Connexus Credit Union Reviews

Connexus Credit Union offers three different checking account options:

• The Xtraordinary Checking account earns up to 1.75% annual percentage yield (APY) when you enroll in e-statements and use the account’s debit card to make at least 15 purchases or spend at least $400 each month. It also comes with $25 in monthly ATM rebates.
• The Innovative Checking account is a basic account that comes with free overdraft transfers from a linked account and a free debit card, but no APY.
• The Teen Checking account earns 2% APY on the first $1,000 in your teen’s account and from 0.43% to 2% APY on balances over that (as of publication).

Connexus also has a tax-advantaged Health Savings Account (HSA) for medical expenses. It’s open to anyone with a high-deductible health plan, as defined by the IRS.

With Connexus Credit Union, you’ll find two types of savings accounts:

• The Member Share Savings account is a basic savings account that requires a minimum daily balance of $100 to earn 0.25% APY (as of publication).
• The Holiday Club Savings account allows members to save money throughout the year for holiday expenses.

The credit union also has an educational app called Connexus Jr. , which helps teach kids about spending, saving and giving. It also allows parents to assign chores and pay allowances.

Connexus Money Market Accounts earn anywhere from 0.25% to 4.51% APY (as of publication), depending on your balance. The accounts require a $1,000 minimum opening deposit, and you must maintain a minimum $1,000 balance to earn interest. These accounts have no monthly fee and come with up to four free withdrawals per month.

Connexus offers share certificates, bump-up share certificates and jumbo share certificates with varying term lengths and high yields. These certificates guarantee returns and offer up to 5.16% APY (as of publication).

Members can fund their share certificates through ACH, wire transfer, check or internal transfer, and dividends are compounded and credited quarterly. Jumbo certificates require a $100,000 minimum deposit. All other certificates require at least $5,000.

Connexus Credit Union offers eight different personal credit cards to choose from:

• Everyday Rewards+ Card: Earn up to four points per $1 spent on eligible purchases and a bonus of 15,000 points ($150 value) when you spend $500 within the first 90 days of account opening.
• Platinum Card: Take advantage of a 0% introductory annual percentage rate (APR) for purchases and balance transfers made within the first 18 billing cycles.
• Max Cash Preferred Card: Earn 5% cash back on up to $2,000 in quarterly purchases made within two spending categories of your choice.
• Travel Rewards+ Card: Earn up to four points per $1 spent on eligible purchases and a bonus of 25,000 points ($250 value) when you spend $2,000 within the first 120 days of account opening.
• Reserve Rewards+ Card: Earn up to six points per $1 spent on eligible purchases and a bonus of 50,000 points ($500 value) when you spend $4,500 within the first 90 days of account opening.
• College Real Rewards Card: Earn 1.5 points for every $1 spent on eligible purchases.
• Max Cash Secured Card: Earn 5% cash back on up to $2,000 in quarterly purchases made within two spending categories of your choice. It’s a great card for those who want to earn cash back while improving their credit score.
• Secured Card: Check your credit score for free while you gradually build your credit.

Connexus also has four business credit cards to choose from.

Connexus Credit Union offers a variety of loans to help members achieve their financial goals. The loans include:

• New and used auto loans
• Recreational vehicle (RV) loans
• Personal loans
• Home equity loans
• Mortgage loans
• VA home loans
• Student loans