advantage cash back checking
Advantage Cash Back Checking
Enjoy free checking that pays 5.00% cash back on debit card purchases every month you qualify.* Now, every purchase can be rewarding.
Features
- Free checking that pays you back
- Get 5.00% cash back on debit card purchases*
- No category restrictions on purchases
- Cash back earned on as much as $250 in purchases monthly
- Earn as much as $150 cash back per year, $12.50 per month*
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Advantage Savings to build savings automatically
- No monthly maintenance fee
- No minimum balance to earn rewards
- No minimum deposit to open
- Insured by the NCUA up to $250,000 per depositor for all accounts
Qualifications to Earn Cash Back
Enrollments must be in place and all of the following transactions and activities must post and settle to your Advantage Cash Back account during each Monthly Qualification Cycle:
✔ At least 12 debit card purchases
✔ At least 1 direct deposit or ACH Credit transaction of $500 or more
✔ Be enrolled in and agree to receive e-statements within Online Banking
And if you don’t meet these qualifications, don’t worry — your account is still free. And you can get right back to earning your cash rewards the very next cycle that you qualify.
Qualification Information:
Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards.
“Monthly Qualification Cycle” means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle.
Visit docfcu.org or call 202.808.3600 for specific Monthly Qualification Cycle dates.
Reward Information:
Depending on what reward checking account you have, you will receive the following rewards when you meet your account’s qualifications during a Monthly Qualification Cycle:
Advantage Rewards Checking: daily balances up to and including $25,000.00 in your Advantage Rewards account earn a dividend rate of 4.889% resulting in a non-compounding APY* of 5.00%; and daily balances over $25,000.00 earn a dividend rate of 0.25% on the portion of the daily balance over $25,000.00, resulting in a non-compounding range from 5.00% to 1.20% APY depending on the account’s daily balance.
Advantage Cash Back Checking: you will receive 5.00% cash back on up to a total of $250.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $12.50 cash back payments may be earned per Monthly Qualification Cycle.
Advantage Savings: daily balances up to and including $100,000.00 in your Advantage Savings account earn a dividend rate of 1.982% resulting in an APY of 2.00%; and daily balances over $100,000.00 earn a dividend rate of 0.25% on the portion of the daily balance over $100,000.00, resulting in a range from 2.00% to 1.13% APY depending on the Advantage Savings account’s daily balance.
You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Advantage Rewards or Advantage Cash Back account during the Monthly Qualification Cycle in which you qualified. NOTE: ATM fee reimbursements only apply to Advantage Rewards or Advantage Cash Back transactions via ATM; Advantage Savings ATM transaction fees are not reimbursed nor refunded.
Depending on your Advantage checking account, when your qualifications are not met, cash back payments are not made, nationwide ATM withdrawal fees are not reimbursed and:
Advantage Rewards Checking: the entire daily balance in the Advantage Rewards Checking account earns 0.05% APY.
Advantage Savings: the entire daily balance in the Advantage Savings account earns 0.05% APY.
Dividends will be credited to your Advantage Rewards and Advantage Savings accounts on the last day of the current statement cycle.
The cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Advantage Cash Back account will be credited to your Advantage Savings account on the last day of the current statement cycle.
If Advantage Rewards or Advantage Cash Back are linked to Advantage Savings, the following also apply:
Advantage Rewards Checking: When linked to an Advantage Savings account, the dividends earned within the Advantage Rewards Checking account do not compound since it, along with any nationwide ATM withdrawal fee reimbursements, are automatically transferred to the Advantage Savings account within one day. This automatic transfer may cause an overdraft to your Advantage Rewards Checking account, if the account balance is less than the transferred amount when the transfer occurs.
Advantage Cash Back Checking: When linked to an Advantage Savings account, the cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Advantage Cash Back Checking account will be credited to your Advantage Savings account on the last day of the current statement cycle.
APY = Annual Percentage Yield.
APYs accurate as of 05/21/2026
Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards of less than a penny cannot be distributed. Fees may reduce earnings.
Additional Information:
Membership restrictions may apply.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
There is no minimum deposit required to open the Advantage Rewards Checking, Advantage Cash Back Checking, or Advantage Savings account.
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account’s qualifications.
Limit of 1 account(s) per social security number.
There are no recurring monthly maintenance charges or fees to open or close this account.
An Advantage Rewards account is required to have an Advantage Savings account.
A linked Advantage Savings account is required for automatic savings.
Advertised information and rewards are based on all account qualifications being met during each cycle period.
Contact one of our credit union member service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Federally insured by NCUA.