Cash Mattress

Is Your Current Checking Account a Cash Mattress With Hidden Fees?

Enjoy Great Rewards

  • Earns more than a regular checking account: 2.50% APY1 & 3.
  • Receive ATM refunds2 on your High Yield account.
  • No monthly service fees.
  • No minimum balance required!
  • Free Online banking with billpay.
  • Rest easy…
Request a New Member High Yield Checking Account

Request This Account as an Existing Member Checking Account Rates

Meet Simple Qualifications

  • At least one direct deposit or automatic payment must post or clear this account each qualification cycle.
  • At least twelve debit card purchases must post and settle this account each qualification cycle.
  • Must enroll online and accept disclosure to receive eStatements.

Important Details

CapEd membership3 is required to open a High Yield Checking account.

Only one High Yield account per main member SSN is allowed.

Members receive monthly emails indicating whether or not they qualified for rewards during the qualification cycle.

A current e-mail address must be kept on file with CapEd.

Requirements are waived during the first qualification cycle and the high yield rate is earned regardless of whether the requirements are met.

After the first qualification cycle, the non-qualifying APY1 is earned and ATM fees will not be refunded during any qualification cycle the requirements are not met. Members can start over the next month and work toward meeting the requirements to earn the higher rates.

Qualification cycles begin on the last day of the month and end on the day before the last day of the next month.
Available for personal accounts only.

High Yield Checking Rates

The APY is accurate as of the last dividend declaration date.

Balance Dividend Rate APY*
$0 to $10,000
With Qualifications 2.47% 2.50%
Without Qualifications 0.05% 0.05%
Every dollar over $10,000
With Qualifications 0.20% 0.20%
Without Qualifications 0.05% 0.05%

*APY Is Annual Percentage Yield. Rates are accurate as of the last dividend declaration date. Rates may change after the account is opened. Fees or other conditions could reduce the earnings on the account.

If you have any questions, please call our Member Services Department at 208-884-0150 or 800-223-SAVE (7283).

If you already have a CapEd Checking account and you want to convert to a High Yield Checking account, click here.

1APY=Annual Percentage Yield. Rates are accurate as of the last dividend declaration date and may change after the account is opened. Rates are earned when qualifications are met.
2Domestic ATM fees, up to a maximum of $25 each qualification cycle, when qualifications are met. ATM receipt must be presented for reimbursement of ATM fees of $5 or higher. 
3Must be a member to qualify. See membership eligibility online at Membership.

Qualification Cycle Calendar

Google+ Authorship