Who is BCU PowerPlus Better Check for?
The POWerPlus account from BCU is the best for those who meet the eligibility requirements for the Credit Union and want to increase their profits to the maximum extent through their inactive money position in the verification account with a high APY. In addition, you do not need to meet the minimum balance requirements to start gaining interest.
However, the high APY applies only to the first $ 15,000. Anything that goes beyond only 0.01 % APY. So, if you have a large balance, you may want to transfer excess funds to high -yield savings accounts to make the most of your money.
How to become a member of BCU
Like most credit unions, BCU requires you to become a member to access their products and services. However, it provides some simple eligibility requirements.
You can become a BCU member online by subscribing to the free newsletter life. money. You.Financial Welfare Program.
Other ways to join:
- You are working by a partner company for the Credit Union.
- You live in one of the Seven Carters Provinces in Illinois or Wisconsin, or live in Puerto Rico.
- You are a member of the direct family or a qualified family member extending to a current BCU member.
What we like about the PowerPlus exam
What we love most of the BCU PowerPlus is that it provides up to 8 % of APY, which is rare because most financial institutions do not allow you to earn a lot with their registration accounts. The average interest rate of the carrier account is only 0.07 %.(1)
Attention levels
PowerPlus Checking comes at two levels: The first level and The second level.
You are qualified for the first level if you register in cases, and you have at least $ 1,000 of direct deposits and make 15 or more transactions each month. The first -level accounts win a basic price of 1.00 % APY for the first 15,000 dollars, and the new level members get a limited offer for three months by 4.00 %.
To be eligible for the second level, you will need to register in the settings, get at least $ 3,000 in direct deposits and create at least 30 transactions every month. The second -level accounts win a basic price of 4.00 % of APY, and the second -level members also enjoy 8 % APY by 8 % for the first three months.
Useful content and additional privileges
Another thing we love to scan PowerPlus from BCU is that the product page comes with many support videos that answer the questions that customers may have about the account. For example, how to prepare direct deposits, register for qualifications and check your qualifications.
It also contains a useful tool that helps you to calculate exactly how much the benefit you can gain based on your account balance. In addition, you can get an ATM fee of $ 10 or 20 dollars a month, depending on your account level.
Where it shortens
While the 4.00 % foundation rates and 1.00 % of APY are large clouds, these prices only apply to the first $ 15,000 in your account. For balances more than $ 15,000, you will only get 0.01 % of APY, regardless of the layer you are on.
If you do not meet the three requirements – registration in cases, and she has a certain amount in direct deposits and making a certain number of transactions at least every month – you will not earn any benefit at all.
Another possible disadvantage is that in order to be qualified for the PowerPlus Verification account, you must be a member of the credit union first. Although BCU does not receive any organic fees and provides some easy ways to join, it is still just another collar you must jump to.
PCU’s PowerPlus examination fee
| Monthly service | 0 dollar |
| Function deposit | 0 dollar |
| ATMs | 0 dollars on ATMs within the network |
| Discount card fees |
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| Open or insufficient clouds with clouds | 29 dollars for courtesy payment fees (accounts in good position, account holders can only be in a good position on exposed withdrawal).
The courtesy payment fees will not be imposed on any transaction that brings the balance available in the negative account by $ 100 or less. |
| Transportation |
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Compare POWERPLUS to BCU to other verification accounts
Narrowing the scope of accounts from top to bottom by opening deposits, drawings and APYS. You can also put a mark Compare Square on up to four sponsors to see the features side by side.
What is the degree of the researcher?
Finder records the result more than 300 checking accounts of hundreds of financial institutions. It takes into account the monthly fees of the product, the open drawing fees, the deposit of the opening, customer support options, the ATM network and features – this gives you a simple degree of 10.
To provide the result, bank experts at Finder analyze hundreds of examination accounts for what we consider is the best option: there is no monthly fee, no open drawing fees, the large ATM network that includes 50,000 or more, additional features outside the model banking services, and the optional environment of obtaining attention. Almost free accounts are recorded in maintaining and using them higher, while accounts with expensive fees and a few features are recorded.
