Pathways Financial Credit Union, Up To $300 Bonus and 10% APY
Pathways Financial Credit Union’ Swipe2Save free checking account rewards you every time you make a purchase with your debit card. You can get a bonus of up to $300 in the first six month, plus you can build your savings and earn a whopping 10.00% APY! Before you go any further, you should know that this offer is only available in Ohio and Kentucky. Additionally, there’s a cap of $5,000 for the 10% rate, and opening an account will result in a hard pull. If you’re still interested, then let’s get into it.
How it Works
When you open a Swipe2Save account, you will receive all the features of Pathways’ Free Checking account, plus an exclusive Owner Rewards Savings Account that pays you 10.00% APY. And the best part? You don’t need to do anything except sign up and use your Pathways debit card.
Every time you make a purchase with your debit card, Pathways will automatically round up the transaction to the nearest dollar and deposit the difference into your Owner Rewards Savings Account. For example, if you buy groceries for $54.23, Pathways will round up to $55.00 and deposit the extra $0.77 into your savings account. This may not seem like much, but over time, those small amounts can add up quickly.
But that’s not all. If you switch to a Swipe2Save account now, Pathways will match your savings for the first six months. That’s right – for every dollar you save through rounding up your purchases, Pathways will match it, up to a maximum of $50 per month for the first six months. This means that you could potentially earn an extra $300 in savings just by opening a Swipe2Save account and using your Pathways debit card.
So how do you get started? If you’re already a Pathways member, you can open a Swipe2Save account through online banking. Just click on “New Accounts,” then “More Share Info,” and finally “Open” next to Swipe2Save. If you’re not a member yet, you can easily open a new checking account and become a member/owner. And if you have family members who are already Pathways members, they can also join and take advantage of this great offer.
It’s important to note that the Swipe2Save Owner Rewards Savings Account balances $5,000 and under will earn 10.00% APY compounded and credited quarterly; balances exceeding $5,000 will earn the regular Secondary Savings APY. Additionally, the six-month credit union match is valid for new checking accounts only, and round-up deposits will not be made in the instance of a negative checking account balance. Opening this account will also result in a hard pull, which can be deterrent for some.
Share and checking accounts federally insured for up to $250,000 by the National Credit Union Administration (NCUA).
In conclusion, if you’re looking for a way to build your savings without changing your spending habits, Pathways’ Swipe2Save free checking account is a great option to consider. With its high APY and matching offer, you could potentially earn an extra $300 in savings just by using your Pathways debit card. So why not give it a try and start building your savings today if you’re in the eligible states?
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
Pathways Bonus Details
- OFFER PAGE
- Bonus: $300
- APY: 10%, up to $5K balance
- Account Type: Swipe2Save
- Availability: OH, KY
- Inquiry Type: Hard pull
- Opening Deposit Credit Card Funding: No
- Direct Deposit Requirement: No
- Other Requirements: See above
- Monthly Fee: No
- Closing Account Fee: None
- Expiration Date: None
HT: Doctor of Credit
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