earn a base rate on balances up to $15,000, if you meet the minimum dividend qualifications. With qualifying loans or credit cards, you’ll also earn an additional .30% on top of the base rate.

Features

  • Earn up to 5.00% APY*

  • No Monthly Fees

  • Direct Deposit – get access to your money one day earlier

Benefits

  • Get an additional 0.10% APY on Chartway Money Market Plus

  • Get an additional 0.10% APY on any 12 month+ certificate renewal

  • Online & Mobile Banking – 24/7 access to your account

  • Online Bill Pay – Keep your budget in line

  • Overdraft Protection for safe, secure checking

  • Free Access to Credit Score Person-to-Person Payment – Easy, instant way to share payment to friends

Minimum Requirements

  • Must have a Prime Share account with a $5 minimum balance

  • No minimum to establish the checking account 

Student Checking

Chartway Student Checking is the hassle-free, fee-free, no minimum balance checking account that gives teen and young adult members, ages 13 to 21, the freedom and flexibility to learn how to successfully manage their spending and provides parents with reassurance and built in control to oversee good habits for those under 18.

Features

  • No Balance Requirements

  • Person-to-Person Payment

  • $0 Monthly and Overdraft Protection Fees

Benefits

  • Free Online & Mobile Banking – Perfect for young, active lifestyles

  • Student Debit Card – Use the card to spend and manage money the smart way

  • Parental Access – You can monitor and help them build money management skills

  • Fee-Free ATMs – Access to more than 55,000 ATMs Na

  • Easy Upgrade to Convert to Cash Back Checking at Age 24 – Chartway for good. Chartway for life.

Business Checking

Chartway also offers Business Checking products for organizations and businesses from sole proprietors to partnerships, LLCs, and corporations because finding the right checking account makes a big difference for your bottom line.

Here are three types of checking accounts we’ve tailored to match your specific needs:

  • Community Checking – for non-profit organizations and unincorporated associations

  • Small Business Checking – for businesses with minimal transaction needs or maintaining low balances

  • Premium Business Checking – for established businesses with higher balances or transaction needs

Choosing the Checking Account for You

So, which will you choose from our full slate of checking accounts? We’re here to help our members live financially empowered lives and that begins with the simple step of choosing the proper checking account for yourself. If you’re ready to personalize your financial journey with a checking account or by switching to an entirely different type of checking, stop by one of our branches or reach out to us using Video Banking. Wherever you are, we are ready to serve you.

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