High Five Savings

A High Rate to Motivate Saving

Earn a rate normally reserved for certificates on the first $2,000 saved with this online savings account. 
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At a glance

Earn up to 5.00% APY*

Making savings a priority can feel like work but when a high-dividend rate is in play, your money carries some of the load by adding interest month over month. Whether you’re saving for something special or just setting up a reserve, you’ll reach your savings goal faster with this account. And best of all, there’s no term requirement or lock on the funds so the cash remains accessible. Available exclusively online.

Tier Rate APY
Balances up to $2,000 4.89% 5.00%
Balances over $2,000 0.01% 5.00% to 0.01%

More about blended rates: Accounts that pay a different dividend rate on the amount of funds in each tier. Each dividend rate applies to the portion of the account balance within each tier and not the entire account balance. This is known as a blended APY. Examples: For a $2,000 deposit, the APY = 5.00% For a $3,000 deposit, the blended APY = (2000*0.0489+1000*0.0001)/3000 = approx. 3.26% For a $5,000 deposit, the blended APY = (2000*0.0489+3000*0.0001)/5000 = approx. 1.96%.

Top of market rate

Earn up to 5.00% APY* on certain balances.

Accessible Assets

Enjoy the perks of gaining interest while being able to access cash anytime you need it.  

Autosave

Set up automatic deposits with Direct Deposit or recurring transfers from another account.
Account benefits

Perks with Your Account

We make it easy to enjoy your money when you need it, with some extra rewards along the way.
Mobile alerts

Manage the Ups and Downs of Saving 

Setting up alerts within Online Banking can let you know when your balance is dipping too low or when the balance has crested above the amount you established. It’s just an easy way to keep a pulse on your account as transactions post. 
Account Alerts Online Banking Sign Up
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Smart save

Watch Your Pennies Add Up 

Let your checking account and everyday debit card usage help fuel your savings with Smart Save. Sign up for online banking and each debit card transaction is rounded up to the nearest dollar and the difference deposited to your savings account.  
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Budget tools

Make Saving More Interactive

It’s easy to start saving but it can be hard to be persistent. Setting a savings goal within Online Banking allows you to track your progress and motivate you to save a little more here and there as you watch the chart change over time. 
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Credit card offer

Rate or Reward - Your Choice

Whether you carry a credit card balance and are rate sensitive or you like to use a credit card for every-day expenses to rack up rewards, look no further for a credit card option to meet either need. With generous limits, a quick application and the option to pick up a card at any branch—there’s no reason not to apply. 
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Other Products & Services

Explore More Banking Options

We offer a range of valuable products and services designed to meet all your financial needs. 
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Checking Accounts

Get $200 when you open a Free Checking account with direct deposit. Free online banking and debit card rewards included.1
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Certificates

Enjoy earning interest with the security of various certificate options to best fit your goals.
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Mortgages

Purchase your next home, or refinance the one you're in, with a low-rate mortgage. Jumbo loans and vacation home loans also available.
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 High Five Savings FAQs

To open, you'll need to plan to fund your account with $100.

There is a $10 monthly fee that can be waived when you maintain an average daily balance of $100.

Each primary member may have only one High Five Savings account.
*High Five Savings: Offer valid as of November 1, 2024. Membership and eligibility requirements apply. Fees may reduce earnings. A $100 minimum opening deposit is required for this account. Rates may change after the account is opened, without notice. Annual Percentage Yield (APY) is accurate as of November 1, 2024. See a MIDFLORIDA Credit Union associate for additional terms and fees.
 
1. Offer valid as of November 1, 2024, and may be canceled at any time. MIDFLORIDA Credit Union membership and eligibility requirements apply. See associate for details regarding fees and terms. To qualify for the $200 incentive, you must open a new qualifying checking account with direct deposit ($500 cumulative which must post within 60 days of account opening; cash transfer app deposits do not qualify); accept and open online banking, eStatement, and a debit card; and complete 5 debit card purchase transactions which must post in one calendar month (to be completed within the first 60 days of account opening). A qualifying checking account includes Free Checking, Debit Card Banking, Relationship Checking and Investor Checking. Freedom Banking and High Yield Checking do not qualify. No dividends are paid on Free Checking or Debit Card Banking. Annual Percentage Yield is 0.00% for Free Checking and Debit Card Banking. Annual Percentage Yield for Relationship Checking is 0.00% for balances up to $1,499.99, and 0.01% for balances $1,500.00 and over. Annual Percentage Yield for Investor Checking is 0.25% for balances up to $999.99, 0.25% for balances of $1,000.00 to $10,000.00, and 0.25% to 0.05% for balances $10,000.01 and over. Limit one incentive per Social Security number. Past checking account holders and previous recipients of checking account incentives are ineligible. The incentive will be deposited to new Free Checking account after the qualifications have been met and will be reported to the IRS. Minimum to open Free Checking is $50.

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