GrowGreen Checking

The Free Checking with Growth Potential

It all starts with a

Free Checking Account.

No minimum balance required.

or
Earn 3.00% APY 1a if you use your debit card in combination with your credit card.

Dividend Reward

Up to 4.00%APY 1
On balances up to $19,999
Must meet minimum activity and balance requirements.

Monthly Service Fee 2

$0
No minimum balance required

Available Cashback

1% - 5%
On Platinum Rewards
or World Mastercard Purchases

Surcharge Free ATMs

30,000+
Nationwide network of free Co-op ATMs

What is GrowGreen Checking?

GrowGreen Checking is a flexible, all-in-one checking account with excellent rewards available. Most importantly, GrowGreen is a free checking account. There are no hoops to jump through: It's just free. No monthly service charges to waive or minimum balance requirements to avoid fees. It also comes with free tools and services to help you manage your finances.

What are the requirements each month to earn a premium yield?

  • Maintain a minimum $1,000 average daily balance.
  • An ACH deposit / (Direct Deposit) or an ACH withdrawal of at least $500 must post and clear the account.
  • Make fifteen or more purchases with a GreenState debit or credit card with a minimum of $15 per transaction (purchases must be posted, not pending).

Does GreenState offer any other checking accounts?

Yes, we also offer Free Checking for members who cannot earn dividends and Access Checking for members who need help rebuilding their credit.

Will I get a debit card or a credit card?

All GrowGreen Checking accounts come with a standard debit card that can be used for purchases or at ATMs.

To earn the highest dividend reward available, you'll need to open and use a GreenState credit card (subject to credit approval).

While many GrowGreen Checking account holders will have both a GreenState debit card and credit card, please note that debit and credit purchases are not combined when determining activity requirements. 

What if I don't qualify in a given month?

That's ok! There's no monthly service fee even if you don't qualify for the dividend reward. You can still earn 1% - 5% cashback on purchases made with a Platinum Rewards or World Mastercard, and your GrowGreen Checking dividend rate for the month will be 0.01% APY1. Plus, you'll still have access to the free tools and services that come with every GreenState checking account.

Find Your Mastercard

Platinum Rewards Mastercard

GreenState Platinum Rewards Example Card

Every purchase you make earns bonus points that can be redeemed for cash, plane tickets, merchandise, and much more. Rates are low and non-variable.7

New Platinum Rewards Mastercard Special: 15,000 bonus points! 5

When you get your new Platinum Rewards Mastercard, you’ll have a special incentive to start using it. Make $500 in purchases within 2 months with the card and you’ll receive 5,000 bonus points. Cash that in for $150 or bank it for something bigger down the road!

Earn More Points!4

  3x points on gas
  2x points on groceries
  1x point on all other purchases

On purchases made with your GreenState Platinum Rewards Mastercard

World Mastercard

GreenState World Mastercard Example Card

Our elite offering, the World Card empowers you with the flexibility to explore the places and pursuits that mean the most to you. It comes with reward points for purchases, and travel benefits that give you exceptional service.

New World Mastercard Special: 25,000 bonus points! 6

When you get your new World Mastercard, you’ll have a special incentive to start using it. Make $1000 in purchases within 2 months with the card and you’ll receive 10,000 bonus points. Cash that in for $250 or bank it for something bigger down the road!

Earn More Points!4

  5x points on hotels & airlines
  2x points on gas
  1x point on all other purchases

On purchases made with your GreenState World Mastercard.

contactless card symbol

Contactless-enabled Mastercard Credit & Debit Cards

New and reissued GreenState credit or debit cards now come with contactless payment technology built in.

What are Contactless Cards? These cards use radio-frequency identification (RFID) technology to allow the user to simply hold the card near the card reader to process the transaction. There is no need to insert or swipe. Just look for the four curved lines on the card reader to see if it accepts the contactless method. When you hold your card to the reader, it securely authenticates your card information. Then the merchant’s point of sale system sends the transaction to the card issuer. The issuer then analyzes the transaction before approving it. The process only takes about 2 seconds.

Use your contactless-enabled card wherever you see the universal contactless payments symbol for a fast, safe & secure checkout. If the store does not have a contactless reader, you can simply use the conventional methods to process the transaction.

Did you know? GreenState debit and credit cards are compatible with popular mobile wallets including Apple Pay, Google Pay & Samsung Pay. Login to Online Banking and add to your mobile wallet to use your device at checkout anywhere contactless payments are accepted..

 Locate businesses ready to accept Mastercard contactless payments near you.

Free Account Tools & Features

Every GreenState Checking Account comes loaded with free tools and features to help you manage your finances with ease.

24/7 Access to Online Banking

Check balances, transfer funds, customize fraud alerts and more! Online Banking puts all your GreenState accounts and loans at your fingertips.

Mobile app w/Remote Check Deposit 3

Online banking in your pocket! You can choose to sign in with your fingerprint (when available), deposit checks with your phone's camera, and stay on top of your finances on-the-go.

contactless payments icon

Mobile Payments Enabled

GreenState credit and debit cards can be used with your mobile wallet. Login to Online Banking to add your card(s) onto your phone and make purchases at participating merchants wherever you see the contactless payment icon.”

Free Mastercard Debit Card Loaded with Benefits

GreenState Mastercard Debit Card benefits  include Extended Warranty, Mastercard ID Theft Protection™, Satisfaction Guarantee, Mastercard Global Service and Mastercard Airport Concierge™.  

