Your checking account is a crucial part of your day-to-day finances. Some people think that all checking accounts are created equal — merely a vehicle used to keep your day-to-day spending money in one place — but there’s much more variety than might be apparent at first. There are accounts specially designed for the youth, checking accounts that reward you for swiping your debit card, and accounts that prioritize earning dividends on your money. Luckily, Ascend offers a variety of checking accounts designed to help people through every step of their financial journey.

If you’re interested in making your money work for you, our High-Yield Checking may be a good fit. Let’s explore the features of our High-Yield Checking account, the benefits it offers over traditional checking accounts, and tips on how to maximize its potential to reach your financial wellness goals.

Overview of Ascend's High-Yield Checking Account
Ascend’s High-Yield Checking accounts are designed for those who want more from their checking experience. Some key features include:

Competitive Rates: Earn dividends on your account balance, helping your money grow over time.

Easy-to-Waive Monthly Maintenance Fee: Enjoy the benefits of a high-yield account without worrying about monthly maintenance fees, provided you meet the account requirements.

Convenient Access: Get easy access to your funds through digital banking, the Ascend mobile app, and fee-free access to more than 55,000 ATMs worldwide through the AllPoint Network.

Telehealth Services: 24/7 access to U.S.-based board-certified doctors with zero copays.

Mobile Phone Protection: This includes replacement or repair costs with only a $50 deductible.

Fuel Savings: Enjoy savings of 5 cents per gallon on every fill-up at participating Shell stations.

Travel & Leisure Discounts: Get discounts on movie tickets, theme parks, travel, and more.

Advantages Over Traditional Checking Accounts
The High-Yield Checking account stands out from traditional checking accounts in several ways:

Grow Your Savings Effortlessly: Unlike traditional checking accounts that offer minimal dividends, Ascend’s High-Yield Checking account allows you to earn competitive dividends on your balance. Over time, this can add up significantly, particularly if you maintain a higher balance.

No Fees to Erode Your Earnings: Traditional checking accounts often come with monthly maintenance fees, which can quickly eat into your balance. With Ascend's High-Yield Checking account, you can avoid these fees if you meet certain account requirements, keeping more of your money working for you.

Flexibility and Accessibility: While some high-yield accounts come with limitations or require a high minimum balance, Ascend’s High-Yield Checking account offers flexibility. It provides the same accessibility as a traditional checking account but with the added benefit of earning competitive dividends.

Maximizing the Benefits to Reach Your Savings Goals
To get the most out of Ascend’s High-Yield Checking account and align it with your financial goals, consider these strategies:

Monitor Your Account Regularly: Keep an eye on your balance and transactions through Ascend’s digital banking platform. This helps you stay on top of your finances so you can make informed decisions that align with your goals.

Avoid Maintenance Fees: You can avoid maintenance fees on your High-Yield Checking account by meeting one of the following criteria:

• Receive at least an aggregate of $1,000 direct deposit into this account each month

• Keep a combined Average Daily Balance of $5,000 in the shares associated with the account

• Make 10 qualifying debit card purchase transactions of $5.00 or more per calendar month from the account

Ascend's High-Yield Checking account is a powerful tool for those looking to combine the convenience of a traditional checking account with the benefits of earning dividends. By maintaining a higher balance, setting up direct deposits, and avoiding maintenance fees, you can maximize the potential of your account and work towards achieving your financial goals. Consider making the switch to Ascend’s High-Yield Checking account today and start making your money work harder for you.