Make money moves with Paycheck Perks
Earn 7.5% APY*
Earn 7.5% for the first 90 days. then 5.00% or 4.00% depending on direct deposit amount.*
Cash Back
Get paid when paying. Simply swipe or tap and you’ll get cashback.1
Round Up
We’ll round up your spare change so you make more on your savings.2
On your application, select “yes” on the following questions:
- Would you like to sign up for Paycheck Perks?
- Would you like to round up?
Disclosure
Membership required.
*APY=Annual Percentage Yield. SkyOne rates and terms are accurate as of 07.23.2024 and are subject to change after the account is opened without notice. Rates are effective as of the last dividend declaration date. The rate is variable and may change after the account is opened. The minimum cumulative monthly direct deposit required to earn dividends is: $0.00 – $2,499.99 to earn 0.05% APY, $2,500.00- $4,999.99 to earn 4.00% APY, and any direct deposit of $5,000 or more to earn 5.00% APY.
Promotional Rate: The promotional dividend rate is 7.254% and the Annual Percentage Yield (APY) is 7.50%. The promotional rate will be subject to change at any time, as determined by the Credit Union’s Board of Directors.
Promotional Term: The promotional term to earn the promotional rate for the Perk Central Savings Account is three (3) dividend periods. The promotional term will begin once a cumulative monthly direct deposit of $2,500 or more is posted to the account and will continue for three dividend periods only, regardless of any deposits made to the Perk Central account. For example, if the cumulative direct deposit of $2,500 posts to the account on January 15, the promotional term of three dividend periods would be January, February, and March.
The first cumulative direct deposit of at least $2,500 must be received by September 30, 2024, to receive the promotional rate. After the promotional term expires, funds will earn dividends at the then current dividend rate tiered based on the amount of direct deposit posted to the account.
Maximum Deposits Allowed: The maximum balance allowed to be transferred monthly is dependent on the amount of direct deposit posted to the account. Accounts with a cumulative monthly direct deposit of $2,500 – $4,999.99 will be allowed a maximum deposit of $500.00 to the Perk Central account. Accounts with a cumulative monthly direct deposit of $5,000 or more will be allowed a maximum deposit of $1000.00. Any other deposits or transfers, except for Round Up change or other promotional perks, will be swept out of the Perk Central account nightly and transferred into the Primary Savings account.
1 Paycheck Perks Swipe Bonus
If you make at least 25 debit card point-of-sale purchases (excluding PIN-based transactions) of at least $1 each per month, you will receive $5.00. The funds will be credited to your Perk Central account. To qualify for the Paycheck Perks Swipe Bonus, you must be eligible for a checking account and debit card. Please note that we reserve the right to cancel or modify the Paycheck Perks Swipe Bonus program at any time without prior notice. Additionally, the Paycheck Perks Swipe Bonus is not available for business debit cards.
2Round Up
To qualify for Round Up, you must be eligible for a checking account and debit card. We may cancel or modify the Round Up program at any time without prior notice. Round Up is not available for business debit cards. You may opt out of the Round Up program at any time by contacting us at 800.421.7111, live chatting with us, or email us at memberservices@skyone.org.
Fees may reduce earnings Please refer to the Fee Schedule and All in One Disclosure for complete details.
