Back To Top Skip to Content

Checking Accounts

Designed to give you maximum value and services.

Smarter checking with more value, benefits, and flexibility

Choose from two options: Free Checking or Rewards Checking with extra perks—and you may qualify for Rewards at no cost.

Checking & Debit

Rewards Checking

Velocity’s Rewards Checking is ideal for members who maintain higher balances and seek added value through interest earnings and exclusive perks. By meeting simple activity requirements, you can enjoy a dividend-paying account with no monthly fee.

Key Features:

  • Free Rewards Debit Card with Round Up feature
  • Free ID Theft Protection and Credit Report Monitoring
  • Free Direct Deposit (Get Paid Two Days Early!)
  • Free Online & Mobile Banking, eStatements, and eAlerts
  • Overdraft protection with linked accounts
  • Avoid $4.95 monthly fee with:
  • $2,000+ combined monthly debit/credit card spend
  • eStatement enrollment
  • $1,500+ in electronic deposits

Compare Plans

Open an Account

Lifestyle Benefits 1

  • Cell Phone Protection2
  • Roadside Assistance Services2
  • $hopping Rewards2
  • Travel and Leisure Discounts
  • Telehealth Services3

About Member Benefits1

Financial Benefits

  • Debit and Credit Card Rewards Program
  • Free Velocity ATMs and Free ATM Access at More Than 400 Alliance of Austin-Area Credit Unions
  • Credit Score Toolbox
  • Financial Wellness 3601

Security Benefits

  • Credit Monitoring*
  • Identity Theft Protection*
  • Identity Fraud Monitoring and Reimbursement
Checking & Debit

Free Checking

Velocity’s Free Checking offers a straightforward, fee-free account packed with essential features, making it perfect for everyday banking needs without the worry of monthly charges.

Key Features:

  • No monthly service fees or minimum balance requirements
  • Free Debit Card with Round Up feature
  • Free ID Theft Protection and Credit Report Monitoring
  • Free Direct Deposit (Get Paid Two Days Early!)
  • Free Online & Mobile Banking, eStatements, and eAlerts
  • Overdraft protection with linked accounts

Compare Plans

Open an Account

Two Checking Accounts. One Perfect Match for You.

From fee-free simplicity to reward-packed perks, Velocity offers checking options for every style. Compare below to find your perfect fit.

Rewards Checking Free Checking
Our dividend (interest) paying checking account for members who keep a higher average balance and who are looking for more return, more rewards and more benefits. Our fee-free checking account with many free benefits and features.
Membership Membership is just $5.00 and we’ll credit it to your new savings account. Membership is just $5.00 and we’ll credit it to your new savings account.
Minimum Balance to Open Account $25 $10
Minimum Balance to Waive Monthly Fee and Service Fee Easily avoid the $4.95 monthly fee with $2,000 in combined Rewards Debit Card or Credit Card spend, eStatement enrollment, and electronic deposits of $1,500 or more. $0
Daily ATM Cash Limit $1,000 $1,000
Daily Debit Card Limit $5,000 $5,000
Additional Benefits Lifestyle, Financial and Security Benefits

Big perks in every account.

No matter which Velocity checking account you choose, you’ll get all the good stuff like built-in perks, helpful tools, and easy access to your money, anytime, anywhere.

* ID Theft Protection and Credit Report Monitoring available through Mastercard.
** A $5.00 service charge is assessed for each transfer.
*** See Agreements & Disclosure or Fee Schedule for more information on Rewards Debit Card Round Up.

Credit Card

Get a Fresh Start with Access Checking

If you’ve had trouble getting or keeping a checking account, Velocity’s Access Checking gives you a fresh start. With just a $10 opening fee and a $15 monthly service fee, you’ll receive a checking account with checks or a debit card.

Stay in good standing for one year—no negative balances, overdrafts, or new charge-offs—and you may be eligible to move to a traditional checking account.

Ask your banker for details and start rebuilding today.

Found Your Match? Open Your Account Today.

Open an Account

Explore Debit Card Features

Two great debit card options come with your new checking account

Debit Cards

Velocity Debit Cards

About Member Benefits1
Benefits are available to personal checking account owner(s) and their joint account owners subject to the terms and conditions for the applicable Benefits. Some Benefits require authentication, registration, and/or activation. Benefits are not available to a “signer” on the account who is not an account owner or to businesses, clubs, trusts, organizations and/or churches and their members, or schools and their employees/students. ²Special Program Notes: The descriptions herein are summaries only and do not include all terms, conditions and exclusions of the Benefits described. Please refer to the actual Guide to Benefit and/or insurance documents for complete details of coverage and exclusions. Coverage is provided through the company named in the Guide to Benefit or on the certificate of insurance. Insurance Products are not insured by the NCUA or any Federal Government Agency; not a deposit of or guaranteed by the credit union or any credit union affiliate. 3Available for the account holder and their spouse/domestic partner and up to six (6) dependent children aged 2 and older. This is not insurance.