Skip to main content

HOPE Rewards Checking

Earn up to 3.01% APY¹ each month with no fee and no minimum balance!2

If you’re ready for your financial institution to show you some love, you’re ready for a HOPE Rewards Checking account!3 It’s a free account that can put cash back in your pocket.

Here’s what you get:

  • A free account with no monthly service charge.
  • No minimum balance requirements
  • Cash paid into your account each month.4
  • Free HOPENet Online Banking service. That includes our bill payment feature.
  • Free HOPE Mobile Banking access.5
  • Refunds on up to $20 in ATM fees.6

How much can you earn?

  • Without doing anything, you get 0.10% APY1 on all balances.
  • Turbocharge your earning by meeting the simple qualifying criteria each month:
    • 3.01% APY1 on all balances up to $10,000
    • 0.50% APY1 on all balances over $10,000

So what does it take to get that bonus rate? It’s pretty simple! Each month7 you need to:

  • Have 12 debit card transactions post to and clear your account.8,9
  • Log on to HOPENet Online or HOPE Mobile5 just once.
  • Be signed up for and receive e-statements.
  • Have at least one direct deposit or automatic payment (ACH) clear your account.8

What if you don’t qualify during a particular month? Don’t worry: you still get the base rate paid back into your account. Then just meet the criteria the next month to earn the bonus rate.

Still want to earn more? Our HOPE Rewards Checking Plus account adds a connected HOPE Rewards Savings Plus account.

Open an Account   Compare Accounts   See Our Rates

1APY=Annual Percentage Yield. APYs accurate as of 03/01/2013. Rates may change after the account is opened. 2There is no minimum balance required to open a HOPE Rewards Checking account. 3Members must meet certain terms and conditions to open a HOPE Rewards account. Members are limited to one HOPE Rewards Checking account as a primary account holder. No commercial account may participate in this program. 4Dividends are paid on accounts with positive balances. 5Your wireless carrier may charge data or text messaging fees. 6If HOPE Rewards Checking qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 and credited to the account on the last day of monthly statement cycle; an ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher; (2) balances up to $10,000 receive an APY of 3.01%; and (3) balances over $10,000 earn a 0.50% dividend rate on the portion of the balance over $10,000, resulting in 3.01% – 0.73% APY depending on the balance. If qualifications are not met on HOPE Rewards Checking accounts, all balances earn 0.10% APY. 7The Qualification Cycle is defined as the first calendar day of the month through the last calendar day of the month (example: March 1 – March 31). Contact us for more information about the qualification cycle. The advertised HOPE Rewards Checking APY is based on compounding dividends. Dividends earned in a HOPE Rewards Checking Plus account are automatically transferred to a linked HOPE Rewards Savings Plus account each statement cycle and do not compound. The actual dividend amount paid may be less than the advertised HOPE Rewards Checking account APY. The HOPE Rewards Savings Plus APYs may be less than HOPE Rewards Checking account APYs. If qualifications in a HOPE Rewards Checking Plus account are met each monthly qualification cycle: (1) balances up to $10,000 in HOPE Rewards Savings Plus receive an APY of 1.01%; and (2) balances over $10,000 in HOPE Rewards Savings Plus earn 0.50% dividend rate on portion of balance over $10,000, resulting in 1.01% – 0.52% APY depending on the balance. If qualifications are not met on HOPE Rewards Checking Plus accounts, all balances in HOPE Rewards Savings Plus accounts earn 0.10% APY. At our discretion, we may change the dividends paid on all tiers, and/or cap at any time. Fees may reduce earnings. 8Qualifying transactions must post to and settle to the HOPE Rewards Checking account during the monthly qualification cycle. The qualification cycle is not the same as your monthly statement cycle. Transactions may take one or more banking days from the date the transaction was made to post to and settle in the account. 9Transfers between accounts do not count as qualifying transactions. ATM-processed withdrawals do not count as qualifying debit card transactions.