Suze Orman Endorses Alliant Credit Union for Savings and More

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Suze Orman, a well-known personal finance expert, has endorsed Alliant Credit Union for its exceptional savings and financial services. This endorsement is a testament to the credit union's commitment to helping its members achieve financial stability.

Suze Orman has praised Alliant Credit Union for its high-yield savings account, which offers a competitive interest rate of 2.17% APY. This rate is significantly higher than what many traditional banks offer, making it an attractive option for those looking to grow their savings.

Alliant Credit Union's membership requirements are also quite flexible, with anyone able to join the credit union by becoming a member of the Foster Care to Success organization. This makes it accessible to a wide range of individuals, not just those who work for a specific company or live in a particular area.

Benefits

The benefits of the Suze Orman Alliant Credit Union account are pretty straightforward. You can earn 0.55% APY on account balances over $100.

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One of the best perks is that there are no monthly fees if you opt in to eStatements. This can save you money and help you keep more of your hard-earned cash.

If you're willing to make a commitment, you can even earn a $100 bonus by depositing at least $100 for 12 consecutive months. This is a great way to reward yourself for staying on top of your finances.

Opening and Joining

To open an Alliant High-Yield Savings Account, you'll need to sign up as a member of Alliant Credit Union. You can meet the eligibility criteria by being a current or retired employee at one of Alliant's partners, an immediate family member of a current Alliant member, living or working in one of the communities near the Alliant headquarters in Chicago, or supporting Alliant's partner charity, Foster Care to Success, with a $5 donation.

To join Alliant Credit Union, you'll need to meet one of the membership requirements. These requirements include being a current or retired employee from one of Alliant's partner businesses, being a domestic partner or immediate family member of a current Alliant member, living or working in one of the eligible communities near the Corporate Headquarters in Chicago, or becoming a member of Foster Care to Success.

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You can open a savings account online from Alliant's website or by calling 800–328–1935 and mentioning the account promotion. You'll need to make your first deposit of $100 within 30 days of opening the account to remain eligible for the account bonus.

Once you're a member, you're in for life, thanks to Alliant's "once a member, always a member" policy. This means you won't have to worry about meeting eligibility criteria again.

Here are the membership requirements summarized:

  • Be a current or retired employee from one of Alliant's partner businesses.
  • Be a domestic partner or immediate family member of a current Alliant member.
  • Live or work in one of the eligible communities near the Corporate Headquarters in Chicago.
  • Become a member of Foster Care to Success.

Fees and Drawbacks

Existing Alliant Credit Union members aren't eligible to sign up for this savings account.

A $100 minimum account balance is required to earn interest, which isn't unusually high but may be a barrier for some.

Account transactions are limited to six withdrawals monthly, which is a standard feature in many savings accounts.

Existing Alliant Credit Union members aren't eligible to sign up for this savings account.

Fees

The Ultimate Opportunity Savings Account doesn't charge a monthly maintenance fee.

Drawbacks

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Account withdrawal limitations are a common feature of savings accounts, but the limitations on this account are worth noting. Only new Alliant members are eligible for this offer, so if you're an existing member, you're out of luck.

You'll need to have at least $100 in your account to earn interest, which isn't unusually high, but it's still something to keep in mind. This minimum balance requirement can be a barrier for those with smaller account balances.

Account transactions are limited to six withdrawals monthly, which is a standard feature of many savings accounts. This means you can't make a lot of withdrawals without incurring fees or penalties, so be mindful of your account activity.

Here are the key drawbacks to consider:

  • Only new Alliant members are eligible for this offer
  • You must have at least $100 in your account to earn interest
  • Account transactions are limited to six withdrawals monthly

Savings Accounts

To open an Alliant High-Yield Savings Account, you'll need to sign up as a member of Alliant Credit Union first. You can confirm your eligibility by meeting one of the following criteria: being a current or retired employee at one of Alliant's partners, an immediate family member of a current Alliant member, living or working in one of the communities near the Alliant headquarters in Chicago, or supporting Alliant's partner charity, Foster Care to Success, with a $5 donation that Alliant offers to pay on your behalf.

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To become a member, you'll need to meet one of the four eligibility criteria.

You can open a savings account online from Alliant's website or by calling 800–328–1935 and mentioning the account promotion. Your first deposit of $100 must be received within 30 days of opening the account for you to remain eligible for the account bonus.

To open a new Ultimate Opportunity Savings Account, you'll need to follow these steps: open a new account using the link below, deposit $100 each month for 12 consecutive months, and the bonus will be loaded into your account within 4 weeks of your 12th deposit.

Here are the requirements to earn the Ultimate Opportunity Savings Account $100 bonus:

  • Open a new Ultimate Opportunity Savings Account
  • Deposit $100 each month for 12 consecutive months
  • Bonus will be loaded into your account within 4 weeks of your 12th deposit

Alternatively, you can also earn a bonus by opening a high-yield savings account and reaching a daily balance of $1000 by a certain date and keeping it for one month. The bonus was transferred to me within the first two weeks after meeting the requirements.

Share Your Thoughts

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It's great to hear that some people have successfully earned the $100 bonus at the end of the year by setting up a monthly auto transfer. This can be done by opening an account and setting up a recurring transfer from a US Bank checking account.

The process is surprisingly easy, with one person reporting that it only took a few minutes to sign up and set up the transfer. Many users have found that it's worth the effort, with some even earning double the bonus by having a significant other participate.

Some users have reported that they've done this bonus twice, indicating that it's a repeatable process. One person even mentioned that they received their $100 bonus early, which is a nice surprise.

It's also worth noting that users have praised the customer service associated with this bank, making it a pleasant experience overall.

Frequently Asked Questions

Is my money safe with Alliant Credit Union?

Yes, your money is safe with Alliant Credit Union, as it's federally insured up to $250,000 by the NCUA. Learn more about your funds coverage on our website

Is Alliant a reputable bank?

Yes, Alliant Credit Union is a reputable financial institution known for offering high interest rates on various accounts. It's a great option to consider for those seeking a trustworthy and rewarding banking experience.

What credit union does Suze Orman use?

Suze Orman is a spokesperson for Alliant Credit Union, a not-for-profit financial cooperative with over 800,000 members worldwide. As a member of Alliant, Suze Orman benefits from competitive rates, low fees, and a wide range of financial services.

Who owns Alliant Credit Union?

Alliant Credit Union is owned by its members, who are also its owners as a not-for-profit financial cooperative. Members have a stake in the credit union's success and decision-making process.

Greg Brown

Senior Writer

Greg Brown is a seasoned writer with a keen interest in the world of finance. With a focus on investment strategies, Greg has established himself as a knowledgeable and insightful voice in the industry. Through his writing, Greg aims to provide readers with practical advice and expert analysis on various investment topics.

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