Cartwheel Checking



Manage your account with ease:

So close! Are you ready to make this account yours?

Banking may seem mundane. But with free, high interest Cartwheel Checking, it’s ok to get excited. Instead of you paying us a monthly service fee, we pay you — an impressive 2.00% APY*, to be exact. Plus, receive refunds on ATM fees, nationwide.* All it takes is a few banking basics you’re probably already doing.


  • 2.00% APY* on balances up to $10,000
  • Blended APY of 0.18% to 2.00%, depending on balance in account*
  • ATM fee refunds nationwide (up to $25 monthly)*
  • No interest if qualifications aren’t met

Account Features

  • No monthly service fee
  • No minimum balance to earn rewards
  • Unlimited check writing
  • No minimum deposit to open

Please read our change in terms for Cartwheel checking accounts, effective October 1

View the one page Cartwheel Checking product guide.


Easy ways to earn rewards:

To earn your rewards, the primary account holder can just do the following transactions and activities in the Cartwheel Checking account during each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Receive e-Statements*
  • Log into Online Banking*

Most of these things, you’re already doing. But even if you don’t qualify one month, no need to worry. Cartwheel Checking is always free, and you can easily get back to earning your full rewards the very next cycle!

*APY=Annual Percentage Yield. No minimum to open. Limit one (1) rewards checking account per primary accountholder. Rewards checking accounts include Cartwheel Checking, Velocity Checking, and Cash Back Checking accounts. To earn reward interest rate and ATM fee refunds, the primary accountholder must meet the following three (3) requirements per Monthly Qualification Cycle: 1. Make at least 12 point of sale (POS) purchases using their debit card. 2. Agree to receive account statements electronically (eDocuments) and provide a valid e-mail address. 3. Log in to Verity’s Online Branch at least once during the cycle. If the primary accountholder meets the monthly qualifications balances up to $10,000 earn APY of 2.00% and balances over $10,000 earn 0.10% APY on portion of balance over $10,000, resulting in a range from 0.18% to 2.00% APY depending on the account balance. In addition to receiving the reward rate, domestic ATM fees, up to $25 per qualification cycle, will be credited to the account if monthly qualifications are met. Reward interest and ATM fee refunds will be deposited into the reward account at the end of the Monthly Qualification Cycle. If account qualifications are not met, Cartwheel checking accounts will not
earn interest or receive ATM fee refunds. A “Monthly Qualification Cycle” is from the last calendar date of the previous month to the day before the last calendar date of the current month (ex. June 30-July 30). Only debit card transactions processed by merchants and received by the credit union as POS transactions count towards qualifying debit card transactions. Transactions must post and settle to account during the Monthly Qualification Cycle to qualify. Debit card transactions processed by merchants and received by the credit union as ATM transactions do not count toward qualifying debit card transactions. Transactions may take one or more Banking Days from the date transaction was made to post and settle to an account. “Banking Day” means any business day on which an office of the credit union is open to the public for the purpose of carrying out substantially all of its banking functions. Cartwheel Checking account rates accurate as of 10/1/17 and may change after account is opened. Must be at least 18 years to open a rewards checking account. Account approval, qualifications, limits, enrollments and other requirements apply. Qualifications and rewards may vary by account. Read the Truth-In-Savings Disclosure and Fee Schedule - Savings and Checking Accounts for more details. Federally insured by NCUA.