# Class Act Federal Credit Union Honors Checking: 4.00% APY

Canonical: https://dealaka.com/offers/class-act-federal-credit-union-honors-checking-rate

- Status: Limited reports
- Bonus: 4.00% APY
- APY: 4.00% (ongoing APY on first $5,000, then 0.25% APY)
- Requirement: No minimum balance; requires direct deposit, e-statements
- Expires: no published end date
- Availability: Nationwide
- Institution: Class Act Federal Credit Union
- Verified: Aug 8, 2026 against classact.org
- Field reports: 0

## Summary
Earn 4.00% APY on balances up to $5,000 and 0.25% APY on balances above $5,000 when all monthly requirements are met. Requirements include direct deposit or automatic payment, e-statements enrollment, 10 debit card purchases totaling at least $200, and one monthly online/mobile login. No monthly maintenance fees or minimum balance required.

## Requirements
1. Apply through the offer page to open the Honors Checking.
2. Complete the requirement: No minimum balance; requires direct deposit, e-statements.

## Fine print that matters
- As of January 31, 2018, 4.00% annual percentage yield (3.96%) daily interest rate paid monthly on balances up to $5,000
- Balances over $5,000 earn 0.25% APY (stated as 'higher tier share 0 dividend rate')
- All requirements must be met before month-end processing on the last business day of the month
- Rates and terms are subject to change
- Debit card returns will be deducted from monthly total and do not count towards requirements
- Unused out of network ATM fee refunds do not roll over month to month

## Sources
- classact.org rate page <https://www.classact.org/accounts/honors-checking> (checked Aug 8, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._