Northern Inland Credit Union Smart Start
Bonus rate
The ideal savings account for young workers. Enjoy a base interest rate and a bonus interest rate when you deposit $1,500/month. Package with the Smart Start Access account for everyday use.
- Base rate up to
- 0.45%
- Introductory rate
- None
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| Any balance | 0.45% | +3.30% | 3.75% |
How to earn the bonus
Rate calculated if the account doesn't meet bonus rate requirements
Who can open it
- Age to open
- 18 to 29
- Maximum balance
- None published
Who it's for
- The SmartStart account is limited to accountholders who are 18 to 29 years old in the workforce. The bonus interest is only paid where a minimum payroll credit of $1500 is electronically deposited to the Member's smartSTART Account each month.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
3.75%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.45%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
Nothing stands out.
Cons
- A low base rate. Only 0.45% in any month you miss the bonus conditions.
- Conditions for the bonus. Rate calculated if the account doesn't meet bonus rate requirements. Miss them in a month and you earn the base rate.
- An age limit. Only for people up to 29.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 3.75%
- Bonus conditions
- None
- Most it pays
- 3.75%
- Bonus conditions
- None
- Most it pays
- 3.75%
- Bonus conditions
- None
