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Intelligent Savings

Flex your financial intelligence and earn more

Sign up for our Intelligent High-Yield Bundle to earn up to 5.00% APY[[cite:checking]] on your checking and up to 3.00% APY[[cite:intelligent_savings]] on your savings account when you join iQ Credit Union.

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Another plaid-tastic reason to join iQ Credit Union

When you sign up for an Intelligent Checking account, you automatically qualify for our new Intelligent Savings, offered exclusively by iQ. Get rewarded for your regular banking activities, plus enjoy the flexibility of a high-yield savings account that gives you easy access to your cash (with no minimum or maximum thresholds).

Bundled with a qualifying Intelligent Checking account, Intelligent Savings can keep you earning even after you’ve maxed out your Intelligent Checking rewards.

  • Piggy-Bank

    A user-friendly way to save

    Our Intelligent High-Yield Bundle gives flexibility while you earn and is a smart alternative to a CD, keeping your money accessible while its growing.

  • Money-Plant

    Earn more with Intelligent Checking

    Designed to earn up to 5.00% APY[[cite:checking]] on regular day-to-day banking activities and structured so that your normal habits should keep you in the earning zone.

  • Money-Wings

    Intelligent Savings – it's very smart

    Bundled with a qualifying Intelligent Checking account, Intelligent Savings can keep you earning even after you’ve maxed out your Intelligent Checking rewards.

Discover your Intelligent High-Yield Bundle perks

  • NoMoney

    $0 monthly service fee or minimum balance requirement

  • 025-login

    Free online banking, bill pay, & money management software

  • ATM-2

    Enjoy no fees with a nationwide network of 30,000+ ATMs

  • Cash-To-Card

    Up to $25 in refunds per month on ATM surcharges nationwide

  • VisaCashbackIcon

    Get your Visa® debit card instantly at any iQ branch

  • Computer-Card

    Direct deposit

  • Smartphone-Money

    Mobile banking access

    Deposit checks, pay people, use your mobile device to pay in stores, and more.

  • Check

    Unlimited check writing

  • Checkmark-Shield

    Overdraft protection
    *optional

Join iQ Credit Union today

It’s the intelligent way to earn a higher yield.

Our hassle-free application makes it quick and easy to join so that you can experience the benefits of banking with iQ even faster. 

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Bundling helps you earn more

Intelligent Checking and Intelligent Savings accounts makes it possible for you to earn up to 3.00% APY[[cite:intelligent_savings]] on your savings and up to 5.00% APY[[cite:checking]] on checking. Now, that is a smart reason to join iQ Credit Union!  

All you need to do to earn up to 3.00% APY[[cite:intelligent_savings]] on your Intelligent Savings account is check off these boxes with your Intelligent Checking account activity:

  • Computer-Card

    12 iQ debit and/or Visa credit card transactions per month

  • Piggy-Bank

    Direct deposit of a combined $100 or more per month

  • 025-login

    Sign up to receive eStatements

  • Passwork-Computer

    Log onto your online banking account at least once each month

Calculators

Use our helpful calculators to help guide your decision

Save for a Rainy Day

Rainy Day Savings Summary
Planned Savings
$ 0.00
Savings Goal
$ 0.00
Saving for a Rainy Day
Comparison Details
Category Your Plan Your Goal

Life has a way of throwing surprises your way — a sudden medical bill, an unexpected car repair, or a gap between paychecks. Having money set aside for these moments can be the difference between a stressful setback and a manageable one. Start by estimating what you'd need: a buffer for unexpected costs plus enough to cover your essential monthly expenses for however long you'd want breathing room. Then map out how to get there using what you already have saved, what you can contribute each month, and the timeline that works for you. This calculator is for informational purposes only and is not intended as financial advice. Results are estimates based on the inputs you provide and assumptions about rates of return, which may vary. Please consult a qualified financial professional before making decisions about your savings strategy.

Intelligent Savings FAQs

What do I need to open an account?

