For a limited time, Alliant Credit Union has launched a new promotion where you can earn a $100 welcome bonus by opening a new High-Rate Savings account and maintain a minimum balance. Luckily for our users, unlike many savings-related promotions, the minimum balance required isn't overly high at $1,000.
This is a nationwide bonus from one of the best credit unions, so definitely check it out!
How To Earn The Bonus
The Alliant High-Rate Savings promotion requires you to deposit and maintain a minimum balance in order to earn the $100 bonus.
Full requirements to receive this bonus are:
- Complete your online application for High-Rate Savings account before the deadline.
- By August 30, have a minimum daily balance of $1000.
- Maintain that minimum balance through September 30, 2023.
- Bonus will be delivered within four to six weeks.
The fine print
- Must be age 18 or older at time of Account opening, and a legal U.S. Resident or U.S. Person (including a U.S. Resident Alien).
- Alliant employees are not eligible for this promotion.
How does this personal savings offer from Alliant compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Discover
Online Savings Account
- Bonus
- up to $200
- Account Type
- Personal Savings
- Expires In
- 73 days
- Requires
- Min Balance
Citi®
Citi® Accelerate Savings
- Bonus
- 4.35% APY
- Account Type
- Personal Savings
- Expires In
- Limited Time
- Requires
- Min Balance
TD Bank
Personal Savings Account
- Bonus
- $200
- Account Type
- Personal Savings
- Expires In
- 29 days
- Requires
- Min Balance
Why Alliant Credit Union?
Alliant Credit Union is one of the nation's largest credit unions and is based in Illinois. While membership is technically restricted, it's actually very easy to qualify. For example, a $5 donation to Foster Care to Success (that Alliant will actually pay on your behalf) will grant you and any immediate family members of yours lifetime membership.
Alliant has won several notable awards in recent years, from best overall credit union (CNBC) to best online experience (NerdWallet). They offer competitive rates (particularly their mortgages and auto loans), a solid digital experience, and coveted credit cards. With their ATM fee rebates, they even tout that they have more ATMs than Chase and Bank of America, combined (80,000!).
Learn more in our Alliant Credit Union review
High-Rate Savings
Fees
High-Rate Savings does not charge a monthly fee.
How to Join Alliant Credit Union
Credit unions differ from banks in that they restrict membership based on a shared common bond, or the credit union’s “field of membership”.
That means in order to qualify for this bonus (or any offer from a credit union), you'll first need to meet Alliant's membership requirements:
- Be a current or retired employee from one of the many businesses and organizations Alliant partners with in the U.S.
- Be a domestic partner or immediate family member of a current Alliant member.
- Live or work in one of the communities near our Corporate Headquarters in Chicago. Check their list of eligible communities to see if you qualify.
- Become a member of Foster Care to Success (FC2S). FC2S serves thousands of foster teens across the United States, focusing on those who are aging out of the foster care system. FC2S awards grants and scholarships for higher education and provides care packages, mentoring and internships. (Alliant will pay the one-time $5 membership fee to FC2S on the member’s behalf).
Keep in mind that nearly all credit unions have a "once a member, always a member" policy, so once you're in, the above restrictions no longer apply.