Woman holding a cup and smiling

Earn More With High-Yield Checking

Earn More While Keeping Full Access to Your Money


Your checking account should do more than hold your money. With MyPoint's High-Yield Checking Account, you can earn competitive dividends on qualifying balances while enjoying the flexibility and convenience of an everyday checking account.

Whether you're building an emergency fund, maintaining higher account balances, or simply looking for a smarter place to keep your money, High-Yield Checking helps your money work harder without locking it away.

High-Yield Checking - Up to 3.25% APY*
 
High-Yield Average Daily Balance Dividend Rate
APY*
$0.00 - $14,999.99    0.00%  0.00%
$15,000.00 - $29,999.99 2.23% 2.25%
$30,000.00 - $49,999.99 2.47% 2.50%
$50,000.00 - $74,999.99 2.71% 2.75%
$75,000.00 + 3.20% 3.25%

Why Choose High-Yield Checking? 

 

Earn Competitive Dividends

Put your money to work with tiered dividend rates that reward higher balances.

No Monthly Service Fee

Keep more of what you earn with no monthly maintenance fee.

Access Your Money Anytime

Make purchases, pay bills, withdraw cash, and transfer funds whenever you need.

Federally Insured

Your deposits are federally insured by the NCUA up to applicable limits.


Why Let Your Money Sit Idle? 

Many checking accounts focus solely on convenience. While convenience matters, your money deserves the opportunity to grow, too.

With High-Yield Checking, you don't have to choose between accessibility and earnings. You get the convenience of everyday banking alongside competitive dividend rates that help your hard-earned money work harder. 


Which Checking Account Fits You Best?


Features
MyFreedom Checking
 -
Basic everyday checking
$0/month*
MyVIP Checking
 
-
Premium perks & local savings
$10/month
High-Yield Checking
-
Earn while you spend
$0/month
Service Fee
*Free with e-Statement $10 per month $0 per month
Interest on your checking balance — black check mark
black check mark
 
Up to 3.25% APY*
One free box of corporate image checks per year
— black check mark —
Free cashier's checks
— black check mark —
Free notary
— black check mark —
Shop local, save local with MyPerks savings, powered by BaZing
— black check mark —
Health Savings Card
— black check mark —
ID theft assistance1,2
black check mark black check mark —
Personal identity theft benefit1,2
$1,000
$10,000 —
Buyer's Protection & Extended Warranty1,2
$2,500 during first 90 days $2,500 during first 180 days —
Cell phone protection1,2
— $600 per claim ($1,200 per year)
—
Roadside assistance
— $80
—
Accidental death coverage2
— $25,000
—
Get paid one day early with Direct Deposit black check mark black check mark black check mark

The Difference

If you regularly maintain higher balances in your checking account, High-Yield Checking can help you earn more without changing how you bank. Your money remains available for everyday expenses while earning competitive dividend rates based on your balance tier.


Built for Everyday Banking

High-Yield Checking is a great option for:

  • Members who maintain higher checking balances
  • Emergency fund savings that need to remain accessible
  • Cash reserves for upcoming purchases
  • Households and businesses looking to maximize earnings on everyday funds
  • Anyone who wants their checking account to work harder

There is no long-term commitment, and your funds remain available whenever you need them.


FAQ

What is a High-Yield Checking account?

A High-Yield Checking account is an interest-bearing checking account that pays competitive dividends while providing convenient access to your money for everyday banking.

How do I earn dividends?

Dividends are earned based on your average daily balance and the corresponding dividend rate tier. Higher balances qualify for higher dividend rates.

Is my money locked up like a CD?

No. Unlike a certificate account, your funds remain available for purchases, ATM withdrawals, transfers, bill payments, and other everyday transactions.

Are there monthly service fees?

No. High-Yield Checking does not have a monthly service fee.

Can I use a debit card with this account?

Yes. You can use your debit card for purchases and ATM transactions just like a traditional checking account.

Can I set up direct deposit?

Yes. Direct deposit is available for payroll, retirement benefits, and other recurring payments.

Do I have access to online and mobile banking?

Yes. You'll have access to MyPoint Online Banking and the MyPoint Mobile App to manage your account whenever it's convenient.

When are dividends paid?

Dividends are calculated and paid monthly and are automatically deposited into your account.

Is there a minimum balance requirement?

There is no minimum balance required to maintain the account. However, dividend earnings and APYs are determined by the balance tiers shown above.

Is my money insured?

Yes. Deposits are federally insured by the National Credit Union Administration (NCUA) up to applicable limits. For additional information on NCUA's share insurance coverage, please visit NCUA. 

Who can open a High-Yield Checking account?

High-Yield Checking is available to eligible MyPoint members. If you're not yet a member, we can help you get started.

Can dividend rates change?

Yes. Dividend rates and APYs are variable and may change at any time. Current rates are shown in the rate table above.


Make Your Everyday Money Work Harder

Earn competitive dividends on qualifying balances while maintaining the flexibility to spend, save, transfer, and withdraw funds whenever you need them.

Open a High-Yield Checking Account Today

 

Apply Now! 











Have questions about our high-yield bank accounts?


Rates effective

*APY = Annual Percentage Yield. Annual Percentage Yields are anticipated rates and are accurate as of . See our Membership Account Agreement and Disclosure for more information. All dividend rates are subject to change at any time.
 

1 Cell phone protection, buyer's protection and extended warranty, and personal identity theft benefit are subject to additional terms and conditions.

2 Insurance products are not a deposit, not federally insured, not an obligation or guarantee by the credit union, its affiliates, or any government agency.
a woman looking at a sunset out the window of an automobile

Our Credit Union Locations in San Diego

We're proud to be a part of the community

Find a Location