Elite Benefits for Elite Engagement
Level up your banking experience with NCACU and go Elite to earn even more rewards with your everyday habits. With NCACU Elite Benefits, you can add-on savings for loans, CDs, and Money Markets:
| Requirements | Loan Rate Discount 0.50% APR* | CD Rate Bump 0.50% APY* | Money Market Rate Bump 0.50% APY* |
|---|---|---|---|
| Monthly Direct Deposit | $1,000(+) | $1,000(+) | $1,000(+) |
| eStatements | X | X | X |
| eNotices | X | X | X |
| Online Banking | X | X | X |
| Debit Card | X | X | X |
| Valid Email & Mailing Address | X | X | X |
| NCACU Checking Account | X | X | X |
Are you Elite?
Realize you might already be Elite without the rewards? Contact NCACU to get it added today! All Elite Benefits require enrollment with our NCACU staff to ensure you’re hitting the qualifications to be Elite.
Ready to get started? Explore our rewarding checking accounts.
Elite Status can change month to month according to their transactions and monthly lifestyle in the preferred and chosen tier. Courtesy pay is not available for any member under the age of 18. A minimum of one parent/guardian will be joint on the account to qualify for a checking account if under the age of 18. Qualifying debit card purchases include: Point-of-sale purchases made with your debit card; and Online purchases made with your debit card. Debit card transactions that are not eligible for 1% cash back include: Transactions conducted at an ATM; The purchase of money orders, currency, coins, or other cash-equivalents, such as Bitcoins, negotiable items not yet deposited, U.S. treasury bills, and commercial paper; Peer-to-Peer or Person-to-Person (P2P) payments; Merchant returns/refunds. See credit union for details.
All rate specials require enrollment by NCACU staff. Eligibility and qualification status may change month to month based on whether program requirements are met. Monthly requirements must be completed by end of day on the last day of each month to qualify for benefits in the applicable period of the following month. A valid email and mailing address on file, a minimum of $1,000 in monthly direct deposit into an NCACU Debit Cash Back, Rewards Checking, or Basic Checking account, have an active debit card, and enrollment in Online/Audio/Mobile Banking, eStatements, and eNotices are required. Enrollment in Online, Audio, and/or Mobile Banking is qualified with at least one monthly log in to at least one platform. See credit union for complete details, terms, and conditions.
Certificate of Deposit (CD) Bonus Rate: The CD Rate Bump Club is not automatically applied. Members should contact the credit union to verify eligibility and enroll. If a member does not meet the qualifications during a given month to earn the additional 0.50% APY (Annual Percentage Yield), only the base CD dividend rate will be paid. If the member later meets all requirements for a full calendar month, the CD Rate Bump Club dividend payment will be applied beginning the following month. Dividends posted separately, with one dividend payment reflecting the base CD rate and a second dividend payment reflecting the CD Rate Bump Club dividend payment. Penalties for early withdrawal may reduce earnings. Minimum CD opening balance is $500. Maximum CD balance eligible for the bonus rate is $250,000. The deposit amount determines the dividend rate for the Certificate of Deposit.
Money Market Bonus Rate: The Money Market Bonus Rate is not automatically applied. Members should contact the credit union to verify eligibility and enroll. If a member does not meet the qualifications during a given month to earn the additional 0.50% APY (Annual Percentage Yield), only the base Money Market dividend rate will be paid. If the member later meets all requirements for a full calendar month, the Money Market Rate Bump Club dividend payment will be applied beginning the following month. Dividends posted separately, with one dividend payment reflecting the base Money Market rate and a second dividend payment reflecting the Money Market Rate Bump Club dividend payment. Penalties for excessive (more than three) withdrawals may reduce earnings. Minimum Money Market opening balance is $1,000. Maximum Money Market balance eligible for the bonus rate is $250,000. The deposit amount determines the dividend rate for the Money Market.
Loan Rate discount: Participation in the program for the discount 0.50% APR (Annual Percentage Rate) is optional and does not affect credit approval. The discount credit is applied to the loan’s principal balance on the last day of the month following the month in which qualifications were met. Available for vehicle loans, recreational vehicle loans, and unsecured loans (excluding Quick Cash and Credit Cards).