$3.1 million dollars paid to our members since 2013
Since 2013, Ideal Credit Union has paid out over $3.1 million in earnings to VIP+ members to thank them for their business and loyalty. VIP+ members are eligible to receive two cashback dividends per year. These are calculated on the previous year’s account activity and are paid automatically to your Share Savings in January of each year.
Earn Special Dividends
VIP+ Loan Cashback Bonus*
|Loan Interest Paid||Loan Rebate Dividend|
|$500 - $2,499.99||$50|
|$2,500 - $4,999.99||$150|
|$5,000 - $9,999.99||$250|
How to qualify for a VIP+ Loan Cashback Bonus*
VIP+ Deposit Dividend*
|Combined Avg. Deposit Balances||Deposit Bonus Dividend|
|$5,000 - $24,999.99||$50|
|$25,000 - 99,999.99||$100|
|$100,000 - $199,999.99||$150|
How to qualify for a VIP+ Deposit Dividend*
*VIP+ Deposit Bonus and Loan Cashback Bonus totals are anticipated above and will be based on transaction data throughout year prior to payout in January of each year. Qualified VIP+ members must have an S1-Regular Share Savings with a balance of $1.00 or greater. Program excludes business services accounts, charged off loan members and delinquent loan members as of December 31 the year prior to payout.
**$20 annual fee for Overdraft Line of Credit waived for VIP+ members. VIP+ status is determined by transactional data through December 31st of the previous year and is valid through December 31st of current year. $20 annual fee will be charged for any year VIP+ status is not earned for any existing Overdraft Line of Credit. Overdraft Line of Credit rates available from 14% - 17.99% Annual Percentage Rate (APR). Actual rate based on applicant’s payment and credit history. Rates effective October 23, 2018 and are subject to change. Monthly payments are as follow: balances $500 or under: $20; balances $600 or under: $24; balances of $600.01 and over: payment is 4% of total balance.