Straight4ward Rewards Checking | Honest, straightforward, hard-working... just like you
Straight4ward Rewards Checking rewards you just for managing your money like you do every day. You'll find no hidden fees or hoops to jump through. Perform four simple tasks each month and earn a market-leading 4.00% (4.08% APY*) on up to $15,000 on your average balance. You'll also enjoy these additional benefits:
- No monthly service charges or fees, no minimum required opening deposit
- Fast4ward Payday feature, giving you access to ACH deposits including payroll, retirement checks and other deposits up to two (2) days early**
- Free virtual banking, with a daily snapshot of your Straight4ward Rewards qualification status
- Online Bill Pay and eStatements/eNotifications
- Overdraft Privilege and Courtesy Pay
- Access to nearly 30,000 surcharge-free ATMs across the nation
- Balances up to $250,000 federally insured by NCUA
Straight4ward Rewards Checking is exactly what it claims to be -- simple, straightforward and supremely rewarding. It's the traditional free checking account that pays interest like a certificate of deposit!
New members can open and fund their Straight4ward Rewards Checking account today! And you'll automatically qualify to earn 4.00% (4.08% APY) on your first month's average daily balance (up to $15,000), regardless of whether you perform the qualification tasks.
Because we know you'll want to start earning more right away, we've created a seamless opt-in process for existing 4Front Checking and 4Front Money Market Checking account holders to convert their accounts to Straight4ward Rewards Checking within our virtual banking experience. We'll close your other 4Front checking account and transfer your balance to your new Straight4ward Rewards Checking account so you can start earning more, right now. You won't need a new smart debit Mastercard or new checks - all your account information will remain the same. And the best part? We're awarding you 4.00% (4.08% APY) on your first month's average daily balance (up to $15,000) automatically!
*APY = Annual Percentage Yield, or the effective rate of return taking into account the effect of compounding interest.
**Preauthorized ACH credits received by 4Front Credit Union may be credited to accounts as soon as two business days prior to the scheduled posting date. If the ACH originator does not submit the information ahead of time, 4Front will be unable to deposit funds early. In this case your deposit will be posted on the scheduled posting day. 4Front is not responsible for fees or penalties resulting from transactions in advance of an early ACH credit posting.
Straight4ward Rewards Checking Frequently Asked Questions
4Front developed Straight4ward Rewards Checking to deliver measurable value to its members in the most direct and impactful way possible – cash in their account. 4Front members have always enjoyed lower rates, low or no fees, and higher rates on deposits. Straight4ward Rewards Checking takes this philosophy a step further.
No. Straight4ward Rewards Checking is absolutely free. There is no cost to participate and no monthly service fees.
Simply log into your 4Front virtual banking platform and use our handy opt-in widget to switch real-time to Straight4ward Rewards Checking. The widget is located on the right side of your desktop online banking experience. Within 4FrontGo, our mobile app, the widget is accessible after click the “MORE” button in the upper right corner. During this very brief process, you’ll be asked to review and agree to a short account disclosure. Upon indicating your understanding and acceptance, your previous checking account will be closed and your balance from that account automatically transferred to your new Straight4ward Rewards Checking account. That’s it!
No. Like the majority of financial institutions, only one type of checking product may be attached to an account.
No. We’ve created an internal process to ensure a seamless transition from our other checking products to Straight4ward Rewards Checking. Your current smart debit Mastercard and checks will be automatically reassigned to your new Straight4ward Rewards Checking account.
Log into online/mobile banking to view your tracking widget. In desktop online banking, it’s located on the right side of the account homepage. Within 4FrontGo (our mobile app), you can view the tracking widget after clicking the “MORE” button in the upper right corner.
To ensure our members enjoy a great start to their Straight4ward Rewards Checking experience, we’re waiving your four account management task requirements. You’ll enjoy 4.00% (4.08% APY) on your first month’s deposits (up to $15,000) with no action required on your behalf.
Direct deposit, automated clearing house (ACH), cash (in-branch or ATM/VideoTeller), and check (in-branch, ATM/VideoTeller and remote deposit anywhere) can be used to meet the $500 per month deposit requirement. Transfers from other 4Front accounts cannot be utilized to satisfy the deposit requirement.
The period for monthly qualification begins at midnight on the first calendar day of a month and ends at 7:00 pm ET on the last calendar day of the month. The time period is referred to as the “Monthly Qualification Cycle.”
The end of the month requires the performance of multiple banking processes including statement data generation and dividend payments. It’s important that these processes be concluded as close possible to midnight on the last calendar day of the month.
You’ll simply forgo the 4.00% (4.08% APY) for that month. Unlike lots of other rewards checking products that assess fees to customers who fail to meet requirements, you will not incur any fees for falling short of qualifying for Straight4ward Rewards in a given month.
We use a traditional average daily balance computation to determine the balance upon which the Straight4ward Rewards dividend will be paid.
Your previous month’s Straight4ward Rewards Checking dividend will be deposited directly into your Straight4ward Rewards Checking account on the first calendar day of each month.
Your previous month’s Straight4ward Rewards Checking dividend will be deposited on the first calendar day of each month.
You’ll earn 4.00% (4.08% APY) on your balance up to $15,000. Any amount over $15,000 will not earn a dividend.