PNW Premier – High Yield Checking
A banking account that rewards you with a high-yield rate on your checking account balance. With simple-to-achieve qualifications, a tracker to monitor your progress, and digital tools that make owning your finances a cinch, PNW Premier is an exceptional high-yield checking account for busy people wanting to make every dollar count.
PNW Premier Qualifications
PNW Premier Qualifications
When these qualifications are met, you could earn a highly competitive 7.00% annual percentage yield on balances up to $4,000 and have your ATM surcharge fees refunded (up to $10) for all non-Harborstone, non-co-op ATMs.*
- Make at least one direct deposit or automatic ACH withdrawal per month.
- Make a minimum of 12 debit card transactions of $3 or more per month.**
- Sign in at least once to your account – online or through the Harborstone app. Register for online banking as a primary account holder.
PNW Premier Tracker
PNW Premier Tracker
To make tracking and hitting these qualifications even easier, use our PNW Premier Tracker to see your progress along the way. Find the tracker in your mobile app or online banking.
Please note: On your monthly statement, PNW Premier dividends will display as two entries: “dividend credit” and “reward credit.” Dividends and eligible ATM refunds are paid on the last business day of each month.***
Join TodayAdditional Requirements
Additional Requirements
- $25 minimum deposit to open.
- Only one PNW Premier account allowed per Social Security number.
If you do not meet qualifications, you will still earn the standard annual percentage yield on your entire balance.
*This does not include international ATMs, foreign ATM withdrawals, balance inquiries, and ATM deposit fees; Harborstone Credit Union is not responsible for surcharge fees assessed by ATM owners.
**These must post and clear your account by the last business day of the month.
***Dividend rates are subject to change at any time. Fees may reduce earnings.
Get PNW Premier Today!Are High Yield Checking Accounts Worth It?
Are High Yield Checking Accounts Worth It?
When it comes to your checking and savings it’s always worthwhile to make sure you’re getting the most bang for your buck. With a high-yield checking account you can enjoy the benefit of a no risk investment into your finances. If you already have a checking account and debit card, moving your checking over to a PNW Premier account is a great way to make sure you are earning on your checking account, and enjoying one of the benefits of being a member of Harborstone Credit Union.
PNW Premier Benefits
PNW Premier Benefits
- High Yield return on the first $4,000 in your account
- Free online banking access
- No annual fees
- Competitive high-yield returns
- Debit Card Rewards just for using your card!
BreakFree Checking has been upgraded to PNW Premier, and you’re auto-enrolled! Learn more in our FAQ.
New membership must include a savings account with a minimum $5 opening deposit. The PNW Premier account requires a minimum $25 opening deposit and will earn a 7.00% annual percentage yield (APY) on balances up to $4,000 if qualifications are met. Qualifications: a minimum of 12 debit card transactions of at least $3 each that must post by month-end, one online or mobile banking login per month, and one direct deposit or one ACH withdrawal each month. The standard APY of 0.05% will apply if qualifications are not met and will apply to balances over $4,000 if qualifications are met. Fees may reduce earnings. This offer cannot be combined with any other offers, and there can be only one PNW Premier account per Social Security number. Insured by NCUA.
PNW Premier dividends display on the monthly statement as two entries: “Dividend Credit” and “Rewards Credit.” The “Dividend Credit” is the base rate earned by all PNW Premier members whether or not the account has met the reward rate criteria for the statement cycle. If the criteria for the bonus rate have been met, a second entry will display the “Reward Credit.” Because the base dividend has already been paid, the reward credit will be calculated as the reward rate less the base rate. Monthly statements display an APYE (Annual Percentage Yield Earned) and can vary from the account’s stated APY (Annual Percentage Yield). Since PNW Premier offers one 0.05% for the entire balance and 6.78% for qualifying balances up to $4,000, the APYE will reflect the “blending” of these two. Account open days, deposits, and withdrawals will all affect the APYE. The higher the balance gets over $4,000, the lower the APYE gets. This is due to the blending of money accruing at the 0.05% with the $4,000 accruing at the 6.78% rate. Members who experience this are assured they’re still earning Harborstone’s best rate when they qualify on their balances up to $4,000.
*Rates are accurate as of March 22nd, 2024 and are subject to change.