Vantage Credit Union Savings Account Interest Rate: A Smart Savings Choice

Vantage Credit Union offers a competitive interest rate on its savings account, currently at 2.50% APY. This rate is higher than the national average, making it a smart choice for those looking to grow their savings.

With a Vantage Credit Union savings account, you can earn interest on your deposits without worrying about fees or minimum balance requirements. The account is designed to be flexible, allowing you to access your money when you need it.

To put this interest rate into perspective, consider that earning 2.50% APY on a $10,000 deposit would result in approximately $250 in interest earned over a year. This can add up to significant savings over time, making Vantage Credit Union a great option for those looking to save for a specific goal or build an emergency fund.

You might like: The Debt Snowball Method Involves . . .

The Vantage Credit Union Savings Account offers tiered interest rates that vary depending on your account balance.

If you open a Premium Share Account with a balance between $500 and $9,999.99, you'll earn a standard rate of 0.05% APY.

To earn the relationship rate of 0.30% APY, you'll need to have a higher balance or possibly establish a relationship with Vantage Credit Union.

If you have a balance between $10,000 and $124,999 in your Premium Share Account, you'll earn a standard rate of 1.50% APY and a relationship rate of 1.75% APY.

For balances of $125,000 or more in your Premium Share Account, you'll also earn a standard rate of 1.50% APY and a relationship rate of 1.75% APY.

If you have a balance of $5,000 or less in your Launch Money Market account, you'll earn a premium dividend rate.

Here's a breakdown of the Premium Share Account interest rates:

If you're looking to earn a decent interest rate on your savings, Vantage Credit Union has a Premium Share Account that's worth considering.

The minimum opening deposit is just $500, which is a pretty low barrier to entry.

To earn the standard rate of 0.05% APY, you'll need to have a balance between $500 and $9,999.99.

For balances between $10,000 and $124,999, you'll earn a much higher rate of 1.50% APY.

And if you have a balance of $125,000 or more, you'll still earn 1.50% APY, which is a great rate for such a high balance.

Here's a breakdown of the rates for the Premium Share Account:

It's worth noting that there's also an Advantage Savings account that earns interest on balances up to and including $1,000 with earn more activated.