Online Bill Payer

Schedule instant transfers to pay bills. You can even have a check put in the mail when direct payment options aren't available.

Custom Text Alerts 3

Need to know when you're running low on funds? We can alert you. Want to know when there's any transaction over $100? We can alert you. Want to know when your card is used in a "card not present" transaction? We can alert you then too.

Overdraft Privilege Available

Mistakes happen. We'll let you choose how we should handle them.

Testimonials

This is where I’m at home. GreenState Credit Union has been a part of our family for over 40 years. My husband was fresh home from Vietnam, we moved up here for him to go to school. The credit union was always in the background helping us achieve our goals. From buying that first car to that first mortgage. I don’t know where we would have been had they not been willing to help us, all along the way.

Colleen M.

My husband and I are owner operators, meaning we own a semi and we haul products from point A to point B. If my husband does not run, we don’t get paid. When he was in an accident, the credit union had our back and we went to them and they did not hesitate to get us back on the road. They saw the situation and made us feel important, that we mattered. GreenState is family, I would never go anywhere else.

Susan C.

I’m a neuroscientist studying to get my PhD at the University of Iowa. I discovered GreenState Credit Union when I was looking for a house. The experience at first was scary because I had no clue what I was doing but GreenState really walked me through the process. I feel like I was cinderella and GreenState was my fairy godmother who led me to my prince charming, which happens to be my house. Without GreenState Credit Union, I would be giving up my money and now I get to save my money and put it into my dreams.

Deja N.

GreenState really means family, so they know you personally and they utilized that information to help you make good decision financially. I started a business that allows me to do what I’m passionate about everyday: work with kids and work with basketball. With the career change the first step we did is went to go to meet with the credit union. They’ve helped us through every change that our life has brought us. I feel like we’re ‘Darryl and Shawna’ and not a number, I feel like I’m a person at the credit union.

Darryl M. & Shawna M.

1 -

APY is Annual Percentage Yield. Rate is subject to change after the account is opened. 0.05% APY paid on funds  exceeding those amounts if qualifiers are met. If qualifiers are not met, 0.01% APY will be paid on all balances. Fees may reduce earnings on the account. Requirements to earn the premium yield each month include 1) Fifteen or more purchases with your GreenState credit or debit card with a minimum of $15 per transaction. If a member makes 15 qualifying purchases with their credit card, they will earn the credit card yield. 2) An ACH / Direct Deposit or ACH withdrawal of at least $500 must post and clear the account (internal transfers excluded). 3) $1,000 average daily balance maintained. If average daily balance of $1,000 or more is met, interest will be paid on the entire average balance. Overdraft/returned item fees may apply. $50 initial deposit required. Offer is for one checking account per individual. Credit card and debit card must be listed under the same account as the GrowGreen Checking to qualify. Personal accounts only. Checking accounts are considered dormant after six consecutive months with no member-initiated transfers or transactions. Dormant checking accounts will be charged a dormant checking fee of $7 per month. Membership required with a minimum $5 share deposit.

For Debit Cards or Debit/Credit Combinations

  • 3.00% APY paid on balances up to $19,999
  • Account holder must be 16 years of age to be paid interest using a debit card and 18 years of age to be paid interest using a credit card or combination of credit card and debit card
  • Transactions must post and clear within the calendar month

For Credit Cards:

  • 4.00% APY paid on balances up to $19,999
  • Account holder must be 18 years of age or older to be paid interest
  • Transactions must post to the card between the first day of the month and the second-to-last day of the month.
  • Transactions posted on the last day of the month will be applied to the next month’s totals
  • Any points earned on the credit card will still accrue even if these requirements are not met

1.a -

A combination of qualifying debit and credit card purchases may be used to earn the debit card yield.

2 -

e-Statements are free for all GreenState checking accounts. Members who opt to receive paper statements for their checking account will be charged a paper statement fee of $3.50 per month. Checking accounts are considered dormant after 6 consecutive months with no member initiated transfers or transactions. Dormant checking accounts will be charged a dormant checking fee of $7 per month.

3 -

GreenState Credit Union does not charge for the mobile app or text alerts, however your cell phone carrier may charge for text and data usage.

4 -

Merchants who accept Mastercard credit cards have an assigned merchant code that is determined by the merchant or its processor based on the kinds of products and services they primarily sell. GreenState makes every effort to identify relevant merchant codes that fit into one of the bonus points categories of purchases. A purchase will not earn extra bonus points if the merchant’s code is not eligible. In some cases, even though a merchant may sell items that fit within a bonus category, if the merchant does not have a merchant code in that bonus category the purchase will not earn extra points. Purchases made through third-party payment accounts, mobile card readers, mobile wallets or other similar technologies may not qualify for bonus points if the technology is not set up to process the purchase with a merchant code that has been identified as falling within a bonus points category. The accepted MCC codes by category are: Gas: 5169, 5172, 5541, 5542; Grocery: 5411, 5422, 5441, 5451, 5462, 5499; Airlines: 3000–3299, 4511; and Hotels: 3501–3834

5 -

Make $500 in purchases within 2 months with a new GreenState Platinum Rewards Mastercard and you'll receive 15,000 bonus points. Bonus points are awarded to new Platinum Rewards cardholders on their first two monthly statements if purchase minimum is met.

6 -

Make $1000 in purchases within 2 months with a new GreenState World Mastercard and you'll receive 25,000 bonus points. Bonus points are awarded to new World cardholders on their first two monthly statements if purchase minimum is met.

7 -

See Rate & Fee Information for GreenState Credit Cards