Eligibility for membership:

  • Any person who lives, works, or attends school in the State of Washington
  • Any person who lives or works in the following six Oregon counties: Clackamas, Columbia, Hood River, Multnomah, Washington or Yamhill
  • Any immediate family member of an existing iQ member. This includes:
    • Spouse, parents, grandparents, children, grandchildren, brothers, sisters, aunts, and uncles; also including “half” and “step” siblings, parents, and grandparents; and
    • Domestic partner of a member
  • Members of the Pacific Foundation for Blind Children (PFBC) who live or work within the state of Oregon
  • Certified or Classified school employee within southwest Washington
  • Businesses (Sole Prop, LLC, Partnership, Corp) that are legal entities within the State of Washington
  • Businesses (Sole Prop, LLC, Partnership, Corp) located within the following six Oregon counties: Clackamas, Columbia, Hood River, Multnomah, Washington or Yamhill

Minimum deposit to open an account:

  • General Membership (18 and older)- $5.00
  • Minor Accounts (17 and younger)- $5.00
  • Non-Profit Organizational Accounts- $5.00
  • Business Accounts- $5.00

Other Requirements:

  • Government-issued ID with photo with current address: Driver’s license, State ID, U.S. Passport, U.S. Armed Forces ID card
  • Your Social Security Number (SSN) or Tax Identification Number (TIN)
  • Current rental agreement, utility bill or mortgage statement for address verification

Association, Club, & Organization Accounts:

  • Meeting minutes outlining the title of the Authorized Signers
  • Valid ID for all signers
  • EIN is required

How can I qualify for Intelligent Savings?

As an Intelligent High-Yield Bundle, the qualifiers are tied to Intelligent Checking. If a member qualifies for Intelligent Checking in any given month they will also earn the higher rate on their Intelligent Savings account. If a member doesn't qualify for Intelligent Checking, they do not get the Intelligent Savings dividend.

What is the non-qualifying rate for Intelligent Savings?

The non-qualifying rate is [[iq:rate_rows:checking-non-qualifying.val2]] APY; currently the same as a regular savings account at iQ.

Are there any minimum or maximum balance thresholds for this account?

There are no minimum or maximum balance thresholds.

Why is it called Intelligent Savings?

It's a smart alternative to a regular savings account. We also kept the name consistent with our existing Intelligent Checking. It's intelligent, squared.

Why is this savings option a unique option?

A high-yield savings account is a great option to earn more money that a regular savings account. This is a good solution for members who don't want to keep large balances in checking or have more than $25,000.

It also is different from other higher-yield savings products like a certificate of deposit (CD) because the money can be accessed at any time (a CD locks the money for a specific period of time and it can't be accessed without penalty fees). Also, unlike a typical CD or money market account, you can start with any balance and still earn the Intelligent Savings rate.

Another unique feature: Intelligent Savings works together with our Intelligent Checking to earn members even more money without any additional work on your part.

How can I open an Intelligent Savings account?

If you already have an iQ account, you can add another share – or savings account – from inside your online banking account. Visit "Services" and click on Apply Online, then "Add Account or Service to Existing Membership".

If you don't have an existing account or you'd like more help from our team, you can fill out our online application or give us a call at 800.247.4364. You can also make an appointment online to visit one of our branches on your time. Look for the "Book an Appointment" link at the top of any page.

Can I add Intelligent Savings to a youth account?

Yes, youth accounts can add Intelligent Savings. In order to earn the qualifying rate they must also be approved for Intelligent Checking and qualify monthly.

How is the interest on Intelligent Checking paid and how do I qualify?

[[cite:checking]]On balances of $0 - $25,000.00, dividends are earned at the full percentage (currently 5.00% annual percentage yield (APY)) if monthly requirements are met.

On balances exceeding $25,000.00, dividends are earned at 0.25% APY if monthly requirements are met.

Dividends are earned at 0.05% APY if monthly requirements are not met.

Monthly Requirements:

  • One single deposit of $100 or more via direct deposit
  • 12 debit card or 12 credit card transactions before last day of month
  • Registered for eDelivery
  • Log into Online Banking at least once a month during the qualifying period.

The qualifying period is the last day of the previous month through the current month's next to last day.

It's simple to track your progress towards meeting these requirements each month with our easy-to-use Intelligent Checking website in Digital Branch online and in our app.

Learn More