Earn 5.00% APY* with Dividend Rewards Checking
Earning 5.00% APY* is easier and more flexible than ever! Your everyday purchases with a debit card and/or credit card can help you earn more.
Open Dividend Rewards CheckingSpend happens. Earning should too.
It’s never been easier to earn our highest checking rate! Now, your everyday purchases with a Northwest debit card and/or credit card (Visa® Platinum, FirstCard Platinum) can help you earn up to 5.00% APY* with Dividend Rewards Checking. Groceries, gas, dining, subscriptions, and more can all count toward your monthly purchase total when they post during the qualification cycle. Use your Northwest debit or eligible credit card and let the spending you already do help move you closer to earning more.
High-Yield Checking that Rewards Everyday Banking
- Free Dividend Rewards Checking earns 5.00% APY* on up to a $25,000 balance when monthly qualifications** are met
- Qualifying for 5.00% APY each month is simple: be enrolled in eStatements, have $500 in ACH deposit to your Dividend Rewards checking, and make 20 debit and/or Visa Platinum/FirstCard Platinum credit card purchases during the qualification cycle
- Enjoy convenient digital banking with benefits like early pay on direct deposit, safe/secure eStatements, free transactions at 30,000+ network ATMs nationwide, and more!
*APY = Annual Percentage Yield. APYs accurate as of 10/1/26. When your Dividend Rewards Checking account qualifications are met during a Monthly Qualification Cycle, balances up to $25,000 when at least 12 debit and/or credit card (Platinum or First Card) transactions are posted receive APY of 4.00% (or 5.00% when 20 or more debit and/or credit card (Platinum or First Card) transactions are posted). Balances greater than $25,000 earn 0.50% APY on the portion of balance greater than $25,000, resulting in an APY for this tier ranging from 4.00% to 1.38% APY (or 5.00% to 1.63% APY when 20 or more eligible card transactions occur) depending on the account’s balance. APY calculation is based on an assumed balance of $100,000. Rates and rewards are variable and may change after account is opened. Each individual is limited to being the primary owner on 1 (one) account. In order to receive reimbursement of domestic ATM fees (up to $5/month) incurred, your account qualifications must be met during the Monthly Qualification Cycle. Monthly Qualification Cycle means the period beginning on the first day of the current month and closing on the last day of the current month. Debit and credit card transactions may take one or more days to post to the account and must post during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning a higher APY: ATM transactions, debit or credit card purchases processed by merchants as ATM transactions, balance transfers, cash advances or non-purchase transactions, and transactions made with cards not issued by Northwest. See account disclosures for ATM fee refund restrictions.
**Dividend Rewards Monthly qualifications are: (1) Receive an eStatement each cycle (2) Have at least 12 debit and/or credit card (Platinum or First Card only) purchases post to your account each monthly qualification cycle (or 20 or more to earn the higher dividend rate); (3) Have $500 in ACH deposits post to your account each monthly qualification cycle. Debit and credit card transactions may take one or more days to post and must post during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning a higher APY: ATM transactions, debit or credit card purchases processed by merchants as ATM transactions, balance transfers, cash advances or non-purchase transactions, and transactions made with cards not issued by Northwest.
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