Choice Checking

Get unlimited free checking with an incredible 1.00% APY.* There are no monthly service fees or minimum balance requirements, and it's so easy to qualify, you're probably already doing it. Make the right choice and get Choice Checking today!

Choice Checking
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Account Rewards

  • 1.00% APY* on balances up to $10,000
  • 1.00% to 0.11% APY on balances over $10,000 depending on balance in account*
  • 0.01% APY* on entire balance if qualifications are not met
  • Free Bill Pay
  • No monthly service fee or minimum balance—ever
  • Unlimited checking privileges

Free Services

It's Easy to Earn High Dividends!

To earn your rewards, simply do the following activities and transactions in your Choice Checking account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Have at least 1 recurring direct deposit or SOA credit card/loan payment post and settle each monthly qualification cycle.
  • Be enrolled in and receive eStatement notice

If for some reason, you don't qualify in a given cycle, don't worry—you still pay no fee and even earn our base rate of return! Plus you get unlimited checking with no restrictions. Best of all, you can get the rewards back the very next cycle!

Over 5,000 branches through shared branching. NCUA insured up to $250,000.

*APY=Annual Percentage Yield. APYs accurate as of 07/14/2015. Rates may change after account is opened. If qualifications are met each monthly qualification cycle: (1) balances up to $10,000 receive APY of 1.00%; and (2) balances over $10,000 earn 0.11% dividend rate on portion of balance over $10,000, resulting in 1.00% to 0.11% APY depending on the balance. If qualifications are not met, all balances earn 0.01% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Transfers between accounts do not count as qualifying transactions. Fees may reduce earnings.

Qualification Cycles

Qualification Cycles

We rely on our automated systems to check whether account holders have met the qualification terms, and to ensure fairness, all accounts are checked on the same day. The qualification cycle differs from the statement cycle by approximately one day.

End of Qualification Cycle

Our system checks to see if your accounts qualify for benefits on the last business day before the end of your statement cycle. This day is the "end of the qualification cycle." The end of the qualification cycle may vary month-to-month, and it is important to keep this date in mind when conducting qualifying transactions.

Last Day Transactions Qualify

All qualifying transactions MUST have posted before the end of the qualification cycle. Transactions posted after the end of the qualification cycle will be counted towards the next month's qualification cycle.

Schedule of Qualification Cycles for 2015

December: Start - November 29, 2015 - End - December 30, 2015

January: Start - December 31, 2014, End - January 30, 2015

February: Start - January 30, 2015, End - February 27, 2015

March: Start - February 28, 2015, End - March 29, 2015

April: Start - March 30, 2015, End - April 29, 2015

May: Start - April 30, 2015, End - May 29, 2015

June: Start - May 30, 2015, End - June 29, 2015

July: Start – June 30, 2015, End - July 30, 2015

August: Start – July 31, 2015, End – August 29, 2015

September: Start - August 30, 2015, End – September 29, 2015

October: Start – September 30, 2015, End – October 30, 2015

November: Start – October 31, 2015, End – November 28, 2015

December: Start – November 29, 2015, End – December 30, 2015


Spread the word and get $50!

The Refer-A-Friend Program rewards members with a $50 referral bonus when their friends open and maintain a share account (savings) and transactional (checking) account with Spirit of Alaska FCU.

Look for the Refer-A-Friend link in your end-of-cycle email notification for your Choice Checking account.

Read more about our Refer-A-Friend Program here.


Choice Checking Calculator

Opens as an Excel Spreadsheet

Use this calculator to discover the interest you can earn with our Choice Checking Account!