Simple+ Checking
Simple+ Checking is built to keep up with you. From just getting started, building momentum or entering a new chapter, this account adjusts to support your financial journey with no switching, no extra effort.
$25
1.75%
$0
$0
Life doesn’t stand still, and neither should your checking account
Simple+ Checking is more than just a place to manage your money. It’s a flexible account that adapts to your life without you lifting a finger. Start with a basic account and unlock more benefits as your needs evolve. Here’s how Simple+ Checking evolves with you:
Start Simple, then Start Earning.
You begin with a basic checking account that covers all the basics. It’s like a trusty backpack that holds everything you need.
Keep a $100 monthly balance, and the account shifts gears, quietly earning you dividends in the background. Your money is working, even when you’re not.
Reach Premium Status.
Use your debit card 15 times a month, go paperless with eStatements, set up a monthly direct deposit of $100 or more and maintain a $100 monthly account balance. Your reward? A premium 1.75% APY.1,2
It’s like your account high-fiving you for doing what you were already doing.
Turn 50? Get More.
When you hit the big 5-0, your account celebrates with you. It automatically upgrades to what some call a “senior” or “silver” account, unlocking free personalized and official checks.
Unlike other financial institutions, we don’t require you to open a new account to get this benefit because age should come with privileges, not unnecessary paperwork.
PACU Checking Account Experience
Our checking accounts simplify money management, making it easier and more enjoyable. What sets this account apart:
- Get paid up to two days early with direct deposit. This extra time can make a real difference for bill payments, unexpected expenses or just a little extra breathing room.
- Enjoy fee-free access to thousands of ATMs nationwide. You can access your money wherever life takes you.
- Bank anytime, anywhere. Manage your account, pay bills, transfer funds, and monitor your finances 24/7 with our digital banking tools, available on desktop and mobile.
- Digital Wallet Compatibility. Add your PACU Debit Mastercard® to Apple Pay® or Google Wallet® and leave your wallet at home.
- Get the support and attention you need, whether you have a simple question or require more detailed assistance with your financial goals.
Account Access Anytime, Anywhere
With our debit card and mobile app, you’re in control: shop, pay bills, transfer funds and manage your accounts anytime, anywhere.
- Secure: Built-in fraud protection and account alerts help keep your money and personal information safe.
- Simple: An intuitive design makes it easy to check balances, deposit checks and make payments in just a few taps.
- Designed for your lifestyle: Whether you’re at home or on the go, you’ll have the tools you need to bank how and when it works best for you.
Fraud Warning Signs
- Someone contacts you claiming to be from a financial institution, the government or a family member asking for money.
- They tell you you have won a prize or gift, but must pay money or taxes before receiving it.
- They create a sense of urgency to cause you to panic and act quickly.
Resources
Advantage Insights Blog
Here, you’ll learn more about who we are, what we do and why it matters to you.
YouTube Channel
Watch past webinars, roundtable discussions and podcast videos, all catalogued on our channel for your convenience.
Reach your financial goals
Our easy-to-use calculators can help you make the right financial decisions. Let us help you research.
Disclosures
1APY is annual percentage yield. Minimum to open checking account is $25.
2Current dividend rates and annual percentage yields for checking accounts are stated in PACU’s Truth-In-Savings Disclosure (“TISD”). Simple+ Checking is a tiered rate checking account. Minimum account balance of $100 required to earn the dividends and annual percentage yields stated in the TISD. If minimum qualification requirements are met during a monthly qualification cycle, the first dividend rate and annual percentage yield stated in the TISD will apply up to the first $20,000 of your account balance, and the second dividend rate and annual percentage yield listed in the TISD will apply to any remainder of your account balance. To meet minimum qualification requirements for a monthly qualification cycle, you must: 1) make 15 debit card purchases that post and settle your account; 2) be enrolled to receive e-statements; and 3) have one direct deposit of $100 or more settled to your account. The monthly qualification cycle is defined as a calendar month. If minimum balance requirements are met but you do not meet all of the minimum qualification requirements during a monthly qualification cycle, the third dividend rate and annual percentage yield listed in the TISD will apply to your entire account balance. As of February 16, the TISD states the following annual percentage yields for Simple+ Checking: First annual percentage yield, 1.75%; second annual percentage yield, 0.05%; and third annual percentage yield, 0.05%. Dividend rates and annual percentage yields are subject to change and may change after account opening. More Checking does not earn dividends. Student Checking does not earn dividends.