Thrivent Merit Checking

¹ APY = Annual Percentage Yield. Rates may change after the account is opened. You must be the primary owner of a Thrivent Merit Checking account to be eligible to open a Thrivent Merit Savings account, and you must be the savings account's primary owner. Limit of one Thrivent Merit Checking and Savings per primary owner. Fees could reduce earnings.

You may qualify for monthly rewards if you meet the minimum qualification requirements of your Thrivent Merit Checking each monthly qualification cycle, defined as the period beginning on the first day of the calendar month and ending on the last business day of the calendar month. During that time, you must a) make 12 or more debit card purchases or POS transactions (PIN-based or signature-based) that post and settle to your account on or before the last day of the cycle; b) make direct deposits/automatic ACH deposits totaling $500.00 or more OR mobile deposits totaling $500.00 or more; and c) be enrolled in eStatements on the last day of the cycle. Some purchases or POS transactions made on or after the last business day of the calendar month, may post and settle to your account the following month based on merchant posting timeframes. Debit card transactions may take one or more business days from the date the transaction was made to post and settle to an account. Transfers between internal accounts do not count as direct deposits/automatic ACH deposits. For Thrivent Merit Checking, if minimum qualification requirements are met each monthly qualification cycle, a) ATM fees incurred during the cycle will be reimbursed up to $20; b) balances of $10,000.00 or less earn a rate of 2.47% with an APY of 2.50% and c) balances of $10,000.01 or more earn a rate of 0.25% with an APY ranging from 0.27% to 2.50% depending on the balance in the account. If qualifications are not met each monthly qualification cycle, all account balances earn a rate of 0.05% with an APY of 0.05% and ATM fees will not be reimbursed. For Thrivent Merit Savings, if Thrivent Merit Checking minimum qualification requirements are met each monthly qualification cycle, a) balances of $50,000.00 or less earn a rate of 2.96% with an APY of 3.00% and b) balances of $50,000.01 or more earn a rate of 1.29% with an APY ranging from 1.38% to 3.00% depending on the balance in the account. If qualifications are not met each monthly qualification cycle, all account balances earn a rate of 0.05% with an APY of 0.05%.

² Up to $20 in ATM fees will be reimbursed at the end of each monthly qualification cycle if qualifications are met. Automatic ATM fee reimbursement applies to domestic ATM transactions. International ATM transactions are subject to an international surcharge applied by MasterCard that is not reimbursable by TCU. International ATM transactions may require the submission of your receipt for reimbursement of the ATM fee if combined with other fees.

³ This feature is only available with personal checking accounts.

⁴ Must be previously enrolled in digital banking. If not enrolled sign up here. It may take up to 48 hours for your enrollment in RoundUP to take effect.

⁵ Deposits for transactions made on Saturday, Sunday or a Federal Holiday will post on the following business day.