Earn $250 cash when you open a spending account with payroll or social security direct deposit (minimum $2,500 monthly for three consecutive months).*
Say YES to a better checking account and $250!*
Stanford FCU is in the business of saying YES to your success. We believe there’s a perfect checking (spending) account out there for everyone, but we also know some members feel hesitant to take the leap into better spending.
Some members are concerned about finding an ATM. Other members think they don’t need another account or already have their direct deposit set up elsewhere. But what if getting started with Stanford FCU checking was easier than you think?
Free ATMs near you
We have more than 30,000 free ATMs across the U.S.! Shop or travel with confidence knowing the nearest one may be just around the corner. Find an ATM.
We’re not just another account
Give us a chance to show how much we care about you and your financial success. We bet this account (and our customer service) can beat your old bank.
Switch your direct deposit and automated payments in minutes
We have an easy-switch direct deposit tool that can also switch subscriptions, bills and other automated payments.
Better benefits
Enjoy free account options, Zelle®, a free first box of checks and no foreign transaction fees on your debit card!
Check out some of our more popular spending accounts!
Everyday Spending Account
No frills, no strings. Totally free spending account with no monthly fees, no minimum balance or direct deposit requirements. Learn more
Premier Spending Account
Earn interest on all balances (higher rates with Membership Rewards) and waive the $10 monthly fee by keeping a minimum balance of $2,500. Learn more
High Yield Spending Account
Earn 3.51% APY** on balances up to $50,000 when you meet the monthly requirements on this free spending account. Learn more
Payroll direct deposit is defined as recurring ACH payments from your employer or the Social Security Administration. Other deposits such as checks, transfers, Venmo, Zelle® and PayPal do not qualify.
*To receive the $250, open an Everyday, Premier or High Yield Spending Account and add a minimum of $2,500 combined monthly direct deposits for at least 3 consecutive months. The first month’s direct deposits must be received between 11/19/24 – 12/31/24, with the two consecutive monthly direct deposits received in the two months following the first direct deposit. The $250 will be deposited to your checking (spending) account by the end of March 2025 after verification.
**APY = Annual Percentage Yield. Rates are subject to change without notice. All dividends are compounded and paid monthly. Spending Accounts have a variable rate.
High Yield Spending Account interest is determined on the last day of each preceding month. If all requirements are met by month-end, then the interest will be paid at the current Qualified Rates up to $50,000 and > $50,000 on the average daily balances on the last day of the following month based on the average daily balance of the account for that month. If the requirements are not met by the last day of the preceding month, then the interest will be paid at the current Non-Qualified Rate on the last day of the following month based on the average daily balance of the account for that month. Limit one High Yield Spending account per primary member. Monthly Requirements to earn the Qualified Rate: (a) receive at least $5,000 in combined payroll direct deposits in the member’s Stanford FCU accounts, and (b) spend a minimum $1,000 on the member’s combined Stanford FCU debit and credit cards with the same primary account owner as the High Yield Spending Account. Deposits and purchases must post by the last day of each month to qualify. Grace period: During the first two months of opening a new High Yield Spending Account the interest will be earned at the current Qualified Rate, and the account requirements at the end of the second month will be used to determine the rate paid on balances in the third month. Existing checking accounts that convert to a High Yield Spending Account will not have a grace period.