Read the collapse of the complete researcher’s degree
Customer reviews and classifications
| BBB certified | Yes |
|---|---|
| BBB classification | A+ |
| BBB customer reviews | 1.41 out of 5 stars, based on 69 customer review |
| TrustPilot degree | 1.9 out of 5 stars, based on 16 customer reviews |
| The degree of the application store | 4.9 out of 5 stars, based on 88,100 customer reviews |
| Google playing points | 4 out of 5 stars, based on 861 customer reviews |
| Customer reviews have been checked as of | March 05 2025 |
BCU was approved by the Better Business Office (BBB) and has the highest available classification. However, it contains a few complaints on the site and a lower classification of customer reviews. Although most of these negative reviews have not been directly targeted to calculate PowerPlus from the credit federation, many customers complained about BCU’s frustrated customer service, the slow responses of fraud demands and long waiting times for support.
BCU also contains a low low-star rating on TrustPilot- although it depends only on 16 reviews, so you may want to take it with a grain of salt. However, nearly half of the negative reviews of the site were about the weak customer service in the credit federation.
Verify account reviews
★★★★ – excellent
★★★★ – good
★★★★ – middle
★★★★ – Subper
★★★★ – poor
We analyze and evaluate the audit accounts from one to five stars based on the most important factors for you. These factors include the following: monthly fees, the ease of monthly fees, the expansion of ATMs, ATMs, open cloud fees, and customer service.
Read the full methodology of how we evaluate the accounts examination.
1. The membership must be opened between 7/1/2024 and 12/31/2025 to receive this promotional offer. The preliminary period that lasted for 3 months begins in the month in which the membership is opened and ends on the last evaluation day of the fourth month. During the preliminary period for a period of 3 months, the 1st level will get 4.00 % of APY and level 2 will get 8.00 % APY. After the 3 -month preliminary period, the balances of $ 15,000 will get the highest declared average, and the balance part of more than $ 15,000 will get the specified low price. See average or web site for current rates. Members account must fulfill all requirements to achieve either level 1 or level 2 during all three months to be eligible to receive the highest APY. To earn monthly profits and pay the ATM fee for other banks of up to 20.00 dollars per month, you must fulfill your account with all these three requirements to qualify for level 1 or level 2. Please note that the additional fees of level 1 of the 1st level amounts to 10.00 dollars per month, and the excessive fees in ATM are covered from level 2 per month. To achieve level 1, you must have a monthly direct deposit with a total of $ 1,000 at least in the verification of your PowerPlus checking on an ongoing monthly basis, registration in the expanded and complete at least fifteen (15) qualified transactions. To achieve level 2, you must have direct deposits with a total of $ 3,000 at at least in the verification of your PowerPlus checking on continuous monthly bases, registration in cases and complete at least thirty (30) qualified transactions. Catched transactions include any group of the following: BCU’s discount card, signing of the discount card, purchase of credit cards, payment via online bills or ACH payments, which will be applied to the monthly requirements in the month you publish in your account. Credit cards transactions that are published on the last day of the month will be applied towards the total treatment of the following month. Accounts that do not meet all monthly requirements will not earn profits and will not receive compensation for additional fees for other banks for banks and will not be eligible for the increasing APY offer during the preliminary period. Define average of 1/1/2025. The rate of profits and annual percentage (APY) may change at any time. The balances of up to $ 15,000 will earn the highest declared rate, and the balance part of more than $ 15,000 will get the specified low price. See average or web site for current rates. There is no minimum balance required to earn profits. The stock profits are paid monthly and are calculated based on the average daily balance method. The fees may reduce profits. PowerPlus is only available as a personal account and is limited to one account for each member. Upon choice, if you do not have enough money in your account to register to wipe a offered element, the money may automatically transfer from your share on savings or your share in the money market and may be counted on the restrictions of withdrawal on this savings or its share in the money market (the transfer of electronic money from savings and the markets market shares, which include the open -up -up withdrawals of six per month). All e -funds that exceed six month are subject to $ 3 withdrawal drawings. Refer to the service fee schedule and the drawing schedule in the consumer service service agreement for more details. PowerPlus ™ examination is a BCU brand.
