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Start With Anywhere, Anytime Access to Your Money
Look for Checking That Pays Dividends on Balances
Consider Rewards and Cash Back Checking
Don’t Underestimate the Power of Extra Perks
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When you think about your everyday money management, what comes to mind first? Probably not a mortgage or an investment account. If you’re like most of us, you probably thought about your checking account. That’s because a checking account is one of the most essential tools in your financial toolbox. That said, not every checking account is the same. Finding the right type — and the right perks — can set you up to soar financially.
So, how do you find the best checking account for your financial situation? Here are a few things to keep in mind.
Start With Anywhere, Anytime Access to Your Money
Before opening an account, take the time to review all your mobile/digital banking options. Life doesn’t keep banker’s hours, so you’ll want to make sure you can access your money whenever and wherever you need.
As a Spero Financial member, you can access our digital banking platform 24/7, so you can manage all your accounts — checking included — on your own time. Deposit checks, review transactions, pay bills, and set up account alerts all in one easy-to-use platform.
But what if you’re traveling and need to withdraw some cash? Not to worry. Spero is a proud member of the Co-Op Shared Branching Network, so you have fee-free access to more than 5,600 participating branch locations and 30,000+ ATMs across the country. These aren’t other Spero locations; they're entirely different credit unions that will serve you just like you walked into your home branch.
Look for Checking That Pays Dividends on Balances
Savings accounts aren’t the only accounts that let your money earn more money. Some checking accounts, like Spero’s Kasasa Cash® checking, pay dividends on your account balance.
If you’re someone who carries a high checking balance month-to-month, it might be worthwhile to comparison shop and see which accounts will offer you the best rate. By earning dividends on your checking account, you can make your hard-earned money work harder and stretch further.
See Spero's current checking account interest rates to find out how much your balance could earn.
Consider Rewards and Cash Back Checking
If your everyday spending habits involve daily swipes of your debit card, a rewards or cash back checking account might be the right move for you.
Rewards accounts typically let you earn points that can be redeemed for discounts, gift cards, airline miles, and more. Cash back accounts are exactly what they sound like: checking accounts that give you cash back for your debit card purchases. If you want to see how these accounts work, take a look at our Kasasa Cash Back® account.
Browse Spero's full lineup of rewards and cash back checking accounts to see which one fits your spending habits.
Don’t Underestimate the Power of Extra Perks
Sometimes the most valuable part of a credit union checking account isn’t the account itself; it’s the other perks that come with your membership.
At Spero, we want all of our members to make the best financial decisions for themselves and their families, so we offer free financial counseling with a certified financial counselor. Additionally, our members are eligible to apply for our $5,000 Higher-Education Scholarship to support their post-secondary education.
Add these to the fact that credit unions reinvest our profits into products and solutions that allow us to offer lower rates on loans and higher rates on deposits, and it’s easy to see how becoming a member can really pay off.
The key to finding the right checking account is making sure its combination of access, control, and perks moves you closer to your financial goals. And if you have questions about specific accounts or programs, all you have to do is ask. Whether you contact us online or stop by your nearest Spero branch, our team is here to help.
This material is for educational purposes only and is not intended to provide specific advice or recommendations for any individual.
